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

    NNA N Terrace Dr Bayview, ID 83803

    View on Map
    For Sale
    $240,000

    LAND - Bayview, ID

    Lot size:
    1.11 Acres
    Added:
    Mar 11, 2026
    Days on Market:
    24
    Last Refresh:
    Apr 3 at 6:06 pm

    Property Features for NNA N Terrace Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RESIDENTIAL
    Exterior features
    Timber - Part
    Standard status
    Active
    APN
    05900001015A
    Lot size
    1.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Tax#27486 [In Lts 15,16 & Ptn Gl1], Pend O Reille Terrace, S36 T54N R2W
    Tax Annual Amount
    938

    We can help!

    Listing Contact
    Doug Landwehr

    Listing agent Doug Landwehr License #SP22866

    Listing office Kelly Right Real Estate 13403 N Government Way, Spokane, ID

    Listing date Mar 11, 2026

    MLS# 26-2223

    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

    Cape Horn Lakeview Building Lot

    This 1.11-acre building lot is located in the Cape Horn area and offers filtered views of Lake Pend Oreille. The property provides flexibility for building, with a lower flat area for easy access or a granite outcropping for elevated panoramic lake views and privacy. It is situated in an area of homes with a friendly atmosphere and a well-maintained private road. State land is nearby, providing access for hiking. The property is located minutes from Bayview, Farragut State Park, and Silverwood Theme Park, and is located halfway between Coeur d'Alene and Sandpoint.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Bayview
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.514422
    Latitude
    47.984539

    Nearby Similar for Sale

    • $515,000

      Lakefront Lot in Bayview, Idaho

      Lakefront lot with 159 feet of frontage on Lake Pend Oreille.
      18958 E Scenic Bay Drive, Bayview, ID 83803
      View Details
    • $200,000

      Lake View Homesite in Bayview

      Build-ready homesite with lake views and waterfront access.
      574 Glacier Loop, Bayview, ID 83803
      View Details
    • $250,000

      Bayview Buildable Lot with Views

      0.57 acre lot with filtered lake views in Bayview.
      L21 & L22 N TERRACE Dr, Bayview, ID 83803
      View Details
    • $250,000

      Buildable Lot with Lake Views

      0.55 acre lot with filtered lake views in Bayview, ID.
      L19 & L20 N TERRACE Dr, Bayview, ID 83803
      View Details
    • $225,000

      Bayview, ID Homesite with Views

      Private homesite with lake views in Bayview, Idaho.
      20540 E London Ct, Bayview, ID 83803
      View Details
    • $79,900

      Recreational Land in Bayview, Idaho

      0.34-acre recreational lot with utilities near US Forest Service.
      Lots 35 & 36 Dolly Vardon, Bayview, ID 83803
      View Details
    • $175,000

      Secluded Land with Lake Views

      Secluded property with lake views, power on site, ready to build.
      NKA Stubs St, Bayview, ID 83803
      View Details
    • $49,500

      Scenic Lot Near Public Beach

      Over half-acre lot near beach, perfect for recreation.
      BLK 3 LOT 8 UNIT 1, Bayview, ID 83803
      View Details
    • $99,500

      Granite Creek Land with Utilities

      Desirable lots with well, power, and included structures.
      Lots 32 & 33 Kamloop, Bayview, ID 83803
      View Details
    • $725,000

      Expansive Land Parcel with Lake Views

      37.5-acre parcel with panoramic lake views near Bayview, Idaho.
      1140 Salee Creek Rd, Bayview, ID 83803
      View Details
    • $698,000

      Land For Sale Bayview, ID

      Land available for purchase in Bayview, Idaho.
      461/463 Glacier Loop, Bayview, ID 83803
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1+ acre lot with filtered lake views in Cape Horn.
    Where is this residential land & home lot located?
    The property is located at NNA N Terrace Dr Bayview, ID.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: Stunning filtered views of Lake Pend Oreille.; 1+ acre building lot in the desirable Cape Horn area.; Flexible building options: flat area for easy access or elevated granite outcropping for panoramic views and privacy.
    (208) 660-4378
    We can help!
    Listing Contact
    Doug Landwehr
    Real Estate License ID: SP22866
    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!