The phrase signifies high-end properties located within the state, often characterized by luxurious amenities, prime locations, and substantial value. These properties may encompass sprawling estates, waterfront residences, or exclusive homes within gated communities. A specific example could be a custom-built home overlooking Lake Coeur d’Alene with private dock access and panoramic views.
This segment of the market plays a significant role in the overall economic landscape, attracting affluent buyers and boosting local economies through property taxes and related services. The historical context of these properties often reflects the state’s growth and development, with many representing significant architectural styles and historical value. Their existence highlights the desirability and investment potential of the region.