$2,489,000
Hope, ID 83836
MLS# 23-7351
4 beds | 4.5 baths | 3268 sqft
1 / 37
Property Description
With the prospect of a property subdivision, this gem in Hope, Idaho, is your gateway to profit and success. 5 idyllic homes on 5 sprawling acres. The flexibility of Recreational Zoning makes this an extremely rare opportunity to achieve economies of scale. Main home is 3168 sq ft |4 bed, 4.5 bath w/ensuite baths in all 4 rooms. 3 single family homes are 1260 sq ft each |3 bed, 2 bath. The cabin is 672 sq ft |2 bed, 1 bath. Extensive summer and winter recreation, along with a public beach and boat launch right across the street and boundless National Forest adventures up the road, make this a prime spot for a private long- or short-term rental community, vacation retreat, or boutique bed and breakfast. Situated just a short drive from Sandpoint, Schweitzer Mountain Ski Resort, and The Idaho Club Golf Course, this location offers unparalleled recreational opportunities and is a haven for both leisure and investment.
Details
Maps
Documents
Contract Information
Status: Active
Listing Type: Site Built > 2 Acres
Income Producing: Yes
Area: North (Bonner & Boundary)
Neighborhood Grid #: 440
Begin Date: 2023-08-05
List Price: $2,489,000
Non-Agent Compensation: 1
Non-Agent Compensation Type: %
Buyer Agency Compensation: 2.5
Buyer Agency Compensation Type: %
Short Sale: No
REO: No
General Property Description
Realtor.COM Type: Residential - Single Family
Building Style: Multi-Level
Basement: No
Garage Type: Att Carport
Garage Stall: 1 Car
Gar/Cpt2-Type: Att Carport
Gar/Cpt2-#/Stalls: 1 car
Gar/Cpt3-Type: Att Carport
Gar/Cpt3-#/Stalls: 1 car
Total Bedrooms: 4
Total Bathrooms: 4.5
Total SqFt.: 3268
SqFt 1: 1800
SqFt 2: 1236
SqFt Source: Builder Plans
Lot Size: 226,207
Lot Acres: 5.19
Year Built: 2002
Remodeled: No
New Construction: No
Lot Type 1: Residential
Add'l Living Quarters: Yes
Add'l Living Quarters Beds: 3
Add'l Living Quarters Total Baths: 2
Add'l Living Quarters Approx SqFt: 1260
Add'l Living Quarters SqFt Source: Builder
Add'l Living Quarters Year Built: 2002
Add'l Living Quarters Description: 2nd Home
Legal and Taxes
Legal: 16-57N-1E TAX 4 LESSTAX 9,15,16 & 18 HWY R/W and 16-57N-1E TAX 18 - SEE ATTACHED EXHIBIT A AND B
AIN/Tax Bill: 12588 & 12589
Parcel Number: RP57N01E166461 & RP57N01E166970
School District: Lk Pend Oreille - 84
Zoning: Recreation
Tax Year: 2022
Taxes Reflect 1: Exempt
Taxes Reflect 2: Exempt
Subdivision: N/A
Directions: From Sandpoint head East on SH-200 for approximately 12 miles. Turn left on Freeman Lane. (1st left past Trestle Creek Rd.). All 5 houses are accessed from Freeman Lane.
Remarks
Public Remarks: With the prospect of a property subdivision, this gem in Hope, Idaho, is your gateway to profit and success. 5 idyllic homes on 5 sprawling acres. The flexibility of Recreational Zoning makes this an extremely rare opportunity to achieve economies of scale. Main home is 3168 sq ft |4 bed, 4.5 bath w/ensuite baths in all 4 rooms. 3 single family homes are 1260 sq ft each |3 bed, 2 bath. The cabin is 672 sq ft |2 bed, 1 bath. Extensive summer and winter recreation, along with a public beach and boat launch right across the street and boundless National Forest adventures up the road, make this a prime spot for a private long- or short-term rental community, vacation retreat, or boutique bed and breakfast. Situated just a short drive from Sandpoint, Schweitzer Mountain Ski Resort, and The Idaho Club Golf Course, this location offers unparalleled recreational opportunities and is a haven for both leisure and investment.
Address Information
Street Number: 71
Street Name: Freeman
Street Suffix: Ln
State/Province: ID
Postal Code: 83836
County: Bonner
Property Subject to
CC&Rs: No
Homeowners Assoc: None
LID: No
Docs on File: Yes
Non-Mtg Lien: None
Flood Zone: Yes
Aircraft Flight Zone: Unknown
Fire Protection Dist: Yes
Fire Protection Name: Sam Owen Fire
Miscellaneous
Sec: 16
Twn: 57N
Rng: 01
Rng Dir: EBM
Rooms per Level
1st Fl Living Rm: 1
1st Fl Dining Room: 1
1st Fl Kitchen: 1
1st Fl Half Bath: 1
1st Fl Laundry: 1
1st Fl Other Rm(s): 2
2nd Fl Mst Bdrm Suite: 4
Other Rooms
Office: 1
Storage: 1
Other Structures
Shop Size: 24 x 36
Water
Est GPM: 50
Number of Homes: 5
Number of Homes on Well: 5
Sewer
Number of Homes: 5
Property Features
View: Mountain(s); Neighborhood
Lot Features: Cul-De-Sac; Level; Open; Wooded
Interior Features: Dryer Hookup - Elec; Gas Fireplace; High Speed Internet; Washer Hookup
Exterior Features: Covered Patio; Covered Porch; Garden; Paved Parking
Common Walls: No Common Walls
Appliances: Range/Oven - Elec; Propane Water Heater
Kitchen Amenities: Kitchen Island
Fuel: Electric; Propane
Heating: Baseboard; Fireplace; Forced Air; Furnace
Other Structures: Shed
Basement: None, Crawl Space
Foundation: Concrete
Construction: Frame
Exterior: Hardboard
Flooring: Carpet; Laminate; Vinyl
Roof: Metal
Road: Gravel; Public Maintained Road
Water: Community Well
Sewer: Community System; Shared Septic
Terms Considered: 1031 Exchange; Cash; Conventional; Idaho Housing Agency
Supplements
Currently being used as transitional housing & run by a non-profit with rent calculated as a % of income. Open market rents are substantially higher.
Well Report 
Listing Office: Tomlinson Sotheby's International Realty (Idaho)
Last Updated: February - 16 - 2024
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