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    Historic Home Overlooking Lake Coeur d'Alene Title is generated by Realmo AI

    114 N COEUR D ALENE Ave, Harrison, ID 83833

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    For Sale
    $1,500,000

    MULTI_FAMILY - Harrison, ID

    Property size:
    3,128 SF
    Lot size:
    0.27 Acres
    Price / SF:
    $479/SF
    Added:
    Dec 15, 2025
    Days on Market:
    151
    Last Refresh:
    May 15 at 11:06 pm

    Property Features for 114 N COEUR D ALENE Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R8
    Bedrooms
    7
    Rooms
    Bathroom 6, Bedroom 5, Bathroom 1, Bedroom 4, Bathroom 5, Bedroom 2, Bathroom 2, Basement, Bedroom 6, Bedroom 7, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 3
    Patio and Porch features
    Patio, Porch, Deck
    Interior features
    Jetted Tub, Tile/Stone Flooring
    Basement
    Walk-Out Access
    Standard status
    Active
    APN
    Y1900001002A
    Size
    3,128 SF
    Lot size
    0.27 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    CRANES PARK ADD TO HARRISON, LTS 2, 3 BLK 1 EX RW 0147N04W
    Tax Annual Amount
    3705

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating), Pellet Stove, Forced Air, Other (Heating), Heat Pump (Heating)
    Cooling system
    Wall Unit(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1918
    Number of units
    7
    Building materials
    Cedar, Fiber Cement, Frame
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Ricky Souza

    Listing agent Ricky Souza License #SP45262

    Listing office Z Jones and Associates Coeur d'Alene, ID

    Listing date Dec 15, 2025

    MLS# 25-11525 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

    • Stunning Lake Coeur d'Alene views and prime location, steps from the Trail of the Coeur d'Alenes, beach, and marina docks.
    • Versatile property with a 7‑bed, 7‑bath main house, a fully finished apartment, an almost‑completed loft apartment, and an unfinished studio cabin, offering multiple living options and rental income potential.
    • Over 3,000 sq ft of refreshed living space in the iconic Corskie House, a well‑known destination for travelers.
    • Ideal for a guest‑house style operation or multi‑generational living.
    • Amenities include a 2‑car garage with a workshop, pool room and guest mini bar, and level grounds.
    • Turnkey property with historic character and modern updates.

    Overview

    This property, known as the Corskie House, offers over 3,000 sq ft of refreshed living space and overlooks Lake Coeur d'Alene. Situated in Harrison, it is near the Trail of the Coeur d'Alenes. The property is suitable for a guest-house style operation or multi-generational living. It features a fully finished apartment, an almost-completed loft apartment, and an unfinished studio cabin. The property includes a 2-car garage with a workshop, a pool room, and a guest mini bar. The grounds are level, and the location provides proximity to the trail, beach, and marina docks. The property has 7 beds and 7 baths and sits on a 0.27-acre lot. The property size is 3128 square feet. The zoning is R8.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    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.

    Similar Places Nearby

    • Osprey Inn B & B — 134 N, 134 Frederick Ave, Harrison, ID 83833
    • The Corskie House - open for business — 114 N Coeur d'Alene Ave, Harrison, ID 83833
    • Greybull Lodge — 1890 E Flying Eagle Rd, Harrison, ID 83833
    • The Harrison Hideaway — 251 Garfield Ave, Harrison, ID 83833

    Location Insight

    • Map
    • Local Demand
    City
    Harrison
    County
    Kootenai
    State
    Idaho
    Longitude
    -116.785414
    Latitude
    47.455592

    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
    • $1,500,000
      3,128 SF

      Historic Home Overlooking Lake Coeur

      Versatile 5-bed, 6-bath home with stunning lake views.
      114 N Coeur d Alene Ave, Harrison, ID 83833
      View Details

    FAQs

    What type of property is this?
    Bed & breakfast - Versatile 7-bed, 7-bath home with lake views and rental potential.
    Where is this bed & breakfast located?
    The property is located at 114 N COEUR D ALENE Ave Harrison, ID.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Stunning Lake Coeur d'Alene views and prime location, steps from the Trail of the Coeur d'Alenes, beach, and marina docks.; Versatile property with a 7‑bed, 7‑bath main house, a fully finished apartment, an almost‑completed loft apartment, and an unfinished studio cabin, offering multiple living options and rental income potential.; Over 3,000 sq ft of refreshed living space in the iconic Corskie House, a well‑known destination for travelers.
    (208) 819-5283
    We can help!
    Listing Contact
    Ricky Souza
    Real Estate License ID: SP45262
    Learn More
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    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.

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    114 N COEUR D ALENE Ave, Harrison, ID 83833
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