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645 S 5500 W, Rexburg, ID, 83440

1beds
2baths
560sqft
$599,000
$1,070price/sqft
$3,672/moest. monthly cost
$146,880/yrincome needed

About This Home

**12.6 Acres with Water Rights, Shop Living & No HOA on the Edge of Rexburg!** Enjoy the perfect balance of country living with convenient access to everything Rexburg has to offer. The property features a 40x60 insulated shop with an oversized, heated garage, and a carport—ideal for storing vehicles and equipment. Inside the shop, you'll find comfortable living quarters including 1 bedroom, 1 full bathroom, a full kitchen, and washer/dryer hookups, along with a convenient half bath off the garage and an on-demand water heater. Mini-split systems provide efficient heating and cooling in both the bedroom and kitchen areas. The land comes with plenty of water shares, making it an excellent setup for anyone looking to raise animals or enjoy a more self-sufficient lifestyle. Zoning allows for an ADU in addition to the existing shop and a future single-family home, creating incredible flexibility for expansion or multi-generational living. The living quarters has a private entrance from the garage, allowing it to be rented and not have access to the garage. The well has been drilled and is supported by a dedicated pump house with electricity. Come take a look!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
Burton Elementary SchoolGrades PK-43.4 mi
--
10/10
Madison Senior High SchoolGrades 10-123.3 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Concrete Perimeter,Slab
  • Roof: Metal
  • Construction materials: Frame,Primary Exterior Material: Metal Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Microwave,Electric Range,Refrigerator,Plumbed For Water Softener
  • Laundry features: Main Level

Basement

  • Area: 0

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Ceiling Fan(s),Walk-In Closet(s)
  • Flooring: Carpet,Concrete,Laminate
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 560

Heating & Cooling

  • Heating features: Mini Split
  • Cooling features: Mini Split

Interior Area

  • Total structure area: 560
  • Total interior livable area: 560 sqft

Kitchen

  • Level: Main

Property

Accessibility

  • Accessibility features: Accessible Entrance

Details

  • Parcel number: RP06N39E294803
  • Zoning description: Madison-Agricultural
  • Exclusions: Seller's Personal Property.

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 12.61 Acres

Parking

  • Total spaces: 6
  • Parking features: 6+ Stalls,Attached,Workshop in Garage,Garage Door Opener,Dirt
  • 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 WaveRelatively High
  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Earthquake
Heat Wave
Winter Weather

FEMA Declared Disasters in Madison 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 $3,028$36,336
Home Insurance $196$2,352
Property Taxes $307$3,684
Electricity $141$1,695
Total$3,672$44,064

Income You'd Need if You Spent...

35% on housing$125,897/yr
40% on housing$110,160/yr
45% on housing$97,920/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: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: -0.1%
-0.1%
0%15.0%
Property Taxes Growth Rate2-year average: 7.1%
7.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,070This listing

vs Other Active Listings

Avg $/sqft

ZIP 83440$250
Madison County$246

vs Homes Sold Last Month

Median $/sqft

ZIP 83440$208
Madison County$226

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
2026-04-08Listed for sale$649,000
2026-02-20Listing removed$600,000
2025-12-11Price change$600,000
2025-08-19Listed for sale$650,000
2025-08-08Listing removed$665,000
2025-06-30Price change$665,000
2025-04-28Price change$675,000
2025-04-16Price change$699,000
2025-02-17Listed for sale$725,000
2025-02-08Listing removed$695,000
2024-09-17Price change$695,000
2024-08-19Listed for sale$725,000

For Sale by Agent

AgentVincent Haley
BrokerageIdaho's Real Estate

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