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23160 S Madrona LoopWorley, ID 83876Price: $439,990

  • Price: $439,990
  • Est. Mortgage of $/month
  • 11 Days on Market
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$
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$/month over payments
Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $439,990List Price
  • 3Bedrooms
  • 2Bathrooms
  • 0.39Acreage
  • 1,608Square Feet

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Listed by Jeremy Specials of EXP Realty

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Cash flow on Lake Coeur d'Alene. BNBCalc rates this property A for short-term rental -- $71,656 projected annual revenue, 58% occupancy, $338 average nightly. 19.3% cash-on-cash. 11.1% cap rate. HOA-approved STR. Boat slip on Cave Bay included. This is the lake property that pays for itself. Wrap-around deck with a pergola, panoramic mountain and water views, your own slip on a private community marina, members-only sandy beach, private boat launch, community park -- all about 2 minutes from the front door. HOA covers community water, sewer, and snow removal. Owner has invested $30,000+ since 2017 -- new deck, new gutters, updated flooring, remodeled bathroom, washer/dryer, appliances, septic pump. Heat pump and central air. Propane backup stove keeps the house warm when the grid doesn't cooperate. Metal roof. 1-car garage. High-speed internet. All appliances included. Independent appraisal on file from May 2026 -- full report available to qualified buyers. Top 9% of comparable Cave Bay area units on occupancy. 7 min to Coeur d'Alene Casino & Resort. 30 min to downtown CDA. 55 min to Spokane International -- non-stop to LA, SF, Denver, Seattle. 1979 HUD-compliant double-wide. Cash, conventional, portfolio, and DSCR financing welcome. Schedule a private showing. Second-home buyer who wants a boat slip and a property that pays its own way? This is the file. Schedule a private showing. Relocating to North Idaho? Lake CDA address, Spokane airport 55 min, no state income tax. Schedule a private showing.

Property Details of 23160 S Madrona Loop

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Based on information submitted to Coeur d'Alene MLS as of June 8, 2026 5:37 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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