Huckleberries Online

Lavish Lake Home At Center Of Fight

Coeur d'Alene realtor Greg Rowley gave a tour of the $10.5 million home on the shore of Lake Coeur d'Alene. (SR photo: Kathy Plonka)

After a successful career developing retirement communities, Denny Ryerson planned to kick back and enjoy his own retirement on a sandy shore of Lake Coeur d’Alene. He built his dream home on 2.2 acres on Mica Bay, a spread that includes an 11,000-square-foot main house, a caretaker’s house and a guest house above the garage. The main house has four bedrooms, each with its own laundry facilities, plus seven full- and half-baths, a rosewood office and a kitchen with both a wood-burning brick pizza oven and separate $45,000 gas range. Ryerson and his wife have hosted up to 250 people there. And then the economy crashed and Ryerson, like hundreds of thousands of others, crashed hard along with it. The Arizona developer filed for Chapter 11 bankruptcy protection last fall, listing debts of more than $14 million. Now one of Coeur d’Alene’s most expensive waterfront homes is at the center of a legal battle involving Ryerson; his former lender, Idaho Independent Bank; and a company that bought the notes on the home from that bank/Tom Sowa, SR. More here.

Question: Which home along the Lake Coeur d'Alene shoreline would you must like to spend a summer in?




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D.F. Oliveria
Dave Oliveria writes the Huckleberries Online Blog for North Idaho readers and the Huckleberries print column.

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