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Listed by Amy Rupp • Berkshire Hathaway Home Services Intermountain Properties
$ 184,000
Est. payment /mo
Active
464 E Velvet Rub Rd Malad City, ID 83252
2.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Elkhorn Ridge
MLS Listing ID 582934
Lot Size 2.500 Acres
Property Sub-Type Residential
Property Description
Build your dream mountain retreat in the highly sought-after Malad Summit, affectionately known by locals as "God Country" for its breathtaking mountain views, towering pines, abundant wildlife, and endless outdoor recreation. This exceptional property is truly build-ready, with many of the costly and time-consuming improvements already completed. A shared well serving only one other lot has been drilled, recorded with the county, and equipped with a new continuous pressure system for reliable water service. A newly installed, insulated septic system is stubbed and ready for connection. Power and fiber internet are available at the lot, while the driveway, road base, and major excavation work have already been completed. The site is prepared for a modular, manufactured, or stick-built home, with additional excavation already in place for a future ADU, guest house, shop, or other improvements. Simply bring your home, install a propane tank, and begin enjoying mountain living. This desirable subdivision offers outstanding flexibility, allowing manufactured homes, modular homes, stick-built homes, ADUs (with county approval), and short-term rentals, making it an excellent opportunity for both a private mountain getaway and an income-producing investment property. The HOA is minimal and primarily focused on maintaining the roads, entrances, and shared amenities. Annual HOA dues are approximately $150 per acre, totaling roughly $450 per year. Enjoy year-round access with an easy commute while being surrounded by some of Southern Idaho's most spectacular scenery. Outdoor enthusiasts will love the nearby hiking, ATV and UTV trails, horseback riding, fishing streams, reservoirs, hunting, and thousands of acres of public recreational land. With an estimated $65,000-$75,000 already invested in site improvements, this property offers tremendous value while allowing you to bypass much of the expense, time, and hassle associated with preparing raw land. Whether you're looking to build your forever home, a vacation retreat, or an investment property with short-term rental potential, this rare offering checks all the boxes. Don't miss this opportunity to own a ready-to-build mountain property in one of Idaho's most scenic and desirable recreational communities. Be sure to check out the video tour! Buyer to verify all information.
Location
State ID
County Oneida
Zoning Residential
Schools
Elementary Schools Malad
Middle Schools Malad
High Schools Malad
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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