3878 Rainbow Dr, Island Park, ID 83429

$799,900
3
BD
2
BA
1,856
SqFt

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List Price
$799,900
Status
ACTIVE
Price Change
▼ $25,100 1794634182
MLS#
584031
Style
Ranch
Year Built
2021
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,856
Lot Size
14,810
Price Per Sqft
$430
Acres
0.34
Subdivision
Buffalo River Est
MLS Area Major
Island Park

Property Description

Island Park Cabin | Built for Adventure, Designed for Comfort Experience the best of Island Park living in this beautifully designed, modern mountain cabin located in Buffalo River Estates. Built with quality, functionality, and year-round enjoyment in mind, this property offers a unique combination of durable construction, upscale finishes, recreational convenience, and established vacation rental income. The cabin features Insulated Concrete Form (ICF) construction, with 11-inch-thick exterior walls consisting of 5 inches of insulation and 6 inches of concrete. This construction provides exceptional strength, insulation, and energy efficiency, making it especially well-suited for Island Park's mountain climate. The modern architectural design features a single-pitch 4/12 roof, exposed glulam beams, and fully covered front and rear outdoor spaces, allowing you to enjoy the property in every season without worrying about clearing snow from your porch or deck. Inside, you'll find a high-end kitchen with custom cabinetry, granite countertops, and upgraded stainless steel appliances, including a built-in microwave and range hood. The main-floor bathroom offers a beautiful tile shower, oversized soaking tub, and dual vanity. The cabin also features central heating and air conditioning, propane heat, and a remotely controlled built-in propane fireplace for added comfort. The lower level offers additional bedroom and bathroom space, a laundry area, and a heated garage/mechanical room with an insulated double swinging garage door. This unique setup makes it easy to bring snowmobiles, ATVs, and other recreational toys directly in and out of the backyard. The garage area also offers potential for future conversion into additional finished living space. Outside, the property is set up for enjoying everything Island Park has to offer. There's a custom concrete fire pit, an RV pad with water and sewer connections already in place, and plenty of parking for trailers, snowmobiles, side-by-sides, and other recreational vehicles. The cabin offers 3 bedrooms and 6 beds, comfortably accommodating up to 12 guests. It has also established itself as a successful vacation rental, generating approximately $45,000 in gross revenue over the past two rental seasons. Current management is through Prime Properties, and historical financial information may be made available to qualified, serious buyers. Additional features include: 30-year metal roof and upgraded vinyl siding Fiber internet through Blackfoot Communications Electricity provided by Fall River Electric Private septic system Community water through Buffalo River Estates HOA-maintained private roads with community snow removal Community water system upgrades currently underway. Whether you're looking for a personal mountain getaway, an investment property, or a combination of both, this Island Park cabin offers the construction, amenities, and recreational access to make mountain living enjoyable year-round.

Additional Information

Taxes
$2,123
HOA
Yes
HOA Fee
$450
HOA Freqency
Yearly
Property Description
Ranch
Appliances
Range/Oven, Dishwasher, Microwave, Water Heater-Electric
Heating
Forced Air
Air Conditioning
Central
Garage
Under
Garage Spaces
1
Elementary School
Henry's Fork
Middle School
North Fremont
High School
North Fremont

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Listing courtesy of Premier Properties Real Estate Co..