Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Eagle, ID 10-Acre Land Parcel Title is generated by Realmo AI

    5487 N Willean Ln, Eagle, ID 83616

    View on Map
    Claim this Listing
    New
    For Sale
    $1,600,000

    LAND - Eagle, ID

    Lot size:
    10.00 Acres
    Added:
    May 29, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 3 at 12:06 pm

    Property Features for 5487 N Willean Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R3616300122
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PAR #0122 POR OF LOTS 12-13 & 14 BLK 01 HIGHLANDER ESTATES SUB PARCEL D R/S 5968 #0130-S #0120-B #0140-B
    Tax Annual Amount
    3269

    Utilities

    Utilities
    Electricity Available
    Water source
    Well

    We can help!

    Listing Contact
    Teresa Stenlund

    Listing agent Teresa Stenlund License #SP48544

    Listing office Keller Williams Realty Boise 1065 S Allante, Boise, ID

    Listing date May 29, 2026

    MLS# 98988232 Listing URL

    Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 10‑acre parcel in desirable Eagle location
    • Incredible panoramic views
    • Well already installed
    • Paved driveway to build site
    • Electricity available
    • Close proximity to Eagle amenities, recreation, dining, and shopping

    Overview

    This 10-acre parcel in Eagle, Idaho, offers panoramic views and a paved driveway leading to the build site. A well is already installed on the property. The location provides a blend of privacy and natural beauty, with convenient access to Eagle amenities, recreation, dining, and shopping. This property is suitable for a custom estate, retreat, or forever home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Eagle
    County
    Ada
    State
    Idaho
    Longitude
    -116.366093
    Latitude
    43.747484

    Nearby Similar for Sale

    • $1,985,000

      Eagle, ID Acreage Opportunity

      3.78 acres in Eagle with development potential.
      W Moon Valley Road, Eagle, ID 83616
      View Details
    • $1,985,000

      Eagle Land with Development Potential

      3.78 acres in Eagle with development and investment opportunities.
      W Moon Valley Road, Eagle, ID 83616
      View Details
    • $1,399,900

      Banbury Estate Lot Opportunity

      One-acre estate lot in Eagle's prestigious Banbury community.
      1399 W Newfield Dr, Eagle, ID 83616-6464
      View Details
    • $1,449,000

      Eagle, ID Land with Views

      5 acre property with panoramic views, ready for horses/livestock.
      4640 N Skyline Dr, Eagle, ID 83616
      View Details
    • $12,000,000

      Riverside Land in Eagle, Idaho

      56+ acres in Eagle with river access and development potential.
      W Duck Alley Rd, Eagle, ID 83616
      View Details
    • $1,150,000

      Eagle, ID Land Opportunity

      23.45 acres of land with great views in Eagle.
      Pearl, Eagle, ID 83616
      View Details
    • $685,000

      Waterfront Lot in Eagle, ID

      Exceptional waterfront lot in Eagle's Terra View community.
      3718 N Harvest Moon Way, Eagle, ID 83616
      View Details
    • $642,600

      Waterfront Homesite in Eagle, Idaho

      Premier .34-acre waterfront homesite in Eagle's Terra View community.
      3443 N Harvest Moon Way, Eagle, ID 83616
      View Details
    • $694,550

      Waterfront Homesite in Terra View

      Premier waterfront homesite in Eagle's Terra View Subdivision.
      3429 N Harvest Moon Way, Eagle, ID 83616
      View Details
    • $1,900,000
      6,060 SF

      New Flex Building in Eagle

      Flex building suitable for retail, showroom, and industrial uses.
      1395 E Iron Eagle Dr, Eagle, ID
      View Details
    • $425,000

      Land in Eagle, Idaho

      Residential land for custom home in Eagle's Shingle Creek.
      179 N Timber Wolf Pl, Eagle, ID 83616
      View Details
    • $680,000

      Waterfront Land in Eagle, Idaho

      Luxury waterfront land with resort-style amenities in Eagle, Idaho.
      7600 W Windhurst Ave., Eagle, ID 83616
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 10 acres in Eagle with panoramic views and well.
    Where is this residential land & home lot located?
    The property is located at 5487 N Willean Ln Eagle, ID.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 10‑acre parcel in desirable Eagle location; Incredible panoramic views; Well already installed
    (208) 504-1699
    We can help!
    Listing Contact
    Teresa Stenlund
    Real Estate License ID: SP48544
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5487 N Willean Ln, Eagle, ID 83616
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!