304 Main St W, Lava Hot Springs, ID, 83246
About This Home
Rare opportunity in the heart of Lava Hot Springs! This versatile property sits on a three-lot parcel directly on Main Street and offers multiple potential income streams, commercial possibilities, and future development potential. (Professional Photos coming June 15th) The upper-level residence features 1,343 square feet with 3 bedrooms, 2 bathrooms, a spacious living room, kitchen, dining area, and beautiful acacia engineered hardwood flooring throughout. The lower level apartment has its own private entrance and includes a fully self-contained 969-square-foot apartment with 1 bedroom, 1 bathroom, living room, kitchen, and laundry room. Live in one unit and rent the other long-term or short-term, or maximize income by renting both. Zoned Commercial, this property opens the door to a variety of business opportunities including a coffee shop, café, retail store, professional office, and more. Even better, with no setback requirements in this zoning district, one of the three lots remains available for future development, expansion of the existing structure, or construction of an additional building (buyer to verify all uses with the City). Whether you're looking for an investment property, owner-occupied income opportunity, commercial location, or future development project, this property offers exceptional flexibility in one of Idaho's most popular tourist destinations.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1908
Materials
- Foundation: Cinder Block
- Roof: Metal
- Construction materials: Hardboard/Composition,Metal,Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range/Oven,Refrigerator,Gas Water Heater,Washer,Dryer
- Laundry features: Lower Level
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Flooring: Hardwood
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,312
- Total interior livable area: 2,312 sqft
Kitchen
- Level: Main,Basement
Living Room
- Level: Main,Basement
Property
Details
- Parcel number: RPRLAH1000700
- Zoning description: City Zoning: Commercial General,County Zoning: Other/NA
Features
- Patio & porch: Three+,Covered Porch,Patio,Other
- Fencing: Wood,Partial
Lot
- Lot size: 10,018 sqft
- Features: Corner Lot,Established Lawn,Established Tree(s)
- Lot size dimensions: 90 x 110
Parking
- Total spaces: 2
- Parking features: Carport,RV Access/Parking
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
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
- Lightning
- Wildfire
- Winter Weather
- Cold Wave
- Inland Flooding
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Bannock County and Idaho
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,256 | $39,072 |
| Home Insurance | $149 | $1,788 |
| Property Taxes | $172 | $2,064 |
| Electricity | $141 | $1,696 |
| Total | $3,718 | $44,616 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-13 | Listed for sale | $644,000 |
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