Investment opportunity! Discover this freshly excavated .49-acre lot in the heart of Kootenai, Idaho. These three city lots, which can also be consolidated into one parcel, offer a fantastic opportunity to build your dream home and a workshop on this expansive, level land bathed in southern sunlight. This property provides the flexibility to construct a main residence along with an Accessory Dwelling Unit (ADU), making it an ideal option for investors or those seeking additional rental income. Additionally, one of the lots features a frost-free functioning water faucet, and the availability of electricity, high-speed internet, and city sewer connections ensures modern convenience. The nearby elementary school and proximity to the bustling city of Ponderay, with its array of shopping and dining options, make this location a prime choice for families and individuals alike. Furthermore, outdoor enthusiasts will find themselves surrounded by an abundance of activities, including fishing, hiking, skiing, and boating, all within a half-hour drive.
With the recent growth boom in the Sandpoint area, there are very few remaining undeveloped parcels of commercial/industrial land. And this strategic location on Highway 200 is one of the highest traffic counts in the area. The site features outstanding visibility with 856 feet of Highway 200 frontage, and all-turns direct access. Municipal sewer and water, natural gas and three-phase electric power are at the property. The zoning permits a wide range of commercial and industrial uses and the 4.88 acres allows for maximizing density and efficient foot printing of buildings. This site has incredible potential for the owner-user and the investor, there's simply not enough commercial land left to service this wonderful community.
The median home value in Kootenai, ID is $415,800. This is lower than the county median home value of $527,300. The national median home value is $338,100. The average price of homes sold in Kootenai, ID is $415,800. Approximately 72.44% of Kootenai homes are owned, compared to 18.22% rented, while 9.33% are vacant. Kootenai real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kootenai real estate agent to arrange a tour today!
Kootenai, Idaho has a population of 1,195. Kootenai is more family-centric than the surrounding county with 33.58% of the households containing married families with children. The county average for households married with children is 25.5%.
The median household income in Kootenai, Idaho is $69,032. The median household income for the surrounding county is $55,206 compared to the national median of $69,021. The median age of people living in Kootenai is 34.3 years.
The average high temperature in July is 81.6 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 30.6 inches per year, with 60.7 inches of snow per year.