Janna Rankin Scharf, GRI, CLHMS, SFR - Coeur d'Alene Idaho Real Estate
One beautiful morning not long ago, business took my husband and me to the Riverstone area of Coeur d'Alene. As I drove through, beautiful Riverstone Park caught my eye. Its signature fountain was spurting the familiar huge burst of water, which was sparkling in the sunlight. The grounds were meticulously maintained and picture perfect.
And there wasn't a soul to be found taking advantage of one of Coeur d'Alenes most lovely park settings!
Riverstone is just one of North Idaho's premier development projects that became a victim of the mortgage crisis and real estate market meltdown. Although the vision was grand, the timing was unfortunate. There are more commercial vacancies than there are tenants. Real estate auctions have attempted to sell the condo inventory as well as the commercial assets. There are high end, bank owned custom riverfront homes on the market for a song. Nevertheless, Riverstone remains an attractive and desirable place to be.
Riverstone Park is a community park maintained by the Coeur d'Alene Parks Department. Amenities include a man-made lake with fountains, playground, restrooms, picnic areas & BBQ grills, covered picnic shelter, and a bicycle/pedestrian path. The Centennial Trail runs through the park. A stage area at the edge of the pond is the location for free summer concerts. It's a beautiful setting, with the spurting fountains providing a dramatic backdrop.
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