Build your dream mountain retreat in the highly sought-after Malad Summit, affectionately known by locals as "God Country" for its breathtaking mountain views, towering pines, abundant wildlife, and endless outdoor recreation. This exceptional property is truly build-ready, with many of the costly and time-consuming improvements already completed. A shared well serving only one other lot has been drilled, recorded with the county, and equipped with a new continuous pressure system for reliable water service. A newly installed, insulated septic system is stubbed and ready for connection. Power and fiber internet are available at the lot, while the driveway, road base, and major excavation work have already been completed. The site is prepared for a modular, manufactured, or stick-built home, with additional excavation already in place for a future ADU, guest house, shop, or other improvements. Simply bring your home, install a propane tank, and begin enjoying mountain living. This desirable subdivision offers outstanding flexibility, allowing manufactured homes, modular homes, stick-built homes, ADUs (with county approval), and short-term rentals, making it an excellent opportunity for both a private mountain getaway and an income-producing investment property. The HOA is minimal and primarily focused on maintaining the roads, entrances, and shared amenities. Annual HOA dues are approximately $150 per acre, totaling roughly $450 per year. Enjoy year-round access with an easy commute while being surrounded by some of Southern Idaho's most spectacular scenery. Outdoor enthusiasts will love the nearby hiking, ATV and UTV trails, horseback riding, fishing streams, reservoirs, hunting, and thousands of acres of public recreational land. With an estimated $65,000-$75,000 already invested in site improvements, this property offers tremendous value while allowing you to bypass much of the expense, time, and hassle associated with preparing raw land. Whether you're looking to build your forever home, a vacation retreat, or an investment property with short-term rental potential, this rare offering checks all the boxes. Don't miss this opportunity to own a ready-to-build mountain property in one of Idaho's most scenic and desirable recreational communities. Be sure to check out the video tour! Buyer to verify all information.
Active
$184,000
464 E Velvet Rub Rd, Malad City, ID 83252
--beds
--baths
2.5Acres
Residential
Built in ----
2.5 Acres Lot
$255,100 Zestimate®
$--/sqft
$38/mo HOA
What's special
Abundant wildlifeTowering pinesBreathtaking mountain views
- 18 hours |
- 25 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Amy Rupp 435-760-3286,
Berkshire Hathaway Home Services Intermountain Properties
Source: PCTMLS,MLS#: 582934
Facts & features
Property
Lot
- Size: 2.5 Acres
Details
- Parcel number: RP0281939
- Zoning description: City Zoning: Residential,County Zoning: Residential Rural
Utilities & green energy
- Water: Well-Private
Community & HOA
Community
- Subdivision: Elkhorn Ridge
HOA
- Has HOA: Yes
- HOA fee: $450 annually
Location
- Region: Malad City
Financial & listing details
- Tax assessed value: $50,000
- Annual tax amount: $250
- Date on market: 6/25/2026
- Listing terms: Cash,Conventional
Estimated market value
$255,100
$176,000 - $352,000
$773/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $184,000 |
Source: | ||
| 4/29/2026 | Listing removed | $500 |
Source: Zillow Rentals Report a problem | ||
| 4/8/2026 | Listed for rent | $500 |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $261 +8.6% | $50,000 |
| 2023 | $240 -14.8% | $50,000 |
| 2022 | $282 +79.1% | $50,000 +100% |
| 2021 | $157 +31.2% | $25,000 +39.9% |
| 2020 | $120 +2960.2% | $17,875 +3092% |
| 2019 | $4 +4.3% | $560 -5.1% |
| 2018 | $4 -4.1% | $590 +15% |
| 2017 | $4 +11.4% | $513 |
| 2016 | $4 -4.3% | $513 |
| 2015 | $4 -9.8% | $513 |
| 2014 | $4 | $513 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 83252
Nearby schools
GreatSchools rating
- 5/10Malad Elementary SchoolGrades: PK-5Distance: 10.1 mi
- 8/10Malad Middle SchoolGrades: 6-8Distance: 11.1 mi
- 5/10Malad Senior High SchoolGrades: 9-12Distance: 11.1 mi
Schools provided by the listing agent
- Elementary: Malad
- Middle: Malad
- High: Malad
Source: PCTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Idaho
- Oneida County
- Malad City
- 83252
- 464 E Velvet Rub Rd






