3740 The Pt Island Park, ID 83429
Seize this exceptional opportunity to own a breathtaking 1.13-acre waterfront lot nestled within the gated Centennial Shores community in Island Park, Idaho. This remarkable property boasts unparalleled mountain views and stunning unobstructed sunrises and sunsets over the Island Park Reservoir. The lot's location offers year-round accessibility, making it ideal for enjoying outdoor activities such as boating, snowmobiling, and ATV riding. The permitted Fremont-R1-Residential SNGL FM zoning allows for the construction of a primary residence and even a guest house, presenting a lucrative potential for short-term rentals. Imagine building your dream home on this picturesque waterfront property, complete with your own private dock, providing direct access to the reservoir. The lot is conveniently equipped with essential utilities, including water, power, phone, and fiber optic connections, ensuring a seamless building process. This is more than just a lot
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.