504 First St, Wallace, ID 83873 (MLS# 25-11425)

504 First St, Wallace, ID 83873

$1,170,000
Property Type: Residential Bedrooms: 6 Baths: 4 Square Footage: 5,058 Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $1,170,000 List Date: 12/08/2025 Last Modified: 5/07/2026

Overview

Description

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

Supplements: 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.

Listing Details MLS# 25-11425

Address Information

Street Number
504
Street Name
First
Street Suffix
St
State/Province
ID
Postal Code
83873
County
Shoshone

Contract Information

Listing Type
Site Built < 2 Acre
Income Producing
No
Area
12 - Silver Valley
Neighborhood Grid #
500
Begin Date
2025-12-08
Short Sale
No
REO
No

General Property Description

Realtor.COM Type
Residential - Single Family
Building Style
Multi-Level
Basement
Yes
Garage Type
Att Garage
Garage Stall
2 Car
Total Bedrooms
6
Total Bathrooms
4
Total SqFt.
5058
SqFt B
1373
SqFt 1
1920
SqFt 2
1454
SqFt 3
311
SqFt Source
Assessor
Lot Acres
0.09
Year Built
1920
Remodeled
Yes
Year of Remodel
2025
New Construction
No
Lot Type 1
Residential
Lot Type 2
Creek
Add'l Living Quarters
Yes
Add'l Living Quarters Beds
Yes
Add'l Living Quarters Total Baths
Yes
Add'l Living Quarters Approx SqFt
750
Add'l Living Quarters SqFt Source
Estimated
Add'l Living Quarters Year Built
2024
Add'l Living Quarters Description
In-Law Floorplan

Legal and Taxes

Legal
WALLACE MALLONS ADD 24-48-4 LOT 1 N 1/2 OF LOT 2 BLK 4
AIN/Tax Bill
2241
Parcel Number
B0300004001A
School District
Wallace - 393
Zoning
Residential
Taxes
4846
Tax Year
2024
Taxes Reflect 1
Home Owner's Exemption
Subdivision
N/A
Directions
Located at 1st Street & Bank Street

Remarks

Public Remarks
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

Property Subject to

CC&Rs
No
Homeowners Assoc
None
LID
No
Non-Mtg Lien
None
Flood Zone
No
Aircraft Flight Zone
No
Fire Protection Dist
Yes
Fire Protection Name
Shoshone County Fire

More Information

Rooms per Level

Bsmt Living Rm
Yes
Bsmt Kitchen
Yes
Bsmt Fam/Gr Rm
Yes
Bsmt Mst Bdrm Suite
Yes
Bsmt Bath
Yes
Bsmt Other Rm(s)
2
1st Fl Living Rm
Yes
1st Fl Dining Room
Yes
1st Fl Kitchen
Yes
1st Fl Fam/Gr Rm
Yes
1st Fl Other Rm(s)
3
2nd Fl Mst Bdrm Suite
Yes
2nd Fl Bdrm(s)
3
2nd Fl Laundry
Yes
2nd Fl Other Rm(s)
2
3rd Fl Bdrms
Yes
3rd Fl Other Rm(s)
Yes

Other Rooms

Bonus Room
Yes
Den/Library
Yes
Formal Dining
Yes
Loft
Yes
Mud Rm
Yes
Office
Yes
Storage
Yes
SunRoom
Yes

Basement

% Finished
100
Finished
Yes
Walk-Out
Yes

Flooring

Wood
Original Refinished
Stone
Yes
Tile
Yes

Showing Instructions

Showing Service Name
ShowingTime

View

Mountain(s)
Yes
Neighborhood
Yes
River
Yes
Territorial
Yes

Lot Features

Corner Lot
Yes
Landscaped
Yes
Level
Yes
Open Lot
Yes

Interior Features

DSL Available
Yes
Electric Dryer Hookup
Yes
Fireplace
Yes
High Speed Internet
Yes
Satellite
Yes
Washer Hookup
Yes

Fencing

Fenced
Yes
Full
Yes

Exterior Features

Covered Patio
Yes
Curbs
Yes
Lawn
Yes
Lighting
Yes
Open Porch
Yes
Patio
Yes
Paved Parking
Yes
Rain Gutters
Yes
RV Parking - Open
Yes
Satellite Dish
Yes
Sidewalks
Yes

Terms Considered

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
VA
Yes

Road

Paved
Yes
Public Maintained Road
Yes

Water

City
Yes

Common Walls

No Common Walls
Yes

Fireplace Features

Gas
Yes

Sewer

Public Sewer
Yes

Fuel

Natural Gas
Yes

Heating

Fireplace(s)
Yes
Forced Air
Yes
Furnace
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Electric Dryer
Yes
Gas Range
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes
Electric Water Heater
Yes

Kitchen Amenities

Kitchen Island
Yes
Walk-In Pantry
Yes

Foundation

Concrete
Yes

Construction

Frame
Yes

Exterior

Brick
Yes
Wood Siding
Yes

Roof

Comp Shingle
Yes

Property Features

View: Mountain(s); Neighborhood; River; Territorial Lot Features: Corner Lot; Landscaped; Level; Open Lot Fencing: Fenced; Full Interior Features: DSL Available; Electric Dryer Hookup; Fireplace; High Speed Internet; Satellite; Washer Hookup Fireplace Features: Gas Exterior Features: Covered Patio; Curbs; Lawn; Lighting; Open Porch; Patio; Paved Parking; Rain Gutters; RV Parking - Open; Satellite Dish; Sidewalks Common Walls: No Common Walls Appliances: Dishwasher; Disposal; Electric Dryer; Gas Range; Microwave; Refrigerator; Washer; Electric Water Heater Kitchen Amenities: Kitchen Island; Walk-In Pantry Fuel: Natural Gas Heating: Fireplace(s); Forced Air; Furnace Basement: Finished; Walk-Out Foundation: Concrete Construction: Frame Exterior: Brick; Wood Siding Flooring: Stone; Tile Roof: Comp Shingle Road: Paved; Public Maintained Road Sewer: Public Sewer Terms Considered: 1031 Exchange; Cash; Conventional; VA
Listing Office: Kelly Right Real Estate
Last Updated: May - 07 - 2026
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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