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3981 N Reed St - 3981 N Reed St & 415 E 40th St Garden City 0.88 Acres of Residential Land Offered at $1,784,986 in Garden City, ID 83714

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INVESTMENT HIGHLIGHTS

  • Prime A+ Location Adjacent to Downtown Boise: Carolyn Circle is strategically situated in the heart of Garden City, Idaho, just one block from the Boi
  • Explosive Growth in Garden City: Fueled by Idaho's population influx and economic boom, Garden City is transforming with major developments
  • High-End Residential Product: This innovative townhome and multi-family project spans over 22,055 square feet across 29 thoughtfully designed units
  • Easy Valley-Wide Access: Positioned for effortless connectivity, provides quick links to the broader Treasure Valley via major infrastructure

EXECUTIVE SUMMARY

Carolyn Circle stands out as an exceptional investment opportunity in Garden City's thriving real estate landscape, boasting an A+ location mere steps from the Boise River and Greenbelt, and adjacent to the bustling energy of Downtown Boise. This high-end townhome and multi-family development, features 29 premium units spanning over 22,055 square feet of sophisticated living space, fully entitled and with construction drawings on the immediate horizon. Buyers will capitalize on its seamless blend of urban sophistication and natural allure, with residents enjoying effortless access to scenic walking trails, wine tastings at nearby venues, craft breweries, live music spots, a vibrant boardwalk, and seasonal river floating adventures. Priced as a compelling value in a market surging with Idaho's population growth and economic momentum, this property promises outstanding rental yields and resale upside, making it a savvy acquisition for investors seeking long-term appreciation in one of the nation's hottest housing sectors.
What elevates Carolyn Circle to a must-buy deal is Garden City's explosive transformation, driven by landmark developments that enhance desirability and property values across the board. Key catalysts include the forthcoming College of Western Idaho River District campus, launching in fall 2027 with cutting-edge business and tech programs to bolster local workforce talent; the massive $1.17 billion St. Luke's Health System expansion, rolling out advanced healthcare facilities into the late 2020s; and the 50-acre Park at Expo Idaho, already under construction since 2024 and slated for a 2026 opening, complete with trails, skate parks, and expansive green spaces. Adding to the allure is Idaho's lone professional sports team, Athletic Club Boise of the USL, with its new stadium just minutes away via the Greenbelt. With superior connectivity to the broader Treasure Valley through major highways, parks like Esther Simplot and Mystic Cove, and cultural hubs such as the Western Idaho Fairgrounds, this project offers unmatched accessibility, positioning it as a high-return gem in a rapidly appreciating area. BATVA

PROPERTY FACTS

Price $1,784,986
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 0.88 AC
Zoning R-3 Medium Density - R-3 Medium Density Residential, with Comprehensive Plan designation of Mixed Use Residential, supporting a variety of housing types & land utilization

1 LOT AVAILABLE

Lot

Price $1,784,986
Price Per AC $2,028,393.18
Lot Size 0.88 AC

Lots 10 & 11 Exc Deed To Garden City Blk 1 Fairview Acres # 7 #869943 Vin 70244Ckds3151 Tl 230751595 & Par #0096 Of Lots 12 & 13 Blk 1 Fairview Acres Sub 7 #0095 S Vin 60Ck4tu449 Tl 220813813

DESCRIPTION

Carolyn Circle stands out as an exceptional investment opportunity in Garden City's thriving real estate landscape, boasting an A+ location mere steps from the Boise River and Greenbelt, and adjacent to the bustling energy of Downtown Boise. This high-end townhome and multi-family development, features 29 premium units spanning over 22,055 square feet of sophisticated living space, fully entitled and with construction drawings on the immediate horizon. Buyers will capitalize on its seamless blend of urban sophistication and natural allure, with residents enjoying effortless access to scenic walking trails, wine tastings at nearby venues, craft breweries, live music spots, a vibrant boardwalk, and seasonal river floating adventures. Priced as a compelling value in a market surging with Idaho's population growth and economic momentum, this property promises outstanding rental yields and resale upside, making it a savvy acquisition for investors seeking long-term appreciation in one of the nation's hottest housing sectors. What elevates Carolyn Circle to a must-buy deal is Garden City's explosive transformation, driven by landmark developments that enhance desirability and property values across the board. Key catalysts include the forthcoming College of Western Idaho River District campus, launching in fall 2027 with cutting-edge business and tech programs to bolster local workforce talent; the massive $1.17 billion St. Luke's Health System expansion, rolling out advanced healthcare facilities into the late 2020s; and the 50-acre Park at Expo Idaho, already under construction since 2024 and slated for a 2026 opening, complete with trails, skate parks, and expansive green spaces. Adding to the allure is Idaho's lone professional sports team, Athletic Club Boise of the USL, with its new stadium just minutes away via the Greenbelt. With superior connectivity to the broader Treasure Valley through major highways, parks like Esther Simplot and Mystic Cove, and cultural hubs such as the Western Idaho Fairgrounds, this project offers unmatched accessibility, positioning it as a high-return gem in a rapidly appreciating area.

Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39227354

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 3981 N Reed St, Garden City, ID 83714

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