$6,499,000
Ketchum, ID 83340
MLS# 26-334418
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Property Description
Rare opportunity to create a dream mountain resort compound on three-plated lots surrounding a private lake in the exclusive Gimlet community. The combined 7.79 acres is minutes from world-class skiing, with easy access to the blue-ribbon Big Wood River fishery. Included are 4 Judicially decreed water rights that allow for aesthetic and irrigation needs.
Details
Maps
Documents
Location, Tax and Misc
Legal: GIMLET SUB #11 LOT 9; GIMLET SUB #11 LOT 10; GIMLET SUB #11 LOT 29
List Price Per Acres: 834274.71
Taxes: 12230.4
Tax Year: 2025
Assn Dues Frequency: Annual
Lot / Acreage Info
Parcel Acres Apx: 7.79
Parcel Size Per: Assessor
Remarks & Misc
Possession: On Closing
General Property Description
Realtor.com: Vacant Land
Waterfront if Appcbl: Yes
Sub Type: Single Family Residence
Geo Lat: 43.609087
Geo Lon: -114.347933
Contract Info
Concession Negotiable: No
Directions: East on Gimlet Rd., South on Wall St. to the second Wilderness drive on the Right. Lots are on the corner of Wilderness and Wall, There is no sign but there is a visible parking spot on Wilderness Dr.
Status: Active
List Date: 2026-05-18
Documents
Aerial View: 1
Plat: 1
Features Exterior
Deeded Water Rights: 1
Sprinkler System: 1
Views: 1
Road Access
Private: 1
Road Surface
Paved: 1
Terms
Cash: 1
Waterfront
Pond: 1
Slough: 1
Zoning
BC/R-2: 1
Other Disclosures
CC & R's: 1
Flood Plain: 1
Utilities at Road
Cable: 1
Electric: 1
Gas: 1
Telephone: 1
Utilities On Site
Cable: 1
Electric: 1
Gas: 1
Telephone: 1
Location Tax and Misc
Current Price: $6,499,000
Area: South of Ketchum
Street Number: 168 & 162
Street Name: Wilderness Dr & 406 Wall
Street Suffix: St
State/Province: ID
Zip Code: 83340
County: Blaine
Subdivision: Gimlet
Assessor's Parcel #: RP002400000090 & RP002400000100 & RP002400000290
List Price: $6,499,000
Lot Acreage Info
Parcel SqFt Apx: 339332.4
Property Features
Zoning: BC/R-2
Road Surface: Paved
Road Access: Private
Utilities On Site: Cable; Electric; Gas; Telephone
Waterfront: Pond; Slough
Features Exterior: Deeded Water Rights; Sprinkler System; Views
Documents: Aerial View; Plat
Other Disclosures: CC & R's; Flood Plain
Terms: Cash
Utilities at Road: Cable; Electric; Gas; Telephone
Supplements
Legal descriptions of lots and water rights included in the offering :
GIMLET SUB #11 LOT 9, Total Acres: 1.44
GIMLET SUB #11 LOT 10, Total Acres: 1.54
GIMLET SUB #11 LOT 29, Total Acres: 4.80
There are currently 4 water rights associated with the above Lots, each recognized by judicial decree in the Snake River Basin Adjudication on June 29, 2010. A fifth right, 37-8838, has not been decreed by a court, but has been licensed by the Idaho Department of Water Resources (IDWR). A quick description of each right is as follows:
1. 37-21329 .06 CFS 3.2 AFY, wildlife /aesthetic year-round use 12/13/1887
2. 37-21330 .16 CFS 14.3 AFY, irrigation 4.1 Acres 4-15 to 10-31 12/13/1887
3. 37-21331 .03 CFS 3.2 AFA, wildlife /aesthetic year-round use 3/24/1883
4. 37-21332 .07 CFS 14.3 AFY, irrigation 4.1 Acres 4-15 to 10-31 3/24/1883.
5. 37-8838 2.5 CFS 7.30 AFA, wildlife/aesthetic storage diversion to storage year-round use
All lots are Zoned BC R2, Code Section 9-9-3: R2 Permitted Uses;
Permitted uses for this District are limited to the following:
A. Agricultural uses.
B. Single-family residential use.
C. Duplexes on double lots. (Ord. 77-5, 3-28-1977, eff. 4-7-1977)
9-9-4: ACCESSORY USES:
The accessory uses for this R-2 District include, but are not limited to, the following:
E. Accessory dwelling unit (see section 9-3-11 of this title).
F. Tier 1 home occupations.
https://codelibrary.amlegal.com/codes/blainecountyid/latest/blaineco_id/0-0-0-10599
Amended CC&R's 
Listing Office: Sun Valley Sotheby's International Realty
Listing Agent: Nick Maricich
Last Updated: May - 20 - 2026
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