SOLD - Snake River Farms

Listing Price: $1,757,000

Snake River Farms is located in Bingham County, Idaho, on the banks of the Snake River in the town of Shelley.  Shelley is a small eastern Idaho town of approximately 4,300 people and provides all necessary day-to-day services. Primarily a farming community, Shelley is a quiet town with good access to Interstate-15 that approaches Utah to the south and Montana to the north.  The quaint city of Idaho Falls with a population base of roughly 50,000 is located approximately 8 miles to the north of the property and provides all services including restaurants, grocery stores, shopping and golf.  Idaho Falls also boasts commercial air service with flights daily by Delta/SkyWest, United Express, Allegiant and SeaPort Airways.  The resort town of Driggs, Idaho, is 81 miles to the northeast and provides world-class golf, fly fishing and downhill skiing at Grand Targhee Ski and Summer Resort. The resort community of Jackson Hole is 97 miles from the property and offers the finest in dining, shopping, lodging and recreation.  

• 251 deeded acres
• 2 miles of Snake River frontage
• Excellent yields on wheat and potatoes
• $50,000 in annual net income
• 3 miles to Shelley and 8 miles to Idaho Falls
• Water rights delivered via pivot irrigation
• World-class waterfowl hunting
• Fly fishing
• Development potential

Snake River Farms is uniquely situated in the market as income-producing farm properties continue to be in high demand.  Couple the income stream with live water and world-class hunting, one can see that the property is exceptional.  The farm provides a healthy annual income flow from agriculture and hunting plus recreational attributes and future development options. Snake River Farms presents a rare opportunity to own a diverse income-generating asset, which can also be enjoyed during ownership.