Bottles Auctions will be auctioning Priest Lake Area Endowment Land Cottage Sites for the Idaho Department of Lands on September 21, 2024 at Best Western – Coeur d’Alene Inn, 506 W. Appleway Ave., Coeur d’Alene, ID 83814, commencing at 10:30 AM PST. Please contact Bottles Auctions (208)-377-5700, jacob@bottlesauctions.com with all questions.
The bidding at auction will be for the Endowment Land LOT ONLY, and the cost for the improvements/cabins will be sold at a fixed price of their appraised value in addition to the high bid price for the Lot. The minimum bid for each Lot must meet or exceed the Reserve Price set forth below. Buyer to conduct all due diligence prior to auction. Property being sold “AS-IS” with NO CONTINGENCIES.
Legal Description: Lot 25, Block 1, Hunt Creek Subdivision, Bonner County
Lot Size: +/- 1.20 Acre
Published Reserve (Lot Only): $1,233,000
Improvement: +/- 768 Sq. Ft. Improvement – 1+ Bed, 1 Bath
Cashier’s Check to Bid, TOTAL Due Auction Day: $211,130
- $50,000 (Deposit towards the purchased of the Lot)
- $171,130 (For Improvements and Fees)
- Cashier Check made payable to: First American Title Insurance Company
Closing: Shall take place 30-60 days after the Auction, with potential 30-day extension.
Administration Fee: 4% of High Bid due at Closing.
The Appraisal is provided for informational purposes only, and neither IDL or Bottles
