luxury apartment with terrace for sale Bonner County, United States

LUXURY LIVING AND INCOME PRODUCING POTENTIAL. One of Sandpoint's most iconic waterfront properties nestled along Sand Creek in the heart of downtown, this legacy property spans over 10,000 sq ft across two buildings, with lush gardens, patios, and direct access to the marina and boardwalk. The centerpiece is a luxury penthouse residence, a 3 bed, 3 bath retreat with panoramic waterfront views, currently thriving as a high-demand vacation rental. Below, two established restaurant tenants create steady income and vibrant energy, while the landscaped parcel between the buildings provides private outdoor living space in the middle of town. This unique property offers unmatched flexibility: live here full-time, enjoy as a vacation residence, or continue operating as a proven investment. Located within Sandpoint's Federal Opportunity Zone, buyers also benefit from compelling tax incentive potential. Few properties combine this level of lifestyle, location, and financial upside.