Wallace, a picturesque city nestled in the Coeur d'Alene Mountains of Idaho, is known for its rich mining history and stunning natural scenery. With a population of just over 800 residents, Wallace offers a unique blend of small-town charm and outdoor adventure. This article delves into the best residential neighborhoods in Wallace, showcasing their distinct characteristics, housing options, and average prices. Whether you prefer historic architecture, easy access to outdoor activities, or a vibrant community atmosphere, Wallace has something to offer.
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Historic Wallace District
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The Historic Wallace District retains much of its original 19th-century architecture and charm. Residents enjoy easy access to local shops, restaurants, and cultural events.
Characteristics of the Historic Wallace District
* Culture: Rich mining history, local arts and culture, historic sites.
* Transportation: Walking-friendly with access to biking paths.
* Services: Variety of restaurants, grocery stores, and community events.
* Environment: Vibrant and community-oriented.
Housing Options in the Historic Wallace District
Victorian-style homes, Townhouses, Condos.
Average Home Prices in the Historic Wallace District
* Buying: $200,000 – $350,000
* Renting: $1,200 – $1,800/month
Shoshone County Area
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The Shoshone County area surrounding Wallace is ideal for those looking for a balance of urban and rural living. It offers more space and larger homes, while still being close to the city's amenities.
Characteristics of the Shoshone County Area
* Culture: Community events, recreational activities, and outdoor adventures.
* Transportation: Car necessary, with access to county roads.
* Services: Grocery stores, schools, parks, and recreational facilities.
* Environment: Spacious and family-friendly.
Housing Options in the Shoshone County Area
Single-family homes, Ranch-style homes.
Average Home Prices in the Shoshone County Area
* Buying: $150,000 – $250,000
* Renting: $1,000 – $1,500/month
Wallace Riverfront
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The Riverfront area provides beautiful views and access to the North Fork Coeur d'Alene River. It's perfect for those who love nature and outdoor activities such as fishing and kayaking.
Characteristics of the Wallace Riverfront
* Culture: Outdoor recreation, fishing, and boating.
* Transportation: Car necessary for local travel.
* Services: Local parks, river access, and scenic trails.
* Environment: Relaxed and nature-focused.
Housing Options in the Wallace Riverfront
Waterfront cabins, A-frame houses.
Average Home Prices in the Wallace Riverfront
* Buying: $300,000 – $500,000
* Renting: $1,500 – $2,200/month
Upper Wallace
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Upper Wallace offers a more secluded lifestyle with stunning mountain and valley views. This area attracts those seeking tranquility and a stronger connection to nature.
Characteristics of the Upper Wallace
* Culture: Privacy and natural beauty.
* Transportation: Car necessary, with many unpaved roads.
* Services: Very limited; mostly self-sufficient living.
* Environment: Quiet and secluded.
Housing Options in the Upper Wallace
Custom-built homes, Larger plots with open land.
Average Home Prices in the Upper Wallace
* Buying: $350,000 – $600,000
* Renting: $1,800 – $2,500/month
Murray Area
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Just a short drive from Wallace, the Murray area provides a blend of scenic beauty and accessibility. It’s known for its historical significance and outdoor opportunities, including hiking and camping.
Characteristics of the Murray Area
* Culture: Historical mining town, outdoor recreation.
* Transportation: Car recommended; rural roads.
* Services: Local shops, cafes, and access to recreational areas.
* Environment: Charming and rustic.
Housing Options in the Murray Area
Historic homes, Cabins, Family homes.
Average Home Prices in the Murray Area
* Buying: $180,000 – $300,000
* Renting: $900 – $1,400/month
Kingston Area
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The Kingston area, located a bit further from Wallace, features larger properties and more rural living. It’s perfect for those seeking a more spacious and serene environment.
Characteristics of the Kingston Area
* Culture: Community-oriented lifestyle, rural living.
* Transportation: Car necessary, with easy access to highways.
* Services: Limited local facilities, but close to Wallace for amenities.
* Environment: Peaceful and family-friendly.
Housing Options in the Kingston Area
Larger family homes, Acreage properties.
Average Home Prices in the Kingston Area
* Buying: $250,000 – $400,000
* Renting: $1,200 – $1,800/month
Frequently Asked Questions About the Best Residential Areas in Wallace:
The Historic Wallace District is known for its vibrant community atmosphere, with plenty of local shops and restaurants.
The Shoshone County Area offers spacious homes and access to local schools, making it a great choice for families.
Home prices in Wallace generally range from $150,000 to $600,000 depending on the area and type of property.
Wallace does not have extensive public transportation, so a car is recommended for most residents.
Wallace offers numerous outdoor recreational activities including hiking, fishing, kayaking, and winter sports.
Yes, the area has access to several public and private schools that serve the community.
Rental prices for apartments in Wallace typically range from $900 to $2,500 per month depending on the location and size.
The Wallace Riverfront area is known for its proximity to water-based activities and outdoor recreation.
Yes, Wallace’s peaceful atmosphere and access to nature make it a great choice for retirees looking for tranquility.
Wallace's job market is primarily centered around tourism, mining, and local businesses, offering a range of employment opportunities.
Conclusion on the Best Residential Areas in Wallace:
Wallace, Idaho, is a charming city that combines historical significance with stunning natural beauty. The diverse neighborhoods each offer unique characteristics and housing options to cater to various lifestyles and preferences. Whether you are drawn to the vibrant Historic Wallace District, the family-friendly Shoshone County area, or the serene Upper Wallace region, Wallace provides a welcoming community for all. With its rich recreational opportunities, access to amenities, and small-town charm, Wallace stands out as an excellent choice for anyone looking to settle in North Idaho.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.