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415 E 1ST S photo 11 / 69
Single FamilyADU Potential

$550,000

415 E 1ST S, Preston, ID 83263

Type

SFR

List Price

$550,000

Price/Sqft

$138

Property Details

Property typeSingle Family
Year built1973
Total units1
Living area3,988 sqft
Bedrooms6
Bathrooms4
Lot size1.55 acres
Parking6 spaces
Days on market88
Listed2026-03-27T00:00:00+00:00

Description

Spacious and full of potential, this 3,988 sq ft home built in 1973 sits on a rare 1.55-acre in-town lot in Preston. Offering 6 bedrooms and 3.5 bathrooms, the property provides flexible living arrangements with room to adapt to a variety of needs. Recent improvements include fresh interior paint and several updates completed by the current owners, creating a solid foundation for further customization. The property features a 2-car garage, a fully landscaped yard, and a separate fenced area well-suited for animals, along with mature trees and established fruit trees that add character and seasonal enjoyment. A private back deck extends from the owner's suite, providing a quiet outdoor retreat. The basement layout offers potential for an accessory dwelling unit (ADU) or additional living space, presenting an opportunity for multi-functional use. With its combination of acreage, location, and versatility, this property is a unique opportunity to create your ideal space while enjoying the benefits of in-town living.

Listed by Ron D Andrus · Cornerstone Real Estate Professionals/Idaho

Location

415 E 1ST S, Preston, ID 83263

Proforma

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Cap Rate

0.00%

Cash-on-Cash

-12.47%

Cash Flow

-$2,143/mo

Purchase Price$550,000
Down Payment35% ($192,500)
Interest Rate6.00%
Monthly Rent$0/mo
Vacancy5%
Expense Ratio30% ($0)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/23/2026, 4:00:07 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.