23160 Madrona, Worley, ID 83876
Courtesy of EXP Realty
Selling Office: .- $?
- 3
- BD
- 2
- BA
- 1,608
- SqFt
- Sold Price
- $?
- Status
- CLOSED
- Days on Market
- 53
- Closing Date
- Jul 21, 2026
- MLS#
- 26-2938
- Subtype
- Residential
- Style
- Manufactured Double Wide
- Year Built
- 1979
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,608
- Lot Size
- 16,988
- Acres
- 0.39
- Subdivision
- Carrolls Cave Bay
- Neighborhood
- Carrolls Cave Bay
- MLS Area Major
- 14 - Benewah
Property Description
On the 4th of July, the fireworks reflect off Lake Coeur d'Alene from this deck. That moment 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.
/u.realgeeks.media/choicehomes4sale/best-choice-realty-logo_small.png){kind=logo}
Additional Information
- Interior Features
- Fireplace, Washer Hookup, High Speed Internet, Smart Thermostat
- Exterior Features
- Open Deck, Dock, Rain Gutters, Boat Slip
- Taxes
- $1,174
- Property Description
- Manufactured Double Wide
- Zoning
- Residential
- Heating
- Forced Air, Heat Pump, Propane Stove, Electric, Propane
- Roof
- Metal
- Foundation
- Block
- Parking Features
- Paved, RV Access/Parking
- School District
- Plummer/Worley - 44
- View
- Lake, Territorial