Description

AIRPARK LOTS or COMPLETE AIRPARK $1,675,000, Lava Hot Springs, ID: Complete residential airpark or individual lots at Lava Hot Springs, Idaho, situated at the western edge of the Rocky Mountains, southeastern Idaho. The recreational town of Lava Hot Springs is just one mile north. A golf course boarders the southeast corner of the airpark, and a downhill ski facility is 10 miles west. The area offers hot springs, whitewater recreation, winter sports, golf, hiking, fishing, hunting, art and music. For scenic beauty, this site is arguably 10 on a 10-point scale.

The airpark project, shown at http://www.lava-airport.com, includes a hangar-home on 51.82 acres and five additional subdivided lots. The turf runway is centrally located along the center of the ridge-top. The two largest lots (51.82 and 17.41 acres) have been county-approved for further subdivision in later development phases. Consequently, a couple dozen additional lots are expected by the county.

The project is county-approved for residential and recreational development. The southern half is zoned to permit compatible commercial businesses. County-compliant roads have been built. Underground electricity, natural gas, and phone lines have been brought up to the subdivision. The full potential is up to the developer.

The hangar-home includes a 4000 sq-ft hangar, 2500 sq-ft living space, 320 sq-ft attached greenhouse, and 1000 sq-ft heated basement (approximate square footages). The hangar-home is extremely robust, and insulated far beyond building code requirements. All walls, including the the hangar, are insulated to R-40 with 8-inch foam SIPs (Structured Insulated Panels). The building's under-floor hydronic heating and tiled floors are comfortable, economical, and low-maintenance. Views of the surrounding mountains and down into the valley are incredible.

The airport ID is 01ID. For liability protection, the 19.49 acre runway lot has been deeded to a non-profit corporation, separate from the association corporation. Lot owners can become voting members in both corporations. The project includes existing for-sale lots on the runway, the afore mentioned hangar-home on 51.82 acres, and full project ownership. Total acreage for sale is 85.32 acres. The package is priced at $1,675,000. See http://www.lava-airport.com for individual lot prices and photos of the airpark and area.