702 N Florence AVE, Sandpoint, ID 83864
See all 28 photos
702 N Florence AVE, Sandpoint, ID 83864
702 N Florence AVE, Sandpoint, ID 83864
702 N Florence AVE, Sandpoint, ID 83864
702 N Florence AVE, Sandpoint, ID 83864
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,650,000
Est. payment /mo
Save
Price Dropped by $350K

702 N Florence AVE Sandpoint, ID 83864

42,253 SqFt


UPDATED:

Key Details

Property Type Single Family Home, Commercial

Sub Type Business, Bld & Land

Listing Status Active

Purchase Type For Sale

Square Footage 42,253 sqft

Price per Sqft $62

Subdivision West End

MLS Listing ID 26-2887

Style Single Level

Year Built 1962

Annual Tax Amount $6,558

Tax Year 2025

Lot Size 0.970 Acres

Acres 0.97

Property Sub-Type Business, Bld & Land

Source Coeur d'Alene Multiple Listing Service

Property Description

Turnkey 17-space mobile home park in the heart of Sandpoint, offering immediate stability, full occupancy, and future upside. Owner-operated and meticulously maintained for over 30 years, this is a rare opportunity to acquire a clean, well-run park with a strong track record. The property includes 17 total units, with 9 owned units, and a reliable tenant base of long-term residents. The park is fully occupied, providing consistent in-place income with clear potential for increased returns. Situated on 12 contiguous city lots spanning approximately one acre, this property offers a unique blend of stability today and development potential for the future. Zoned RM (Residential Multi-Family), the site allows for increased density and expansion, giving investors the flexibility to continue operating as-is, improve for increased income, or explore redevelopment over time. Additional features include on-site storage buildings, one equipped with water, sewer, and power--further supporting value-add opportunities.

Attractive seller financing terms are available, creating a compelling opportunity for buyers seeking flexible acquisition options and the ability to enhance overall returns.

Located within an Opportunity Zone, this asset presents potential tax advantages while positioning investors to benefit from continued growth in one of North Idaho's most sought-after markets. Assets combining full occupancy, scale, and redevelopment flexibility in this location are exceptionally rare.

Sandpoint continues to attract investors and residents alike with its proximity to Lake Pend Oreille and Schweitzer Mountain Resort, strong demand for housing, and limited in-town inventory. As population growth and housing demand remain steady, properties like this offer both immediate stability and long-term upside.

Location

State ID

County Bonner

Community West End

Area North (Bonner & Boundary)

Zoning Res Multifamily

Direction Head north on US-95 into Sandpoint, turn left on W Pine St, right on N Florence Ave, left into mobile home park.

Rooms

Basement None

Interior

Interior Features Storage

Heating Electric, See Remarks

Equipment All

Exterior

Exterior Feature Lawn

Fence None

View Territorial, Neighborhood

Roof Type Metal

Building

Lot Description Corner Lot, Level

Foundation Block

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID RPS0500004013AA


Listed by Keller Williams Realty - Sandpoint Branch
Henry Fusaro

Henry Fusaro

Agent | License ID: 57168

+1(208) 818-1998

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

702 N Florence AVE