135 Lantern Way, Unit PT 3 & 4

222,156 / 5.1
Lot Size / Acres

Description

5+ acre magnificent view parcel! Driveway, Well With Newer Pump, Building Pad, Septic & Power already installed! Everything is ready for your dream mountain home on this west facing, gently sloped lot. The sale even includes a set of home building plans. Numerous public land accesses in the area. Private community fish stocked lake for fishing, swimming & kayaking. Year round access. What are you waiting for?5+ acre magnificent view parcel! Driveway, Well With Newer Pump, Building Pad, Septic & Power already installed! Everything is ready for your dream mountain home on this west facing, gently sloped lot. The sale even includes a set of home building plans. Numerous public land accesses in the area. Private community fish stocked lake for fishing, swimming & kayaking. Year round access. What are you waiting for?
  1. Listed by Randy Mead • Cascade Lake Realty, Inc.
    P: (208)-382-4921 C: (208)-810-1974 randy@cascadelakerealty.com
  2. Listed by Jenny Mead • Cascade Lake Realty, Inc.
    P: (208)-291-9844 C: (208)-291-9844 jenny@cascadelakerealty.com

Property Details for 135 Lantern Way, Unit PT 3 & 4

View
Yes
View
Meadow, Mountain(s), Trees/Woods, Valley
Waterfront
No
LISTING UPDATED: 04/06/2026 02:51 PM

Property Details for 135 Lantern Way, Unit PT 3 & 4

StatusActive
MLS #544175
Days on Market9
Taxes$315 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size5.10 AC
CountyValley County

Location

Listing Courtesy of Cascade Lake Realty, Inc.
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Building Information for 135 Lantern Way, Unit PT 3 & 4

Lot Size5.10 AC

Payment Calculator

$1,285 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,259

Property Taxes

$26

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 135 Lantern Way, Unit PT 3 & 4

Summary
Location and General Information
  • Coordinates: -116.165680866, 44.226817397
  • Country: US
  • County Or Parish: Valley
  • Directions: Winter: Ola Road to High Valley Road to Lantern Way. Summer: Hwy. 55 West on High Valley Road, Right on Lantern Way
  • Latitude: 44.226817397
  • Longitude: -116.165680866
  • State Or Province: ID
  • Parcel Number: RP00456002004C
  • Subdivision Name: Wilderness Lake Ranch Phase 1
  • Zip Code: 83611
  • Topography: Level,Sloping
  • Zoning Description: County
  • MLS Area Major: High Valley
Taxes and HOA Information
  • Association: Yes
  • Tax Annual Amount: $315
  • Tax Year: 2025
Property
Lot Information
  • Living Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 5.1
  • Lot Size Dimensions: 734' x 493'
  • Lot Size Square Feet: 222156
  • Lot Size Units: Acres
Property and Assessments
  • Below Grade Finished Area Units: Square Feet
  • Building Area Units: Square Feet
  • Frontage Type: Road Frontage
  • Property Sub Type: Unimproved Land
  • Property Type: Land
Utilities
  • Electric: 220 Volts
  • Sewer: Septic Tank
  • Water Source: Well
Multi Family
Multi Family Information
  • Unit Number: Pt. 3 & 4
Income and Expense
  • Total Annual Fees $: 480
Rental
Rent Information
  • Vacation Rental Allowed: Yes

Property History for 135 Lantern Way, Unit PT 3 & 4

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Listed (Active)

Mountain Central Association of REALTORS #544175

$250,000
Dec 11, 2025

Expired

Mountain Central Association of REALTORS #543083

Jun 20, 2025

Listed (Active)

Mountain Central Association of REALTORS #543083

$250,000
DateEvent & SourcePrice
04/06/2026

Listed (Active)

Mountain Central Association of REALTORS #544175

$250,000
12/11/2025

Expired

Mountain Central Association of REALTORS #543083

06/20/2025

Listed (Active)

Mountain Central Association of REALTORS #543083

$250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 135 Lantern Way, Unit PT 3 & 4

This home is within Cascade District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Cascade Elementary School
PublicPK to 5

Cascade Jr-Sr High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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135 Lantern Way, Unit PT 3 & 4 is a 5.1 ac of land for sale in Cascade, ID 83611. This property was listed for sale on April 6, 2026 by Cascade Lake Realty, Inc., it's currently listed at $250,000. This listing's school district is Cascade District. Nearby schools include Cascade Elementary School and Cascade Jr-Sr High School. 135 Lantern Way, Unit PT 3 & 4 is a 0-bed, 0-bath, 5.1 ac of land on a 222,156 sq. ft. / 5.1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cascade Lake Realty, Inc.

Based on information from one of the following Multiple Listing Services: Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Sun Valley Board of REALTORS®, Intermountain MLS, Mountain Central Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.