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Independent Living Community
For Sale
$10,500,000

4923 N Cortona Way, Meridian, ID 83646

Independent living community serving adults age 55 and older.

Property SizeContact for details
Days on Market446

Property Features for 4923 N Cortona Way

General Information

Standard status Active
Property subtype Commercial
Zoning City of Meridian-C-G

Amenities

No
Square Feet
5 - 9.9 Acres
6.56
Listing Agency: Pipkin & Associates
Listed By: Alex Peterson
Source: Homesofidaho
Added: Jun 12, 2025 Changed: Aug 29 Last Checked: Aug 29 at 7:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pipkin & Associates

Investment Insights

Based on property information with market context.

This senior housing property is designed around independent living for adults age 55 and older, with a community-oriented residential concept and resort-style positioning. The offering is intended to combine housing with amenities and services tailored to retirees and near-retirees.

The property encompasses 6.56 acres at 4923 N Cortona Way in Meridian, Idaho. It is zoned City of Meridian-C-G, providing a defined municipal land-use framework for the site.

Key Highlights

  • Independent living concept for adults age 55 and older
  • 6.56‑acre property
  • Zoned City of Meridian‑C‑G

Property Analytics

Current Use

Resorts

Suggested Use

Top Pick Building Supply Law Firm Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
Under-served
Demand for This Use

Demographics for 83646, ID

69,818
Population
26,829
Households
2.6
Avg Household Size
36
Median Age
44%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
2,557
Density / Sq Mi
$101,040
Median Household Income
$47,397
Median Earnings
$1,814
Median Rent
$488,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Independent living community serving adults age 55 and older.
Where is this senior housing / retirement home located?
The property is located at 4923 N Cortona Way Meridian, ID.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Independent living concept for adults age 55 and older; 6.56‑acre property; Zoned City of Meridian‑C‑G
More about this property
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