Tbd Glacier Ave, Shelley, ID 83274

$3,950,000

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List Price
$3,950,000
MLS#
2189429
Status
ACTIVE
Acres
79
Subdivision
The Parks

Property Description

Rare land-banking and near-term development opportunity in Shelley, Idaho, in one of the fastest-growing corridors of the Idaho Falls market. The Parks Subdivision offers 79 acres across two phases totaling 104 approved residential lots. Phase 3 (27 ac / 34 lots) is shovel-ready with trunk sewer in place and ~50% pressurized irrigation, minimal carry time to lot sales. Phase 4 (52 ac / 70 lots) is fully entitled and currently ag-leased, offering a strong land-bank play with approvals already secured. City of Shelley has agreed in writing to serve all lots, removing a major development risk. Site sits in Flood Zone C (outside the SFHA) with access off Center Street (1300 North). Phases 1 and 2 of The Parks are complete, sold out, and City-accepted, a proven track record on this subdivision. Priced competitively to comparable unentitled land in the Shelley/Bonneville County area, with built-in equity from day one. Entitled, sewer-ready ground like this is increasingly hard to find. Contact listing agent for the full Offering Memorandum.

Additional Information

Taxes
$1,821
Hoa Fee
$100
Water
Public
Sewer
Public Sewer
Elementary School
Sunrise Elementary-1-2 60EL
Middle School
Shelley/hobbs 60JH
High School
Shelley 60HS

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Listing courtesy of Keller Williams Realty East Idaho.