23160 S Madrona LOOP, Worley, ID 83876
23160 S Madrona LOOP, Worley, ID 83876
23160 S Madrona LOOP, Worley, ID 83876
23160 S Madrona LOOP, Worley, ID 83876
23160 S Madrona LOOP, Worley, ID 83876
23160 S Madrona LOOP, Worley, ID 83876
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$429,999

$429,999

Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

1,608 SqFt


SOLD DATE : 07/21/2026

Key Details

Sold Price $429,999

Property Type Manufactured Home

Sub Type Manufactured < 2 Acres

Listing Status Sold

Purchase Type For Sale

Square Footage 1,608 sqft

Price per Sqft $267

Subdivision Carrolls Cave Bay

MLS Listing ID 26-2938

Sold Date 07/21/26

Style Manufactured Double Wide

Bedrooms 3

HOA Y/N Yes

Year Built 1979

Annual Tax Amount $1,174

Tax Year 2025

Lot Size 0.390 Acres

Acres 0.39

Property Sub-Type Manufactured < 2 Acres

Source Coeur d'Alene Multiple Listing Service

Property Description

On the 4th of July, the fireworks reflect off Lake Coeur d'Alene from this deck. That moment
doesn't make the brochure -- but it's why the next owner is going to find this listing.
Cave Bay on Lake Coeur d'Alene. Wrap-around deck with a pergola. Your own boat slip about 2
minutes from the front door. Members-only sandy beach, private boat launch, community park
-- all walking distance. HOA covers community water, sewer, and snow removal, so winter
belongs to someone else.
Independent appraisal on file at $430,000 (May 2026). Recent home inspection complete. Now
listed BELOW APPRAISED VALUE at $429,999. Most furniture included -- walk in, drop the bags,
pour a drink. 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. Metal roof. 1-car garage.
High-speed internet. All appliances included.
For the buyer rental. BNBCalc A-rated. $71,656 projected annual revenue. 19.3% cash-on-cash. 11.1% cap rate. Top 9% of comparable Cave Bay 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.

Location

State ID

County Kootenai

Community Carrolls Cave Bay

Area 14 - Benewah

Zoning Residential

Direction Worley to Cave Bay rd to Madrona Loop

Rooms

Basement Crawl Space

Main Level Bedrooms 3

Interior

Interior Features Fireplace, High Speed Internet, Smart Thermostat, Washer Hookup

Heating Electric, Propane, Forced Air, Heat Pump, Propane Stove

Cooling Central Air

Fireplaces Type Gas

Fireplace Yes

Exterior

Exterior Feature Boat Slip, Dock, Open Deck, Rain Gutters

Parking Features Att Garage

Garage Description 1 Car

Fence None

View Mountain(s), Territorial, Lake

Roof Type Metal

Attached Garage Yes

Building

Lot Description Steep Slope, Sloped, CDA Reservation

Foundation Block

Sewer Septic Tank, Community System, Lift Station, Lagoon

Water Community System, Shared Well, Transfer Fee

New Construction No

Schools

School District Plummer/Worley - 44

Others

Tax ID 012010010040

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Listed by EXP Realty
Bought with Non-MLS Office

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