Nestled along Teton Creek and steps away from Caribou-Targhee National Forest where Idaho and Wyoming meet is a rare offering in Driggs, ID.? Targhee Hill Estates is a platted community ready for its next developer.? Situated among the West’s best recreational opportunities, Targhee Hill Estates consists of 101 recorded single-family homesites averaging 0.32 acres each.? The subdivision sits below the Teton Range where Grand Targhee resort is only a short drive away.? Ideally located within the Greater Yellowstone and Grand Teton National Park ecosystem with close proximity to the amenities of Grand Targhee and Jackson Hole, future homeowners will become a part of this incredible mountain community.? With a creative mindset and vision, this unique offering is your chance to develop a milestone in Teton Valley.? The extreme tightening of the entitlement environment has, and forever will, change land development opportunities.? These restrictive conditions have played out in resort communities around the West such as Jackson, Wyoming, and Park City, Utah, resulting in constrained supplies over time as new development becomes more difficult to entitle and construct.? Targhee Hill Estates has now become a strong opportunity for developers seeking product for the near future.?
Targhee Hill Estates is a platted and designed master-planned community located in Driggs, Idaho that failed to be completed during the Great Recession in 2008, was recently taken back by the lending entities and is now being sold by the lenders.? Targhee Hill Estates consists of approximately 101.23 acres encompassing 101 single-family lots averaging .32 acres each.? The development includes open space, entitlements, water rights, on-site initial road excavation, sewer infrastructure connected to the city of Driggs, entrance monuments, and proposed CC&Rs.? The development is designed to have walking trails bordering open space along Teton Creek, with direct access to Stateline Road, and bordering Land Trust lands.? Importantly, 20 of the 101 lots have been conveyed to 3rd parties, leaving 81 lots remaining in the subdivision.? The final development of the subdivision must include providing all subdivision services to these 20, third-party lots, at no additional cost to the third party.?
