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5218 Hwy 20 Island Park

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$12,000,000

5218 Hwy 20, Island Park ID 83429

MLS# 2156020

Listing courtesy of Jake Johnson, Axen Realty

124.5

Acres

Incredible opportunity to own 124 acres of beautiful commercial and residential property in Island Park. This irreplaceable piece of real estate features stunning views of the surrounding mountains and Henrys Lake. Roughly 10 acres of the property is zoned for commercial use, providing you endless development and business opportunities. It is just north of the intersection of HWY 20 and HWY 87 with 900 ft of highway frontage, and just 14 miles from the west entrance of Yellowstone National Park. It currently has two 1,250 sq ft cabins on it as well as two 480 sqft tree houses all of which were built within the last 5 years. The custom built cabins feature full kitchens, full bathrooms, comfortable living rooms, and porches with hot tubs. The two tree houses are perched off the side of the mountain amongst the tall douglas fir trees giving it a surreal feeling with great views. There are 2 wells on the property, as well as some natural springs. The back of the property borders Targhee National Forest and is abundant with wildlife. Call today for a private tour.

Property Overview

Status

Active

Property Type

Land

Year Built

Construction & Exterior

Construction Materials

Roof

Garage Spaces

Basement

Utilities & Systems

Heating

Cooling

Water Source

Well

Sewer

Private Sewer

Financials & HOA

Taxes

$5,504.00 (2022 Tax Year)

Association Fee

None

Location & Legal Details

Subdivision Name: None
County: Fremont
Legal Description: ISLAND PARK TAX 6769 IN SEC 12 SEC 12 TWP 15 RGE 43
Parcel Number: RPI15N43128702

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© 2026 Teton Board of REALTORS® and Snake River Regional Multiple Listing Service. Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton and Snake River IDX Programs may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton & Snake River MLS are not responsible or liable for the information. Teton Valley Realty does not guarantee the completeness or accuracy and shall not be liable for this information. Listing courtesy of Axen Realty.