- Federal Highway Administration / public domain
- Priest Lake
To date, 393 cottage sites have been sold- 253 at Priest Lake and 140 at Payette Lake - with most of the winning bidders being long-time leaseholders who own cottages on the lots. But in some cases, families who had vacationed on the properties for generations had to engage in some high bidding to remain on the lots, yet came out on the losing end. For example, two of the leased lots that received competitive bidding in the most recent auction for Priest Lake properties were won by someone other than the current leaseholder. State officials said those lots received so-called "upbids" of $415,000 and $13,700.
This weekend's auctions generated more than $25 million for the endowment fund that supports Idaho public schools.
$177,503,065 in auction receipts has been transferred to the "land bank" so far.