Wallace Real Estate

Wallace Real Estate

Welcome to Wallace, a charming city nestled in Shoshone County, Idaho. Known for its rich history and stunning natural beauty, Wallace is a hidden gem that offers a unique living experience for both residents and visitors alike.

Located in the heart of the Silver Valley, Wallace has a population of approximately 780 people, making it a close-knit community where neighbors become like family. The city is surrounded by breathtaking mountain ranges, including the Bitterroot Mountains and the Coeur d'Alene Mountains, providing outdoor enthusiasts with endless opportunities for hiking, biking, skiing, and fishing.

Wallace is also famous for its mining heritage, as it was once the epicenter of the silver mining industry. Today, the city proudly preserves its past, with many historic buildings and museums that showcase the area's rich history. Visitors can explore the Sierra Silver Mine Tour or take a stroll through the Wallace Historic District, which is listed on the National Register of Historic Places.

In addition to its historical significance, Wallace offers a vibrant downtown area with unique shops, art galleries, and cozy cafes. The city hosts various events throughout the year, including the Wallace Blues Festival and the Huckleberry Festival, which celebrate local culture and traditions.

For those looking to call Wallace home, the real estate market offers a range of options. From charming Victorian-style homes to modern apartments, there is something to suit every taste and budget. The community's strong sense of camaraderie and small-town charm make Wallace an ideal place to settle down and create lasting memories.

Whether you are seeking adventure in the great outdoors or a peaceful retreat in a welcoming community, Wallace, Idaho, has it all. Come and discover the beauty and warmth of this unique city in the heart of Shoshone County.

Newest Listings in Wallace

$260,000
3 Beds ⋅ 2 Baths ⋅ 20262182 MLS
Come see this 3 bedroom 2 bathroom manufactured home with 1248 sq.ft. on a large .21 acre corner lot just outside the quaint town of Wallace Idaho. Interior features include numerous custom cabinets in the kitchen, a walk-in tile shower in the master suite, vaulted ceilings, and a large dining area. In addition to the gorgeous mountain views on several sides the exterior features include several outbuildings for storage and a workshop, a carport to protect two vehicles from the elements, a firepit, stone walkway, chain link and wood fencing, and nice trees and shrubs. Explore and fall in love with Wallace with its shops, museum, community pool, restaurants, and special public events throughout the year including the annual huckleberry festival.

122 2nd Ave, Wallace
$260,000
3 Beds ⋅ 2 Baths ⋅ 26-9044 MLS
Come see this 3 bedroom 2 bathroom manufactured home with 1248 sq.ft. on a large .21 acre corner lot just outside the quaint town of Wallace Idaho. Interior features include numerous custom cabinets in the kitchen, a walk-in tile shower in the master suite, vaulted ceilings, and a large dining area. In addition to the gorgeous mountain views on several sides the exterior features include several outbuildings for storage and a workshop, a carport to protect two vehicles from the elements, a firepit, stone walkway, chain link and wood fencing, and nice trees and shrubs. Explore and fall in love with Wallace with its shops, museum, community pool, restaurants, and special public events throughout the year including the annual huckleberry festival.

