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1052 E 129 N

Idaho Falls, ID 83401
  • $879,900
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 2178763
UPDATED: 19 min ago
$879,900
  • 0
    BEDS
  • 2.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,344
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1922
County:
Area:

School Ratings & Info

Description

This one-of-a-kind property is a former schoolhouse reimagined as a unique residence"yet still retains its incredible 2,400 sq ft gymnasium, complete with a built-in trampoline, foam pit, and a whimsical two-story playhouse. Ideal for families, entertainers, or entrepreneurs, the gym is also perfect for events, parties, or rental use by tumbling or dance instructors. The building includes a former classroom with its own bathroom, ideal for a preschool, homeschool setup, or creative studio space. Once home to Coltman Academy Preschool, this property is ready for continued educational use or further residential development. The main living area offers 5 bedrooms and 4 bathrooms, perfect for a large family, co-living arrangement, or Airbnb. A separate 1-bedroom apartment in the basement generates $1,200/month in rental income, ideal for passive income or on-site staff. The massive 7,000 sq ft attic boasts soaring 16-ft ceilings and is ready to be finished into additional living space or even a venue. With the neighboring lot recently rezoned commercial, this property offers exciting potential for future development. Rare, flexible, and full of opportunity"this is more than a home; it's a lifestyle and an investment in one!

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© 2025 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Townsend Realty Team are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-12-08T16:23:10.933.
www.townsendrealtyteam.com/homes/166672027
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1052 E 129 N Idaho Falls, ID 83401

  • Price: $879,900
  • Status: Active
  • On Site: 122 Days
  • Updated: 19 min ago
  • MLS #: 2178763
0
Beds
0
Baths
0
½ Baths
2.14
Acres
10,344
SQFT
$85
$/SQFT
1922
Built
Neighborhood:
None
County:
Bonneville
Area:
Idaho Falls
Property Description
This one-of-a-kind property is a former schoolhouse reimagined as a unique residence"yet still retains its incredible 2,400 sq ft gymnasium, complete with a built-in trampoline, foam pit, and a whimsical two-story playhouse. Ideal for families, entertainers, or entrepreneurs, the gym is also perfect for events, parties, or rental use by tumbling or dance instructors. The building includes a former classroom with its own bathroom, ideal for a preschool, homeschool setup, or creative studio space. Once home to Coltman Academy Preschool, this property is ready for continued educational use or further residential development. The main living area offers 5 bedrooms and 4 bathrooms, perfect for a large family, co-living arrangement, or Airbnb. A separate 1-bedroom apartment in the basement generates $1,200/month in rental income, ideal for passive income or on-site staff. The massive 7,000 sq ft attic boasts soaring 16-ft ceilings and is ready to be finished into additional living space or even a venue. With the neighboring lot recently rezoned commercial, this property offers exciting potential for future development. Rare, flexible, and full of opportunity"this is more than a home; it's a lifestyle and an investment in one!
Exterior Features

Construction And Status BrickFrame Exterior Primary Brick Exterior Secondary Brick Foundation Concrete Perimeter Landscaping Established LawnEstablished Trees Location Interstate Exit/AccessLow Traffic Lot Size 43560 Overhead Doors No Parking Off StreetParking Lot Roof MetalRolled/Hot Mop Topography Setting Rural

Interior Features

Air Conditioning None Basement PartialPartially Finished Heat Source And Type PropaneRadiant Restrooms 5 Sq Ft Above Grade 5172 Sq Ft Below Grade 5172

Property Features

Association Fee Includes None Buildings 1 Covenants No Current Use Other Distressed Property Not Applicable Documents On File Other-See Remarks Exclusions Seller's personal property Extras Fire AlarmRestrooms Flood Plain U Handicap Access No Owner Pays ElectricityInsuranceGrounds CareTaxesSewerTrash CollectionWater Possible Use Other Prior Use See Remarks Property Type Real Estate Only Provider Other Info Rocky Mountain Power Sep Utilities No Sewer Septic System Short Term Rental YN Unknown Tax Year 2024 Taxes 3586.00 Tenant Pays Other Terms CashConventional1031 Exchange Water Well Winter Access YN Yes Zoning General BONNEVILLE RESI/AG Zoning Specific BONNEVILLE-RA4-RESID/AGRICUL

Snake River Regional MLS logo Listing provided courtesy of Silvercreek Realty Group: 2085236111.
© 2025 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Townsend Realty Team are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-12-08T16:23:10.933.
 
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Townsend Realty Team
460 East Oak Suite A
Pocatello ID, 83201