Description
Presenting a rare opportunity to acquire 2 stunning, contemporary new construction waterfront homes side-by-side on the pristine shores of Garfield Bay on North Idaho's famous Lake Pend Oreille. This incredible package offers unparalleled flexibility for investors: operate both as a high-income short-term rental estate, live in one and rent the other, or create the ultimate vacation retreat. With 2 private waterfront lots totaling .80 acres and 380 feet of level, low-bank shoreline, this is a generational investment opportunity with immediate turn-key luxury and great income potential! With mesmerizing panoramic mountain views of the Green Monarch Range, private swimming cove, and immediate access to world-class recreation. Both properties offer ample off-street parking for boat trailers, RVs, and guests. The 1st home, located at 1770 Garfield Bay Rd, sits on a .45-acre lot with 240 feet of private shoreline with a deep-water dock constructed with steel pilings and an attached breakwater, located just 40 feet from the patio. This 1,900 sqft home is designed for entertaining and features 3 ensuite bedrooms, 3.5 bathrooms, a family game room, and a flex space off the primary suite. The artisan kitchen boasts a professional gas range and custom Sapele hardwood cabinetry, while the living room offers a cozy gas fireplace. A finished two-car garage features drive-through access for easy storage of lake toys or future conversion to a covered lakeside lounge. The 2nd home, located at 1808 Garfield Bay Rd, is perched right on the water's edge on a .35-acre lot with 140 feet of frontage and an approved dock permit already in place. This thoughtfully designed 1,424 sqft home offers 2 ensuite bedrooms plus a versatile loft ideal as an office, bunk room, or studio. The efficient galley kitchen features a professional gas range, while the primary bathroom boasts heated floors. Custom cabinetry throughout was handcrafted from beautiful Sapele hardwood by an award-winning furniture builder. Both homes were built to the highest standards of energy efficiency and low-maintenance luxury. Each features a hybrid HVAC system combining forced air heating and air conditioning with ductless units for year-round comfort and low energy costs. Euroline windows and Smart Slide glass doors are installed throughout, and both properties feature Taylor Metal roofs with Kynar finish and transferable 50-year warranties. Durable, premium siding and cedar fascia complete the exteriors, ensuring these homes will remain beautiful for decades with minimal upkeep. From your doorstep, you can walk to Garfield Bay Marina, the State Park boat launch, The "Captn's Table" restaurant and bar, and Odies General Store and ice cream shop. Thousands of acres of USFS land are nearby for mountain biking and hiking. The properties are just a 25-minute drive to downtown Sandpoint, 45 minutes to Schweitzer Mountain Ski Resort, and 90 minutes to Spokane International Airport. Don't miss this incredible, rare opportunity to own a legacy waterfront asset with unparalleled income potential on Lake Pend Oreille.
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5BEDS
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0.8ACRES
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5BATHS
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11/2 BATHS
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3,325SQFT
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$1,744$/SQFT
Description
Presenting a rare opportunity to acquire 2 stunning, contemporary new construction waterfront homes side-by-side on the pristine shores of Garfield Bay on North Idaho's famous Lake Pend Oreille. This incredible package offers unparalleled flexibility for investors: operate both as a high-income short-term rental estate, live in one and rent the other, or create the ultimate vacation retreat. With 2 private waterfront lots totaling .80 acres and 380 feet of level, low-bank shoreline, this is a generational investment opportunity with immediate turn-key luxury and great income potential! With mesmerizing panoramic mountain views of the Green Monarch Range, private swimming cove, and immediate access to world-class recreation. Both properties offer ample off-street parking for boat trailers, RVs, and guests. The 1st home, located at 1770 Garfield Bay Rd, sits on a .45-acre lot with 240 feet of private shoreline with a deep-water dock constructed with steel pilings and an attached breakwater, located just 40 feet from the patio. This 1,900 sqft home is designed for entertaining and features 3 ensuite bedrooms, 3.5 bathrooms, a family game room, and a flex space off the primary suite. The artisan kitchen boasts a professional gas range and custom Sapele hardwood cabinetry, while the living room offers a cozy gas fireplace. A finished two-car garage features drive-through access for easy storage of lake toys or future conversion to a covered lakeside lounge. The 2nd home, located at 1808 Garfield Bay Rd, is perched right on the water's edge on a .35-acre lot with 140 feet of frontage and an approved dock permit already in place. This thoughtfully designed 1,424 sqft home offers 2 ensuite bedrooms plus a versatile loft ideal as an office, bunk room, or studio. The efficient galley kitchen features a professional gas range, while the primary bathroom boasts heated floors. Custom cabinetry throughout was handcrafted from beautiful Sapele hardwood by an award-winning furniture builder. Both homes were built to the highest standards of energy efficiency and low-maintenance luxury. Each features a hybrid HVAC system combining forced air heating and air conditioning with ductless units for year-round comfort and low energy costs. Euroline windows and Smart Slide glass doors are installed throughout, and both properties feature Taylor Metal roofs with Kynar finish and transferable 50-year warranties. Durable, premium siding and cedar fascia complete the exteriors, ensuring these homes will remain beautiful for decades with minimal upkeep. From your doorstep, you can walk to Garfield Bay Marina, the State Park boat launch, The "Captn's Table" restaurant and bar, and Odies General Store and ice cream shop. Thousands of acres of USFS land are nearby for mountain biking and hiking. The properties are just a 25-minute drive to downtown Sandpoint, 45 minutes to Schweitzer Mountain Ski Resort, and 90 minutes to Spokane International Airport. Don't miss this incredible, rare opportunity to own a legacy waterfront asset with unparalleled income potential on Lake Pend Oreille.
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