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Eye On Boise

Thu., Aug. 28, 2014, 1:07 p.m.

First two cabin sites sell to lessees at appraised value; cheers, applause follow

The first cabin site to come up for auction, on Cavanaugh Bay Road in Coolin, was appraised at $430,000. A bid was entered for that amount – and though the auctioneer repeatedly asked for a bid of $435,000, and then for $431,000, no one else bid. The lot sold to the first bidder, prompting a big burst of cheers and applause from the crowd – it went to the existing lessee.

The same happened with the second site, which sold for the appraised value, $485,000.




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Betsy Z. Russell
Betsy Z. Russell joined The Spokesman-Review in 1991. She currently is a reporter in the Boise Bureau covering Idaho state government and politics, and other news from Idaho's state capital.

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