luxury apartments / penthouses for sale Bonner County, United States

Investor opportunity in the heart of downtown Sandpoint, where comparable residences within the building have demonstrated strong short-term rental performance and five of the six residences are investor-owned. This level of investor ownership reflects the building's proven appeal as both a luxury residence and income-producing asset. As the final residence available in the highly sought-after 5th & Cedar development, #203 offers a rare opportunity to combine income potential, personal use flexibility, and long-term appreciation. This 1,590-square-foot luxury condominium features one of the largest floor plans in the building, with a spacious open-concept design, primary en-suite, guest bedroom, full bath, detached garage, EV charging, high-speed internet, secure building access, and elevator service. Guests and owners enjoy premium rooftop amenities including a hot tub, fire table, outdoor TV, BBQ area, and lake views. Located in downtown Sandpoint's most walkable district, restaurants, shopping, coffee shops, City Beach, Lake Pend Oreille, and the Farmers Market are just steps away. With limited hotel inventory in downtown Sandpoint and strong demand for high-quality vacation rentals, properties like this continue to attract both visitors and investors. Schweitzer Mountain Resort, the region's premier year-round destination, is only 25 minutes away. Eligible for short-term rental use within Sandpoint's commercial zoning district.

Set along the water's edge on a .44-acre lot, this beautifully designed modern riverfront home offers a seamless blend of comfort, functionality, and outdoor living. With 1,562 square feet of thoughtfully planned space, the home features three bedrooms, two bathrooms, and an abundance of natural light throughout. An office alcove provides the perfect spot for remote work or creative pursuits. Designed to maximize the water views, the open-concept layout captures the scenery from the main living areas. A functional kitchen flows effortlessly into a lakeside dining area, ideal for both everyday living and entertaining. The inviting living room is anchored by a cozy gas fireplace, creating a warm and welcoming space to relax. Outdoor living takes center stage with a spacious deck boasting over 500 square feet-perfect for hosting, dining, or simply enjoying the peaceful riverfront setting. The landscaped yard sits on a level lot with easy access to a private dock, offering endless opportunities for recreation on the water. The impressive 40x30 detached shop was built to accommodate a future ADU, with plans available upon request, providing excellent flexibility for guests, rental income, or extended living space. A gated entry and paved parking complete the property, adding both privacy and convenience. This exceptional waterfront property combines modern design, thoughtful amenities, and the beauty of riverside living in one compelling package.