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In a recent auction, five properties sold while three didn’t receive any bids.

At a Glance:

5 Priest Lake properties sold for $7.9 million total

Each winning bid received only one offer

4 of 5 lots were purchased by current leaseholders

3 Coolin-area lots received no bids

The auction was held by the Idaho Department of Lands on Aug. 23, selling the endowment-owned lots in Priest Lake for a total of $7.9 million for all five. According to the department, each property only received one bid.

Similar to an auction held in July for properties on Payette Lake , three lots received no bids .

Four of the Priest Lake lots were bid on and purchased by the current leaseholders. One property was unleased and bid on by a non-lessee. All the properties have hom

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