Coeur d Alene Home 2886 N ATLAS RD – SOLD

LUXURY RIVERVIEW CONTEMPORARY HOME AT PRESTIGIOUS ATLAS WATERFRONT.

 Steps to the river’s edge. Rare opportunity to get in at the beginning of Coeur d’Alene’s most exciting new neighborhood. This beautiful MOVE-IN READY secondary waterfront home is made for entertaining, situated on the front row overlooking picturesque scenery with fantastic river and mountain views in both directions.

Mountain modern design home from award-winning builder, 4 bedrooms (all with en-suites) 4.5 baths, 3317 square feet with main-floor master

COEUR D’ALENE IDAHO REAL ESTATE | COEUR D’ALENE HOMES FOR SALE

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KITCHEN

You will love the gourmet kitchen including dramatic quartz countertops with waterfall detail, Thermador appliance package including built-in refrigerator/freezer/wine fridge, built-in wall oven + speed oven/microwave, dishwasher, cook top, and stylish hood.

LIVING ROOM

This exceptional home also features soaring ceilings, multiple oversized windows bringing in an abundance of natural light, large timbers on either side of fireplace and upgraded black windows.

GREAT ROOM

The fantastic outdoor living/entertaining areas include four decks – the second-floor balcony is huge – perfect to take in the stunning sunsets with friends and family.

 Master & More

 lovely main floor master bedroom, walk-in tile shower and wider than normal hallways and doors.

MASTER CLOSET AND BATHROOM

master bath freestanding soaking tub, heated floors and rain shower head.

UPSTAIRS BEDROOM

UPSATIRS BEDROOM 2

UPSTAIRS BEDROOM 3

GARAGE

an oversized 3 car garage, pre-wired for electric car charger, wifi door openers

DRONE SHOTS

Walking distance to nearby restaurants, shopping, the famed Centennial Trail, Riverstone, a waterfront dog park, and a unique wheelchair accessible kayak launch. This captivating home would make a wonderful primary or secondary home. Only 35 miles to the Spokane Airport. Live work and play in CDA! Come live the waterfront life and make memories that will last a lifetime. An absolute MUST SEE dream home!

CLICK HERE  FOR MORE INFORMATION ON ATLAS WATERFRONT PARK PROJECT

OFFERED AT $3,150,000

  1. Do VA loans require a down payment?

No! One of the biggest benefits of a VA loan is that no down payment is required for eligible buyers.

  1. Do VA loans require private mortgage insurance (PMI)?

No, VA loans do not require PMI, which can save you hundreds of dollars per month compared to conventional loans.

  1. What is the VA funding fee, and do I have to pay it?

The VA funding fee is a one-time fee that helps sustain the VA loan program.

  • First-time use: 2.15% of the loan amount (if putting 0% down).
  • Subsequent use: 3.3%.
  • Exemptions: If you have a service-connected disability, you may qualify for a waiver.
  1. What credit score and debt-to-income (DTI) ratio do I need?

There’s no official VA credit score requirement, but check with your lender. 

  • DTI ratio should generally be 41% or lower, but exceptions exist for strong borrowers.
  1. Can I use a VA loan to buy a vacation home or rental property?

No, VA loans are only for primary residences. You must live in the home you purchase.

  1. Does the home need to meet specific requirements?

Yes, VA loans have Minimum Property Requirements (MPRs) to ensure the home is safe, sound, and sanitary.

  • Common issues: peeling paint, broken windows, roof damage, or exposed wiring could cause delays.
  1. What’s the difference between a VA appraisal and a home inspection?
  • VA appraisal: Required to determine value and basic safety.
  • Home inspection: Optional but recommended to check for hidden issues.
  1. Can the seller pay my closing costs?

Yes! Sellers can contribute up to 4% of the loan amount toward your closing costs and concessions, which can help cover expenses like property taxes or discount points.

  1. Can I transfer my VA loan to someone else?

Yes! VA loans are assumable, meaning another qualified buyer can take over your loan’s terms—this can be a huge advantage if interest rates rise.

  1. Can I use my VA loan benefit more than once?

Yes! Your VA entitlement can be restored if you pay off or transfer your previous VA loan, allowing you to use the benefit again.

 

Thank you to Jaclyn Scotch for sharing her insights and expertise on VA Home Loans. Here is her contact info:

Jaclyn Scotch

Home Loan Officer

Location: Coeur d’Alene

Cell: (208) 215-1814

If you have questions about navigating today’s market or need a recommendation, reach out! I’m here to help you make smart, confident moves.

Michelle Rene

Real Estate Associate Broker, REALTOR

Cell: (208) 699-5350