Rare land-banking and near-term development opportunity in Shelley, Idaho, in one of the fastest-growing corridors of the Idaho Falls market. The Parks Subdivision offers 79 acres across two phases totaling 104 approved residential lots. Phase 3 (27 ac / 34 lots) is shovel-ready with trunk sewer in place and ~50% pressurized irrigation, minimal carry time to lot sales. Phase 4 (52 ac / 70 lots) is fully entitled and currently ag-leased, offering a strong land-bank play with approvals already secured. City of Shelley has agreed in writing to serve all lots, removing a major development risk. Site sits in Flood Zone C (outside the SFHA) with access off Center Street (1300 North). Phases 1 and 2 of The Parks are complete, sold out, and City-accepted, a proven track record on this subdivision. Priced competitively to comparable unentitled land in the Shelley/Bonneville County area, with built-in equity from day one. Entitled, sewer-ready ground like this is increasingly hard to find. Contact listing agent for the full Offering Memorandum.

Listing courtesy of Bryce Bradshaw of Keller Williams Realty East Idaho



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Data last updated at: 2026-10-12 04:20 AM UTC