This incredible gated downtown estate is like no other. Completely rebuilt in 2013 by Architect Nick Latham and Ziegler Construction, the iconic lodge-style home was originally built by Winston Lauder. Designed around a stunning interior courtyard with water features and expansive outdoor patios, the interior offers four bedroom suites, a glass-walled executive office, and a gracious great room. Perfect for entertaining, the great room and dining area open to exterior patios with incredible landscaping, ponds and streams. The upstairs primary suite features a spa-like bathroom, an enormous dressing room, and its own sitting room.
The lower level has enough space for two more bedroom suites -- however the current owners have it laid out as an enormous entertainment/game room. Lots of possibilities here.
Additionally there is guest suite (with its own entrance) over the garage -- perfect for a caretaker, nanny or visiting friends.
Built from hand 8" x 10" white pine timbers from Wyoming and Idaho and Oakley stack stone, the interiors were hand adzed flat to create interior log walls suitable for displaying artwork.
The roof is solid vertical seam copper, and the entire home includes both radiant heat and air conditioning. Estimated replacement value for is between $24 - $25 million.
Leave your car in the garage, as downtown shopping and restaurants are just steps away. This is a rare and special property.
For sale
$18,500,000
480 Walnut Ave N, Ketchum, ID 83340
4beds
11,903sqft
Single Family Residence
Built in 1990
0.43 Acres Lot
$-- Zestimate®
$1,554/sqft
$-- HOA
What's special
Gated downtown estateExpansive outdoor patiosGlass-walled executive officeFour bedroom suitesUpstairs primary suiteSpa-like bathroomGracious great room
- 11 days |
- 565 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Rixon + Cronin 208-622-7722,
Keller Williams Sun Valley Southern Idaho
Source: Sun Valley BOR MLS,MLS#: 25-334000
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Features
- Smart Thermostat
- Flooring: Wood
- Windows: Energy Eff. Windows
- Has fireplace: Yes
Interior area
- Total structure area: 11,903
- Total interior livable area: 11,903 sqft
- Finished area above ground: 11,903
Property
Parking
- Parking features: Garage - Attached
- Has attached garage: Yes
Features
- Patio & porch: Patio
Lot
- Size: 0.43 Acres
Details
- Parcel number: RPK0000089002B
- Zoning: K/CC
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Lodge
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1990
Community & HOA
Community
- Subdivision: Ketchum Townsite
HOA
- Has HOA: No
Location
- Region: Ketchum
Financial & listing details
- Price per square foot: $1,554/sqft
- Tax assessed value: $9,227,401
- Annual tax amount: $31,553
- Date on market: 6/17/2026
- Inclusions: Washer, Dryer
- Exclusions: Seller's personal possessions
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$7,303/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $18,500,000-7.5%$1,554/sqft |
Source: | ||
| 11/14/2025 | Listing removed | $19,995,000$1,680/sqft |
Source: | ||
| 6/30/2025 | Listed for sale | $19,995,000$1,680/sqft |
Source: | ||
| 4/29/2025 | Listing removed | $19,995,000$1,680/sqft |
Source: | ||
| 12/4/2024 | Listed for sale | $19,995,000$1,680/sqft |
Source: | ||
| 9/30/2024 | Listing removed | $19,995,000$1,680/sqft |
Source: | ||
| 8/13/2024 | Listed for sale | $19,995,000+589.5%$1,680/sqft |
Source: | ||
| 10/21/2012 | Listing removed | $2,899,900$244/sqft |
Source: Sun Valley Sotheby's International Realty #12-312883 Report a problem | ||
| 8/30/2012 | Price change | $2,899,900-3.3%$244/sqft |
Source: SUN VALLEY SOTHEBYS INTERNATIONAL REALTY Report a problem | ||
| 8/7/2012 | Listed for sale | $2,999,900-24.1%$252/sqft |
Source: SUN VALLEY SOTHEBYS INTERNATIONAL REALTY Report a problem | ||
| 3/21/2012 | Listing removed | $3,950,000$332/sqft |
Source: Coldwell Banker Distinctive Properties #11-310318 Report a problem | ||
| 3/17/2012 | Listed for sale | $3,950,000$332/sqft |
Source: Coldwell Banker Distinctive Properties #11-310318 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,554 +24% | $9,227,401 +23.8% |
| 2024 | $25,443 +12.2% | $7,454,802 +19.5% |
| 2023 | $22,669 -5.8% | $6,239,727 +1.8% |
| 2022 | $24,063 +5.8% | $6,130,197 +32.3% |
| 2021 | $22,738 +7.6% | $4,634,329 +28.2% |
| 2020 | $21,134 -0.8% | $3,615,761 |
| 2019 | $21,297 +2.3% | $3,615,761 +20.9% |
| 2017 | $20,825 | $2,991,375 +2.6% |
| 2016 | $20,825 | $2,915,615 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 83340
Nearby schools
GreatSchools rating
- 7/10Ernest Hemingway Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 5/10Wood River High SchoolGrades: 9-12Distance: 12.1 mi
- 4/10Wood River Middle SchoolGrades: 6-8Distance: 11 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Idaho
- Blaine County
- Ketchum
- 83340
- 480 Walnut Ave N



