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    525 N 1St, Unit ##B102 Driggs, ID 83422

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    For Sale
    $359,000

    New two-bedroom condominium in Driggs, Idaho, approved for short-term rentals.

    Property size:
    800 SF

    Property Features for 525 N 1St

    General Information

    Size
    800 SF

    Building Details

    Year built
    2025

    Source: Keller Williams Jackson Hole Agent Axen Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Driggs Condominium with Rental Potential

    Located in Driggs, Idaho, "The Flats at Teton Peaks" is a new condominium development offering housing for both homeowners and investors. The condominiums are approved for both long-term and short-term overnight rentals. These two-bedroom, two-full-bathroom condominiums feature quartz countertops, 9-foot ceilings, LED recessed lighting, LVP flooring, stainless steel appliances, and a full-size washer/dryer. Each unit includes a ducted heating and cooling system. The Homeowners Association (HOA) fee is $150 per month, covering garbage, landscape maintenance, snow removal, insurance on the exterior of the buildings, and common areas. Exterior amenities include landscaping, a pickleball court, gazebos, and a dog walking area. The property size is 800 square feet.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Driggs
    County
    Teton
    State
    Idaho
    Longitude
    -111.108801
    Latitude
    43.730382

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      Driggs Condominium with Rental Potential

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    FAQs

    What type of property is this?
    Short term rental property - New two-bedroom condominium in Driggs, Idaho, approved for short-term rentals.
    Where is this short term rental property located?
    The property is located at 525 N 1St, Unit ##B102 Driggs, ID.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: - Approved for both long-term and short-term rentals, appealing to both homeowners and investors.; - Affordable housing in Driggs, Idaho, near the Grand Tetons and Grand Targhee ski resort.; - Features modern amenities including **quartz countertops, stainless steel appliances, and in-unit washer/dryer.**
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    525 N 1St, Unit ##B102 Driggs, ID 83422
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