Metaline Falls is an absolutely beautiful place to live, work, and play. With that being said, it is not too surprising that the real estate market is very competitive and thus extremely lucrative. At the present moment, there is a limited supply of both homes and land for sale in Metaline Falls. Even the surrounding areas only have a few parcels and properties for sale. Thus, when property does become available in the Metaline Falls areas, you must act quickly. In terms of land for sale here, currently, there are only two land plots for purchase - a smaller land lot/minimal acreage with an existing structure for only $110,000 and 19.6 acres for approximately $300,000. Clearly, these two parcels are very different in size, potential, and overall price. Therefore, to better assist you in your decision, here are a few noteworthy property features to take into consideration before making your purchase.
This particular Metaline Falls acreage is a great buy. Here, you have just enough acreage to either start new construction or renovate the existing structure. These .19 acres are currently zoned for both residential and commercial buildings. Presently, the existing structure here was previously used as a rental property. If you prefer to purchase this land plot and have instant cash flow then, you can easily rent out this duplex structure with a few minor improvements. Since this acreage was being used for residential purposes at one point in time, this lot has preinstalled utilities (power, city water, phone, and sewage). This land plot also has road access and is only a few minutes away from the banks of the Pend Oreille River. Overall, this a great opportunity if you are looking to get your feet wet in the Metaline Falls real estate market, especially considering the price.
Alternatively, for only $300,0000, you can purchase a sizable land plot located in the center of it all. This 19.6-acre lot has over 80% forested land, open pastures, and several free-standing structures (30x40 shop, equipment shed, partial fencing, etc.) plus covered RV parking. Here, you will mainly find a flat topography. The current owner of this ample acreage has constructed a 2-bedroom manufactured home, which can also be renovated or removed. As a whole, this particular land plot is an ideal hunting grounds, especially with its wealth of timberland. This available plot is also perfect for camping and RV stays. Much like the other parcel for sale, this acreage has been zoned for both commercial and residential use. You will also find preinstalled utilities due to the existing manufactured home and RV stays. Ultimately, with so much acreage, this land plot is prime for new residential construction and mixed-use.
Of course, if you are looking for more options, then you should take a look at the available acreage in Colville. Colville is a nearby rural community with an abundance of land for sale. Here, these land plots range from .28 acres to 149.39-acre lots. In terms of pricing, Colville has affordable parcels starting at $22,000. Moreover, Colville's available land for sale offers a broader range of topography, including acreage with waterfrontage, forested area, Pend Oreille River low bank frontage, rolling acreage, property bordering the National Forestry, plus 20-plus acre-lots with private creeks, fishing, hunting, and nature trails. At the end of the day, Colville is less than 20 miles away from Metaline Falls, has more options presently, and still has access to the Pend Oreille River. Thus, if you are not entirely sold on Metaline Falls already, you might want to consider checking out several of the available properties in Colville before they're gone.