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The Estates at Waterstone

Aspen Homes brings their signature approach to every estate at Waterstone — thoughtfully designed floorplans, premium finishes, and a build process built around you. Each home is crafted to feel like it could only belong to one family. Yours.

Relationship-Based

Every Aspen Homes estate at Waterstone begins the same way — with a conversation. We take the time to understand how you live, what you value, and what your dream home looks like before a single plan is drawn.

With you ever step of the way

From selecting your lot within The Estates at Waterstone to finalizing every finish, our team is here to guide you through each decision — so building your custom estate feels exciting, not overwhelming.

Built to Last a Lifetime

Aspen Homes brings the same commitment to craftsmanship to every residence at Waterstone — premium materials, expert construction, and homes designed to be just as beautiful decades from now as they are on move-in day.

22
Estate Luxury Homesites
9+
Acre Gated Community
7
Miles From Downtown Coeur D’Alene

Architectural Style Examples

At The Estates at Waterstone, every detail has been thoughtfully envisioned to reflect a timeless Modern Mountain architectural theme—where natural materials, clean lines, and refined craftsmanship come together to complement the beauty of the Spokane River. This distinctive design philosophy blends contemporary elegance with the warmth and authenticity of mountain living, creating homes that feel both sophisticated and connected to the surrounding landscape.

To preserve the integrity and long-term value of the community, our Architectural Review Team has carefully developed an elegant set of design guidelines. These standards were created to ensure each residence harmonizes with the natural setting while showcasing the signature Waterstone lifestyle—one defined by seamless indoor-outdoor living, expansive windows that capture river views, and materials that reflect the textures and tones of the Inland Northwest.

Waterstone is more than a place to build a home—it is a place to create a legacy. Whether you envision a modern retreat, a luxury riverfront estate, or a gathering place designed for entertaining, our team is here to help bring your vision to life while maintaining the exceptional character that defines this exclusive waterfront community.

We welcome the opportunity to discuss your vision and learn more about your preferred home builder. Our team is happy to coordinate with approved builders or assist in connecting you with trusted professionals who understand the craftsmanship and design excellence expected at The Estates at Waterstone.

Experience the harmony of architecture, nature, and riverfront living—designed with intention, built for generations.

Community-Focused

Development Highlights

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  1. Property is located at Ravine Drive, Post Falls Idaho 83854 about 3 miles from Downtown Post Falls and 7 miles to Downtown Coeur d’Alene. The property is easily accessed from Ponderosa Drive.

  2. Included 22 boat slips, one for each lot

    • Covered
    • Dock Box
    • Power & Water
    • Bathrooms

  3. The project includes 22 approved estate lots luxury homes.

  4. ± 9.8685 Acres

  5. City of Post Falls

    • Water: City of Post Falls
    • Sewer: City of Post Falls
    • Garbage: City of Post Falls
    • Gas: Avista
    • Electric: Avista
    • Road: Paved, private maintained

    • Elementary School (K-5): Ponderosa Elementary School
    • Middle/Junior High School (6-8): Post Falls Middle School
    • High School (9-12): Post Falls High School

Why You’ll Love Living on the Spokane River

Post Falls offers a lifestyle that combines small-town warmth with metropolitan access. Many residents choose Post Falls for its affordability and convenience, as it sits just minutes from Coeur d’Alene and less than half an hour from Spokane. Families enjoy safe neighborhoods, strong schools, and abundant parks, while professionals appreciate short commutes and diverse job opportunities. Outdoor recreation plays a central role in daily life, with the Spokane River, hiking trails, and nearby mountains providing endless adventure. The city has a strong sense of community, with a focus on growth while retaining its local charm.

Things to Do

Post Falls offers a wide variety of activities and attractions:

  • Q’emiln Park: A large riverside park featuring swimming, rock climbing, and trail systems.
  • Spokane River Recreation: Boating, kayaking, fishing, and scenic views.
  • Falls Park: A family-friendly park that provides views of the historic dam and falls.
  • Golfing: Courses like The Links and Prairie Falls Golf Club attract locals and visitors.
  • Winter Sports: Skiing and snowboarding are just a short drive away at nearby resorts.
  • Community Events: Farmers markets, parades, and seasonal celebrations foster a lively atmosphere.
  • Shopping & Dining: A growing number of restaurants, breweries, and retail shops provide both convenience and local flavor.

Yearly Average Temperatures

Post Falls experiences the four-season climate typical of North Idaho:

  • Summer: Warm and dry, with highs in the upper 70s to mid-80s°F.
  • Fall: Cool and crisp, with highs in the 50s–60s°F, often accompanied by brilliant foliage.
  • Winter: Cold and snowy, with lows in the teens and highs in the 20s–30s°F; snow averages 50–60 inches annually.
  • Spring: Mild, with highs in the 50s–60s°F, making it a refreshing season for outdoor activities.