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Land with Two Vintage Cabins
For Sale
$2,000,000

431 N Walnut Ave, Ketchum, ID 83340

LAND - Ketchum, ID

Property Size2,000 SF
Lot Size0.19 Acres
Price / SF$1,000
Days on Market54

Property Features for 431 N Walnut Ave

General Information

Property type Land
Property subtype Other
Zoning K/CC
Exterior features Landscaping
Subdivision Ketchum Townsite
Directions Lot runs from N Walnut (across from library) west to alley.
Standard status Active
APN RPK00000450060
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KETCHUM LOT 6 BLK 45
Tax Annual Amount 5912
Legal Description KETCHUM LOT 6 BLK 45
Listing Agency: Berkshire Hathaway HS Sun Valley Properties · Berkshire Hathaway HomeServices
Listed By: Pam Rheinschild · License #19924
Added: Jun 30 Last Checked: Aug 22 at 3:06PM
MLS# 26-334635

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.

The offering is a commercial land parcel improved with two vintage cabins, with value primarily tied to the underlying land. The larger log cabin is approximately 1,400 square feet and includes offices and a half bath, along with partial basement space and GFA/AC. The smaller cabin is approximately 600 square feet and includes a half bath, also with partial basement space. One of the cabins is currently leased, and the property is being marketed with land value as the primary driver.

The parcel is located in the downtown core of Ketchum, Idaho, within K/CC zoning. Additional reported improvements include a new roof completed in 2017 and new sewer hook-ups installed in 2016.

This property may fit buyers seeking a downtown land holding that already includes income-producing and/or flexible structures on site. The presence of two separate cabins can support a variety of tenant or operator scenarios, depending on intended use under current zoning, while reported updates to the roof and sewer connections help reduce near-term capital concerns.

Key Highlights

  • Multi‑use land parcel with development opportunity; value is in the land, with two vintage cabins on‑site
  • Large log cabin on Walnut is approx. 1,400 SF with GFA/AC, offices, and a half bath; includes a partial basement
  • Smaller cabin off the alley is approx. 600 SF with a half bath and a partial basement

Property Analytics

Current Use

Office Units

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,438
Businesses Nearby

Demographics for 83340, ID

5,647
Population
5,836
Households
1
Avg Household Size
51
Median Age
55%
College-Educated
95%
High-School Grad
557.7 sq mi
ZIP Area
10
Density / Sq Mi
$86,650
Median Household Income
$42,153
Median Earnings
$1,174
Median Rent
$860,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Multi-use land parcel includes two vintage cabins, one leased, with upgrades including a 2017 roof and 2016 sewer hookups.
Where is this office units located?
The property is located at 431 N Walnut Ave Ketchum, ID.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Multi‑use land parcel with development opportunity; value is in the land, with two vintage cabins on‑site; Large log cabin on Walnut is approx. 1,400 SF with GFA/AC, offices, and a half bath; includes a partial basement; Smaller cabin off the alley is approx. 600 SF with a half bath and a partial basement
More about this property
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