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.
For sale
Price cut: $5K (7/21)
$360,000
403 Olive Ave, Sandpoint, ID 83864
2beds
1baths
1,102sqft
Single Family Residence
Built in 1950
3,484 Square Feet Lot
$352,100 Zestimate®
$327/sqft
$-- HOA
What's special
- 187 days
- 388
- 8
Zillow last checked:
Listing updated:
Listed by:
Maegan Barrett 208-627-7374,
RE/MAX CENTENNIAL
Source: SELMLS,MLS#: 20260665
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Mud Room
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bathroom 1
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Radiant, Hot Water
Appliances
- Included: Built In Microwave, Dryer, Range/Oven, Refrigerator, Washer
- Laundry: Main Level
Features
- Flooring: Laminate
- Basement: None
Interior area
- Total structure area: 1,102
- Total interior livable area: 1,102 sqft
- Finished area above ground: 1,102
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage, Asphalt
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Porch
- Fencing: Fenced
Lot
- Size: 3,484 Square Feet
- Features: City Lot, In Town, 1 Mile or Less to County Road, Level, Corner Lot
Details
- Parcel number: RPS40050000020
- Zoning description: Commercial
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Garbage Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Sandpoint
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $504,046
- Annual tax amount: $3,103
- Date on market: 4/1/2026
- Listing terms: Cash, Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$352,100
$334,000 - $370,000
$1,605/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $360,000-1.4%$327/sqft |
Source: | ||
| 6/12/2026 | Price change | $365,000-2.7%$331/sqft |
Source: | ||
| 4/1/2026 | Listed for sale | $375,000$340/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | $3,103 | $504,046 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 83864
Nearby schools
Schools provided by the listing agent
- Elementary: Washington
- Middle: Sandpoint
- High: Sandpoint
Source: SELMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




