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Ski Hill Rd. - TBD Ski Hill Rd. 132.4 Acres of Commercial Land Offered at $7,900,000 in Driggs, ID 83422

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Executive Summary

Unrivaled in terms of scale, location and opportunity, this prime development site is nearly unobtainable in any Mountain Resort town throughout the Rocky Mountain West. Located in the shadow of the Grand Teton along the ''Ski Hill Road'' corridor enroute to Grand Targhee and adjacent to Downtown Driggs, this site is within the developer friendly Driggs city limit boundaries. Zoned ''Residential Multi-Family, Single & Two Family and Residential Cluster, the site offers a diverse ability for a variety of residential opportunities. Totaling 132.41 acres with approximately 38 acres of conservation land, the sheer scale of this site brings a multi-phase master plan with years of build-out to this coveted region. Limited water rights may be available and included, essential for development. Seller is working to secure 10 acre feet of water to be included in sale, 5 for Ski Hill Road Investors Property and 5 for AR&P Property. This should be completed by end of 2024

Property Facts Under Contract

Price $7,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 132.40 AC
Zoning Multi-Family - Multifamily

1 Lot Available

Lot

Price $7,900,000
Price Per AC $59,667.67
Lot Size 132.40 AC

Unrivaled in terms of scale, location and opportunity, this prime development site is nearly unobtainable in any Mountain Resort town throughout the Rocky Mountain West.

  • Listing ID: 32939034

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: Ski Hill Rd., Driggs, ID 83422

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