1052 E 129 N, Idaho Falls, ID 83401
sale
$779,000
|
Other
Courtesy Of Silvercreek Realty Group
This one-of-a-kind property is a former schoolhouse reimagined as a unique residence?yet still retains its incredible 2,400 sq ft gymnasium, complete with a built-in trampoline, foam pit, and a whimsical two-story playhouse. Ideal for families, entertainers, or entrepreneurs, the gym is also perfect for events, parties, or rental use by tumbling or dance instructors. The building includes a former classroom with its own bathroom, ideal for a preschool, homeschool setup, or creative studio space. Once home to Coltman Academy Preschool, this property is ready for continued educational use or further residential development. The main living area offers 5 bedrooms and 5 bathrooms, perfect for a large family, co-living arrangement, or Airbnb. A separate 1-bedroom apartment in the basement generates $1,200/month in rental income, ideal for passive income or on-site staff. The massive 7,000 sq ft attic boasts soaring 16-ft ceilings and is ready to be finished into additional living space or even a venue. With the neighboring lot recently changed to multi-use, this property offers exciting potential for future development. Rare, flexible, and full of opportunity?this is more than a home; it's a lifestyle and an investment in one!
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Exterior Type: Frame
- Exterior Type: Brick
- Floors: 2
- Heating System: Radiant
- Heating System: Propane (Heating)
- Legal Description: Exhibit A
- MLSID: 2178763
- Roof Type: Rolled Hot Mop
- Roof Type: Metal
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Basement
- Rooms: Bathroom 3
- Rooms: Bathroom 1
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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