$879,900

1052 E 129 N, Idaho Falls, ID 83401

  • 5 baths |
  • 10,344 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon2.14acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $85/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

This one-of-a-kind property is a former schoolhouse reimagined as a unique residence—yet still retains its incredible 2,400 sq ft gymnasium, complete with a built-in trampoline, foam pit, and a whimsical two-story playhouse. Ideal for families, entertainers, or entrepreneurs, the gym is also perfect for events, parties, or rental use by tumbling or dance instructors. The building includes a former classroom with its own bathroom, ideal for a preschool, homeschool setup, or creative studio space. Once home to Coltman Academy Preschool, this property is ready for continued educational use or further residential development. The main living area offers 5 bedrooms and 4 bathrooms, perfect for a large family, co-living arrangement, or Airbnb. A separate 1-bedroom apartment in the basement generates $1,200/month in rental income, ideal for passive income or on-site staff. The massive 7,000 sq ft attic boasts soaring 16-ft ceilings and is ready to be finished into additional living space or even a venue. With the neighboring lot recently rezoned commercial, this property offers exciting potential for future development. Rare, flexible, and full of opportunity—this is more than a home; it's a lifestyle and an investment in one!

Listing Status:
Active
Listing Office:
Silvercreek Realty Group : 208-523-6111
MLS ID:
2178763
  • Basement: PartialPartially Finished
  • A/C: None
  • Heating: PropaneRadiant
  • Parking: Off StreetParking Lot
  • Roofing: MetalRolled/Hot Mop
  • General: BrickFrameBrickBrickConcrete Perimeter
  • HOA Amenities: None
  • Originating MLS: Snake River
  • County: Bonneville
  • Zoning: Exhibit ARP03N38E080634
  • Current Use: Other
  • Utilities: Rocky Mountain Power
  • Water: Well
  • Sewer: Septic System
  • Source: Snake River
  • Exclusions: Seller's Personal Property

This listing courtesy of Silvercreek Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fairview Elementary School

979 E 97th N, Idaho Falls, ID, 83401

Grades KG-6

1.95 miles away

B

Bonneville Online Elementary School

2017 E 49th N, Idaho Falls, ID, 83401

Grades PK-8

5.03 miles away

B

Bonneville High School

3165 E Iona Rd, Idaho Falls, ID, 83401

Grades 9-12

6.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.