A rare opportunity to own one of Island Park's premier legacy properties. Spanning 80.46 acres with panoramic views of Henrys Lake and the Centennial Mountain Range, this remarkable property offers privacy, recreation, and unlimited future potential. The property features a 1,560 sqft cabin with 3 bedrooms and 2 bathrooms, plus a separate guest residence offering an additional 2 bedrooms, 3 bathrooms, a full kitchen, laundry room, and approximately 1,000 sqft of living space above a heated pull through shop. A year round stream winds through the property and includes valuable water rights. A private pond, expansive meadows, mature timber, and abundant wildlife create a setting that showcases the very best of Island Park. Moose, elk, deer, and bears are frequent visitors. Approximately 1,000 feet borders National Forest, providing direct access to endless outdoor recreation. ATV and snowmobile trails are nearby, while world class fishing at Henrys Lake is just across the road. With excellent access, exceptional privacy, breathtaking views, and potential future subdivision opportunities, this is a truly unique Idaho mountain property designed to be enjoyed for generations.
For sale
$7,750,000
3761 Highway 87, Island Park, ID 83429
5beds
2,560sqft
Single Family Residence
Built in 1990
80.46 Acres Lot
$-- Zestimate®
$3,027/sqft
$-- HOA
What's special
Abundant wildlifePrivate pondSeparate guest residenceLaundry roomMature timberExpansive meadowsFull kitchen
- 126 days
- 907
- 34
Zillow last checked:
Listing updated:
Listed by:
Jake Johnson 307-413-8488,
Axen Realty
Source: SRMLS,MLS#: 2186951
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Additional Dwelling Unit
Family room
- Level: Main,Upper
Kitchen
- Level: Main,Upper
Living room
- Level: Main,Upper
Basement
- Area: 0
Heating
- Electric, Propane, Cadet Style
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Gas Range, Refrigerator, Washer, Gas Water Heater
- Laundry: Main Level, Laundry Room
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Main Floor Family Room, Master Downstairs, Master Bath, Mud Room, Storage, Workshop
- Flooring: Hardwood, Tile
- Basement: None
- Number of fireplaces: 2
- Fireplace features: 2, Insert, Propane
Interior area
- Total structure area: 2,560
- Total interior livable area: 2,560 sqft
- Finished area above ground: 2,560
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: 4 Stalls, Detached, Garage Door Opener, Gravel
- Garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: 3+, Covered, Deck, Porch
- Fencing: Wood,Partial
- Has view: Yes
- View description: Mountain(s), Valley, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Pond
Lot
- Size: 80.46 Acres
- Features: Livestock Permitted, Rural, Secluded, Wooded, Borders Public Land, Near Lake, Near Stream/River, Many Trees
Details
- Additional structures: Outbuilding
- Parcel number: RP16N43E320449
- Zoning description: Fremont-R1-Residential Sngl Fm
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Primary Exterior Material: Log, Primary Exterior Material: Wood Siding
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Year built: 1990
Utilities & green energy
- Electric: Fall River Power
- Sewer: Private Sewer
- Water: Well
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Island Park
Financial & listing details
- Price per square foot: $3,027/sqft
- Tax assessed value: $973,004
- Annual tax amount: $5,852
- Date on market: 6/9/2026
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
- Inclusions: Appliances And Most Furnishings/Contents Of The Garage Included.
- Exclusions: Personal Items
- Has irrigation water rights: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $7,750,000$3,027/sqft |
Source:  SRMLS #2186951 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,733 -4.7% | $973,004 +1.3% |
| 2024 | $3,915 +5% | $960,378 +4.3% |
| 2023 | $3,728 +7.9% | $920,806 +55.4% |
| 2022 | $3,454 -3.8% | $592,679 +26.7% |
| 2021 | $3,589 | $467,637 +2.1% |
| 2020 | -- | $457,869 |
| 2019 | $3,740 +1.8% | $457,869 +1.7% |
| 2018 | $3,674 | $450,052 +126.4% |
| 2017 | $3,674 +116.9% | $198,770 |
| 2016 | $1,694 +2.1% | $198,770 |
| 2015 | $1,660 +1.9% | $198,770 |
| 2014 | $1,628 | $198,770 |
| 2013 | $1,628 | $198,770 -1.9% |
| 2010 | -- | $202,590 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 83429
Nearby schools
Schools provided by the listing agent
- Elementary: Island Park Charter School
- Middle: NORTH FREMONT A215JH
- High: NORTH FREMONT A215HS
Source: SRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
