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Lot/land
  • $5,250,000

    120 Keystone Rd, Sun Valley, ID 83353

    --beds
    0baths
    52Acres
    Unimproved Land
    Built in ----
    52 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Sun Valley Legacy Estate & Development Masterpiece. Discover the pinnacle of mountain living at 120 Keystone St, a premier 52-acre legacy estate in the exclusive Elkhorn area of Sun Valley, Idaho. This rare dual-parcel landholding (18.6 & 33.5 acres) offers a breathtaking canvas for a private horse property or a high-end boutique residential development. Search address on YouTube for video tours. The Ultimate Equestrian & Outdoor Retreat: Bordering U.S. Forest Service land, the estate provides unparalleled private canyon access for horseback riding and hiking. Secure your legacy with senior 1883 water rights (irrigation/stock) and a high-yield well. The property features a serene pond with on-site geothermal potential, creating a year-round alpine oasis for wildlife and residents alike. Developer Upside & Infrastructure: Zoned BC/R-10 with patented mining claims, the land is ready for a luxury compound or multi-homesite project. Utilities (well, septic, buried power) are already installed. Significant value-add opportunities exist through a potential 18-acre USFS land swap, and recent analysis indicates potential for a third building site, offering even greater density and investment value. Strategic Opportunity: Located minutes from Ketchum and Sun Valley Resort, this $10.5M-appraised asset is offered with flexible acquisition options. Owner will carry paper for up to five years with 50% down; other terms are negotiable. Control one of the last large private holdings in a supply-constrained market.
    91 days
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    157
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    James Tautkus 208-721-8672,

    Keller Williams Sun Valley Southern Idaho,

    Mike Robert Schirf 435-640-8484

    Source: Sun Valley BOR MLS,MLS#: 26-334170MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 52 Acres
      Details
      • Parcel number: RP1M0000000750
      • Zoning: BC/R-10

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Sun Valley

      Financial & listing details

      • Annual tax amount: $1,206
      • Date on market: 3/12/2026
      • Road surface type: Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/12/2026Listed for sale$5,250,000-2.8%
        Source: Sun Valley BOR MLS #26-334170 Report a problem
        12/1/2025Listing removed$5,400,000
        Source: Sun Valley BOR MLS #25-332957 Report a problem
        11/11/2025Price change$5,400,000-8.5%
        Source: Sun Valley BOR MLS #25-332957 Report a problem
        7/31/2025Price change$5,900,000-6.3%
        Source: Sun Valley BOR MLS #25-332957 Report a problem
        7/15/2025Price change$6,300,000-8.7%
        Source: Sun Valley BOR MLS #25-332957 Report a problem
        6/6/2025Price change$6,900,000-12.7%
        Source: Sun Valley BOR MLS #25-332957 Report a problem
        4/4/2025Listed for sale$7,900,000+5.5%
        Source: Sun Valley BOR MLS #25-332957 Report a problem
        4/4/2025Listing removed$7,490,000
        Source: Sun Valley BOR MLS #24-332451 Report a problem
        3/21/2025Price change$7,490,000-11.9%
        Source: Sun Valley BOR MLS #24-332451 Report a problem
        1/31/2025Price change$8,500,000-5.5%
        Source: Sun Valley BOR MLS #24-332451 Report a problem
        11/26/2024Price change$8,999,000-5.3%
        Source: Sun Valley BOR MLS #24-332451 Report a problem
        9/27/2024Listed for sale$9,500,000
        Source: Sun Valley BOR MLS #24-332451 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 83353

        Getting around

        0 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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