Located in Sandpoint, Idaho, this new development is offering 3 bedroom, 3.5 bathroom, fully equipped 1,900+ sq ft homes in 1/8 th ownership shares. Each share is $195,000 and annual dues are $7,400 per share.
Financing has been arranged for qualified buyers with Panhandle State Bank in Sandpoint, Idaho. A down payment of 25% of the purchase price is required and the balance can be fully amortized over a 20 year period, with a five year balloon payment.
Owners have a minimum of four weeks' use each year (two winter weeks, two summer weeks), and unlimited use on a space available basis. Amenities include year round outdoor pool, hot tubs and exercise room at the Selkirk Lodge, tennis courts right outside the village.
Schweitzer Mountain Property Management group is also offering a rental program for owners.