122 2nd, Wallace
$1,799,900
6 Baths ⋅ 26-9007 MLS
Step into a truly turnkey investment opportunity in the heart of historic Downtown Wallace, Idaho. Originally constructed in 1914, The Camia has been thoughtfully renovated and transformed into a sophisticated mixed-use property that blends historic character with modern infrastructure and contemporary design. Located just 15 minutes from both Lookout Pass and Silver Mountain ski resorts, the property offers an exceptional combination of commercial, hospitality, and residential income potential in one of North Idaho's most unique and desirable historic communities. An extensive renovation was completed in 2023, encompassing a comprehensive interior engineering and remodel. Improvements include exposed post-and-beam construction, all-new plumbing, HVAC, and electrical systems, dual-pane energy-efficient windows, and a new roof. The renovation was designed to preserve the building's historic charm while providing the functionality, efficiency, and quality expected from a modern investment property. All completed work was permitted through the applicable City, County, and State authorities. The street level features an upscale, beautifully designed bar and lounge with a dedicated cigar/library sitting room, creating an inviting and distinctive atmosphere for guests and patrons. The commercial portion of the building encompasses approximately 5,625 square feet with impressive vaulted ceilings ranging from approximately 12 to 16 feet. Adjacent to the lounge is an additional 1,875-square-foot open restaurant space, ready for the next owner to design and build out according to their vision. This space provides significant opportunity for an operator, restaurateur, or investor looking to establish a complementary hospitality concept within the property. Both buildings also include an approximately 1,875-square-foot basement, offering additional storage, operational, or future-use potential. The second and third floors feature four fully furnished, beautifully appointed lofts. Each unit offers an open-concept floor plan, a full kitchen with stainless steel appliances, stylish bathrooms with oversized walk-in dual-head showers, and dedicated laundry facilities. The lofts have been designed to accommodate both short-term and long-term rental strategies, providing flexibility for an owner/operator or investor. Modern security and access-control systems have also been integrated throughout the property. The main lobby entrance and individual loft doors feature key and/or keyless access systems utilizing codes. A remotely monitored Smart CCTV security system is installed throughout the property, providing additional convenience and security for both ownership and guests. Throughout The Camia, careful attention has been given to preserving the building's historic identity. Modern finishes and newly upgraded infrastructure complement original exposed brick and architectural character. The result is a rare combination of historic charm, modern functionality, and turnkey operating potential. With its prominent Downtown Wallace location, proximity to two ski resorts, extensive 2023 renovations, multiple commercial spaces, four furnished lofts, and significant additional square footage, The Camia presents a unique opportunity to acquire a fully renovated mixed-use property with diverse potential income streams and future upside.

216-220 6th, Wallace
$450,000
2 Baths ⋅ 26-8679 MLS
Prime commercial opportunity in the heart of historic downtown Wallace! This approximately 5700 sq ft building is ideally located across from the Wallace trolly and mine tour, surrounded by great restaurants, shopping and year-round tourism. Currently operating as a fitness center, the property offers tremendous flexibility for retail, professional offices, wellness, recreation or a variety of other commercial uses. The main level features spacious workout areas with fitness equipment available for a turnkey gym, men's and women's locker rooms and showers. Upstairs has 3 offices with a small kitchen area and a sauna and jacuzzi. The expansive basement with higher ceilings offers exceptional room for storage, expansion, or future possibilities The large storefront windows provides excellent main street visibility. This is a substantial, versatile commercial building in an outstanding downtown location-Bring your vision!

516 Cedar, Wallace
$242,500
2 Beds ⋅ 1 Baths ⋅ 26-7166 MLS
Step into the charm of a bygone era in this Historic Wallace, Idaho home, where classic character meets everyday comfort. Rich hardwood floors on the first floor add warmth and timeless appeal. Relax with your morning coffee or unwind in the evening on the inviting covered front porch while taking in picturesque mountain views. Whether you're drawn to the home's historic charm, its cozy atmosphere, or the stunning natural backdrop, this property offers a wonderful opportunity to enjoy classic craftsmanship in a beautiful setting.

117 Cypress, Wallace
$320,000
2 Beds ⋅ 1 Baths ⋅ 26-6489 MLS
3 adjoining parcels in Burke, Idaho, located just up-canyon from the renowned Star Mine. The 2-bedroom, 1-bath home with approximately 960 square feet of living space provides comfortable year-round living or a conveniently located basecamp for all of your outdoor recreation dreams. Parcel 2 retains grandfathered septic eligibility, and Parcel 3 is ready as a 2nd homesite with a septic permit, water, & power available, enhancing future use and improvement possibilities. Surrounded by the natural beauty of the upper Burke Canyon, the property is situated in a peaceful wooded area while remaining just minutes from historic Wallace, Idaho and easy access to Interstate 90. All 3 parcels are being offered together as a single sale and will not be sold separately. Whether you're seeking a primary residence, mountain retreat, or long-term investment, this property offers exceptional potential. The 500 gallon propane tank & water rights stay with the property. Property is being sold as-is.

