Welcome to a unique opportunity that combines two exceptional waterfront & secondary waterfront properties into one extraordinary listing, offering the perfect blend of luxury, versatility, & investment potential. 23 Teal Lane is nestled along the serene shores of the Pend Oreille River near Sandpoint & Schweitzer Mountain Ski Resort, this waterfront gem was built in 2017 & offers 3 bedrooms, 3.5 bathrooms, & 2319SF of meticulously crafted space. Custom walnut cabinets, a gourmet kitchen with granite countertops, a large breakfast bar island, & a pantry highlight the attention to detail throughout. The master suite is a sanctuary with a vaulted ceiling, deck access overlooking the river, and a luxurious en suite featuring heated floors, dual sinks, a walk-in shower, soaking tub, dry sauna, and a spacious walk-in closet. The second bedroom suite offers direct waterfront deck access & a unique jack & Jill bath with a shared walk-in shower/wet sauna. Outdoor amenities include a lighted boat dock, jet ski floats, a Trex deck with a gazebo & fireplace, & a fenced backyard with a dog run. Adjacent to a common area with a boat launch, outdoor enthusiasts will appreciate easy access to recreational activities. 1727 & 1729 Gypsy Bay are located just across the street & include a spacious 5-bedroom, 2.5-bathroom home with over 3000SF of living space. This semi furnished residence boasts an open concept layout flooded with natural light, making it an ideal retreat or investment property with a great short-term rental history. Recent updates include fresh exterior stain, luxury vinyl plank flooring, & a new furnace/AC unit for year-round comfort. Above the 2-car attached garage, a 1-bedroom, 1-bathroom apartment with a separate entrance & a 300SF Trex deck. Additionally, a detached 2-bedroom, 2-bathroom guest home built in 2020 offers radiant floor heat, a mini-split system, & its own oversized garage, making it a perfect retreat for visitors or an additional rental unit. Take advantage of this incredible investment opportunity to own multiple homes with income earning potential or have enough room for all your family and friends!