251 E Wallace Ave.
In-town Driggs city lot, this parcel has a high “walkability” score.
Why it’s a good deal:
It’s not so much that it’s a “good deal” at 58k for just .28 acres. It does however check boxes that other lots can’t. In-town, no cc&r’s, ability for a duplex, no size requirement, trees in the backyard area. Check.
How much?
Just reduced, $58,000.
How quick will it sell?
I’m not sure. It’s going to take a buyer that recognizes the in-town value.
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If any of you read the local paper, or follow social media etc. here in Teton Valley, you probably remember the drama with a Condo Homeowner’s Association in Driggs, ID that made the decision to require landowners and property managers to restrict long-term rentals (longer than 30 days) to “single family” use. That association later defined single family as:
Why it’s a good deal:
I was posting a few signs last week, and noticed an old (2007 or so) subdivision sign at Teton Meadows. In a way, it’s a testament of where prices once were. If you can’t read it, it says “Lots Starting at $265,000”. Yes, those were the old days. The height of the market, just before the bubble.