20779 s cave bay rd

Turn-key lake house investment opportunity! Secondary waterfront with owned boat slip on Lake Coeur d'Alene! Home is currently an active vacation rental with a full summer calendar, and delivers a strong return with gross income in 2025 coming in at $51,300. Home has underwent an extensive remodel in the last 2 years including a new roof in 2025, new septic pump, new kitchen, new flooring and light fixtures throughout, ductless mini split system for heating and cooling installed in 2024, new vanities and toilets in both bathrooms, new shower surround, and upper deck built within the last 4 years. Included with the home purchase is a golf cart, which is an essential part of the Cave Bay lake lifestyle and provides the easiest (and most fun!) way to access your boat slip, as well as the community dock, beach and park. The property is nestled against a hillside and surrounded by trees, providing a private nature retreat, abundant with wildlife. Whether you are seeking an affordable lake getaway or a turn key investment, this property checks all the boxes!