470 50, Bloomington, ID 83223
7BD/—BA Residential in Bloomington, ID 83223. 7,681 sqft. Built 2023. Listed at $1,648,000. MLS #2024237.
7BD/—BA Residential in Bloomington, ID 83223. 7,681 sqft. Built 2023. Listed at $1,648,000. MLS #2024237.
Welcome to this exceptional custom home in the beautiful community of Bloomington, offering luxury, space, and breathtaking surroundings just minutes from Bear Lake and nearby national forest access. Built in 2020, this thoughtfully designed 7-bedroom, 5.5-bathroom residence sits on over 2 acres with stunning panoramic views in every direction. Designed with both comfort and functionality in mind, the home features a heated and fully finished oversized attached 2-car garage, along with an additional single-car garage located at the rear of the home for extra storage or recreational vehicles. The beautifully appointed kitchen showcases granite countertops, a copper farmhouse sink, abundant cabinetry, and exceptional workspace-perfect for entertaining or everyday living. The main level offers 4 bedrooms, a dedicated office, 3 full bathrooms, and a half bath, providing an ideal layout for families or guests. The luxurious primary suite features vaulted ceilings, a spa-inspired bathroom with a jetted tub, walk-in shower with multiple shower heads, and a cedar-lined walk-in closet. The home also includes multiple primary suite options, offering flexibility for multi-generational living or guest accommodations. Above the garage, you'll find a spacious gathering room perfect for entertaining, relaxing, or creating a game or recreation area. The walk-out basement expands the living space even further with a large open family room, abundant storage, 3 additional bedrooms, 2 full bathrooms, and a dedicated theater room complete with a 100-inch TV and built-in surround sound system. Every detail of this home was carefully planned and meticulously maintained, creating a rare opportunity to own a high-quality custom property in one of southeastern Idaho's most sought-after recreational areas. Offered below appraised value, this remarkable home delivers outstanding value and lifestyle appeal. Seller will consider offers. Contact the listing agent today for more information or to schedule your private showing.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Bear Lake
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Stone,Metal Siding
Lot Size
2.05 sq ft
Above Grade Area
4,566 sq ft
Condition
Blt./Standing
MLS #
2024237
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Bear Lake
Zoning
Single-Family, Short Term Rental Allowed
Construction
Asphalt,Stone,Metal Siding
Lot Size
2.05 sq ft
Above Grade Area
4,566 sq ft
Condition
Blt./Standing
MLS #
2024237
List Price
$1,648,000
Original Price
$2,149,000
Annual Taxes
$1,500
Home Warranty
No
List Price
$1,648,000
Original Price
$2,149,000
Annual Taxes
$1,500
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Full
Materials
Asphalt,Stone,Metal Siding
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
Full
Materials
Asphalt,Stone,Metal Siding
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
3
Covered Spaces
3
Total Parking
13
Garage Spaces
3
Covered Spaces
3
Total Parking
13
Why this is a deal
Deal Score Breakdown
100/100 · 2 qualifying signals
23% price reduction from original list — seller may be motivated
Priced 14% below the per-subtype city median
STR net cashflow -$6,900/mo (-65.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Not enough comparable listings
Area growth data unavailable
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Est. Annual Revenue
$62,307/yr
$252/night · 44% occupancy · $102/bedroom · $0.18/sqft
Net Monthly Cash Flow
−$6,900 /mo (−$82,803/yr)
Monthly STR income
Monthly ownership cost
Coverage
49%
Net /mo
−$6,900
DSCR
0.44
$423,001
+290% vs median
70 days
6
$305,000 – $2,550,000
$1,500
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