840-842 Banks Lowman Rd

$2,950,000
Price
15
Beds
10
Baths
8,260 Sq. Ft.
$357 / Sq. Ft.
8,260
Sq. Ft.
$357
per Sq. Ft.

Description

With This Being The Only Long Term 9 Unit Residential Income Complex In Beautiful Garden Valley, A Great Investment Opportunity. Perfectly Located On The Banks Lowman Scenic Byway For Easy Year-Round Access. These 2 Triplex Units+studio apartment+2 RV Pads(one covered, one uncovered) These Units Have An Outstanding Rental History. Craig Creek Is Full with a waiting list for tenants. Creek with pond on Property. Room For two more building sites, As These Units Sit On A 4.73 Acre Parcel With A Current...With This Being The Only Long Term 9 Unit Residential Income Complex In Beautiful Garden Valley, A Great Investment Opportunity. Perfectly Located On The Banks Lowman Scenic Byway For Easy Year-Round Access. These 2 Triplex Units+studio apartment+2 RV Pads(one covered, one uncovered) These Units Have An Outstanding Rental History. Craig Creek Is Full with a waiting list for tenants. Creek with pond on Property. Room For two more building sites, As These Units Sit On A 4.73 Acre Parcel With A Current Boise County Approval for three separate parcels. Amazing Views. Owner lives in the New built 750 sq. ft. Studio Unit and would bring in an additional $1400/month. Timber, Water Rights, Natural developed Spring, Community Water, 3 Septic Systems (Two Complex and One Standard) and Outbuildings. Plenty of parking. Unrestricted Property! Possible Owner Carry W/35% Down. Owner will also consider a partnership. So many possibilities. You also could AirBnb as well.
  1. Listed by Valerie Jones • Garden Valley Homes & Land • Main: 208-462-6102

Property Details for 840-842 Banks Lowman Road

Garage Spaces
3
Parking Features
Garage Door Access, One Car, Two Car, Carport, Detached, RV Access/Parking, Attached, Finished Driveway
Waterfront Features
Waterfront, Creek/Stream, Irrigation Canal/Ditch, Pond Community
Waterfront
Yes
Subdivision Name
Craig Creek
LISTING UPDATED: 12/17/2025 11:03 PM

Property Details for 840-842 Banks Lowman Road

StatusActive
MLS #98969770
Days on Market11
Taxes$3,700 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2003
CountyBoise County

Location

Listing Courtesy of Garden Valley Homes & Land
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Building Information for 840-842 Banks Lowman Road

Building/Complex840-842 Banks Lowman RdFloor-Stories-Residences9Pet Policy-Pet Policy Details-Year Built2003Building Size-

Payment Calculator

$14,885 per month

30 year fixed, 6.28% Interest

Principal and Interest

$14,577

Property Taxes

$308

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 840-842 Banks Lowman Road

Summary
Location and General Information
  • Accessibility Features: Bathroom Bars
Taxes and HOA
  • Tax Legal Description: Lot 3 Blk 1 Craig Creek Subdivision
  • Tax Year: 2025
  • Association: Yes
  • Parcel Number: RP001770010030A
School Information
  • Elementary School: Garden Valley
  • Elementary School District: Garden Valley School District #71
  • HighSchool: Garden Valley
  • HighSchool District: Garden Valley School District #71
  • Middle Or Junior School: GardnVlyJr
  • Middle Or Junior School District: Garden Valley School District #71
Parking
  • Carport: Yes
  • Covered Spaces: 3
  • Garage: Yes
  • Open Parking: Yes
  • Parking Total: 16
Virtual Tour
Property
Lot Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Total: 8260.0
  • Building Area Units: Square Feet
  • Farm Land Area Units: Square Feet
  • Living Area: 8260.0
  • Living Area Units: Square Feet
  • Lot Features: 1 - 4.99 Acres, Irrigation, R.V. Parking, Sidewalks
  • Lot Size Acres: 4.73
  • Lot Size Area: 4.73
  • Lot Size Square Feet: 206038.8
  • Lot Size Units: Acres
  • Other Structures: Shop
Property and Assessments
  • Documents Available: Lease, Survey/Plat, Property Disclosure
  • Photos Count: 45
  • Year Built: 2003
Utilities
  • Gas: Unit 1 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter, Unit 6 Separate Meter, Unit 7 Separate Meter
  • Sewer: Septic Tank
  • Utilities: Water Connected, Electricity Connected, Natural Gas Connected, Cable Connected
  • Water Source: Community Service, Spring
Interior and Exterior Features
Exterior Features
  • Construction Materials: Insulation, Frame, Wood Siding
  • Fencing: Wood
  • Roof: Composition, Metal
Interior Features
  • Appliances: Water Heater, Disposal (No Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
  • Cooling: None
  • Cooling Available: No
  • Flooring: Concrete, Engineered Vinyl Plank
  • Foundation Details: Slab
  • Heating: Heated, Electric, Forced Air, Natural Gas, Propane, Wall Furnace, Wood
  • Heating: Yes
  • Other Equipment: Hoist/Lift
  • Interior Features: Shower, Sink, Workbench, Walk In Shower
  • Laundry Features: Washer/Dryer Hookups (Some Units)
  • Bathrooms Total Integer: 10
  • Bedrooms Total: 15
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses Information
  • Gross Scheduled Income: 10300.0
  • Electric Expense: $1,200.00
  • Operating Expense: $11,956.00
  • Other Expense: $3,700.00
  • Trash Expense: $756.00
  • Water Sewer Expense: $400.00
Rental
Rental Information
  • Total Actual Rent: $9,150

Property History for 840-842 Banks Lowman Road

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Listed (Active)

IMLS #98969770

$2,950,000
Mar 22, 2022

Withdrawn

IMLS #98831021

Mar 1, 2022

Price Change

IMLS #98831021

$1,675,000
Feb 4, 2022

Price Change

IMLS #98831021

$1,875,000
Feb 4, 2022

Price Change

IMLS #98831021

$1,675,000
Feb 3, 2022

Price Change

IMLS #98831021

$1,875,000
Feb 3, 2022

Listed (Active)

IMLS #98831021

$1,675,000
DateEvent & SourcePrice
12/15/2025

Listed (Active)

IMLS #98969770

$2,950,000
03/22/2022

Withdrawn

IMLS #98831021

03/01/2022

Price Change

IMLS #98831021

$1,675,000
02/04/2022

Price Change

IMLS #98831021

$1,875,000
02/04/2022

Price Change

IMLS #98831021

$1,675,000
02/03/2022

Price Change

IMLS #98831021

$1,875,000
02/03/2022

Listed (Active)

IMLS #98831021

$1,675,000

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

Schools near 840-842 Banks Lowman Road

This home is within Garden Valley District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 12
Private - 6 to 12
Rating
School
Distance
Lowman Elementary School
PublicPK to 6

Garden Valley School
PublicPK to 12

Project Patch
Private6 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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840-842 Banks Lowman Road is a multi-family home for sale in Garden Valley, ID 83622. This property was listed for sale on December 15, 2025 by Garden Valley Homes & Land, it's currently listed at $2,950,000. This listing's school district is Garden Valley District. Nearby schools include Lowman Elementary School, Garden Valley School and Project Patch. 840-842 Banks Lowman Road is a 15-bed, 10-bath, 8,260 sqft multi-family home built in 2003.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Garden Valley Homes & Land

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.