256 Poverty Ln, Spirit Lake, ID 83869
Exceptional homestead opportunity bordering private timberland; an additional adjacent 5-acre parcel available! This 4,000+ sq. ft. home with a walkout basement offers incredible flexibility for multi-generational living, hobby farming, and self-sufficient country living. No CCRs or HOA; bring your horses, goats, and chickens. Established garden areas, mature fruit trees, and 2, 1500gal cisterns support home and irrigation. Recent updates include new kitchen countertops, carpet, paint, drywall, and a dedicated gym space. Original oak floors, multiple living areas, formal dining, and a vintage wood-burning oven create warmth and character throughout. The main-floor primary suite includes a private office, while upstairs bedrooms and the finished walkout basement provide excellent guest or in-law living options. Surrounded by mature cedar and fir trees, the property also features two picturesque ponds frequented by moose and deer, creating a truly special North Idaho retreat!
Five-acre homestead with 4,029 sq ft home and no HOA in Spirit Lake
At $699,900 for 4,029 square feet, this runs about $174 per square foot on five acres bordering private timberland. The 1975 home has a walkout basement, main-floor primary suite with private office, upstairs bedrooms, and multiple living areas plus formal dining. Recent work includes new countertops, carpet, paint, drywall, and a dedicated gym space, alongside original oak floors. With no CCRs or HOA, the land is set up for country living: garden areas, mature fruit trees, and two 1,500-gallon cisterns for irrigation. Two ponds and mature cedar and fir round out the acreage. Annual taxes are modest at about $1,918. An adjacent five-acre parcel is available separately.
- Five acres
- No HOA
- Walkout basement
- Two cisterns
- Fruit trees
Your point of contact
Listed by David Faller, Finding Freedom Idaho · 208-930-3078
What's included
Interior Features
- Fireplace
- Washer Hookup
- Satellite
- Open Deck
- Garden
- Fruit Trees
- Lighting
- Fire Pit
Appliances
- Refrigerator
- Dishwasher
- Microwave
- Water Softener
- Propane Water Heater
- Gas Range
Heating
- Other
- Wood Stove
- Electric
- Propane
- Wood
Education
- District
- West Bonner - 83
School assignments are as reported in the listing. Boundaries and enrollment can change — verify directly with the school district.
Costs of ownership
- Annual taxes
- $1,918 (2025)
Run the payment
- Principal & interest
- —
- Property taxes
- —
- Insurance
- —
- HOA
- —
Fine-tune taxes, insurance & HOA
Estimates only — excludes PMI and utilities; your lender's numbers govern. Taxes prefilled from the listing record.
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Listing information provided courtesy of the Coeur d'Alene Association of REALTORS® MLS (Coeur d'Alene MLS, Inc.). IDX information is provided exclusively for consumers' personal, non-commercial use.
Information provided by Coeur d'Alene Association of REALTORS®. Listings deemed reliable but not guaranteed. Buyer is responsible for verifying all material facts (square footage, lot size, zoning, school assignments, HOA dues, taxes). Not legal, tax, financial, or appraisal advice — consult the relevant professional.