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Off market
  • Zillow Home logoZestimate®
    $330,400

    40 S 1 W, Preston, ID 83263

    3beds
    1,928sqft
    SingleFamily
    Built in 1925
    8,276 Square Feet Lot
    $330,400 Zestimate®
    $171/sqft
    $1,504 Estimated rent

    Home value

    $330,400

    $314,000 - $347,000

    $1,504/mo

    Zestimate® history
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    $2,099/mo

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    What's special

    Move-in ready and full of potential, this beautifully remodeled 3-bedroom, 1-bath home in Preston offers the perfect blend of comfort, updates, and investment opportunity. Previously operated as a successful Airbnb, short-term rental, and long-term rental, this property is ideal for buyers looking for a primary residence, vacation home, or income-producing investment. The home has been completely remodeled inside and out, with the most recent updates including a brand-new kitchen featuring new custom cabinets, flooring, and appliances. The bright, welcoming layout makes the home feel comfortable and functional, while included furnishings make it even easier to move right in or continue using the property as a rental. The unfinished portion of the basement provides excellent future potential, with room to add an additional bedroom and bathroom. Outside, the home offers space to relax, entertain, or enjoy yard games and outdoor living. Located near local dining, parks, this home is perfectly positioned for both everyday living and outdoor adventure. Whether you are looking for a turnkey home, a proven rental property, or a place with room to grow, this Preston property is a rare opportunity.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Laminate
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,928 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: RP0451000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Concrete
    • Roof: Shake / Shingle
    Condition
    • Year built: 1925

    Community & HOA

    Location
    • Region: Preston

    Financial & listing details

    • Price per square foot: $171/sqft
    • Tax assessed value: $255,975
    • Annual tax amount: $1,129

    Price history

    DateEventPrice
    9/14/2026Listing removed$338,000$175/sqft
    Source: UtahRealEstate.com #2166926 Report a problem
    8/4/2026Price change$338,000-2.9%$175/sqft
    Source: UtahRealEstate.com #2166926 Report a problem
    7/16/2026Price change$348,000-3.1%$180/sqft
    Source: UtahRealEstate.com #2166926 Report a problem
    6/22/2026Price change$359,000+2.6%$186/sqft
    Source: UtahRealEstate.com #2166926 Report a problem
    5/21/2026Listed for sale$349,900+34.6%$181/sqft
    Source: Owner Report a problem
    11/19/2021Listing removed$260,000$135/sqft
    Source: UtahRealEstate.com #1780462 Report a problem
    11/17/2021Listed for sale$260,000$135/sqft
    Source: UtahRealEstate.com #1780462 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,129 +6%$255,975
    2024$1,066 -25.4%$255,975 -1%
    2023$1,428 -16.6%$258,451 +0.5%
    2022$1,712 +7.9%$257,116 +92.8%
    2020$1,587 -4.3%$133,337 +23.1%
    2019$1,658 $108,327 -0.9%
    2018$1,658 +10.5%$109,285 +14.5%
    2017$1,501 $95,481 +0.7%
    2016$1,501 +2.1%$94,783
    2015$1,470 $94,783 +0%
    2014$1,470 -88%$94,782 +0%
    2013$12,264 +671.9%$94,780 -11%
    2011$1,589 +107.7%$106,530 +11.2%
    2010$765 $95,790
    Find assessor info on the county website

    Neighborhood: 83263

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $330,400
    2% more
    +$6,608
    With Zillow Showcase(estimated)
    $337,008
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $330,400
    2% more
    +$6,608
    With Zillow Showcase(estimated)
    $337,008