Commercial Land Development
For Sale
$12,000,000
5218 Hwy 20, Island Park, ID 83429
COMMERCIAL - Island Park, ID
Property Size3,460 SF
Lot Size124.50 Acres
Price / SF$3,468
Days on Market320
Property Features for 5218 Hwy 20
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Zoning: Commercial, Specific Zoning: Fremont-C1-Commercial
Lot features
Many Trees, Garden, Secluded, Wooded, Borders Public Land, Near Lake
View
Valley, Water
Elementary school
Island Park Charter School
Middle school
North Fremont A215JH
High school
North Fremont A215HS
Directions
HWY 20 Just north of the HWY 87 HWY 20 intersection.
Standard status
Active
APN
RPI15N43128702
Lot size
124.50 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
ISLAND PARK TAX 6769 IN SEC 12 SEC 12 TWP 15 RGE 43
Tax Annual Amount
5504
Legal Description
ISLAND PARK TAX 6769 IN SEC 12 SEC 12 TWP 15 RGE 43
Utilities
Sewer type
Private Sewer
Water source
Well
Water front
1
Amenities
hot tubs
natural springs
Listing Agency:
Axen Realty
(208) 437-7122
Listed By:
Jake Johnson · License #SP48273
(208) 437-7122
Added: Oct 2, 2025
Changed: Aug 4
Last Checked: Aug 17 at 1:06AM
MLS# 2156020
Copyright © 2026 Snake River Regional MLS. 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 124.5-acre commercial and residential property includes approximately 10 acres zoned for commercial use. Improvements on the site consist of two 1,250 sq ft cabins and two 480 sq ft tree houses, all built within the last five years. The custom cabins include full kitchens, full bathrooms, comfortable living rooms, and porches with hot tubs. The tree houses are perched off the side of the mountain among tall Douglas fir trees and are positioned to take in expansive views.
The property sits just north of the intersection of HWY 20 and HWY 87 and offers approximately 900 feet of highway frontage. It is about 14 miles from the west entrance of Yellowstone National Park. There are two wells on the property, along with natural springs.
The back of the property borders Targhee National Forest and supports abundant wildlife.
The property sits just north of the intersection of HWY 20 and HWY 87 and offers approximately 900 feet of highway frontage. It is about 14 miles from the west entrance of Yellowstone National Park. There are two wells on the property, along with natural springs.
The back of the property borders Targhee National Forest and supports abundant wildlife.
Key Highlights
- 124 acres with both commercial and residential zoning, unlocking diverse development potential.
- Prime location near HWY 20 and HWY 87, boasting 900 ft of highway frontage.
- Close proximity to Yellowstone National Park (just 14 miles to the west entrance).
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 83429, ID
980
Population
3,388
Households
0.3
Avg Household Size
61
Median Age
35%
College-Educated
94%
High-School Grad
494.6 sq mi
ZIP Area
2
Density / Sq Mi
$79,750
Median Household Income
$29,500
Median Earnings
$473,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - 124.5-acre tract with commercial zoning, 900 ft of highway frontage, and multiple guest accommodations on-site.
Where is this short term rental property located?
The property is located at 5218 Hwy 20 Island Park, ID.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 124 acres with both commercial and residential zoning, unlocking diverse development potential.; Prime location near HWY 20 and HWY 87, boasting 900 ft of highway frontage.; Close proximity to Yellowstone National Park (just 14 miles to the west entrance).
