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$380,000
Est. payment /mo
5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land Undeveloped
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2176388
Annual Tax Amount $1,437
Tax Year 2024
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Land Undeveloped
Property Description
Unlock the development potential of this 5-acre parcel located in the peaceful Lyman area on the southeast outskirts of Rexburg. Surrounded by open farmland and just 2.5 miles from the Snake River, this property offers a rare opportunity for small-scale development, a multi-home family compound, or country living with room to grow. Up to 3 lot splits are available (see preliminary parcel map for example on lot split potential), providing flexibility for builders or investors looking to maximize the land's potential. The property includes valuable water rights, a flood irrigation system, and is bordered by a ditch on two sides, making it well-suited for agricultural use or rural living. Livestock is permitted, and there are no covenants or restrictions (CC&Rs), allowing you to develop without limitations. Great access, and the location provides a quiet rural setting while remaining conveniently close to town. Whether you're a builder, investor, or someone looking for open space, this is a great opportunity in one of southeast Idaho's desirable countryside areas.
Location
State ID
County Madison
Area Madison
Zoning MADISON-AGRICULTURAL
Direction S
Interior
Hot Water Flood System
Exterior
Topography Flat
Building
Sewer None
Water None
Schools
Elementary Schools South Fork
Middle Schools Madison 321Jh
High Schools Madison 321Hs
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Not Applicable
Virtual Tour https://www.youtube.com/watch?v=2yUeUbcOfmE
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Listed by Keller Williams Realty East Idaho