Rare land-banking and near-term development opportunity in Shelley, Idaho, in one of the fastest-growing corridors of the Idaho Falls market. The Parks Subdivision offers 79 acres across two phases totaling 104 approved residential lots. Phase 3 (27 ac / 34 lots) is shovel-ready with trunk sewer in place and ~50% pressurized irrigation, minimal carry time to lot sales. Phase 4 (52 ac / 70 lots) is fully entitled and currently ag-leased, offering a strong land-bank play with approvals already secured. City of Shelley has agreed in writing to serve all lots, removing a major development risk. Site sits in Flood Zone C (outside the SFHA) with access off Center Street (1300 North). Phases 1 and 2 of The Parks are complete, sold out, and City-accepted, a proven track record on this subdivision. Priced competitively to comparable unentitled land in the Shelley/Bonneville County area, with built-in equity from day one. Entitled, sewer-ready ground like this is increasingly hard to find. Contact listing agent for the full Offering Memorandum.
| MLS # | 2189429 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $100 |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 18 |
| Listing Provided By | Keller Williams Realty East Idaho | Bryce Bradshaw |
| Zoning | General Zoning: Res-Single Famil |
|---|---|
| Acreage | 79.00 |
| Property | 1821 |
|---|
| State | ID |
|---|---|
| County | Bingham |
| City | Shelley |
| Zip Code | 83274 |
| Community Name | The Parks |
| School District | Shelley 60HS |
| Elementary School | Sunrise Elementary-1-2 60EL |
| High School | Shelley 60HS |
| Listing VS Median (in The Parks) | |
Price: $3,950,000 low | high Med: $600,000 On site: 18 low | high Med: 137.5 | |
| State | ID |
|---|---|
| County | Bingham |
| City | Shelley |
| Zip Code | 83274 |
| Community Name | The Parks |
| School District | Shelley 60HS |
| Elementary School | Sunrise Elementary-1-2 60EL |
| High School | Shelley 60HS |
| Listing VS Median (in The Parks) | |
Price: $3,950,000 low | high Med: $600,000 On site: 18 low | high Med: 137.5 | |