Waterfront in Sandpoint and North Idaho on Lake Pend Oreille

Having just closed on 333 Derr Island - a beautiful waterfront home on Derr Island at the mouth of the Clark Fork River and Lake Pend Oreille - I can truthfully say that there are hardly any other agents in North Idaho that have had more success in 2009 selling waterfront than I have had. My waterfront sales have included Bryce closed at $749,000, which had an asking price of $719,000. I also have sold Raptorview for $50,000 over asking price, and got a fantastic water view parcel for another young couple just a month ago for over $200,000 less than just two years ago, and for half of what is being asked for a similar lot in the same development.

Another area that I have excelled in is in finding waterfront listings priced well below the rest of the market. For instance, Derr Island was the best priced actual boatable waterfront in Bonner County. Priced at $499,900, it sold for full price, and had a private airfield as part of the deal. Just yesterday I listed 200' of waterfront on the Pend Oreille River for lower than any other lot: $175,000. This 2.5 acres has an old manufactured on it, but the mobile is given no value. This lot is $75,000+ lower than the competition. Why priced so low. The competition isn't selling at their higher prices. I will also be listing another secondary waterfront home on Comeback Bay for under $300,000. My own vacation home on the Hope Peninsula, with its own dock and secondary waterfront, is also priced below $300,000. This means I have easily cornered the best priced waterfront properties in the county.

Is waterfront selling? Not as well as in recent years. But I am selling waterfront. What is my secret? I show up for work every day, and am the king of websites in North Idaho. Want to know more about my web presence? Read the next blog article.

Gary Lirette, REALTOR® & host of the Tuesday noon local radio shows North Idaho Business as well as North Idaho Arts.

E-mail Gary or call 208-610-1384
Read Gary's Blog
For more detailed local info & real estate

Tomlinson Sandpoint Sotheby's International Realty

200 Main Street
Sandpoint, Idaho

208-255-3474