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516 N Waterstone Dr, Rigby, ID, 83442

4beds
4baths
4,896sqft
$1,299,900
$266price/sqft
$7,673/moest. monthly cost
$306,920/yrincome needed

About This Home

Exceptional 4-bedroom, 3.5-bathroom home situated on 2+ acres of immaculately landscaped grounds. Property boasts extensive recent updates, including a new roof, gutters, cement patio, and new carpeting. Home also features updated lighting, new stove, and a new furnace and A/C system. From the moment you step through the gorgeous front entry this home commands attention. The main level offers an ideal layout, featuring a main level master suite. The beautiful staircase overlooks the spectacular, two-story great room. The focal point is a majestic stone fireplace and the floor-to-ceiling windows that perfectly frame views of the scenic backyard and pond. Upstairs elevate your entertainment experience in the private theater room and features a custom built-in mini bar. This exceptional property features a newly built 40x60 shop with a spacious 1,000-square-foot upstairs apartment. Perfect for guests or a mother-in-law suite, the residence offers an open-concept living/kitchen and the bedroom comfortably fits two queen beds. There is also a full bath, and laundry. The standout feature is a breathtaking pond complete with a private sandy beach, stocked with trout, and perfect for canoeing or swimming. This pristine property offers a resort-like escape with unmatched curb appeal.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
8/10
Rigby Middle SchoolGrades 6-82.8 mi
5/10
Rigby Senior High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 2003

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Frame,Primary Exterior Material: Stone,Primary Exterior Material: Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Gas Range,Refrigerator,Washer,Water Softener Owned,Plumbed For Water Softener
  • Laundry features: Main Level,Upper Level,Laundry Room,Laundry Closet

Basement

  • Area: 323

Basement

  • Has basement: Yes
  • Basement: Finished,Partial

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Family Room

  • Level: Upper

Features

  • Ceiling Fan(s),Walk-In Closet(s),Wet Bar,2nd Kitchen,Apartment,Den/Study,Formal Dining Room,Master Downstairs,Master Bath,Office,Pantry,Theater Room
  • Flooring: Carpet,Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: 1,Gas
  • Fireplace: Yes
  • Finished area below ground: 323
  • Finished area above ground: 4,573

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,896
  • Total interior livable area: 4,896 sqft

Kitchen

  • Level: Main,Upper

Living Room

  • Level: Main

Office

  • Level: Basement,Main

Property

Details

  • Parcel number: RP00717002013A
  • Zoning description: Rigby-R1-Residential Sngl Fam
  • Exclusions: Apartment Refrigerator,Shop Cabinets,Toolboxes,And Center Work Island,Swings At Fire Pit.

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: 2,Patio,Porch
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Waterfront,Pond

Lot

  • Lot size: 2.39 Acres
  • Features: Near Lake,Concrete Curbing,Established Lawn,Many Trees,Flower Beds,Garden,Sprinkler-Auto,Sprinkler System Full

Parking

  • Total spaces: 6
  • Parking features: 6+ Stalls,Attached,Detached,Garage Door Opener,Asphalt,Concrete,RV Access/Parking
  • Has garage: Yes
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Heat Wave
Lightning
Earthquake
Inland Flooding
Wildfire

FEMA Declared Disasters in Jefferson County and Idaho

Fire
Mud Landslide

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,573$78,876
Home Insurance $400$4,800
Property Taxes $401$4,812
Electricity $299$3,591
Total$7,673$92,076

Income You'd Need if You Spent...

35% on housing$263,074/yr
40% on housing$230,190/yr
45% on housing$204,613/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: -0.1%
-0.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$266This listing

vs Other Active Listings

Avg $/sqft

ZIP 83442$179
Jefferson County$174

vs Homes Sold Last Month

Median $/sqft

ZIP 83442$188
Jefferson County$158

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-13Price change$1,299,900
2026-06-30Price change$1,345,000
2026-06-13Listed for sale$1,395,000
2021-07-01Listing removed--
2021-06-24Price change$774,900
2021-06-17Listed for sale$850,000

For Sale by Agent

AgentJed Lowder
BrokerageAxis Idaho Realty

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