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!
| MLS # | 2178763 |
|---|---|
| Listing Type | For Sale |
| Style | Real Estate Only |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1922 |
| Days On Site | 407 |
| Listing Provided By | Silvercreek Realty Group | Trina Forbush |
| Bath(s) | 5 |
|---|---|
| SQ Feet | 10,544 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | General Zoning: Bonneville Resi/ |
| Acreage | 2.14 |
| Property | 3586 |
|---|
| State | ID |
|---|---|
| County | Bonneville |
| City | Idaho Falls |
| Zip Code | 83401 |
| State | ID |
|---|---|
| County | Bonneville |
| City | Idaho Falls |
| Zip Code | 83401 |