









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 acres bordering timberland with a 4,029-square-foot walkout home near Spirit Lake
At about $174 per square foot, this 1975 home spreads 4,029 square feet across multiple living areas, a formal dining space, and a walkout basement. The main-floor primary suite pairs with a private office, and the mix of original oak floors and recent updates to countertops, carpet, paint, and drywall gives a sense of both age and upkeep. Heating options run wide: wood stove, propane, electric, and a wood-burning oven. The five acres carry no CCRs or HOA, with room for gardens, mature fruit trees, and animals. Two 1,500-gallon cisterns support the house and irrigation, and an adjacent five-acre parcel is available separately. Annual taxes run just under $1,918.
- Five-acre lot
- Walkout basement
- No HOA
- Two cisterns
- Mature 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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Comparable in this market
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.