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

$1,170,000
504 First St
Wallace, ID 83873
MLS# 25-11425
6 beds  |  4 baths  |  5058 sqft
504 First St, Wallace Idaho
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504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace Idaho Outside Dining Area Outside Dining Area Outside Dining Area 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace Idaho Entryway Master Living Great Room Master Living Great Room Master Living Great Room Master Living Great Room Master Living Great Room Master Living Great Room Master Living Great Room Master Living Great Room Master Living Great Room Master Living Great Room Large Formal Dining Room w/Stained Glass Large Formal Dining Room w/Stained Glass Large Formal Dining Room w/Stained Glass Large Formal Dining Room w/Stained Glass Professional Chef's Gourmet Kitchen Professional Chef's Gourmet Kitchen Professional Chef's Gourmet Kitchen Professional Chef's Gourmet Kitchen Professional Chef's Gourmet Kitchen Professional Chef's Gourmet Kitchen Professional Chef's Gourmet Kitchen Casual Pantry Eating/Coffee Area Casual Pantry Eating/Coffee Area 504 First St, Wallace Idaho Office/Library w/Leaded Glass Cabinets Office/Library w/Leaded Glass Cabinets 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace Idaho Upstairs Master Bedroom Suite Master Bedroom Suite Master Bedroom Suite Master Bedroom Suite Master Bedroom Suite Master Bedroom Suite Master Bedroom Suite Master Bedroom Suite Master Bedroom Suite Bedroom Bedroom Bedroom Bedroom Bedroom 2nd Floor Sunroom 2nd Floor Sunroom 2nd Floor Sunroom Bathroom Bathroom 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace, ID 83873 Bedroom Bedroom Bedroom Bedroom 504 First St, Wallace Idaho Laundry Room Bathroom Bedroom 504 First St, Wallace Idaho Stairway Billiards Game Room w/Bar Billiards Game Room w/Bar Billiards Game Room w/Bar Billiards Game Room w/Bar Living Quarters w/Separate Entry Living Quarters w/Separate Entry Living Quarters w/Separate Entry Living Quarters w/Separate Entry Living Quarters w/Separate Entry Living Quarters w/Separate Entry Living Quarters w/Separate Entry Living Quarters w/Separate Entry Living Quarters w/Separate Entry Hallway 3rd Floor 3rd Floor 504 First St, Wallace Idaho 504 First St, Wallace, ID 83873 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace Idaho 504 First St, Wallace, ID 83873 504 First St, Wallace Idaho

Property 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

Details
Documents
Contract Information
Status: Active
Listing Type: Site Built < 2 Acre
Income Producing: No
Area: 12 - Silver Valley
Neighborhood Grid #: 500
Begin Date: 2025-12-08
List Price: $1,170,000
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: 1
Add'l Living Quarters Total Baths: 1
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
Address Information
Street Number: 504
Street Name: First
Street Suffix: St
State/Province: ID
Postal Code: 83873
County: Shoshone
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
Miscellaneous
Sec: 34
Twn: 48
Rng: 4
Rng Dir: EBM
Rooms per Level
Bsmt Living Rm: 1
Bsmt Kitchen: 1
Bsmt Fam/Gr Rm: 1
Bsmt Mst Bdrm Suite: 1
Bsmt Bath: 1
Bsmt Other Rm(s): 2
1st Fl Living Rm: 1
1st Fl Dining Room: 1
1st Fl Kitchen: 1
1st Fl Fam/Gr Rm: 1
1st Fl Other Rm(s): 3
2nd Fl Mst Bdrm Suite: 1
2nd Fl Bdrm(s): 3
2nd Fl Laundry: 1
2nd Fl Other Rm(s): 2
3rd Fl Bdrms: 1
3rd Fl Other Rm(s): 1
Other Rooms
Bonus Room: 1
Den/Library: 1
Formal Dining: 1
Loft: 1
Mud Rm: 1
Office: 1
Storage: 1
SunRoom: 1
Basement
% Finished: 100
Flooring
Wood: Original Refinished
Showing Instructions
Showing Service Name: ShowingTime
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
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 Office: Kelly Right Real Estate

Last Updated: December - 08 - 2025

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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