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23160 S Madrona LOOP Worley, ID 83876
3 Beds
2 Baths
1,608 SqFt
UPDATED:
Key Details
Property Type Manufactured Home
Sub Type Manufactured < 2 Acres
Listing Status Active
Purchase Type For Sale
Square Footage 1,608 sqft
Price per Sqft $267
Subdivision Carrolls Cave Bay
MLS Listing ID 26-2938
Style Manufactured Double Wide
Bedrooms 3
HOA Y/N Yes
Year Built 1979
Annual Tax Amount $1,174
Tax Year 2025
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Manufactured < 2 Acres
Source Coeur d'Alene Multiple Listing Service
Property Description
doesn't make the brochure -- but it's why the next owner is going to find this listing.
Cave Bay on Lake Coeur d'Alene. Wrap-around deck with a pergola. Your own boat slip about 2
minutes from the front door. Members-only sandy beach, private boat launch, community park
-- all walking distance. HOA covers community water, sewer, and snow removal, so winter
belongs to someone else.
Independent appraisal on file at $430,000 (May 2026). Recent home inspection complete. Now
listed BELOW APPRAISED VALUE at $429,999. Most furniture included -- walk in, drop the bags,
pour a drink. 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. Metal roof. 1-car garage.
High-speed internet. All appliances included.
For the buyer rental. BNBCalc A-rated. $71,656 projected annual revenue. 19.3% cash-on-cash. 11.1% cap rate. Top 9% of comparable Cave Bay 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 -- preferably before the 4th.
Location
State ID
County Kootenai
Community Carrolls Cave Bay
Area 14 - Benewah
Zoning Residential
Direction Worley to Cave Bay rd to Madrona Loop
Rooms
Basement Crawl Space
Main Level Bedrooms 3
Interior
Interior Features Fireplace, High Speed Internet, Smart Thermostat, Washer Hookup
Heating Electric, Propane, Forced Air, Heat Pump, Propane Stove
Cooling Central Air
Fireplaces Type Gas
Fireplace Yes
Exterior
Exterior Feature Boat Slip, Dock, Open Deck, Rain Gutters
Parking Features Att Garage
Garage Description 1 Car
Fence None
View Mountain(s), Territorial, Lake
Roof Type Metal
Attached Garage Yes
Building
Lot Description Steep Slope, Sloped, CDA Reservation
Foundation Block
Sewer Septic Tank, Community System, Lift Station, Lagoon
Water Community System, Shared Well, Transfer Fee
New Construction No
Schools
School District Plummer/Worley - 44
Others
Tax ID 012010010040
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