Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    L4 B1 WAILEA Rd Harrison, ID 83833

    View on Map
    For Sale
    $350,000

    LAND - Harrison, ID

    Lot size:
    1.20 Acres
    Added:
    Mar 20, 2026
    Days on Market:
    13
    Last Refresh:
    Apr 1 at 8:06 pm

    Property Features for L4 B1 WAILEA Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RES
    Standard status
    Active
    APN
    0L0090010040
    Lot size
    1.20 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    GOTHAM BAY ESTATES 1ST ADD, LT 4 BLK 1 1749N03W
    TaxAnnualAmount
    1004

    Utilities

    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Elizabeth S. Anderson
    Elizabeth S. Anderson

    Listing agent Elizabeth S. Anderson License #SP34889

    Listing office Coldwell Banker Schneidmiller Realty 1924 Northwest Blvd, Coeur D'Alene, ID

    Listing date Mar 20, 2026

    MLS# 26-2488

    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.

    Overview

    Harrison, ID Lake Front Lots

    These secondary lake front lots are located in The Preserve at Gotham Bay Estates. The available lots range from one to three acres, offering a natural forest and country living environment. A community water system is included, removing the need and cost of drilling a well. As a conservation subdivision, the area features an abundance of common space, enhancing privacy and supporting local wildlife. The location is approximately 25 minutes from Coeur d' Alene. Builders are available to construct a custom home on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Spa & Massage Center Law Firm Hair Salon Nail Salon Department Store Food Market Storage Facility Bar & Pub Cafe & Coffee Shop Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrison
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.736
    Latitude
    47.5464

    Nearby Similar for Sale

    • $2,300,000
      8,000 SF

      Lakeview Lodge Hotel in Harrison

      Lakeside hotel with 16 rooms in Harrison, Idaho.
      110 N Coeur d'Alene Avenue, Harrison, ID 83833
      View Details
    • $350,000

      Lakeview Land with Boat Slip

      1.29 acre lakeview property with boat slip and RV building.
      2396 E Crows Nest Rd, Harrison, ID 83833
      View Details
    • $350,000

      Lakeview Property with Boat Slip

      1.29 acre lakeview property with boat slip and RV building.
      2396 E Crows Nest Rd, Harrison, ID 83833
      View Details
    • $350,000

      Harrison, ID Acreage with Views

      10 acres with mountain views, ready for a home.
      NKA E CANTON Ln, Harrison, ID 83833
      View Details
    • $899,000
      320 SF

      50 Acres Buildable Land Parcels

      50 acres split into four buildable parcels near Coeur d'Alene.
      6946 E Burma Rd 50Ac, Harrison, ID 83833
      View Details
    • $450,000

      Lake Coeur d'Alene View Acreage

      Acreage with southern Lake Coeur d'Alene views, near CDA.
      0000NKA E Driftwood Heights Dr, Harrison, ID 83833
      View Details
    • $389,000

      North Idaho Land with Creek

      10 acres with lake views, creek, and building sites.
      2252 E Badger Rd, Harrison, ID 83833
      View Details
    • $1,500,000
      3,128 SF

      Historic Home Overlooking Lake Coeur d'Alene

      Versatile 7-bed, 7-bath home with lake views and rental potential.
      114 N COEUR D ALENE Ave, Harrison, ID 83833
      View Details
    • $415,000

      Harrison, ID Land Parcel

      20.02-acre parcel with views, privacy, and state land access.
      6946 E Burma Rd, Harrison, ID 83833
      View Details
    • $125,000

      Harrison Land with Lake Views

      One-acre property with lake views near Harrison amenities.
      E Holiday Rd lot: 21, Harrison, ID 83833
      View Details
    • $400,000

      Harrison, ID Golf Course Lot

      Residential land on the 7th Fairway of Gozzer Ranch.
      48 Jackleg Trail, Harrison, ID 83833
      View Details
    • $999,950

      Harrison ID Land with Views

      16-acre parcel with lake and mountain views near Coeur d'Alene.
      S Skyview Rd lot: 1, Harrison, ID 83833
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Lake front lots with community water system near Coeur d'Alene.
    Where is this residential land & home lot located?
    The property is located at L4 B1 WAILEA Rd Harrison, ID.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Lake Front Lots: Secondary lake front lots in The Preserve at Gotham Bay Estates.; Large Lot Sizes: **One to three acre lots available.**; Community Water System: Eliminates the expense and hassle of drilling a well.
    (208) 755-8388
    We can help!
    Listing Contact
    Elizabeth S. Anderson
    Elizabeth S. Anderson
    Real Estate License ID: SP34889
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!