71 Freeman Ln, Hope, ID


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Square feet



About 71 Freeman Ln

ATTENTION INVESTORS: Long or short-term rental opportunity. 5 homes on 5 acres. Minutes from Sandpoint, ID, Schweitzer Mtn Ski Resort, and The Idaho Club Golf Course. Located off SH-200 in Hope Idaho, in the heart of the Trestle Creek Recreational Area. Public beach and boat launch across the street. Up the road is National Forest. With the extensive summer and winter recreation, this would make a great vacation retreat, boutique bed and breakfast or private rental community. Main home is 3168 sq ft |4 bed, 4.5 bath w/ensuite baths off all 4 rooms. 3 single family homes are 1260 sq ft each |3 bed, 2 baths. The cabin is 672 sq ft |2 bed, 1 bath. This is an extremely rare opportunity to achieve economy of scale with 5 rentals on one property with the flexibility of Recreational Zoning. Currently being used as transitional housing & run by a non-profit with rent calculated as a % of income. Open market rents are substantially higher. Short term rental pro-forma is a 7.2 cap rate.

Features of 71 Freeman Ln

MLS® # 23-7357
Price $2,500,000
Bathrooms 0.00
Square Footage 3,168
Acres 5.61
Year Built 2002
Type Commercial Sale
Sub-Type Mixed Use
Style Multi Level
Status Active

Community Information

Address 71 Freeman Ln
Area North (Bonner & Boundary)
City Hope
County Bonner
State ID
Zip Code 83836


View Mountain(s), Neighborhood
Is Waterfront No
Has Pool No


Heating Electric, Propane, Forced Air, Baseboard, Fireplace(s), Furnace
Fireplace No
Has Basement No
Basement None


Exterior Features Lawn
Lot Description Level, Open Lot, Wooded, Cul-De-Sac
Roof Metal
Foundation Concrete Perimeter

Additional Information

Zoning Recreation
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTomlinson Sotheby's International Realty (Idaho)

Listing Map

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