364 E Cavanaugh Bay Rd , Coolin, ID 83821(Bonner County)

1 Acres in Coolin, ID - $80,000

170' waterfront Idaho State Lease Lot facing west on Cavanaugh Bay at Priest Lake. Modest 2 br 2 ba lake cabin. The offering in this listing is for the improvements and personal property including the lake cabin, boat dock and boat house. The lot is owned by the State of Idaho and will be coming up for auction in 2019. The lease fee for the lot is presently $14,600 annually. The land appraisal fee is $354,000. and that would likely be the minimum bid when the land comes up for auction in 2019. This property is situated on a quiet dead-end road and the property fronts on Cavanaugh Bay. Convenient location just a few minutes away from Cavanaugh Bay Resort and the village of Coolin. Oversized lot in a quiet bay. Community water and sewer system Cougar Creek is just a 1/4 mile N.