Wallace Homes for Sale

Wallace Homes for Sale

Welcome to Wallace, a charming city nestled in Shoshone County, Idaho. Known for its rich history and picturesque surroundings, Wallace offers a unique blend of small-town charm and natural beauty.

With a population of just over 750 residents, Wallace is a tight-knit community where neighbors become friends and everyone feels like family. The city's historic downtown area is a testament to its past, with beautifully preserved buildings that date back to the late 19th and early 20th centuries. Strolling down the streets, you'll find a variety of shops, restaurants, and art galleries, giving the city a vibrant and lively atmosphere.

Wallace is also a haven for outdoor enthusiasts. Surrounded by the stunning Rocky Mountains, the city offers plenty of opportunities for hiking, biking, fishing, and skiing. The nearby Silver Mountain Resort is a popular destination for winter sports enthusiasts, offering world-class skiing and snowboarding trails.

If you're looking to make Wallace your home, you'll find a range of homes for sale to suit your needs. From cozy cottages to spacious family homes, there is something for everyone. Whether you prefer a historic property with character or a modern, newly built home, the real estate market in Wallace has options to cater to all tastes and budgets.

Experience the beauty and charm of Wallace, Idaho, where history meets nature and community thrives. Come and explore the homes for sale in this delightful city and find your perfect place to call home.

Newest Wallace Homes for Sale

1 Beds ⋅ 1 Baths ⋅ 26-7722 MLS

Escape to the mountains with this charming turnkey, fully furnished 1-bedroom, 1-bath home featuring a spacious loft and a detached ADU studio, offering endless possibilities for guests, additional rental income, or a private workspace. Currently operating as a successful Airbnb, this property is an excellent investment opportunity or the perfect vacation retreat. Conveniently located just minutes from historic downtown Wallace, you'll enjoy easy access to Silver Mountain Resort, Lookout Pass Ski Area, the Trail of the Coeur d'Alenes, hiking, fishing, ATV and snowmobile trails, and countless year-round recreational activities. While the home could use a little TLC, its unbeatable location, income potential, versatile layout, and inclusion of all furnishings make it an exceptional opportunity Escape to the mountains with this charming turn key 1-bedroom, 1-bath home featuring a spacious loft and a detached ADU studio, offering endless possibilities for guests, additional rental income, or a private workspace. Currently operating as a successful Airbnb, this property is an excellent investment opportunity or the perfect vacation retreat. Conveniently located just minutes from historic downtown Wallace, you'll enjoy easy access to Silver Mountain Resort, Lookout Pass Ski Area, the Trail of the Coeur d'Alenes, hiking, fishing, ATV and snowmobile trails, and countless year-round recreational activities. While the home could use a little TLC, its unbeatable location, income potential, and versatile layout make it an exceptional opportunity to create your ideal mountain getaway or expand your investment portfolio.

741 Nine Mile, Wallace

4 Beds ⋅ 2 Baths ⋅ 26-7174 MLS

Over 100 acres of timbered land just minutes from historic Wallace and nearby CDA, offering endless potential. This expansive property presents a rare opportunity for development, investment, or your own private retreat. With convenient interstate access, the land could be subdivided into multiple residential parcels, used for timber harvest, or transformed into the perfect homesite with several excellent building locations throughout the property. The property already has valuable infrastructure in place, including water rights to the creek providing seasonal water to the home, electricity and natural gas on site. The home could offer potential to create a duplex with a living space and kitchen upstairs and its own separate entrance. The 30x40 insulated shop with a concrete floor and a brand new electrical panel provides excellent workspace. The natural spring on the property provides a great location for a new well to be drilled.

62713 Benthams, Wallace

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

4 Beds ⋅ 3 Baths ⋅ 26-6591 MLS

Step into a home where history, craftsmanship, and mountain living come together. Nestled in the charming community of Wallace, Idaho, this beautifully maintained home offers the warmth and character of a bygone era while providing the comfort and space today's homeowners appreciate. Inside, you'll discover the timeless beauty of original woodwork, vintage architectural details, and elegant craftsmanship that has stood the test of time. Whether you're relaxing in the elegant living spaces, entertaining guests, or sitting on the porch swing, this home offers a unique blend of history and comfort.

211 2nd, Wallace

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

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

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

3 Beds ⋅ 2 Baths ⋅ 26-4424 MLS

GREAT OPPORTUNITY ON THIS CORNER LOT WITH 3 BDRM, 2 BATH MANUFACTURED HOME. Semi private back yard with covered deck and storage shed. HOME NEEDS WORK AND IS PRICED ACCORDINGLY. PERFECT FOR INVESTORS OR BUYERS LOOKING TO BUILD SWEAT EQUITY.

204 Mine, Wallace

2 Beds ⋅ 2 Baths ⋅ 26-3773 MLS

Fully remodeled manufactured home offering a clean, functional layout with thoughtful upgrades throughout. This 2-bedroom home includes a dedicated office and two bathrooms, including a primary suite with a private en suite, providing flexibility for everyday living, guests, or remote work. The interior features a natural gas stove and wall A/C unit for year-round comfort. The kitchen and living areas are well-integrated, creating an efficient and highly livable space. The second bathroom includes a stand-up shower insert, and a dedicated laundry area with electric dryer adds everyday convenience. Exterior improvements include a newly constructed deck, ideal for outdoor enjoyment and entertaining. A standout feature is the fully permitted and inspected freestanding roof structure rated for a 60 lb snow load. Move-in ready with key upgrades already completed, this property offers a practical and well-maintained option for buyers seeking functionality, flexibility, and value.

531 Burke, Wallace

6 Beds ⋅ 4 Baths ⋅ 25-11425 MLS

Fully Restored Historic Mansion with year-round natural creek featuring over 5,000 sqft of finished living space with high ceilings including 6 bedrooms, 4 bathrooms, a large office with original floor-to-ceiling leaded glass bookcases, a professional gourmet chef's kitchen, expansive formal dining room, stained glass, walk-in pantry/coffee or breakfast area, second-story sunroom with additional sunny private sleeping quarters, opulent and luxurious master bath suite featuring imported Italian tile and marble, billiards/game room with bar, hidden small room behind secret bookcase, expansive garages/workspace and more. Extensive porches and elevated outdoor living space for entertaining or dining al fresco while enjoying the sounds of the stream running the length of the property. Secondary living quarters with separate outside entrance for mother-in-law, AirBnB, college student or other incoming producing use. Several large storage rooms, paved off-street parking, and two-car attached garage. Located in Wallace, Idaho with festivals nearly every weekend and nestled between two ski resorts, Look Out Pass and Silver Mountain. This home truly is a dream and in arguably one the most charming small towns in America.

504 First, Wallace

2 Beds ⋅ 1 Baths ⋅ 25-10066 MLS

This WATER FRONT commercial property sits right next to the South Fork of the Coeur d'Alene River, and has been set up as a 2-Bedroom, 1 Bath rental for the last few years. Many updates have been done to this property, including a new foundation, plumbing, electrical, cabinetry, and butcher block countertops. The covered patio and backyard were updated in September of 2025, and are perfect for entertaining guests all year long. Don't let this one pass you by!!!

1 Kelly Alley, Wallace

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