There has been a lot of buzz around town about the big auction of luxury condos at the beautiful Riverstone  development.  Last month I posted the first press release about the auction.  The original date set for earlier this month was pushed back, and I just received a email flyer that announced the starting bids have been drastically reduced.  If you or someone you know would like a great investment property at fire sale prices, please give me a call.  This is an unfortunate sign of the times, and of bad timing and over-building.  Nevertheless, Riverstone is a class development in a stellar location and A GREAT PLACE TO LIVE! 

Riverstone Condo Auction Coeur d'Alene

 

Janna SignJanna Rankin Scharf  provides a superior level of real estate services to home buyers and sellers in Coeur d'Alene and Kootenai County, Idaho. Visit Janna.ServingNorthIdaho.com to search for homes in the Coeur d'Alene MLS for anywhere in spectacular North Idaho.

No matter how grand or modest your real estate dreams may be, you can turn to me in confidence.  Give me a call today and let me know what I can do to be of service to you!

Janna Rankin Scharf AB, GRI, CSP, CNS, CLHMS  208.651.9700

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6 Comments on FIRE SALE! Riverstone Auction Postponed, Starting Bids Lowered Dramatically!

JUN
26
2009
1,142,581 Points 242 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Hi Janna--Best of luck selling each and every one of these at the auction.  I simply cannot believe the price reduction--I had to go back and read those numbers again.  Simply SHOCKING!  Also, thanks for always being your positive self in your comments--I see you on others' blogs and you are such a bright spot here on AR--you ARE appreciated!

Have a wonderful weekend...

Debe in Charlotte

8:39pm • #1
JUN
27
2009
1,057,134 Points 27 Featured Posts Outside Blog Called Shot Master

That's kind of strange that they would postpone the auction AND lower the prices. Around here they'll have the auction and if stuff doesn't sell, they'll have another auction with lower prices.

5:59pm • #2
DEC
07
2009

Have all the local contractors been paid for their services and supplies on this project.  

Seems like the developers and their municipal agents will come out on top.

Is there any guarantee that the association fees dramatically increase?

Dennis Hinrichsen
9:55am • #3
JUL
05
2010

More info. and pictures on Riverstone please !

Leonard A. Wells Jr.
2:53pm • #4
568,450 Points 26 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hello Leonard!  You stumbled upon my Riverstone Auction post from LAST July, 2009.  That auction was postponed, but eventually was held, along with a second one on another phase of the development, and recently an auction of the commercial property at Riverstone.  So, although you missed the auction, there are still condos available at auction prices.  Give me a call or send me an email if you would like more information and I will gladly forward it to you!

5:36pm • #5

Yes, Please send more info. on other offerings

Leonard A. Wells Jr.
6:25pm • #6


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Janna Rankin Scharf

Coeur d'Alene, ID

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Keller Williams Realty Coeur d'Alene

Address: 1450 Northwest Blvd. Ste 301, Coeur d'Alene, ID, 83814

Office Phone: (208) 667-2399

Cell Phone: (208) 651-9700

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Coeur d'Alene Idaho Real Estate Blog By Janna Rankin Scharf of Keller Williams Realty is a Great Place For Real Estate Agents and Potential Buyers and Sellers to get to know more about Coeur d'Alene Idaho as well as other parts of Kootenai County and North Idaho.
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