luxury apartments / penthouses for sale Sandpoint, 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.

Experience the finest of Northwest luxury waterfront living on Lake Pend Oreille! Set on 125 feet of prime shoreline, this extensively renovated 6, 500 sq ft retreat offers 6 bedrooms, 6.5 bathrooms, a dedicated home gym, and expansive living spaces with lake views from nearly every room. Designed for both everyday comfort and entertaining, the home features custom cabinetry, rich hardwood floors, tongue and groove ceilings, and handcrafted log accents that reflect true North Idaho character. The chef's kitchen is a centerpiece with live-edge granite countertops, a Wolf gas range, a Sub-Zero refrigerator, wine storage, and a spacious butler's pantry. The main-level primary suite is a private retreat with a fireplace and spa-inspired bath, while the walkout lower level lives like its own residence with a full kitchen, living area, and direct lake access, ideal for guests or multigenerational living. Outdoors, enjoy a private dock with boat lift, outdoor kitchen, fire pit, and beautifully designed grounds made for sunset gatherings and quiet mornings on the water. Minutes from charming downtown Sandpoint, this home is complete with radiant floor heating, smart home features, and a three-car garage, delivering the full North Idaho lifestyle with privacy, luxury, and convenience.