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The Idaho Club - Sandpoint, Idaho
The Idaho Club, one of the most picturesque semi-private golf and lakefront communities in America, is back in business after being recapitalized under new ownership. Situated in the small northwestern town of Sandpoint in the Idaho Panhandle, the Idaho Club reopened last May when the Jack Nicklaus Signature Course played host to the Sandpoint High School Invitational.
One week later the development's new ownership, Valiant Idaho LLC, officially relaunched the community's real estate sales efforts. This past week, the club’s ownership introduced Jim Matoska and his Red Earth Corporation team as the Idaho Club’s new sales and marketing partners.
One of the main reasons Valiant Idaho LLC Principal William Haberman was drawn to the distressed asset several years ago is the community's "perfect trifecta" of outdoor amenities and natural beauty.
For instance, Haberman, an Orlando-based real estate developer and investor, says residents and guests hav e the rare opportunity to play the state’s only Nicklaus-designed championship course, enjoy pristine Lake Pend Oreille, one of the deepest and longest lakes in America, and visit the nationally-acclaimed ski resort at Schweitzer Mountain all in one weekend.
In conjunction with the renewed property sales efforts, the Idaho Club also released architectural renderings of what will be the new “modern mountain” clubhouse and a future lake club. The prior clubhouse was destroyed by a fire in 2008, and Valiant Idaho plans to rebuild in the same footprint and on the same foundation.
According to Haberman, Alex Murray of Idaho Pinnacle Properties remains the local broker of record and will work closely with Matoska, whose Red Earth team is known for marketing numerous master-planned resort-style communities nationwide.
The Idaho Club offers a variety of real estate options for sale, including low-maintenance golf course homesites to grand estate lots on the peaks of Moose Mountain overlooking Lake Pend Oreille. Smaller homesites are priced from $85,000-$150,000 with golf course views and wooded/preserve settings. Larger lots range in price from $175,000-$750,000 for estate-sized homes with premium mountain vistas.
Overall, the Idaho Club will be a low-density development of some 350 luxury lodge homes ranging in size from 2,800 square feet with golf and lake water views to 5,000-square-foot estate homes that offer sweeping mountain, golf and water views.