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403 Olive, Sandpoint, ID 83864

N/A · Bonner County

Key Facts

2Beds
1Baths
1,102Sq Ft
1950Year Built
0.08Lot (acres)

Description

Prime in-town Sandpoint opportunity with commercial zoning and investment potential. Located in the heart of Sandpoint, this 2 bedroom, 1 bathroom property offers excellent flexibility with commercial zoning and current use as a rental. Whether you're looking for an investment property, office space or future redevelopment opportunity, this in-town location provides convenient access to downtown amenities, shopping, dining and local services. A great opportunity for investors or business owners seeking a centrally located property with multiple potential uses.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1950

Living Area

1,102 sq ft

Lot Size

0.08 acres

Lot Dimensions

3589

Zoning

Commercial C

Days on Market

72

MLS® Listing#

26-2866

Property Features

Interior

High Speed Internet

Appliances

MicrowaveWasherElectric RangeDryer

Heating

Hot WaterRadiantNatural Gas

Flooring

Carpet

Parking

Paved

Laundry

Electric Dryer Hookup

Patio

CoveredPorch

Fencing

Back Yard

Lot Features

Corner LotLevel

Construction

Frame

Foundation

Concrete Perimeter

Roof

Metal

Community

Sidewalks

Water Source

Public

Financial Details

HOA

None

Annual Taxes

$3,103

Tax year 2024

Parcel Number

RPS40050000020

Directions

US-95 N to Sandpoint. Exit 5th Ave (Downtown). Right on Cedar St. Left on Olive Ave to property.

Affordability Calculator

$73,000

Estimated monthly payment

$1,943/mo

Principal $292,000 · Est. interest $407,366 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Sandpoint, ID

$897,468
Median Listing Price
70
Median Days on Market
2,055
Median Sq Ft
$458
Median Price / Sq Ft
435
Active Listings
  • This home’s price is 59% below the area median.
  • Its price per sq ft is 28% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Sandpoint, ID.

Location

Map showing the location of 403 Olive, Sandpoint, ID 83864

Points of Interest in Sandpoint, ID

Showing the Sandpoint area map.

Nearby Schools

  • Sandpoint Middle School

    Secondary · 0.2 mi away

  • Lake Pend Oreille School Dist

    School · 0.3 mi away

  • Washington Elementary School

    Elementary · 0.3 mi away

  • Sandpoint High School

    Secondary · 0.3 mi away

  • Valor Christian High School

    Secondary · 0.4 mi away

  • Sandpoint Waldorf School

    School · 0.7 mi away

  • Sandpoint Junior Academy

    Elementary · 0.8 mi away

  • Forrest M Bird Charter Schools

    Secondary · 0.9 mi away

  • Lake Pend Oreille Alternative high school

    Secondary · 1.0 mi away

  • Farmin Stidwell Elementary School

    Elementary · 1.0 mi away

  • Selkirk School

    School · 1.7 mi away

  • Lake Pend Oreille School District

    School · 2.6 mi away

  • Sandpoint Christian School

    School · 3.6 mi away

  • Kootenai Elementary School

    Elementary · 3.6 mi away

  • Sagle Elementary School

    Elementary · 4.6 mi away

  • Joanna's Pre-School

    School · 5.8 mi away

  • Northside Elementary School

    Elementary · 8.7 mi away

  • Southside Elementary School

    Elementary · 11.7 mi away

  • Hope Elementary School

    Elementary · 14.3 mi away

  • Priest River Elementary School

    Elementary · 16.8 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Sandpoint

Listing Courtesy: RE/MAX Centennial - 2086677653

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Coeur d'Alene Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Coeur d'Alene Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Coeur d'Alene Multiple Listing Service. MLS® Listing#26-2866. © 2026EXIT Realty®. All rights reserved.