Neighborhood of the week: Harbor View Estates

cdapressReblogged from the Coeur d'Alene Press

Originally Posted: Sunday, January 25, 2015 12:00 am

By BETH HANGGELI/Special to The Press

When you travel south from Coeur d'Alene on Highway 95, it's as if you're entering another world. You trade people and traffic for cattle, horses and elk; prairies and mountains for forested hillsides and pastoral flats.

However, the lake is a constant, stretching 25 miles south of town. Head east from Highway 95 and within minutes, you're gazing at its crystal blue waters. And if you turn onto Kidd Island Bay Road and wind your way through the varied, forested terrain, you'll soon find yourself gazing at those waters from Harbor View Estates.

ROCO Habor View
Randy and Christy Oetken are Realtors with Windermere Coeur d'Alene Realty, representing Harbor View Estates. Photo by BETH HANGGELI

Harbor View Estates is a gated neighborhood located approximately 18 minutes south of Coeur d'Alene. It's a quiet, serene, exclusive community of high-quality homes, with spectacular lake views, towering trees, and abundant wildlife.

"It's a very unique subdivision further out of town, upscale and well maintained," said Randy Oetken, a Realtor with Windermere Coeur d'Alene Realty, representing Harbor View Estates.

"It is a wonderful development, really," said Christy Oetken, also a Realtor with Windermere.

The first thing you notice when you enter this secluded neighborhood – well, besides the trees, wildlife, beautiful homes and incredible views – is how peaceful it is. "The really nice thing is that it's very quiet," Christy said. "There's no freeway or railroad noise. That's the hardest thing to find and still be close to town."

Lots are generally between .39 of an acre and 3 acres, with interior lots averaging .5 acres; most have breathtaking lake or territory views. Houses are scattered throughout the neighborhood, tucked into forested corners, clinging to rocky hillsides, nestled in lavishly landscaped nooks. And everywhere, there are trees. "The properties up here give the owners room to stretch out," Randy said. "Being as though they're on acreage, it's nice; you can get some distance between neighbors."

The stately homes in Harbor View Estates, are on larger lots, most with abundant natural landscaping and many with stunning lake views.

The developers left naturally landscaped green spaces throughout the neighborhood, and the larger lot sizes mean that there's plenty of natural terrain between the homes. "You have plenty of green space of your own," Christy said. There are a few lots available, both interior and lakeview, if you'd like to build your dream home in this serene neighborhood.

The HOA has a dedicated website to help keep residents informed, and a board of directors that guide the association. Dues are around $95/month, which include water and sewer services as well as maintenance of the roads and common areas, such as the waterfront picnic area and beach. They have their own water and sewage treatment plants.

The HOA pays close attention to every detail in this community, down to requiring builders to sweep the streets each evening, once the day's construction work is done. "The HOA has done a magnificent job maintaining the neighborhood," Christy said. "They've done a good job protecting the quality."

Residents have access to the community beach and pavilion, perfect for swimming or picnicking with family and friends on warm summer afternoons. There's a 17-slip marina owned by the Harbor View Boat Association; slips may become available for lease or purchase from time to time, but interested parties must contact that association directly.

A number of the area's premier homebuilders are represented in Harbor View Estates, such as JLR Developments. President and owner Joe Rumore has been building quality homes in North Idaho for 20 years. His houses regularly appear in the Parade of Homes, and has built in Selkirk Meadows and on Grandview in Hayden, among other prime locations.

"There's a nice variety of architectural styles," Randy said. "It's definitely not a cookie-cutter neighborhood." You'll find log homes next to Northwest Craftsman homes next to brick homes; actively enforced CC&Rs and architectural restrictions help protect their value.

Prices for properties in Harbor View Estates start at $350,000 and go up to $2 million. In 2014, homes that sold were priced from $375,000 to $950,000. There are currently two on the market, ranging from $599,900 to $1,595,000.

Residents take full advantage of the security of their gated community, walking the winding roads and enjoying the views of the lake. You'll find abundant wildlife: deer browse along the sides of the roads and nestle in front yards on sunny winter afternoons, and flocks of wild turkeys are a constant source of entertainment.

As the HOA website states, "Stop and listen to the quiet. It is remarkable."

If you're interested in owning one of the stately homes in this serene neighborhood, contact Randy and Christy Oetken at (208) 660-0506 for more information on the available properties in Harbor View Estates.

