Description
Discover the rare combination of luxury living, acreage, and future investment potential with this exceptional 9.6-acre property on the west side of Rexburg. Ideally positioned within the city's expanding commercial growth corridor, this unique property offers immediate enjoyment today while presenting exciting opportunities for tomorrow. Although it has not yet been annexed into the City of Rexburg, its location within the west Rexburg commercial growth corridor offers outstanding long-term potential. The custom, beautifully updated home offers more than 3,800 square feet with five bedrooms, three full bathrooms, multiple living spaces, and quality finishes throughout. The meticulously maintained grounds are the true highlight, featuring mature landscaping, a pond with tranquil waterfall, built-in firepit, concrete sports court with basketball hoop, custom playhouse, 36' x 60' detached shop, horse barn, greenhouse, storage shed, and attached three-car garage. Adding even more value is an established cell tower lease with approximately 14 years remaining on a 20-year agreement, currently generating approximately $1,000 per month in passive income. Located less than a mile from both golf courses & just minutes from shopping, schools, downtown Rexburg, and easy highway access!
Details
| MLS # | 2187388 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1993 |
| Days On Site | 57 |
| Listing Provided By | Keller Williams Realty East Idaho | Jeff Lerwill |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,867 |
| Basement | Y |
| Zoning | Rexburg-Rural Residential 1 |
| Acreage | 9.60 |
Taxes
| Property | 3614 |
|---|
Area Information
| State | ID |
|---|---|
| County | Madison |
| City | Rexburg |
| Zip Code | 83440 |
| School District | Madison 321HS |
| Elementary School | Burton 321EL |
| High School | Madison 321HS |
| Listing VS Median (in 83440) | |
Price: $1,990,000 low | high Med: $514,900 sqft: 3,867 low | high Med: 3,274 $ / sqft: $515 low | high Med: $157 On site: 57 low | high Med: 11 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | ID |
|---|---|
| County | Madison |
| City | Rexburg |
| Zip Code | 83440 |
| School District | Madison 321HS |
| Elementary School | Burton 321EL |
| High School | Madison 321HS |
| Listing VS Median (in 83440) | |
Price: $1,990,000 low | high Med: $514,900 sqft: 3,867 low | high Med: 3,274 $ / sqft: $515 low | high Med: $157 On site: 57 low | high Med: 11 | |