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

Built in 2024

205 Acres Lot

$-- Zestimate^®

$2,626/sqft

$-- HOA

What's special

Live waterLush pastureOpen planRecently completed custom homeRolling terrainPristine riparian corridorUnobstructed four-peak teton views

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
110
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Basement

Area: 0

Heating

Propane

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Built-In Range, Refrigerator
Laundry: Main Level

Features

Flooring: Luxury Vinyl
Basement: None
Number of fireplaces: 1
Fireplace features: 1, Propane

Interior area

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

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: 3 Stalls, Dirt, Gravel
Garage spaces: 3
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Has view: Yes
View description: Mountain(s), Water
Has water view: Yes
Water view: Water
Waterfront features: Waterfront

Lot

Size: 205 Acres
Features: Secluded, Sloped

Details

Parcel number: RP07N44E360015
Zoning description: A/rr 2.5 - Agriculture/rural R

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Primary Exterior Material: Wood Siding
Foundation: Concrete Perimeter

Condition

Year built: 2024

Utilities & green energy

Electric: Fall River Power
Sewer: Septic Tank
Water: Well

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
Listing terms: Cash,1031 Exchange,Owner May Carry

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/2/2026	Price change	$4,800,000-25.9%$2,626/sqft
Source: SRMLS #2186215 Report a problem
7/29/2026	Price change	$6,475,000-5.8%$3,542/sqft
Source: SRMLS #2186215 Report a problem
5/11/2026	Listed for sale	$6,875,000$3,761/sqft
Source: SRMLS #2186215 Report a problem