Rare opportunity to own a versatile property in the conveniently located Cobblecrest subdivision just off Ski Hill Road in the heart of Teton Valley. Situated on 1.38 acres with tip of the Teton views, this unique two-unit configuration offers flexibility for rental income, multi-generational living, or a combination of personal use and investment potential.
The lower level features a fully furnished 2-bedroom, 1-bath unit currently operating as a successful short-term rental, with inviting interior spaces and a large wooden deck/porch area where you can enjoy expansive views toward the Tetons. The upper unit offers an additional 1-bedroom, 1-bath living space with a private balcony and its own peek of the Teton Range. The upper unit is currently leased by a long-term tenant, with the tenancy converting to month-to-month in November.
Located just minutes from downtown Driggs amenities, dining, shopping, and services, this property also offers convenient access to year-round recreation. The Powder Valley Grand Targhee shuttle stop is within walking distance, providing easy access to Grand Targhee Resort in approximately 25 minutes. Enjoy world-class skiing, mountain biking, hiking, fishing, climbing, snowshoeing, and endless outdoor adventures throughout Teton Valley and the surrounding mountains.
With an established short-term rental history, a flexible layout, and a prime Ski Hill Road location, this property offers a rare opportunity to own a piece of Teton Valley lifestyle with built-in versatility and income potential.
Photo annotations, including approximate lot lines, arrows, and labels, are for illustrative purposes only and are not to scale or intended to establish exact boundaries, locations, or distances.
Pending
$729,000
515 Cobblecrest Rd, Driggs, ID 83422
3beds
1,568sqft
Single Family Residence, Residential
Built in 1999
1.38 Acres Lot
$703,100 Zestimate®
$465/sqft
$21/mo HOA
What's special
Flexible layoutInviting interior spacesPrivate balcony
- 9 days
- 1,100
- 88
Zillow last checked:
Listing updated:
Listed by:
Lora Davis 208-354-9090,
Jackson Hole Sotheby's International Realty
Source: TBOR,MLS#: 26-2336
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric Baseboard
Features
- Basement: None
- Furnished: Yes
Interior area
- Total structure area: 1,568
- Total interior livable area: 1,568 sqft
- Finished area above ground: 644
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Patio & porch: Deck
- Exterior features: Balcony
- Has view: Yes
- View description: Valley, Teton View, Mountain(s), Scenic
Lot
- Size: 1.38 Acres
- Features: ST Rentals Allowed
Details
- Additional structures: Storage
- Parcel number: RP001080010270
- Zoning description: Single Family
- Other equipment: Leased
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Wood Siding, Stick Built On Site
- Roof: Shingle
Condition
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Private, Well
- Utilities for property: Leased
Community & HOA
Community
- Subdivision: Cobblecrest
HOA
- Has HOA: Yes
- HOA fee: $250 annually
Location
- Region: Driggs
Financial & listing details
- Price per square foot: $465/sqft
- Tax assessed value: $663,170
- Annual tax amount: $2,318
- Date on market: 9/28/2026
- Electric utility on property: Yes
Estimated market value
$703,100
$668,000 - $738,000
$2,764/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Pending sale | $729,000$465/sqft |
Source: | ||
| 9/28/2026 | Listed for sale | $729,000$465/sqft |
Source: | ||
| 9/24/2013 | Sold | -- |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,319 +3% | $663,170 +3.2% |
| 2024 | $2,251 -3.8% | $642,728 +2.2% |
| 2023 | $2,340 +8.4% | $628,928 +23% |
| 2022 | $2,158 +0.2% | $511,144 +63.5% |
| 2021 | $2,152 -2.2% | $312,573 +19.4% |
| 2020 | $2,202 +5.4% | $261,685 +12% |
| 2018 | $2,089 +12.4% | $233,690 +1.8% |
| 2017 | $1,858 | $229,550 +13.8% |
| 2016 | $1,858 +4.8% | $201,637 +16.1% |
| 2015 | $1,773 | $173,725 +16.9% |
| 2011 | -- | $148,565 |
Find assessor info on the county website
Monthly payment
Est. payment





