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 in Summer 2023.
- No applications were submitted for the 2023 VAFO Payette Lakes Auction cycle, therefore, no auction will be scheduled.
- Information on leased sites that will be available at auction for Priest Lake will be available in summer 2023 and can be viewed at Bottles Real Estate Auctions upon availability of materials (anticipated in July 2023).
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.
Contact
Real Estate Services
Boise Staff Office
(208) 334-0200
Additional Resources
- Remote Bidding Information
- Instructions (ID) Holding Earnest Money (Remote Bidder)
- 2024 Cottage Site VAFO Plan – Land Board memo, July 2018
- News Release: Idaho cleared to auction remaining, new lake lots through 2024
- Memo to Land Board on Cottage Site Plan – 2010
- Priest Lake Recorded Subdivision Plats & Easements
- Payette Lake Recorded Subdivision Plats
2022 VAFO Payette Lake Auction Cycle
Lease Number | CS Address | Subdivision | Lot | Block | Plat Acreage | County | Appraised Land Value | Appraised Personal Property Value |
---|---|---|---|---|---|---|---|---|
R500056 | 1 Cougar Island, McCall, ID 83638 | Cougar Island | 2 | 1 | 2.52 | Valley | $2,025,000 | $1,565,000 |
R500287 | 2242 Warren Wagon Road, McCall, ID 83638 | Amended Cedar Knoll Acres | 2 | 7 | 0.15 | Valley | $380,000 | $105,000 |
R500319 | 997 Squirrel Lane, McCall, ID 83638 | SW Payette Cottage Sites | 1 | 14 | 0.4 | Valley | $400,000 | $330,000 |
2022 ULA Payette Lake Auction Cycle
Lease Number | CS Address | Subdivision | Lot | Block | Plat Acreage | County | Appraised Land Value | Appraised Personal Property Value |
---|---|---|---|---|---|---|---|---|
U225005 | 20 Big Cougar Island, McCall, ID 83638 | Cougar Island | 1 | 1 | 3.47 | Valley | $148,4000 | n/a |
U225006 | 5 Big Cougar Island, McCall, ID 83638 | Cougar Island | 3 | 1 | 3.35 | Valley | $2,557,000 | n/a |
U225007 | 10 Big Cougar Island, McCall, ID 83638 | Cougar Island | 4 | 1 | 1.93 | Valley | $1,286,000 | n/a |
U225008 | 15 Big Cougar Island, McCall, ID 83638 | Cougar Island | 5 | 1 | 2.94 | Valley | $1,418,000 | n/a |
U225009 | Whole - Cougar Island, McCall, ID 83638 (includes Lot 2, Block 1 in VAFO) | Cougar Island | 1-5 | 1 | 14.21 | Valley | $8,770,000 | 1565000 |
2022 VAFO Priest Lake Auction Cycle
Lease Number | CS Address | Subdivision | Lot | Block | Plat Acreage | County | Appraised Land Value | Appraised Personal Property Value |
---|---|---|---|---|---|---|---|---|
R100158 | 122 Hess Point Road, Coolin, ID 83821 | Hess Point | 13 | 1 | 1.76 | Bonner | $2,160,000 | $1,795,000 |
R100372 | 179 Eight Mile Road, Coolin, ID 83821 | Horton Creek | 31 | 1 | 0.88 | Bonner | $1,115,000 | $750,000 |
R100079 | 362 N Cape Horn Road, Coolin, ID 83821 | Powerline | 2 | 1 | 1.49 | Bonner | $665,000 | $163,000 |
R100389 | 64 Janet Lane, Coolin, ID 83821 | Powerline | 8 | 3 | 0.66 | Bonner | $1,013,000 | $807,000 |
R100036 | 410 N Steamboat Bay Road, Coolin, ID 83821 | Soldier Creek | 11 | 1 | 0.61 | Bonner | $985,000 | $492,000 |
R100026 | 592 N Steamboat Bay Road, Coolin, ID 83821 | Soldier Creek | 3 | 1 | 1.05 | Bonner | $1,031,000 | $346,000 |
R100305 | 1174 Cape Horn Road, Coolin, ID 83821 (aka 36 Mission Court, Coolin, ID 83821) | Woody's Point | 49 | 1 | 1.12 | Bonner | $794,000 | $831,000 |
2022 ULA Priest Lake Auction Cycle
Lease Number | CS Address | Subdivision | Lot | Block | Plat Acreage | County | Appraised Land Value | Appraised Personal Property Value |
---|---|---|---|---|---|---|---|---|
U221001 | NNA Upper Bear Creek Road, Coolin, ID 83821 | Bear Creek | 12 | 1 | 0.66 | Bonner | $673,000 | N/A |
U221016 | NNA Hess Point Road, Coolin, ID 83821 | Hess Point | 3 | 1 | 0.59 | Bonner | $901,000 | N/A |
U221018 | NNA State Cabin Road, Coolin, ID 83821 | Two Mouth Creek | 3 | 1 | 1.07 | Bonner | $1,155,000 | N/A |