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About This Home

This 0-bedroom, 5-bathroom single family at 1052 E 129 N in Idaho Falls, ID is listed for $799,000 ($77 per sqft). Built in 1922, the home offers 10,344 sqft of living space on a 2.14 acres lot.

Agent Description

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 4 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 rezoned commercial, 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!

Key Features

  • Built in 1922
  • 2.14 acre lot
  • 2 stories

Property Details

2 stories
5 full
1922

Monthly Cost Estimate

$4,273/mo

20% down · 6.5% · 30 years

Principal$578
Interest$3,462
Insurance$233

Estimates only. Actual payments may vary.

Location

1052 E 129 N

Idaho Falls, ID 83401

Property Details

Construction

Frame Brick

Parking

Off StreetParking Lot

Heating

RadiantPropane (Heating)

Questions & Answers

This 0-bedroom, 5-bathroom single family at 1052 E 129 N is listed at $799,000 ($77/sqft). The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.

Key features include: Built in 1922, 2.14 acre lot, 2 stories.

This property is listed by Trina Forbush and can be reached at 2085236111 or forsalebyforbush@gmail.com.

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TF

Trina Forbush

Agent at Silvercreek Realty Group

(208) 523-6111

Listed by Silvercreek Realty Group

MLS# 2178763· Source: listhub· Updated today

Copyright © 2026 Snake River Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1052 E 129 N, Idaho Falls, ID 83401

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