Zoned Waterfront Lakefront
168 & 162 Wilderness Dr & 406 Wall St Ketchum, ID 83340
For Sale
$6,499,000
LAND - Ketchum, ID
Lot Size7.79 Acres
Days on Market74
Property Features for 168 & 162 Wilderness Dr & 406 Wall St
General Information
Property type
Land
Property subtype
Single Family Residence
Zoning
BC/R-2
Exterior features
Deeded Water Rights, Views, Sprinkler System
Standard status
Active
APN
RP002400000090 & RP002400000100 & RP002400000290
Lot size
7.79 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
GIMLET SUB #11 LOT 9; GIMLET SUB #11 LOT 10; GIMLET SUB #11 LOT 29
Tax Annual Amount
12230
Utilities
Water front features
Pond
Water front
1
Listing Agency:
Sun Valley SIR
(208) 726-5300
Listed By:
Nick Maricich · License #21633
(208) 726-5300
Added: May 18
Changed: Jul 18
Last Checked: Jul 30 at 9:06AM
MLS# 26-334418
Copyright © 2026 Sun Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes three platted lots in the Gimlet community: GIMLET SUB #11 LOT 9 (1.44 acres), LOT 10 (1.54 acres), and LOT 29 (4.80 acres), for a combined 7.79 acres. The parcels surround a private lake and include four water rights recognized by judicial decree in the Snake River Basin Adjudication dated June 29, 2010.
Each decreed right is listed as follows: 37-21329 (.06 CFS, 3.2 AFY for wildlife/aesthetic year-round use); 37-21330 (.16 CFS, 14.3 AFY for irrigation over 4.1 acres); 37-21331 (.03 CFS, 3.2 AFY for wildlife/aesthetic year-round use); and 37-21332 (.07 CFS, 14.3 AFY for irrigation over 4.1 acres). A fifth right, 37-8838 (2.5 CFS, 7.30 AFA), has not been decreed by a court, but is licensed by the Idaho Department of Water Resources (IDWR).
All lots are zoned BC/R-2 (Code Section 9-9-3 and 9-9-4), with permitted uses limited to agricultural uses, single-family residential use, and duplexes on double lots. Accessory uses for the district include accessory dwelling units and tier 1 home occupations. The property is located at 168 & 162 Wilderness Dr and 406 Wall St, Ketchum, ID 83340, with the seller noting minutes from skiing and easy access to the Big Wood River fishery.
Each decreed right is listed as follows: 37-21329 (.06 CFS, 3.2 AFY for wildlife/aesthetic year-round use); 37-21330 (.16 CFS, 14.3 AFY for irrigation over 4.1 acres); 37-21331 (.03 CFS, 3.2 AFY for wildlife/aesthetic year-round use); and 37-21332 (.07 CFS, 14.3 AFY for irrigation over 4.1 acres). A fifth right, 37-8838 (2.5 CFS, 7.30 AFA), has not been decreed by a court, but is licensed by the Idaho Department of Water Resources (IDWR).
All lots are zoned BC/R-2 (Code Section 9-9-3 and 9-9-4), with permitted uses limited to agricultural uses, single-family residential use, and duplexes on double lots. Accessory uses for the district include accessory dwelling units and tier 1 home occupations. The property is located at 168 & 162 Wilderness Dr and 406 Wall St, Ketchum, ID 83340, with the seller noting minutes from skiing and easy access to the Big Wood River fishery.
Key Highlights
- Rare 7.79‑acre compound on three lots surrounding a private lake in the exclusive Gimlet community.
- Minutes from world‑class skiing and the Big Wood River.
- Includes 4 Judicially decreed water rights for aesthetic and irrigation needs.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three-platted lots around a private lake with four judicially decreed water rights for wildlife/aesthetic and irrigation.
Where is this residential land & home lot located?
The property is located at 168 & 162 Wilderness Dr & 406 Wall St Ketchum, ID.
What is the asking price?
The asking price for this property is $6,499,000.
What are key features of this property?
This property features: Rare 7.79‑acre compound on three lots surrounding a private lake in the exclusive Gimlet community.; Minutes from world‑class skiing and the Big Wood River.; Includes 4 Judicially decreed water rights for aesthetic and irrigation needs.
