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Home / IBR Headlines / State auctions off 14 cottage lots at Payette Lake for $7.9 million (access required)

State auctions off 14 cottage lots at Payette Lake for $7.9 million (access required)

The latest auction of state-owned lakefront lots yielded $7,895,500. As typically happens, the cottage owners at the June 23 auction in Boise were the only bidders on 12 of the 14 Payette Lake lots.  Their bids were the same as the appraised values of the state-owned land beneath their homes. One cottage owner was outbid and must ...

About Teya Vitu

Teya Vitu is an Idaho Business Review reporter, covering commercial real estate, construction, transportation and whatever else may intrigue him in the moment. Join me on Twitter at @IBR_TeyaVitu.