If there's a neighborhood that you'd like to see featured in this series, please contact Beth Hanggeli at (208) 659-8367 or

Neighborhood of the week: Harbor View Estates

Posted on January 26, 2015 at 1:03 pm
Randy and Christy Oetken | Posted in Browser, Browser's Friends, Business, Buyers, Coeur d'Alene, Coeur d'Alene Listings, Harbor View Estates, Idaho, Kootenai County, Lake Coeur d'Alene, Lake View, Lakefront Properties, Luxury, Market Analysis, Market News, Market Value, Premier Property, Press Releases about the Oetkens, Real Estate, Trakker, Trakkers Tail, Water View, Water View, Windermere | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , ,

Bush Tax Cuts May Expire January 1: Homeowners of $1 M+ Properties Beware

Bush Tax Cuts May Expire January 1: Homeowners of $1 M+ Properties Beware


Do you own a home valued over 1 million dollars? Beware! Congress may allow the Bush Tax Cuts to expire on January 1, 2013. What does this mean for homeowners of properties valued over $1,000,000? Capital Gains taxes may rise as high as 20% from the current 15%. CNBC reports that if these go into effect, wealthy home owners could owe millions of dollars more in taxes on their home sales. Because Bush Tax Cuts may expire January 1, Homeowners of $1 M+ Properties are contacting REALTORS across the country, hoping to get their home on the market and sold before January 1.

Source: “Wealthy Home Owners Brace for ‘Mansion Cliff,’” CNBC (July 13, 2012)

But don’t panic! Regardless of the rate rise, the $500,000 capital gains exclusion remains in effect. This means that, under the current federal Tax Code, any sales gain of $250,000 or less for single filers and $500,000 or less for married couples filing jointly will still be exempt from capital gains tax. So…is it time to rush right out and sell your $1,000,000+ property? Can you afford to take your time? The best way for you to make that decision is to call The Oetkens! We have our finger on the pulse of the North Idaho Real Estate Market, and we keep a close eye on the news, politics, and other factors that can have a major influence on the Coeur d’Alene Real Estate market. Let’s start by establishing the current market value of your property.

Call us today for a complimentary Comparative Market Analysis.

Randy or Christy Oetken


Once we establish the value of your property, then we can help you determine the wisest course of action based on your specific circumstances. We’re in the business of helping you Own The Lifestyle. We have proven strategies for optimizing your Real Estate Investment Portfolio, and we have the experience, education and expertise you can trust. Call us today! Call

Randy or Christy Oetken


Windermere Coeur d’Alene Realty


For more information on our local Real Estate Market, visit

Posted on August 1, 2012 at 12:13 pm
Randy and Christy Oetken | Posted in Home Ownership, I.R.S., Luxury, Market Analysis, Market News, Market Value, Premier Property, Real Estate, Save Money, Sell, Sellers, Taxes |

Historically Low Interest Rates = More House for Your Money

Now is a TERRIFIC time to purchase a home!

BUY NOW, while rates are low.


Randy and Christy Oetken


Want to search the Coeur d’Alene Multiple Listing Service for available properties?

Our website features a No-Registration, No Hassle Search Tool!


Posted on March 12, 2012 at 11:03 am
Randy and Christy Oetken | Posted in Home Ownership, Interest, Market Value | Tagged , , , , , ,

USA Today: Housing Outlook is More Upbeat

We thought you would want to see this article… more encouraging news about the U.S. Housing Market! You can get the pdf version on our website:

Housing outlook is more upbeat


By Julie Schmit, USA TODAY

Updated 1/16/2012 2:12 PM



Optimism is building that the housing industry is nearing a bottom — finally.

A home in Brookline, Mass.

By Steven Senne, AP file 

A home in Brookline, Mass.



Home sales and home building are forecast to rise this year after sliding steeply the past five years in housing’s worst downturn since the Great Depression.

Recovery is expected to be slow, and home prices are widely expected to fall this year. But investors are betting on the start of an upturn, bidding up home builder stocks and causing them to outperform the broader stock market.

Chief executives are more positive. JPMorgan Chase’s Jamie Dimon said last week that housing is near its bottom but could stay there a year. Stuart Miller, CEO of home builder Lennar, said the market has started to stabilize because of low prices and record-low interest rates.

Market researcher RBC Capital Markets has also turned from a “bearish” view on housing to saying that 2012 “will mark a step in the right direction.”


Many economists expect home prices to fall more this year because of foreclosures and other properties sold at very low prices.

As foreclosures pick up this year, “prices will drop,” says Stan Humphries, Zillow chief economist. He says home prices won’t bottom until later in 2012 or next year.

On average, prices have fallen by about a third since 2006.

“This year will feel a lot better to builders, investors and real estate agents than to consumers,” says Jed Kolko, economist for real estate website Trulia.

Housing’s outlook is brightening with signs of a better economy. Last month, U.S. employers added 200,000 jobs, and the unemployment rate fell to 8.5%, lowest in nearly three years.

While an economic shock could derail progress, “there’s now more evidence of improvement in the economy, and housing will follow the economy,” says David Crowe, chief economist at the National Association of Home Builders. More improvement is expected for:

Sales. Existing home sales will rise 12% this year after a 2% increase last year, and new home sales, coming off a horrid year, will jump 74% this year, Moody’s Analytics predicts.

November’s existing home sales hit their highest mark in 10 months, and new home sales were the year’s second best, IHS Global Insight says.

Construction. Single-family housing starts will rise 37% this year, Moody’s predicts, after falling 9% last year.

Home builder stocks are on a run. The S&P 1500 homebuilding index is up 38% since mid-October, vs. 7% for the S&P 500.


For more information about reprints & permissions, visit our FAQ’s. To report corrections and clarifications, contact Standards Editor Brent Jones. For publication consideration in the newspaper, send comments to Include name, phone number, city and state for verification. To view our corrections, go to



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Posted on February 10, 2012 at 2:49 pm
Randy and Christy Oetken | Posted in Market Value | Tagged , , , , , , , ,

Windermere Market Review for 2011 is Available Now

The annual Windermere Market Review is now available.
Call to get your copy today!
We’d love the opportunity to use that information to help you
achieve your Real Estate goals.

Let’s get together to review your
portfolio and to plan your investment strategies for 2012.

Randy & Christy Oetken


What is your home worth in today’s market?

Call for your FREE Comparative Market Analysis.

Posted on February 9, 2012 at 2:44 pm
Randy and Christy Oetken | Posted in home, Idaho, Investment Properties, Kootenai County, Market Analysis, Market News, Market Value, Statistics, Stats, Windermere | Tagged , , , , , , , , , , , , , , ,

North Idaho Real Estate Market Stats: Residential Coeur d’Alene MLS January 1 – December 31 2011

What is Your Home Worth?

Are you interested in what your home is worth in today’s market?

We can help you get the most for your real estate investment.

Give us a call for a Free Market Analysis.

~Randy, Christy & “Trakker

Call us today!

Want to know more about what’s going on in our area? We post Market News regularly on each of these internet sites:

Check out our blog

Like us on Facebook
The Oetken Group: Own The Lifestyle

Visit our Website

Posted on January 31, 2012 at 2:02 pm
Randy and Christy Oetken | Posted in Market Analysis, Market News, Market Value, Multiple Listing Service, Statistics, Stats, Windermere | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , ,

What is Your Home Worth?

Are you interested in what your home is worth in today’s market?

We can help you get the most for your real estate investment.

Give us a call for a Free Market Analysis.

~Randy, Christy & “Trakker

Call us today!

Want to know more about what’s going on in our area? We post Market News regularly on each of these internet sites:

Check out our blog

Like us on Facebook
The Oetken Group: Own The Lifestyle

Visit our Website

Posted on January 31, 2012 at 1:58 pm
Randy and Christy Oetken | Posted in Free, Market Analysis, Market News, Market Value, Multiple Listing Service, Statistics, Stats, Windermere | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , ,

GOOD NEWS! Pending Home Sales UP 49%

“The price of new homes is fixin’ to RISE
In other words, Beat the Crowd!”

Hello, Friends!

When was the last time you heard THAT???

Today, we thought we’d pass along this VERY GOOD NEWS to give your spirits a better-than-average lift.  Reading graphs like this is such a pleasure…

Pending Home Sales are UP 49% over last year!

Great news – statisically speaking. Market stats (as provided by the CDA Multiple Listing Service) shows that PENDING HOME SALES ARE UP 49% when comparing May and June of 2010 to May and June of June 2011. Right now a very hot segment of the market are those homes selling for less than $200k. If you are thinking of selling…there are plenty of investors in the market.

Call us for more info if you’re interested in Buying or Selling
We’d love to help you find the perfect property under (or over!) $200K



We thought you would like the article we posted a few weeks ago, originally posted in Fortune Magazine, by Shawn Tully, senior editor-at-large.

Real Estate: It’s Time to Buy Again

Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing.…(click on this link to read the entire article)


Randy & Christy

Posted on July 21, 2011 at 2:48 pm
Randy and Christy Oetken | Posted in Bank-Owned, Buyers, Coeur d'Alene, Foreclosures, graph, Home Ownership, Idaho, Interest, Investment Properties, Kootenai County, Market News, Market Value, Mortgage, Multiple Listing Service, New Construction, Our Listings, Price Reduction, Pricing, Real Estate, Rental, Save Money, Sell, Sellers, Short Sale, Taxes | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

US News: Post Falls Named one of 10 Best Affordable Mountain Towns for Retirement

There you have it! has discovered what the rest of us have known all along.  This time, Post Falls has been recognized in the Top 10 Most Affordable Mountain Towns for Retirement.  Below are excerpts from the full article:

10 Best Affordable Mountain Towns for Retirement

These places offer scenic views and groomed slopes at economical prices.

By Emily Brandon

Posted: July 12, 2010

…To find this and other low-cost mountain towns, U.S. News fired up our Best Places to Retire search tool. We looked for places that offer access to plenty of skiing, trails, and wildlife, while still providing affordable housing and a reasonable cost of living. We also used the Onboard Informatics data to screen for other retiree-friendly characteristics, such as access to healthcare and a low crime rate…

Few aspiring retirees have enough saved to buy a retirement home in Aspen or Lake Tahoe. But if you’re willing to look beyond the most well-known ski resorts there are mountain towns that offer scenic views and well-groomed slopes at far more affordable prices. In Salt Lake City, the host city for the 2002 winter Olympics, the average home sale price has dropped by 11.92 percent since last year. And in Bend, Ore., average housing prices decreased by a whopping 17.62 percent since 2009. Redding, Calif. and Post Falls, Idaho have also experienced recent drops in average housing prices, which could mean bargains for newcomers. …

Check out these 10 affordable places to retire in the mountains:

Blacksburg, Va.

Bend, Ore.

Boone, N.C.

Bozeman, Mont.

Burlington, Vt.

Colorado Springs, Colo.

Fayetteville, Ark.

Post Falls, Idaho

Redding, Ca.

Salt Lake City, Utah


We have POST FALLS Listings!

Inverness Drive, Post Falls

Priced to SELL FAST!
Gas Fireplace & 3 Car Garage

Huge Home & Shop on Acreage

on 4.5 Acres
4 Beds, 3 Baths
3240 Sq Ft

Leatherwood Estates

Build your Custom Estate
Two 10 Acre Parcels available
Lake Newman, Mountain & Valley Views

Post Falls Duplex

1800 sq ft Duplex
2BR/1BA Units
Great Rental History


Visit Our website,


Our Listings


as well as

ALL of the listings on the Coeur d’Alene Multiple Listing Service

plus our

Hot Sheet 
(brand new listings on the market)


Market News

Posted on April 14, 2011 at 3:09 pm
Randy and Christy Oetken | Posted in Buyers, home, Home Ownership, Idaho, Kootenai County, Market Value, Multiple Listing Service, Our Listings, Photographs, Post Falls, Post Falls Listings, Post Falls Listings, Real Estate, Save Money | Tagged , , , , , , , , , , , , , , , ,

Should I Buy or just Rent? A Cost/Benefit Analysis

You might be surprised to find that a careful Cost/Benefit Analysis still favors BUYING, despite increasing interest rates.  Here’s one scenario:

What Does Opportunity Cost Mean?
Here is a great explanation we found at
1. The cost of an alternative that must be forgone in order to pursue a certain action. Put another way, the benefits you could have received by taking an alternative action.2. The difference in return between a chosen investment and one that is necessarily passed up. Say you invest in a stock and it returns a paltry 2% over the year. In placing your money in the stock, you gave up the opportunity of another investment – say, a risk-free government bond yielding 6%. In this situation, your opportunity costs are 4% (6% – 2%).
Investopedia Says
Investopedia explains Opportunity Cost
1. The opportunity cost of going to college is the moneyyou would have earned if you worked instead. On the one hand, you lose four years of salary while getting your degree; on the other hand, you hope to earn more during your career, thanks to your education, to offset the lost wages.Here’s another example: if a gardener decides to grow carrots, his or her opportunity cost is the alternative crop that might have been grown instead (potatoes, tomatoes, pumpkins, etc.).In both cases, a choice between two options must be made. It would be an easy decision if you knew the end outcome; however, the risk that you could achieve greater “benefits” (be they monetary or otherwise) with another option is the opportunity cost.

Of course, we realize that every situation is unique. 
We’d love to help you decide if buying is right for you.  Let us help you calculate your own Cost/Benefit Analysis.
Contact Randy & Christy Oetken for more information!


Posted on April 14, 2011 at 2:11 pm
Randy and Christy Oetken | Posted in Buyers, Home Ownership, Idaho, Interest, Market Analysis, Market News, Market Value, Mortgage, Our Listings, Pricing, Real Estate, Rental, Save Money | Tagged , , , , , , , , , , , , , , , , , , ,