16827 E Pier Rd, Bayview, ID 83803

$799,000 Asking Price

5 beds
4 baths
1,656  sqft
Built in 1992

Calling all investors in search of established income-producing opportunities! This centrally-located Bayview property with a magnificent water view is a thriving vacation rental with approved hotel zoning! Each unit has its own entrance--the lower level larger studio Unit #2 offers a generous kitchenette with a peninsula breakfast bar, a 3/4 bath, and shares a wall with an adjoining door to studio Unit #1, also with a 3/4 bath and a small eating area with a mini fridge and microwave. On the opposite side of the building is the entrance to the spacious upper level Unit #3, which boasts three bedrooms, a full bath, a 3/4 bath and laundry combo, a full kitchen with an island breakfast bar, and an open living room with wall-to-wall windows and a walk-out to the new deck overlooking Lake Pend Oreille's Scenic Bay. The 0.35-acre lot provides ample parking, includes a shed for maintenance equipment, and is just a block or two from Captain's Wheel Restaurant and Bitter End Marina! This is an incredible chance to assume existing bookings for guaranteed passive income!

Features & Amenities

Interior

General:
Dryer Hookup - Elec, High Speed Internet, Washer Hookup
Appliances:
Electric Water Heater, Washer, Refrigerator, Range/Oven - Elec, Microwave, Dryer, Electric, Dishwasher
Basement:
None, Slab on grade
Flooring:
Laminate
Heating:
true, Cadet, Electric

Exterior

General:
Covered Patio, Covered Porch, Lighting, Open Deck, Rain Gutters, RV Parking - Open, Spa/Hot Tub, See Remarks, See Remarks, Shed(s)

Construction

Roofing:
Composition
General:
Lap Siding, Frame, Concrete Perimeter

Location

Road/Access:
Paved
Originating MLS:
Coeur d'Alene Multiple Listing Service
School District:
Lakeland - 272
County:
Kootenai

Lot

Zoning:
County-COM, TX #5455 & PTN TX #5456 EX TX # 14560 34 54N 02W, B00000341500
View:
Mountain(s), Territorial, Lake, Neighborhood, View

Utilities

Water:
Community System
Sewer:
Community System

Financial

Source:
Coeur d'Alene Multiple Listing Service

This listing courtesy of:
Keller Williams Realty Coeur d'Alene

About Bayview, ID

Housing

Number of Units
684
Median Home Value
$299,791
Median Rent
$729

24.95% of housing units are renter occupied.

29.07% are vacant.

Commute

Car
50.42%
Public Transportation
1.80%
Walk to Work
2.34%
Work from Home
44.94%
Other
0.50%

The median travel time to work is 18 minutes.

People

Population
1,030
Median Age
53.20
Median Household Size
2.49

Education

High School
31.20%
Associate’s Degree
7.49%
Bachelor’s Degree
19.04%
Graduate Degree
5.21%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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