5150 W Cherry Ln

Meridian, ID 83642

About this property

Calling all builders and land bankers! Here is a great piece of flat land, right in the path of development! It is now county land, but adjacent to Meridian and eligible to be annexed to the city. In Meridian's future land use plan, it is zoned medium density residential. The home on the property is currently leased with monthly rent of $ 2425/month. The tenants would like to stay. Please do not enter property or disturb tenants. Drive by only. Access to property and home with accepted offer. The home is 2780 square feet, with 5 bedrooms and 3 baths, according to public records. It was originally built in 1895 (!), but had a lot of work done to it in 1999, and was updated again in 2020, with new paint, new carpets, and updates to the kitchen and one bath.

About this property

Calling all builders and land bankers! Here is a great piece of flat land, right in the path of development! It is now county land, but adjacent to Meridian and eligible to be annexed to the city. In Meridian's future land use plan, it is zoned medium density residential. The home on the property is currently leased with monthly rent of $ 2425/month. The tenants would like to stay. Please do not enter property or disturb tenants. Drive by only. Access to property and home with accepted offer. The home is 2780 square feet, with 5 bedrooms and 3 baths, according to public records. It was originally built in 1895 (!), but had a lot of work done to it in 1999, and was updated again in 2020, with new paint, new carpets, and updates to the kitchen and one bath.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$1,695,000 Active
0 sqft

Presented By Coldwell Banker Distinctive Properties Twin Fall

Agent Image
Get in touch today! Phone: 1-208-734-6500
Brokerage
Majestic Idaho Real Estate
1-800-451-5257
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

Ada | Ada County |

$ 1,695,000
This listing is play_arrow 180.2% higher than the average in the area
$ 604,900 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
43 days on site
This listing is play_arrow 67.7% below the average in the area
133 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
    West Ada School District
  • turned_in
    Middle School
    West Ada School District
  • turned_in
    High School
    West Ada School District

Want to See More Listings in the Area?

Listed By Len Levitt
Brokerage: Majestic Idaho Real Estate

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Distinctive Properties Twin Fall

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains