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1052 129 N Idaho Falls

$879,900

Overview

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

General Info

  • MLS ID: 2176821
  • Price: $879,900
  • County: Bonneville
  • Year Built: 1922

Property Info

  • Avg Sqft: 93392.64
  • Apx Acres: 2.144
  • Baths: 4.5
  • Beds: 6
  • Subdivision: None
  • Listing Office: Silvercreek Realty Group
  • Elementary School District: Fairview 93EL
  • Middle School District: Rocky Mountain 93JH
  • High School District: Bonneville 93HS
  • Patio/Deck: 2, Patio, Porch
  • A/C: None
  • Heat: Electric, Propane, Radiant
  • Appliances Included: Dishwasher, Double Oven, Disposal, Exhaust Fan, Gas Range, Water Filter
  • Sewer: Private Sewer
  • Water: Well
  • Irrigation: Flood System Irrigation, Water Rights/Shares

Want to Learn More?

Contact Angie about this property!
Cell Phone  (208) 317-2379
Email  angie@angiedaw.com