Cole Road Development Opportunity: A 23-acre site located on South Cole Road, positioned in a high-growth area just minutes from I-84 and Boise Airport. Currently zoned RSW (Community Residential), the property lies within the county, with potential annexation viability in the near future. This prime land offers significant potential for future residential development in an area experiencing unprecedented growth. The property boasts frontage along Cole Road, providing excellent visibility and access to the major thoroughfares of Boise. Located just 10 minutes from retail, dining, grocery stores, and parks, the site’s proximity to essential services makes it an ideal candidate for developers looking to capitalize on Boise’s rapid expansion.
Property Details
Property Features
Listing Office:
Office Name: exp Realty, LLC
Office Phone: (208) 890-7776
Listing Agent: Will Elfering
Lot Features
Lot Information:
Lot Size: 23.15 Acres
Other
Directions Information:
Directions: South on S Cole Rd
Price Information
Listing Price Info
Price Summary:
List Price: $5,750,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Boise, ID.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$28.7K
Per Month
Principal & Interest
$28.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$17.3K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Desert Sage Elementary School
9325 W Mossywood Dr
Distance between this listing and this school1.07 miles
Public District Grades KG-5
6
/10
Silver Sage Elementary School
7700 W Snohomish St
Distance between this listing and this school1.95 miles
Public District Grades KG-5
5
/10
Amity Elementary School
10000 W Amity Rd
Distance between this listing and this school2.58 miles
Public District Grades PK-6
Nearby Schools
6
/10
Lake Hazel Middle School
11625 W La Grange St
Distance between this listing and this school2.81 miles
Public District Grades 6-8
4
/10
West Junior High School
8371 W Salt Creek Dr
Distance between this listing and this school2.82 miles
Public District Grades 7-9
1
/10
South Junior High School
3101 W Cassia St
Distance between this listing and this school5.43 miles
Public District Grades 7-9
Nearby Schools
3
/10
Borah Senior High School
6001 W Cassia St
Distance between this listing and this school4.72 miles
Public District Grades 9-12
3
/10
Idaho Virtual Academy
1965 S Eagle Rd Ste 190
Distance between this listing and this school5.46 miles
Public Charter Grades KG-12
1
/10
Idaho Technical Career Academy
1965 S Eagle Rd Ste 150
Distance between this listing and this school5.46 miles
The neighbors living near this home have an average income of $66,091. Most Boise, ID residents have annual incomes between $35k-100k. The most common type of family is married, with kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7873 S Cole Rd
What is the listing price of this property?
The listing price of 7873 S Cole Rd property is $5,750,000.
What type of property is this?
The property 7873 S Cole Rd is land located in Boise, Idaho, 83709.
Is this property for sale now?
Active Listing: 7873 S Cole Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7873 S Cole Rd in Boise, ID and zip code 83709 in the Southwest Ada County Alliance neighborhood. This home sits on a 23.15 acre lot. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $5,750,000.
Between October 2024 and November 2024, Boise, ID real estate market has seen increase in the number of listings by 33.4%. While the average time on the market in November 2024 was 71 days, the median list price was $549,868.
From Rocket Homes Real Estate and based on county public records data.
Listings with this icon are © 2024 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.
Soccer
Soccer
College Basketball
Mexican League Soccer
Burlington
Dillards
Books-a-Million
Wingstop
Logan's Roadhouse
Church's Chicken
Nissan
Hyundai
Toyota
Christian Adult Contemporary
Rock
Adult Hits