Adult 55+
Address
8516 S 400 W Rexburg, ID
Price
$ 2,100,000
Property Attributes
  • MLS#2140800
  • TypeFarm
  • CountyMADISON
  • CityRexburg
  • AreaMadison
  • Zip83440
  • Style
  • Year Built1910
  • Taxes$ 2045
  • Price$ 2,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size75 Acres
Listing Provided Courtesy Of:
Idahoan Realty
Data Source:
Snake River MLS
Property Description

Two parcels totaling 75 acres could be the find of the century for the developer looking to secure land for their next high end community while they finish up current projects. Develop in one of the most sought after counties in South Eastern Idaho. Design the next standard of living in a mecca of outdoor attractions centered between the Grand Teton National Park, Grand Targhee Skii resort, Kellly Canyon, Jackson Hole Wyoming, Yellowstone National Park, the world famous St. Anthony Sand Dunes and Shoshone Falls, the "Niagra of the West". Individuals, if you are considering this ground as a holding mechanism for a retirement account that you wish to protect with in the shelter of land you are in luck. The ground will be maintained and cared for on your behalf over the next three years with all property and irrigation taxes paid by the leasing tenant of this prime ground. The local culture is an investors dream with an increasing market, a community with big city commerce such as Universities, Federal Employers, World renowned Health and Wellness manufacturers all tucked in the local infrastructure of new schools, churches and old restaurants with timeless traditions such as the "Big Jud Challenge" . The community is waiting for you, are you up to the challenge?

High School
Madison 321Hs High School
Price History
11/8/2021 Listed $2,100,000

General Features

Exclusions Lot lines to be adjusted to exclude all of tenants personal property including any out buildings
High School MADISON 321HS
Ho Exempt Unknown
Legal Description 40.5 Ac)NE 4 SW4M B1X80 RODS, (34.5 Acr) NW4 SW4 LESS 1 ROD RW TAX 1095
Listing Area Madison
Listing Type Farm/Ranch
Status Active
Status Active
Tax Year 2021
Taxes 2045.00
Terms Cash, Conventional
Year Built 1910

Exterior Features

Listing Office Name Idahoan Realty
Appx Acreage 75
Farm Type Irrigated Ground
Flood Plan No
Foundation Other
Inclusions Existing lease with maturity date of 05/24/2024. Lessor pays a total of $2045.00 per year directly to property and irrigation tax. He has all rites to water and full and access to the land. He is r
Irrigation Details Watershed 1704020304 / Lower Henrys Fork
Irrigation Source/type Other Type-See Remarks
Irrigation Water 1
Leased Total Acres 75
Soil Type Other-See Remarks
Water Rights Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Farm Average in 83440

Price
AVG $1.93M
$2.1M
Taxes
AVG $2,329
$2,045
Visits
AVG 31
31
Year Built
AVG 1958
1910

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