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About the Listing TIC - 2080
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.
Listing Highlights for 503-203 Cedar St
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances: Gas Range, Electric Dryer, Electric Water Heater, Washer, Refrigerator, Microwave, Disposal, Dishwasher
- Air Cond:
- Heating: Natural Gas,Fireplace(s),Cadet,Electric,Radiant,Heat Pump,Mini-Split
- Fireplaces: Gas
- Floor: Tile,LVP
- Basement: Slab on grade
- Other: Fireplace,High Speed Internet,Washer Hookup,Mini-Split A/C
- Water: Public
Exterior Details
- Lot Description: Landscaped,Corner Lot,Level,Southern Exposure
- Garage Capacity: 1 car
- Zoning: Commercial
- Roof: Metal
- Others: Fire Pit,Lighting,Open Deck,Spa/Hot Tub,Handicap Access
- Sewer: Public Sewer
- Parking Features: Paved Parking
Financial Details
- Tax Amount: $439
- Taxes w/Assessments: N/A
- Tax/Property ID: RPS389700002A0A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
503-203 Cedar St Sandpoint, ID 83864
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