464 E Velvet Rub Rd #33, Malad City, ID 83252
Local realty services provided by:Better Homes and Gardens Real Estate Momentum
464 E Velvet Rub Rd #33,Malad City, ID 83252
$174,000
- 2.5 Acres
- Lots / Land
- Active
Listed by: amy rupp
Office: berkshire hathaway home services intermountain properties
MLS#:2168266
Source:SL
Price summary
- Price:$174,000
- Monthly HOA dues:$37.5
About this home
Build your dream mountain retreat in the highly sought-after Malad Summit, affectionately known by locals as "God Country" for its breathtaking mountain views, towering pines, abundant wildlife, and endless outdoor recreation. This exceptional property is truly build-ready, with many of the costly and time-consuming improvements already completed. A shared well serving only one other lot has been drilled, recorded with the county, and equipped with a new continuous pressure system for reliable water service. A newly installed, insulated septic system is stubbed and ready for connection. Power and fiber internet are available at the lot, while the driveway, road base, and major excavation work have already been completed. The site is prepared for a modular, manufactured, or stick-built home, with additional excavation already in place for a future ADU, guest house, shop, or other improvements. Simply bring your home, install a propane tank, and begin enjoying mountain living. This desirable subdivision offers outstanding flexibility, allowing manufactured homes, modular homes, stick-built homes, ADUs (with county approval), and short-term rentals, making it an excellent opportunity for both a private mountain getaway and an income-producing investment property. The HOA is minimal and primarily focused on maintaining the roads, entrances, and shared amenities. Annual HOA dues are approximately $150 per acre, totaling roughly $450 per year. Enjoy year-round access with an easy commute while being surrounded by some of Southern Idaho's most spectacular scenery. Outdoor enthusiasts will love the nearby hiking, ATV and UTV trails, horseback riding, fishing streams, reservoirs, hunting, and thousands of acres of public recreational land. With an estimated $65,000-$75,000 already invested in site improvements, this property offers tremendous value while allowing you to bypass much of the expense, time, and hassle associated with preparing raw land. Whether you're looking to build your forever home, a vacation retreat, or an investment property with short-term rental potential, this rare offering checks all the boxes. Don't miss this opportunity to own a ready-to-build mountain property in one of Idaho's most scenic and desirable recreational communities. Be sure to check out the video tour! Buyer to verify all information....
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Home facts
- Subdivision & Development:ELKHORN RIDGE ESTATES
- Listing ID #:2168266
- Added:94 day(s) ago
- Updated:September 29, 2026 at 07:58 PM
Structure and exterior
- Lot area:2.5 Acres
- Lot Features:Equestrian Access, Horse Property, Secluded, Terrain: Flat, Terrain: Grad Slope
Schools
- High school:Malad
- Middle school:Malad
- Elementary school:Malad
Utilities
- Sewer:Septic Tank, Sewer: Septic Tank
Finances and disclosures
- Price:$174,000
- Tax amount:$250
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