23160 S Madrona Loop

2
Baths
1,608 Sq. Ft.
$274 / Sq. Ft.
1,608
Sq. Ft.
$274
per Sq. Ft.

Description

Cash flow on Lake Coeur d'Alene. BNBCalc rates this property A for short-term rental -- $71,656 projected annual revenue, 58% occupancy, $338 average nightly. 19.3% cash-on-cash. 11.1% cap rate. HOA-approved STR. Boat slip on Cave Bay included. This is the lake property that pays for itself. Wrap-around deck with a pergola, panoramic mountain and water views, your own slip on a private community marina, members-only sandy beach, private boat launch, community park -- all about 2 minutes from the...Cash flow on Lake Coeur d'Alene. BNBCalc rates this property A for short-term rental -- $71,656 projected annual revenue, 58% occupancy, $338 average nightly. 19.3% cash-on-cash. 11.1% cap rate. HOA-approved STR. Boat slip on Cave Bay included. This is the lake property that pays for itself. Wrap-around deck with a pergola, panoramic mountain and water views, your own slip on a private community marina, members-only sandy beach, private boat launch, community park -- all about 2 minutes from the front door. HOA covers community water, sewer, and snow removal. Owner has invested $30,000+ since 2017 -- new deck, new gutters, updated flooring, remodeled bathroom, washer/dryer, appliances, septic pump. Heat pump and central air. Propane backup stove keeps the house warm when the grid doesn't cooperate. Metal roof. 1-car garage. High-speed internet. All appliances included. Independent appraisal on file from May 2026 -- full report available to qualified buyers. Top 9% of comparable Cave Bay area units on occupancy.
7 min to Coeur d'Alene Casino & Resort. 30 min to downtown CDA. 55 min to Spokane International -- non-stop to LA, SF, Denver, Seattle. 1979 HUD-compliant double-wide. Cash, conventional, portfolio, and DSCR financing welcome. Schedule a private showing. Second-home buyer who wants a boat slip and a property that pays its own way? This is the file. Schedule a private showing. Relocating to North Idaho? Lake CDA address, Spokane airport 55 min, no state income tax. Schedule a private showing.
  1. Listed by Jeremy Specials • EXP Realty
    P: (208)-770-9645 C: (208)-770-9645 jspecials75@gmail.com

Property Details for 23160 South Madrona Loop

Subdivision Name
Carrolls Cave Bay
Water Body Name
Coeur d'Alene Lake
LISTING UPDATED: 06/06/2026 11:35 PM

Property Details for 23160 South Madrona Loop

StatusActive
MLS #26-2938
Days on Market66
Taxes$1,175 / year
HOA Fees$3,554 / year
Condo/Co-op Fees-
Property TypeMobile/Manufactured
MLS TypeResidential / Manufactured < 2 Acres
Year Built1979
Lot Size0.39 AC / 16,988 SF
CountyKootenai County

Location

Listing Courtesy of EXP Realty
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Building Information for 23160 South Madrona Loop

Stories-Residences-Year Built1979Lot Size0.39 AC / 16,988 SF

Payment Calculator

$2,587 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,193

Property Taxes

$98

HOA Dues

$296

The Payment Calculator is for illustrative purposes only.

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Property Information for 23160 South Madrona Loop