36C Gorge Gulch, Wallace
$550,000
26-6479 MLS
HERE IT IS! YOUR OWN PRIVATE IDAHO. This 51.51-acre property in the Moon Pass area offers year-round Placer Creek frontage, direct adjacency to U.S. Forest Service land, marketable timber, and outstanding recreational access just approximately 2 miles from historic Wallace. Build a private mountain retreat, hold for investment, explore future subdivision potential, or create a basecamp for hunting, fishing, hiking, riding, and snowmobiling. Located between Silver Mountain and Lookout Pass ski resorts, the property combines seclusion with convenient access to town. The county currently maintains the road seasonally. Natural Resources District zoning may allow residential use or future subdivision, subject to county approval and buyer verification. Additional nearby parcels ranging from approximately 5.46 to 53.86 acres may also be available. Agent is also owner.

NNA Hords Ranch Rd Parcel 6, Wallace
$660,000
26-6303 MLS
Discover a rare investment opportunity in the heart of historic Wallace--this classic brick five-unit apartment building blends timeless character and unbeatable access to North Idaho's outdoor lifestyle. Located in one of Wallace's most charming and walkable neighborhoods, residents can enjoy easy access to local shops, dining, and the town's rich mining-era history all just steps from the front door. Wallace serves as a true gateway to the outdoors with access to two ski hills and the nearby Trail of the Coeur d' Alenes along with countless recreational opportunity.

302 2nd, Wallace
$439,999
5 Beds ⋅ 2 Baths ⋅ 26-5796 MLS
Discover the perfect blend of small-town charm and outdoor adventure with this beautifully remodeled 5-bedroom, 2-bath home including a master bedroom with a large walk in closet in the heart of historic Wallace. Whether you're searching for a spacious family residence or an established vacation rental investment, this property offers exceptional versatility and comfort. Completely remodeled in 2020, the home features a fully updated interior along with new exterior siding and metal roof providing peace of mind for years to come. Nestled between Silver Mountain Resort, Lookout Pass, and surrounded by national forest, this location is a year-round paradise for skiing, biking, hiking, ATV riding, hunting, fishing, and endless outdoor recreation. Wallace's vibrant historic downtown offers unique shops, restaurants, and rich mining history, all just minutes from your front door. Whether you're looking for a primary residence, a mountain getaway, or a turnkey short-term rental opportunity, this move-in-ready home offers the perfect basecamp for enjoying everything North Idaho has to offer.

804 Residence, Wallace
$750,000
26-5372 MLS
Discover the perfect blend of nature and opportunity on this stunning 18.80-acre property near Wallace, Idaho. With Beaver Creek running through the land and a beautiful mixture of timber and open pasture, this property offers endless possibilities. Bordering thousands of acres of federal land, it's a haven for outdoor enthusiasts. Conveniently located adjacent to a county-maintained blacktop road, with power available at the blacktop road and past perc testing, this land is ready for your dream home or recreational retreat. Whether you're looking for a serene home site or a basecamp for hunting, camping, and exploring, this property provides the perfect setting for both. Don't miss out on this rare opportunity to own a piece of Idaho's natural beauty, ideal for those seeking privacy, peace, and adventure.

NNA Beaver Creek Rd., Wallace
$685,000
26-4380 MLS
Two adjoining historic buildings at the corner of Sixth and Bank in the heart of Wallace's National Register Historic District with almost 20,000 sqft of combined space. The 1890 Queen Anne White & Bender Building features original terrazzo flooring, pressed metal turret, and beveled glass transoms. The 1891 Aulbach Building is a former print shop and warehouse with dedicated parking in the back. Both buildings are fully gutted and offered as-is, providing a clean slate for rehabilitation. Wallace city code allows for residential uses in the downtown core. Properties within the historic district may qualify for the federal Historic Preservation Tax Credit. Seller will carry contract. Buyers to conduct all independent due diligence regarding condition, zoning, and intended use.

524 Bank Unit & 506 Sixth St, Wallace
$299,900
26-4177 MLS
Escape to the River: Your North Idaho Sanctuary Awaits! Discover the perfect blend of adventure and tranquility on this .95-acre level lot nestled in the heart of the legendary North Fork of the Coeur d'Alene River corridor. Whether you are looking for a turnkey seasonal basecamp or the ultimate site for your North Idaho dream home, this property is ready for your vision. This rare find comes fully equipped with electric on-site, a private well, and a septic system already installed, making it a ''plug-and-play'' opportunity for your RV or immediate building plans. Enjoy community access to North Fork. Spend your summers floating, fly-fishing, or swimming with the river only moments away.

405 Shady, Wallace
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