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    2 Rivers Edge Rd Challis, ID 83226

    Sponsored
    For Sale
    $62,000

    1-Acre Residential Lot, Mountain Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre residential lot is situated in the tranquil Rivers Edge Ranch Subdivision in Challis, Idaho, boasting breathtaking mountain views. Part of a small development of three 1-acre parcels, this property presents a unique opportunity for those seeking a peaceful escape. Located at TBD Lot 2 Rivers Edge Rd, Challis, ID 83226, this lot offers a serene setting with minimal deed restrictions, ensuring quiet enjoyment. Developed in 1976, this is the first time this particular lot has been offered for sale, providing a rare chance to own a piece of Idaho's natural beauty. Electricity is readily available at the subdivision's edge, simplifying the process of building your dream home. The lot's size is precisely one acre, providing ample space for a residence and potential landscaping. Buyers will appreciate the quiet and scenic location, perfect for those seeking a secluded retreat amidst stunning mountain vistas. This is an ideal opportunity to build a custom home in a peaceful, established subdivision with convenient access to electricity. Don't miss this chance to own a piece of Idaho's captivating landscape.

    Property Features for 2 Rivers Edge Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • $62,000 asking price.
    • 1‑acre residential land lot.
    • Located in Challis, ID, zip code 83226, at TBD Lot 2 Rivers Edge Rd.
    • Mountain views.
    • Electricity at subdivision edge.
    • Minimal deed restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Challis
    County
    Custer
    State
    Idaho
    Longitude
    -114.29849291881
    Latitude
    44.294625285881

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    FAQs

    What type of property is this?
    Land - 1-Acre Residential Lot, Mountain Views
    Where is this land located?
    The property is located at 2 Rivers Edge Rd Challis, ID.
    What is the asking price?
    The asking price for this property is $62,000.
    What are key features of this property?
    This property features: $62,000 asking price.; 1-acre residential land lot.; Located in Challis, ID, zip code 83226, at TBD Lot 2 Rivers Edge Rd.
    Request Owner's contact information
    2 Rivers Edge Rd Challis, ID 83226
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    Challis, ID 83226
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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
    2 Rivers Edge Rd Challis, ID 83226
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