For sale

Price cut: $1.7M (9/2)

$4,800,000

11248 N 5000 W, Felt, ID 83424

3beds

1,828sqft

$28,413/mo

Get pre-qualified

Single Family Residence, Residential

Built in 2024

206 Acres Lot

$-- Zestimate^®

$2,626/sqft

$-- HOA

What's special

Lush pasturesOpen floor planBrand-new custom homeRadiant-heated floors throughoutPristine riparian corridorsRolling hills

Rare 206-acre Teton Valley ranch with rolling terrain, live water, and unobstructed four-peak Teton views. Seasonal Bull Elk Creek runs the southern boundary. Lush pasture and a pristine riparian corridor -- a working landscape, not flat farmland. Currently grazed; historically planted. Water rights negotiable. Recently completed custom home, finished December 2024: 1,828 SF, 3 bed, 3 bath, open plan, radiant-heated floors throughout including the attached 3-car garage, substantial upgrades. About 15 minutes to Driggs on the quiet side of the Tetons. A legacy holding in one of the Rocky Mountain West's most sought-after ranching and recreation regions. The adjacent 112 acres is also available under separate listing for a total of 318 contiguous acres.

115 days
247
12

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Hydronic in-floor, Other

Cooling

Central Air

Features

Basement: None

Interior area

Total structure area: 1,828
Total interior livable area: 1,828 sqft
Finished area above ground: 0
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: Gravel, Garage Door Opener
Garage spaces: 3

Features

Exterior features: Water Feature
Fencing: Fenced
Has view: Yes
View description: Water, Valley, Grand Teton View, Teton View, Mountain(s), Scenic
Has water view: Yes
Water view: Water
Waterfront features: Pond, Creek, River Front, Waterfront
Frontage type: Creek Frontage,River,Waterfront

Lot

Size: 206 Acres
Features: Wooded, Rolling Slope, Year Round Access, ST Rentals Allowed, Seasnl Strm (Ditch), Not in Subdivision

Details

Parcel number: RP07N44E360015, RP07N44E368000
Zoning description: Agricultural
Other equipment: Leased

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Composition, Steel Siding, Stick Built On Site
Roof: Shingle

Condition

Year built: 2024

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Leased

Green energy

Energy efficient items: Lighting, Thermostat

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Felt

Financial & listing details

Price per square foot: $2,626/sqft
Annual tax amount: $2,680
Date on market: 5/11/2026
Has irrigation water rights: Yes
Road surface type: Gravel

Estimated market value

Not available

Estimated sales range

Not available

$3,960/mo

Price history

Date	Event	Price
9/2/2026	Price change	$4,800,000-25.9%$2,626/sqft
Source: TBOR #26-1019 Report a problem
7/29/2026	Price change	$6,475,000-5.8%$3,542/sqft
Source: TBOR #26-1019 Report a problem
5/11/2026	Listed for sale	$6,875,000$3,761/sqft
Source: TBOR #26-1019 Report a problem