115 SPIKE LP, Etna, WY 83118
115 SPIKE LP, Etna, WY 83118
115 SPIKE LP, Etna, WY 83118
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$899,000
Est. payment /mo
3 Beds
3 Baths
2,396 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,396 sqft

Price per Sqft $375

Subdivision Elk Flatts

MLS Listing ID 26-423

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 2025

Annual Tax Amount $5,445

Tax Year 2026

Lot Size 4.770 Acres

Acres 4.77

Property Sub-Type Single Family Residence

Source Teton Board of REALTORS®

Property Description

MAJOR PRICE IMPROVEMENT -- NOW $899,999! Seller has made a substantial price reduction with the goal of getting this property SOLD. Brand-new construction, 4.77 acres, no HOA and now offered UNDER $900K!

With rising building and construction costs, this property represents an exceptional opportunity to purchase brand-new construction, completed infrastructure and thoughtfully designed improvements at today's price--without taking on the cost, time and uncertainty of building from the ground up. This is a better buy than trying to recreate the same property in today's market.

And fall may be the most spectacular time to see it. Major new landscaping has just been completed, with 40 newly planted trees including quaking aspens and blue spruces, plus juniper, ornamental grasses and Russ sage. Fall colors are lighting up Star Valley, setting off the sweeping Wyoming Range and valley views--and this time of year, you may even hear the elk bugling nearby. This is Wyoming in the fall.

Brand-new mountain-modern construction on 4.77 level, irrigated acres, just 5 minutes south of Alpine and under an hour to Jackson Hole. No HOA. Horses allowed. National Forest access is nearby and the Salt River is just minutes away.

Inside, the living room is designed around the view. A dramatic two-story picture window rises above the soaring vaulted ceiling, creating a breathtaking wall of glass that frames the Wyoming Range and expansive Star Valley views. From the moment you enter, the mountains command attention, while changing light, weather and seasons become part of the home's interior experience. The two-story window floods the living room with natural light and gives the space an extraordinary sense of volume, openness and connection to the surrounding landscape.

Heated concrete floors, radiant hydronic in-floor heat, LVP flooring, modern finishes and a custom staircase combine contemporary design with exceptionally easy maintenance. Approximately 1,940 SF of living space plus a 456 SF heated garage--2,396 finished square feet in total.

WHAT YOU'RE ACTUALLY BUYING AT $899,999

The 1,940 SF finished living area represents approximately $464 per finished square foot at the current list price. However, that calculation does not account for the value of the land, completed infrastructure or site improvements.

The property includes 4.77 improved acres, a private 220-foot well producing approximately 30 GPM, septic, power, asphalt driveway, installed irrigation, pasture improvements, fencing and extensive new landscaping. Based on an estimated $275,000-$300,000 in developed land and infrastructure value, the effective cost allocated to the home's finished living area is approximately $309-$322 per finished square foot:

" At $899,999 less $275,000 in land and infrastructure value: approximately $322 per finished square foot
" At $899,999 less $300,000 in land and infrastructure value: approximately $309 per finished square foot

This provides a more meaningful comparison to other homes because the purchase includes not only brand-new construction, but also the acreage, well, septic, utilities, driveway, irrigation, pasture and landscaping already completed. Comparable homes in this price range are often older builds on one to three acres and may not include the same level of infrastructure or improvements.

This home was thoughtfully designed for energy efficiency, comfort and low operating costs. The high-performance construction, radiant in-floor heating and efficient systems help reduce heat loss and monthly heating expenses while maintaining consistent, comfortable temperatures throughout the home. The heated concrete floors provide excellent thermal mass, and the home's modern envelope and insulation package are designed for efficient Wyoming living.

The property also features a whole-house water filtration system, providing cleaner, better-tasting water throughout the home, along with a private 220' well, septic, power and irrigation already in place. These efficiency-minded features, combined with low-maintenance finishes and a newly completed landscape plan, help keep ongoing ownership costs and upkeep manageable.

Built for Wyoming living with LP SmartSide siding, metal roof, asphalt driveway, private 220' well, septic, power and irrigation already in place. The neighboring rancher currently cuts the acreage for hay, making this an exceptionally low-maintenance property. Additional highlights include the heated garage, radiant hydronic heat, whole-house water filtration and the many thoughtful modern details designed for comfort, durability and efficiency.

NEED MORE SPACE? HERE'S ANOTHER BUYER OPTION: Also see the $1.1M offering, which includes construction of an additional 50' x 50' pole barn designed with space large enough for a Class A RV and another large vehicle, plus a 12' x 12' garage space and designated area with the potential to build out an additional 2-bedroom, 2-bath living space. This gives buyers the opportunity to create the ultimate Wyoming setup for RVs, vehicles, toys, workshop space, guests or additional living.

Seller is also a licensed General Contractor/Builder and can work with the Buyer to modify the existing home, add on or further customize the property to suit their needs. Cost to finish/build out the additional living space would be additional.

TWO WAYS TO BUY. Choose the newly improved property at $899,999, or explore the $1.1M option with the massive 50' x 50' pole barn included.

Brand-new. 4.77 acres. Horses welcome. No HOA. Major new landscaping. Fall colors. A spectacular two-story living room window framing Wyoming Range views. Energy-efficient design. Low heating costs. Whole-house water filtration. Completed land and infrastructure improvements. Effective home cost of approximately $309-$322 per finished square foot after accounting for estimated land and infrastructure value. UNDER $900K--with an option for so much more.

Come experience fall in Star Valley--while the aspens are turning and the elk are bugling.

Location

State WY

County Lincoln

Community Elk Flatts

Area 11A - North Star Valley, Lincoln County

Rooms

Basement None

Interior

Interior Features Cathedral Ceiling(s), G-Natural Daylight

Heating Electric, Hydronic in-floor, Radiant, Cove Heaters

Window Features Double Pane Windows

Exterior

Exterior Feature Balcony

Parking Features Garage Door Opener

Garage Spaces 2.0

View Valley, Wyoming Range Views, Mountain(s), Scenic

Roof Type Metal

Porch Deck, Porch

Building

Lot Description Native Plants, Few Trees, G-Energy Star Mater, Year Round Access, Level, Landscaped, Corner Lot

Sewer Septic (existing)

Water Well

Others

Tax ID 12-3619.24.3.00.027.01

Horse Property No


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Dustin Hawkins

Dustin Hawkins

+1(208) 821-2832

Broker Idaho Broker License DB46635Wyoming Broker License RE-17396

Broker Idaho Broker License DB46635Wyoming Broker License RE-17396

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