41 Priest Lake cabins on auction block

Forty-one lakefront cabin sites on Priest Lake will be auctioned off Saturday by the Idaho Department of Lands at the Coeur d’Alene Resort. All of the sites currently have cabins on them, and are leased to the people who own the cabins; if someone else is the successful bidder, they’d have to pay the cabin owner for the appraised value of the improvements, in addition to paying the state for the lot. The site pictured above is among those being offered; the lot is appraised at $503,604, which is the starting bid price for the auction, and the improvements (including fees) are valued at $534,836. That means if someone other than the current cabin owner is the successful bidder, they would have to pay a total of at least $1.04 million/ Betsy Russell , Eye on Boise. More here.