Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Hope, ID Land with Views Title is generated by Realmo AI

    260 Highland Ave, Hope, ID 83836

    View on Map
    Claim this Listing
    For Sale
    $89,000

    LAND - Hope, ID

    Lot size:
    0.96 Acres
    Added:
    Jul 5, 2025
    Days on Market:
    323
    Last Refresh:
    May 23 at 11:06 am

    Property Features for 260 Highland Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Res
    Standard status
    Active
    APN
    RPH0189002023BA
    Lot size
    0.96 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    34-57N-1E HOPE BLK 2 LOTS 23,24,25,26,27,28
    Tax Annual Amount
    724

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Desiree Staples
    Desiree Staples

    Listing agent Desiree Staples License #AB47489

    Listing office Tomlinson Sotheby's International Realty (Idaho) 223 E Sherman Ave, Coeur d'Alene, ID

    Listing date Jul 5, 2025

    MLS# 25-7004 Listing URL

    Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Breathtaking panoramic lake and mountain views
    • Just under an acre of land
    • Easy access to the lake via nearby boat ramp or marina
    • Potential for building a home or developing multiple properties
    • Public water and sewer services available
    • Located in the city of Hope

    Overview

    This parcel, located in Hope, Idaho, offers potential for development. The property, which is just under an acre, features panoramic lake and mountain views. Lake access is available via a boat ramp or marina located nearby. The location and amenities offer potential for living or investment. The property is zoned for residential use, making it suitable for building a home or developing multiple properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Hotel & Motel Department Store Travel Agency Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hope
    County
    Bonner
    State
    Idaho
    Longitude
    -116.313443
    Latitude
    48.251165

    Nearby Similar for Sale

    • $399,000

      Hope, ID Lakeview Land Parcel

      1.5+ acre parcel with lake views and community amenities.
      NNA E David Thompson Rd, Hope, ID 83836
      View Details
    • $549,000

      Hope, ID Estate Lot

      1.04-acre estate lot with lake and mountain views.
      NNA Peninsula (Blk 2 Lot 7 Alyssa) Rd, Hope, ID 83836
      View Details
    • $399,000

      Homesite in Hope, Idaho

      Half-acre corner lot ready for your dream home with stunning views.
      NKA Deerhaven, Hope, ID 83836
      View Details
    • $145,000

      Lake View Acreage Near Sandpoint

      1+ acre lot with lake views, close to Sandpoint.
      150 Castle Crest, Hope, ID 83836
      View Details
    • $950,000

      Lake Pend Oreille Waterfront Land

      Waterfront lot with cove and harbor on Lake Pend Oreille.
      Mill Harbor Lane lot: 4, Hope, ID 83836
      View Details
    • $925,000

      Lake Pend Oreille Waterfront Land

      Waterfront lot with cove and harbor on Lake Pend Oreille.
      Mill Harbor Lane lot: 3, Hope, ID 83836
      View Details
    • $995,000

      Lake Pend Oreille Waterfront Land

      Exceptional level lot with 103 feet of Lake frontage.
      Mill Harbor Lane lot: 2, Hope, ID 83836
      View Details
    • $1,050,000

      Hope, ID Land with Views

      Exclusive estate property with panoramic lake views in Hope, ID.
      NNA Green Monarch Lane, Hope, ID 83836
      View Details
    • $1,190,000

      Lake Pend Oreille Waterfront Land

      Exceptional level lot with 375 feet of lake frontage.
      Mill Harbor Lane lot: 1, Hope, ID 83836
      View Details
    • $260,000

      Hope, ID Land with Views

      5-acre parcel with lake views and building site.
      NKA Enchanted Forest (Lot 3) Ln, Hope, ID 83836
      View Details
    • $375,000

      Hope, ID Land Parcel

      10+ acre land parcel with timber and seasonal creek.
      NNA Bottle Brand Rd, Hope, ID 83836
      View Details
    • $385,000

      Hope, ID Land with Views

      5.17 acre parcel with mountain and river views.
      Highway 200 lot: E, Hope, ID 83836
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land parcel in Hope, ID with lake and mountain views.
    Where is this residential land & home lot located?
    The property is located at 260 Highland Ave Hope, ID.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: Breathtaking panoramic lake and mountain views; Just under an acre of land; Easy access to the lake via nearby boat ramp or marina
    (208) 290-8303
    We can help!
    Listing Contact
    Desiree Staples
    Desiree Staples
    Real Estate License ID: AB47489
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    260 Highland Ave, Hope, ID 83836
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!