88 Upper Powerline Rd, Coolin, ID 83821 - Bonner County

Gorgeous sunset views on popular Cape Horn! Just steps to your 204' sandy beach and dock. Enjoy all that Priest Lake has to offer in this classic 3Bed/1Bath Priest Lake waterfront cabin on an extra large IDL leased lot (1.41 acres) The large deck showcases the views north, west and south. Propane fireplace stove and electric heat for the chilly nights. Dock with handrailed approach ramp. Remodeled in 2001. Great location near Indian Creek Boat launch & store. The $199K purchase price is for the CABIN ONLY. TOTAL COST to buy the property (Cabin AND Lot) is approx. $1.5 Million. The current state lease for the lot runs through the end of 2024 and there is an option to buy the lot in Fall of '25. The lot is appraised at 1,298,000 by the state of Idaho. New owners can assume a 5-year lease. Annual lease rate for 2025 is $51,920. Cash offers only.