Summary
Location and General Information
  • MLS Area Major: 14 - Benewah
  • State Or Province: ID
  • County Or Parish: Kootenai
  • Latitude: 47.460673
  • Longitude: -116.882876
  • View: Lake, Mountain(s), Territorial
  • Neighborhood Grid #: 600
  • Road: Paved
Taxes and HOA Information
  • Tax Legal: Carrolls Cave Bay Homesites 5th Add, Lt 4 Block 1 3248N04w
  • Association Fee: 3,554
  • Parcel Number: 012010010040
  • Association Fee Frequency: Annually
  • Association Fee Includes: Sewer, Snow Removal, Water
  • Association: Yes
  • Tax Year: 2025
  • Taxes Reflect 1: Home Owner's Exemption
  • Association Fee Includes: Sewer, Snow Removal, Water
Parking
  • Parking Features: Paved Parking, RV Parking - Open
  • Attached Garage: Yes
Property
Lot Information
  • Building Area Total: 1608.0
  • Living Area: 1608.0
  • Living Area Source: Assessor
  • Lot Features: Steep Slope, Sloped, CDA Reservation
  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Size Square Feet: 16988.4
  • Building Style: Manufactured Double Wide
  • Lot Type 1: Residential
  • Lot Features: CDA Reservation, Sloped, Steep Slope
Property and Assessments
  • Approval Status: Yes
  • Year Built: 1979
  • New Construction: No
  • Construction: Manufactured
Utilities
  • Sewer: Community System, Lagoon, Lift Station, Septic Tank
  • Water Source: Community System, Shared Well, Transfer Fee
  • Fuel: Electric, Propane
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Exterior Features: Boat Slip, Dock, Open Deck, Rain Gutters
  • Road Surface Type: Paved
  • Exterior: Aluminum Siding
  • Roof: Metal
  • Construction Materials: Aluminum Siding
  • Foundation Details: Block
  • Exterior Features: Boat Slip, Dock, Open Deck, Paved Parking, Rain Gutters, RV Parking - Open
Interior Features
  • Cooling: Central Air
  • Interior Features: Fireplace, High Speed Internet, Smart Thermostat, Washer Hookup
  • Heating: Forced Air, Heat Pump, Stove - Propane, Electric, Propane, Propane Stove
  • Flooring: Vinyl, Carpet
  • Fireplace Features: Gas
  • Total Bathrooms Source: MLS
  • Baths Total: 2
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Cooling: Yes
  • Fireplace: Yes
  • Fireplace Features: Gas
  • Appliances: Cooktop, Dishwasher, Electric Dryer, Refrigerator, Wall Oven, Washer, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Foundation: Block
  • Kitchen Amenities: Bkfst Bar
  • Basement: Crawl Space
  • Interior Features: Central Air, Fireplace, High Speed Internet, Smart Thermostat, Washer Hookup
Room Information
Rooms per Level: 1st Floor
  • Master Bedroom Suite: 1
  • Living Rm: 1
  • Dining Room: 1
  • Kitchen: 1
  • Bedroom(s): 2
  • Bath: 1
  • Laundry: 1
Mobile Home
Mobile/Manufactured Home
  • MH Taxed as: Real Prop

Property History for 23160 South Madrona Loop

DateEvent & SourcePriceAppreciation
Jun 5, 2026

Price Change

Coeur D'Alene Multiple Listing Service #26-2938

$439,990
May 29, 2026

Price Change

Coeur D'Alene Multiple Listing Service #26-2938

$439,999
May 29, 2026

Listed (Active)

Coeur D'Alene Multiple Listing Service #26-2938

DateEvent & SourcePrice
06/05/2026

Price Change

Coeur D'Alene Multiple Listing Service #26-2938

$439,990
05/29/2026

Price Change

Coeur D'Alene Multiple Listing Service #26-2938

$439,999
05/29/2026

Listed (Active)

Coeur D'Alene Multiple Listing Service #26-2938

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 23160 South Madrona Loop

Taxable ValueLand$351,000Additions$120,170Total$471,170
Tax Record2025$1,175 ($98 / month)
Home Facts
Total Finished SqFt1,608 SqFtAbove Grade Finished SqFt1,608 SqFtLot Size16,771 SqFtStyleMobile / Manufactured HomeYear Built1979CountyKOOTENAIAPN012010010040

Schools near 23160 South Madrona Loop

This home is within Plummer-Worley Joint District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lakeside Elementary School
PublicPK to 5

Lakeside Middle School
Public6 to 8

Lakeside High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

23160 South Madrona Loop is a mobile/manufactured home for sale in Worley, ID 83876. This property was listed for sale on April 2, 2026 by EXP Realty, it's currently listed at $439,990. It has been on the market for a total of 66 days and was last sold on October 3, 2014. This listing's school district is Plummer-Worley Joint District. Nearby schools include Lakeside Elementary School, Lakeside Middle School and Lakeside High School. 23160 South Madrona Loop is a 3-bed, 2-bath, 1,608 sqft mobile/manufactured home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP Realty

Based on information from one of the following Multiple Listing Services: Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.