151 3RD, Montpelier, ID 83254
3BD/—BA Residential in Montpelier, ID 83254. 2,308 sqft. Built 1920. Listed at $425,000. MLS #2139140.
3BD/—BA Residential in Montpelier, ID 83254. 2,308 sqft. Built 1920. Listed at $425,000. MLS #2139140.
One of a kind Montpelier home with log siding, a sunroom entrance, a separate dining area with a freestanding gas fireplace, and a living room. Upstairs has a bedroom, while the lower level includes a family room, storage, and a jetted tub. Outside, the property offers an attached garage, extra covered parking, and a half-circle driveway. Mature trees frame a surprisingly large backyard for an in-town lot, complete with a greenhouse and fruit trees including plum, chokecherry, and four varieties of apples. A 20x20 shop, two metal sheds, and a hay barn provide plenty of practical space. Everything you need is close by schools, parks, shopping, and even the golf course making this a rare combination of usable land and convenient location. OPEN HOUSE 6/12/2026 4:00pm-7:00pm
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Bear Lake
Zoning
Single-Family
Construction
Log
Lot Size
0.73 sq ft
Above Grade Area
1,496 sq ft
Condition
Blt./Standing
MLS #
2139140
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
County
Bear Lake
Zoning
Single-Family
Construction
Log
Lot Size
0.73 sq ft
Above Grade Area
1,496 sq ft
Condition
Blt./Standing
MLS #
2139140
List Price
$425,000
Original Price
$475,000
Annual Taxes
$1,526
Home Warranty
No
List Price
$425,000
Original Price
$475,000
Annual Taxes
$1,526
Home Warranty
No
Heating
Gas: Central
Roof
Metal
Flooring
Carpet,Laminate,Vinyl
Basement
Full
Materials
Log
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Roof
Metal
Flooring
Carpet,Laminate,Vinyl
Basement
Full
Materials
Log
Appliances
Ceiling Fan,Dryer,Microwave,Refrigerator,Washer
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
1
Covered Spaces
3
Total Parking
3
Garage Spaces
1
Covered Spaces
3
Total Parking
3
Why this is a deal
Classification
Standard
Deal Score
78/100
vs Similar Homes
60% above
vs Market Median
42% above
Price Reduced
10.5%
Deal Score Breakdown
78/100 · 1 qualifying signal
11% price reduction from original list — seller may be motivated
Priced 60% above the median of similar listings
Priced 42% above the per-subtype city median
STR net cashflow -$872/mo (-30.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$33,870/yr
$249/night · 44% occupancy · $103/bedroom · $0.18/sqft
Net Monthly Cash Flow
−$871 /mo (−$10,450/yr)
Monthly STR income
Monthly ownership cost
Coverage
99%
Net /mo
−$872
DSCR
0.92
$260,000
+63% vs median
185 days
33
$199,000 – $1,100,000
$1,526
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