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29362679
29362680

11487 ID-78, Melba, ID 83641

JS
ID ID SP35291
Kelly Right Real Estate
Listed by Kelly Right Real Estate
$999,000
141 days on market
Updated 141 days ago

132 Degree Geothermal Property with additional Building lots

Details
Property Type Land, Special Purpose
Sub Type Commercial, Farm (+1)
Broker Co-Op Yes
Acreage 5.200
Zoning R-1
Ownership Fee Simple

132 degree Geothermal Property with additional building lots

Marketing description

Commercial size GEOTHERMAL WELL!!! This 132 degrees artesian well, meaning no pump, has great mineral benefits and is capable of producing close to 800 gallons a minute. This seemingly unlimited water source can provide an amazing hot springs property with an Olympic size pool and smaller hot spring pools with different temperatures. The 3132 sq. ft. 6-bedroom 2-bathroom home is heated with geothermal, the 30x40 shop has geothermal in the floor, and two greenhouses are plumbed with geothermal water. Consistently leaving a modest electric bill less than $100 a month, saving $1000’s of dollars in utilities bills each year. Today’s cost for this well would easily be $250K. The land is next to Givens Hot Springs and shares the same aquifer which has beneficial mineral healing properties. A second cold-water well will provide you with all your domestic needs. Looking for a MULTI-GENERATIONAL property? Listing consists of 3 individual buildable parcels. Keep all of them or sell one. Want to live OFF GRID? This property gives you a great start with fruit trees, greenhouses, and geothermal water. This Property is located across the road from the Snake River, backs up to open space, and has beautiful views of the Owyhee Mountains. Wonderful place to have a hobby farm, investment property or both. Bring your ideas and turn this property into your paradise.

Investment highlights

  • Commercial size 132 degree geothermal well that can produce up to 800 gpm

  • 3 buildable separate parcels

  • 30x40 heated shop

  • Potential income producing greenhouse production

  • Potential income producing rental properties

  • Established $300 a month income from neighbor for geothermal water use

Listing Contacts

JS
ID ID SP35291
Kelly Right Real Estate
Listed by Kelly Right Real Estate

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Additional Information

Name
Jon Stosich
License
ID SP35291
Brokerage
Kelly Right Real Estate
Title
Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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