Major price drop — now $824,999, seller is motivated, and this one is priced to move. Five bedrooms across two separate, fully self-contained homes on 4.43 private wooded acres in Cougar Gulch, one of West Coeur d'Alene's most sought-after rural corridors — no HOA, no CC&Rs. A freshly renovated 1,824 sq ft, 4-bedroom main home paired with a standalone 990 sq ft guest house with its own kitchen, full bath, and dedicated office. Ideal for house-hacking, short-term rental income, or multi-generational living. At $824,999 — $201,001 below the county's assessed value of $1,026,000 — this setup is sharpened to sell fast. Bring your offer.
List Price
$824,999
Two homes · 4.43 acres
County Assessed
$1,026,000
Kootenai County 2026 assessment
Priced Below Assessed
$201,001
List price vs. county value
$824,999
List Price
5
Bedrooms
3.5
Bathrooms
2,814
Total Sq Ft
1,824
Main Home Sq Ft
990
Guest House Sq Ft
310
Loft Sq Ft
4.43
Acres
2-Car
Garage
$3,200
Annual Taxes
No HOA
HOA Fees
1031 ✓
Exchange OK
Virtual Walkthrough
Walk the Property Right Now
Don't wait for a showing to get a feel for the layout. Take a full 360° walkthrough of both homes — on your phone, tablet, or desktop. No appointment needed.
The main home just came through a full renovation — over $55,000 invested in new sheetrock, stairs, and upstairs LVP flooring, a refreshed kitchen with the original solid cabinets preserved, a converted 4th bedroom, an updated water system with new pressure tank, a remodeled downstairs bathroom, fresh paint, and new lighting throughout. Move-in ready, no projects waiting.
Kitchen — Refreshed, Original Cabinets Preserved
Great Room — Vaulted, New LVP, Deck Access
Dining — Open to Kitchen
Downstairs Bath — Fully Remodeled
4th Bedroom — Converted from Former Bar
Primary Bedroom — Walk-In + Ensuite Access
The Transformation
Before & After
An over-$55,000 renovation brought the main home current — new sheetrock, stairs, upstairs LVP flooring, a reworked kitchen (original cabinets preserved), a converted 4th bedroom, updated water system, and refreshed lighting. Slide through a few of the highlights.
BEFORE
AFTER
Kitchen — Refreshed, Original Cabinets Preserved
BEFORE
AFTER
Main Living — New LVP Flooring
BEFORE
AFTER
Primary Bedroom — Renovated
BEFORE
AFTER
Former Bar — Converted to 4th Bedroom
BEFORE
AFTER
Laundry / Utility — Fully Built Out
BEFORE
AFTER
Staircase — Rebuilt & Finished
The Opportunity
Built for the Way Families Actually Live
Two fully separate living spaces on one private parcel. Whether you're housing family, generating income, or building your own North Idaho compound — this property checks boxes most listings simply can't.
🏡
Multi-Generational Living
Keep family close without sacrificing privacy. Two complete living spaces with natural separation — ideal for aging parents, adult children, or blended households.
💰
Airbnb / STR Income
Run both homes as short-term rentals, or live in one and Airbnb the other. Third-party STR comparables project up to ~$132,789/year in gross revenue here — two separate, rentable units on one parcel is rare in this market.
🏔️
Private Compound
4.43 wooded acres, mountain views, no HOA. A rare combination this close to downtown CDA — space and privacy without sacrificing convenience.
🔨
Build Equity
Priced with upside relative to stabilized comps. Architectural and engineering plans already completed for kitchen and stair reconfiguration — the homework is done.
📈 Projected Short-Term Rental Performance
$132,789
Projected Annual Revenue
53%
Occupancy · Top 16% of Comps
$686
Avg Nightly Rate · Top 9%
19.3%
Projected Cash-on-Cash Return
Estimates based on third-party short-term-rental comparables for this market — projections only, not a guarantee of income. Short-term rental use is subject to Kootenai County regulations; buyer to verify permitting.
Guest House Interior
The Second Home — Move-In Ready
The 990 sq ft guest house (built 2006) is the multi-gen and STR anchor of this property. Separate entry, its own kitchen, bedroom, full bathroom, office/den space, and a 310 sq ft loft above the garage — fully independent living.
Living Room
Kitchen
Bedroom
Bonus Space
The Loft — 310 Sq Ft Unfinished
Above the garage in the guest house. 13'3" × 26'4" — a blank canvas for a future bedroom, studio, home office, or extra storage. The structural footprint is already there.
Loft — 310 Sq Ft, Above Garage
Layout
Floor Plans
Full layout of both homes across all levels. Click tabs to switch between views.
Left: Guest House (990 sq ft) · Right: Main House main level. Guest house includes kitchen, 1 bed, 1 bath, office/den, living room, and loft access.
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