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55 Merrill Way, Grace, ID, 83241

3beds
2baths
1,163sqft
$343,000
$295price/sqft
$2,111/moest. monthly cost
$84,440/yrincome needed

About This Home

Welcome to this inviting 3-bedroom, 2-bath home featuring an open floor plan and vaulted ceilings that create a bright and spacious feel throughout. The seamless flow between the living, dining, and kitchen areas makes it perfect for both everyday living and entertaining. The home also offers a large double-car garage, providing plenty of storage and convenience. Step outside to a beautifully landscaped, mature yard complete with a full sprinkler system, RV parking, and a deck that overlooks stunning mountain views—ideal for relaxing or hosting gatherings. Call to see today!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

6/10
7/10
Grace Jr/Sr High SchoolGrades 7-120.8 mi

Construction

Condition

  • Year built: 1998

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Vinyl,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range/Oven,Refrigerator,Dishwasher,Microwave,Gas Water Heater
  • Laundry features: Main Level

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main

Heating & Cooling

  • Heating features: Natural Gas,Radiant
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 1,163
  • Total interior livable area: 1,163 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: 025305000018
  • Zoning description: City Zoning: Residential,County Zoning: Residential Rural

Features

  • Patio & porch: Deck
  • Fencing: None

Lot

  • Lot size: 0.30 Acres
  • Features: Low Traffic,Rural,Sprinkler System-Full,Established Lawn,Established Tree(s)

Parking

  • Total spaces: 2
  • Parking features: Attached,RV Access/Parking,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered 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
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Cold Wave
Inland Flooding
Wildfire
Earthquake
Hail
Strong Wind

FEMA Declared Disasters in Caribou 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 $1,734$20,808
Home Insurance $105$1,260
Property Taxes $131$1,572
Electricity $141$1,695
Total$2,111$25,332

Income You'd Need if You Spent...

35% on housing$72,377/yr
40% on housing$63,330/yr
45% on housing$56,293/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: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: -0.1%
-0.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$295This listing

vs Other Active Listings

Avg $/sqft

ZIP 83241$137
Caribou County$241

vs Homes Sold Last Month

Median $/sqft

ZIP 83241
Caribou County$147

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
2026-04-24Listed for sale$360,000

For Sale by Agent

AgentRikki Wood
BrokerageGate City Real Estate

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