Waterfront cabin in Idaho! Beautiful water and views! Would make a great vacation spot. The cabin was built in 1955. It is located on 1.20 acres in Coolin, Idaho. The cabin is on leased land. So the acreage belongs to the state of Idaho. There is an option to buy the lot which is appraised at $510,000. The cabin features a covered porch, hardwood floors and a loft area. There is a dock on the property. The cabin is situated on Priest Lake. One bedroom, one bathroom and 768 square feet. $349,000 New price: $249,000.
Contact Steve Mumm with Century 21: 509-939-1479
From the Zillow listing:
$50K PRICE REDUCTION! Charming Waterfront cabin on Priest Lake! Gorgeous sunset views and just steps to 150 feet of beach and dock. 2 decks to relax on while enjoying a lake paradise with friends and family. Large 1+ acre lot for privacy galore! 1 bedroom and 1 bath, with a loft that sleeps 7! Updated in 2000 and great VRBO history. The $349K Price is for the Cabin ONLY. It’s on a lot leased from the state of Idaho. The current state lease for the lot runs through the end of 2024 with an annual payment of $22,216 and the option to buy the lot at the auction in September of ’24. The lot is appraised for 510,000 by the state of Idaho. New owners have the option to extend the lease 5, 10, or 15 years. An extremely rare Priest Lake Waterfront Home! Cash offers only.
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