Golden Spike Estates is a picturesque 75 acre community for adults 55 and older located on the south side of Rathdrum, just off Highway 41. What's different about this community is that residents buy their homes, but lease their land, which cuts the cost of home ownership.
Homeowners can reserve the community center, complete with a fully equipped kitchen, for their own events. There's an outdoor picnic area with a firepit and BBQ grills. There's even a beauty salon that offers services for both men and women.
The lot leases are $315 and include water, sewer and garbage service, taxes on the land, and a clubhouse with an exercise room, TV, lap swimming pool, sauna and large jetted tub. Sounds like a bargain to me!
The amenities bring to mind a vacation playground and also include a sun deck, nine-hole golf chip course, horseshoe pits. There is an outdoor pickle ball court, along with people and pet parks. A computer lab is provided, and all homes have WiFi internet signal.
Homes in Golden Spike Estates are energy efficient, with features such as energy heeled roof trusses, higher insulation values and triple vapor barriers on all exterior walls. All homes are built over a deeper crawlspace, which eliminates steps and creates a warmer floor system. Add heated driveways and sidewalks, and high quality low-maintenance landscape with underground sprinkler systems, and you have a home run.
When completed, Golden Spike Estates will have approximately 315 homes.
Call me if you would like more information on making beautiful Golden Spikes Estates your home!