- Associated Press - Friday, September 25, 2015

COEUR D’ALENE, Idaho (AP) - The state’s next auction for lots on Priest Lake in northern Idaho will feature sites that are unleased, which state officials hope will result in more competitive bidding.

The Spokesman-Review reports (https://bit.ly/1MtWTYN ) Saturday’s auction at the Coeur d’Alene Resort will feature nine unleased lakefront lots, seven of which have cabins.

The lots going up for sale have minimum prices ranging from $384,000 to $621,000. The cabins can be purchased for less than $50,000. The winning bidders will receive full ownership of the properties.

Idaho Department of Lands official, Sid Anderson, says previous auctions had received little bidding competition, as potential bidders may have been reluctant to bid against longtime cabin owners who leased the land.

The money from the auction will go toward Idaho public schools.


Information from: The Spokesman-Review, https://www.spokesman.com

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