Subdivision for sale!

River Grande Estates is 75 residential parcels of approx ten-acres each, for sale. This undeveloped property totals 780 acres of flat land located along a river with great river frontage for views and boating. Near city limits.

Total Bulk price of approx $10m is only $13,000 per acre! Price is based on comparable 2008 & 2009 lot sales, then discounted for bulk sale. Comp sale data available to interested buyers.

Ready for an investor, offering little risk and great upside!

Best Use: Hold for city annex - multiply lots and value.

Cash Flow: If desired, parcels can be sold off separately, then hold best land for development upon city annex into a high-end golf/residential/marina development with many more lots.

Confidential offering is coming soon. This will be priced to sell. Addr confidential. Please call or email if you are interested. Buyer brokers to be compensated.

Northern Idaho. Near Sandpoint. Located on a river and near town. Short distance to Shweitzer ski resort and famous Lake Pend Oreille.