LKV Realty
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$184,000
$900Reward *
464 E VELVET RUB RD Unit 33, Malad City, ID 83252Listing ID 2168266

464 E VELVET RUB RD Unit 33, Malad City, ID 83252

Active
ELKHORN RIDGE ESTATES
Time on site: 50 daysLast updated: Jun 26, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Residential
Acres
Acres
2.5
Days on Site
Days on Site
47

Build your dream mountain retreat in the highly sought-after Malad Summit, affectionately known by locals as "God Country" for its breathtaking mountain views, towering pines, abundant wildlife, and endless outdoor recreation. This exceptional property is truly build-ready, with many of the costly and time-consuming improvements already completed. A shared well serving only one other lot has been drilled, recorded with the county, and equipped with a new continuous pressure system for reliable water service. A newly installed, insulated septic system is stubbed and ready for connection. Power and fiber internet are available at the lot, while the driveway, road base, and major excavation work have already been completed. The site is prepared for a modular, manufactured, or stick-built home, with additional excavation already in place for a future ADU, guest house, shop, or other improvements. Simply bring your home, install a propane tank, and begin enjoying mountain living. This desirable subdivision offers outstanding flexibility, allowing manufactured homes, modular homes, stick-built homes, ADUs (with county approval), and short-term rentals, making it an excellent opportunity for both a private mountain getaway and an income-producing investment property. The HOA is minimal and primarily focused on maintaining the roads, entrances, and shared amenities. Annual HOA dues are approximately $150 per acre, totaling roughly $450 per year. Enjoy year-round access with an easy commute while being surrounded by some of Southern Idaho's most spectacular scenery. Outdoor enthusiasts will love the nearby hiking, ATV and UTV trails, horseback riding, fishing streams, reservoirs, hunting, and thousands of acres of public recreational land. With an estimated $65,000-$75,000 already invested in site improvements, this property offers tremendous value while allowing you to bypass much of the expense, time, and hassle associated with preparing raw land. Whether you're looking to build your forever home, a vacation retreat, or an investment property with short-term rental potential, this rare offering checks all the boxes. Don't miss this opportunity to own a ready-to-build mountain property in one of Idaho's most scenic and desirable recreational communities. Be sure to check out the video tour! Buyer to verify all information.

Property Information

Property Details

Location

Address
464 E VELVET RUB RD
County
Oneida
City
Malad City
Zip Code
83252
Subdivision
ELKHORN RIDGE ESTATES
School District
ONEIDA COUNTY
High School
Malad
Elementary School
Malad
MLS Area
ONEIDA

Building

Building Information

Condition
Blt./Standing

Property Taxes

Tax Annual Amount
$250

Homeowner Association

HOA Fee
$450
HOA Fee Frequency
Annually
Berkshire Hathaway Home Services Intermountain Properties, (435) 787-7090

Market Report for 83252

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: UtahRealEstate.com
UtahRealEstate.com logo

Based on information from UtahRealEstate.com as of 13 Aug 2026, 03:50 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by the MLS.

For corrections to this data please contact Brytecore MLS Support.

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