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

    215 White Cloud Dr Sandpoint, ID 83864

    View on Map
    Claim this Listing
    For Sale
    $335,000

    LAND - Sandpoint, ID

    Lot size:
    1.01 Acres
    Added:
    Apr 2, 2026
    Days on Market:
    27
    Last Refresh:
    Apr 28 at 9:06 pm

    Property Features for 215 White Cloud Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Recreation
    Standard status
    Active
    APN
    RP033820040140A
    Lot size
    1.01 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    2-57N-1W Golden Tee Est 3rd Add Blk 4 Lot 14
    Tax Annual Amount
    472

    We can help!

    Listing Contact
    Nedra Kanavel
    Nedra Kanavel

    Listing agent Nedra Kanavel License #AB51915

    Listing office REAL BROKER LLC 3597 E MONARCH SKY LN, Meridian, ID

    Listing date Apr 2, 2026

    MLS# 26-3001 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.

    Overview

    Idaho Club Build Site

    This 1.01-acre residential land and home lot is located in Sandpoint, Idaho. It is situated within the Idaho Club, which features a Jack Nicklaus-designed golf course. The property offers mountain views and access to club amenities, including dining and entertainment, as well as golf and social memberships. A foundation is already in place, and architectural plans for a 3000+ square foot luxury home are available with the purchase of the land. The site is located in the club's estate district, providing access to North Idaho attractions. Lake Pend Oreille is nearby for beaches and boating. Sandpoint, Coeur D'Alene, and Spokane, WA are within driving distance for shopping and air travel. The zoning is Recreation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Hair Salon Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandpoint
    County
    Bonner
    State
    Idaho
    Longitude
    -116.506
    Latitude
    48.4219

    Nearby Similar for Sale

    • $1,800,000
      6,436 SF

      Boutique Motel in Downtown Sandpoint

      Landmark motel with 19 units near Lake Pend Oreille.
      501 N 4th Ave, Sandpoint, ID 83864
      View Details
    • $1,495,000
      5,600 SF

      Sandpoint Commercial Property For Sale

      Turnkey investment opportunity: profitable business with purpose-built facility.
      102 S Division Ave, Sandpoint, ID 83869
      View Details
    • $299,000

      Sandpoint Gastropub Restaurant Opportunity

      Established restaurant with loyal customer base in a prime location.
      301 Cedar St, Sandpoint, ID 83864
      View Details
    • $325,000

      Idaho Club Building Site

      One acre building site at the Idaho Club.
      White Cloud Dr lot: 17, Sandpoint, ID 83864
      View Details
    • $850,000
      4,350 SF

      Income-Generating Commercial Opportunity

      Three income-generating properties in one, prime industrial location.
      1313 N Division Ave, Sandpoint, ID 83864
      View Details
    • $3,200,000

      Prime Vacant Land Opportunity

      4.32-acre vacant land with highway access near downtown Sandpoint.
      64 W Bronx Rd, Sandpoint, ID 83864
      View Details
    • $1,495,000

      Turnkey Sandpoint Commercial Investment Opportunity

      Profitable business and purpose-built facility for sale in Sandpoint, ID.
      102 S Division Ave, Sandpoint, ID 83864
      View Details
    • $950,000
      3,174 SF

      Downtown Sandpoint Income Property

      Income-producing property near Schweitzer Mountain and Lake Pend Oreille.
      417 Pine St, Sandpoint, ID 83864
      View Details
    • $549,500

      Mountain-View Lot with Ski Access

      Premier homesite with approved building plans and ski access.
      752 Tall Timber Rd, Sandpoint, ID 83864
      View Details
    • $399,000

      Sandpoint Industrial Land Opportunity

      Shovel-ready 0.98-acre industrial land with utilities in Sandpoint, ID.
      2413 N Boyer Ave, Sandpoint, ID 83864
      View Details
    • $350,000

      Schweitzer Mountain Ski Lot

      Ski-in/ski-out lot near Creekside Chairlift on Schweitzer Mountain.
      614 Telemark Rd, Sandpoint, ID 83864
      View Details
    • $3,000,000
      42,253 SF

      Turnkey Sandpoint Mobile Home Park

      Fully occupied mobile home park with redevelopment potential in Sandpoint.
      702 N Florence Ave, Sandpoint, ID 83864
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Ready-to-go build site with mountain views in the Idaho Club.
    Where is this residential land & home lot located?
    The property is located at 215 White Cloud Dr Sandpoint, ID.
    What is the asking price?
    The asking price for this property is $335,000.
    What are key features of this property?
    This property features: Breathtaking mountain views and sunshine.; Located in the Idaho Club, featuring the only Jack Nicklaus‑designed golf course in Idaho.; Foundation is in place and architectural plans for a 3000+ square foot luxury home are available.
    (208) 610-4624
    We can help!
    Listing Contact
    Nedra Kanavel
    Nedra Kanavel
    Real Estate License ID: AB51915
    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!