Cottage Site Transactions

State endowment trust land has been leased for use as residential sites, known as cottage sites, since the early 1900s. Over the past several decades cottage site lessees have expressed a desire to purchase the endowment land they lease, thus unifying the estate (ownership) of both structure (cottage) and land (site).In 2010, the Land Board voted to divest ownership of cottage sites at Priest Lake and Payette Lake and directed IDL to develop the voluntary auction for ownership (VAFO) process. In 2018, the Land Board approved a plan that would allow for additional VAFO auction cycles through 2024.

 

Updates: Cottage Site Auctions

• The next auction for leased lots at Priest Lake will be held at the BEST WESTERN, CDA Inn, 506 W Appleway Avenue, CDA, ID 83814 on Saturday, August 13, 2022. See the list of lots up for auction.
• The next auction for leased lots at Payette Lakes will be held at the Waters Edge Event Center, 287 E Shore Dr, Eagle, ID 83616 on Wednesday, September 14, 2022. See the lists of lots up for auction.
• Information on leased sites that will be available at auction for Priest Lake and/or Payette Lakes will be available in summer 2022 and can be viewed at Corbett Bottles.

Voluntary Auction for Ownership

• The applicant must be the current cottage site lessee in good standing.
• The auction is a public, oral, competitive auction.
• Each site is actively marketed prior to the auction date.
• Anyone can participate in a direct sale auction after going through the application process.

Unleased Land Auction

• The next auction for unleased lots at Priest Lake will be held at BEST WESTERN, CDA Inn, 506 W Appleway Avenue, CDA, ID 83814 on Saturday,  August 13, 2022. See the list of lots up for auction.
• The next auction for unleased lots at Payette Lakes will be held at the Waters Edge Event Center, 287 E Shore Dr, Eagle, ID 83616 on Wednesday, September 14, 2022. See the list of lots up for auction.
• Information on unleased sites that will be available at auction for Priest Lake and/or Payette Lakes will be available in summer 2022 and can be view at Corbett Bottles.
• The auction is a public, oral, competitive auction.

New for 2022 Auctions – On-line Bidding Option

This year, lessees and non-lessee bidders have the option to bid on-line using the platform Proxibid. Please see information and instructions: 1) Remote Bidding Information and 2) Holding Earnest Money (Remote Bidder). Please e-mail Emily Mueller at emily@markbottles.com at Corbett Bottles Real Estate Auctions, for more information.

Land Exchange

The IDL director suspended all pending and future land exchange proposals involving cottage sites from consideration or further evaluation until the legal and policy related concerns about cottage site land exchanges can be further examined.