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553 W Booth St, Lava Hot Springs, ID, 83246

4beds
3baths
1,748sqft
$454,900
$260price/sqft
$2,811/moest. monthly cost
$112,440/yrincome needed

About This Home

Turnkey Duplex in Lava Hot Springs with Unbelievable Views & Proven Rental Income Producing property, This is the one you've been waiting for-an incredible investment opportunity in the heart of Lava Hot Springs! Just minutes from the world-famous hot pools and Olympic swimming complex, this versatile duplex offers year-round appeal and flexible living options. Situated on a terraced .17-acre lot with unbelievable mountain views, mature trees, and no rear neighbors, the property features two separate units, each with its own kitchen, private patio or balcony, and access to a shared laundry area. A large deck and basement entry add extra function and charm. With a proven rental history, this home is perfect for investors, or those looking to owner-occupy one unit while renting thee other. other. Ideal as a bed and breakfast, short-term rental, or even a mother-in-law suite, the options are endless. All deferred maintenance has been completed, making this home truly move-in or rent-ready. Whether you're

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

--
Lava Elementary SchoolGrades PK-60.2 mi
3/10
3/10
Marsh Valley High SchoolGrades 7-128.6 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Concrete Perimeter
  • Roof: Other
  • Construction materials: Other

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Range/Oven,Refrigerator,Gas Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Finished,Daylight Windows,Egress Windows,Full

Bedrooms & Bathrooms

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

Family Room

  • Level: Main,Basement

Features

  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 1,748
  • Total interior livable area: 1,748 sqft

Kitchen

  • Level: Main,Basement

Property

Details

  • Parcel number: RPRLAH3004100
  • Zoning description: City Zoning: Other,County Zoning: Other/NA

Features

  • Levels: Multi/Split
  • Patio & porch: One
  • Fencing: None
  • Topography of land: Steep

Lot

  • Lot size: 7,405 sqft
  • Features: Near Schools,Near Stream/River,Established Lawn

Parking

  • Parking features: None,Driveway

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
    LightningVery High
  • Wildfire
    WildfireVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Lightning
Wildfire
Winter Weather
Cold Wave
Inland Flooding
Earthquake
Heat Wave

FEMA Declared Disasters in Bannock 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 $2,300$27,600
Home Insurance $105$1,260
Property Taxes $265$3,180
Electricity $141$1,695
Total$2,811$33,732

Income You'd Need if You Spent...

35% on housing$96,377/yr
40% on housing$84,330/yr
45% on housing$74,960/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: -0.1%
-0.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.9%
-2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$260This listing

vs Other Active Listings

Avg $/sqft

ZIP 83246$266
Bannock County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 83246$304
Bannock County$174

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
2025-09-17Price change$499,000
2025-08-21Price change$519,000
2025-07-12Listed for sale$530,000
2021-11-08Sold--
2021-09-22Pending sale$379,000
2019-02-02Listing removed$199,900
2019-01-26Listed for sale$199,900

For Sale by Agent

AgentBrock Klassen
BrokeragePremier Properties Real Estate Co.

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