24950 Highway 93 Challis, ID 83226
Estimated payment $62,835/month
Highlights
- Boat Ramp
- Horses Allowed On Property
- Mountainous Lot
- Docks
- Waterfront
- Pond
About This Home
1400-acre working ranch on the Salmon River in the mountain community of Challis, Idaho with over 2100 acres of water rights and shares. Piva Rafter P Ranch handles 500 pairs and offers 3 homes, ample water rights, water shares, multiple creeks, several ponds, irrigated pasture, a full-span indoor arena, a horse barn, and several outbuildings making it a turn-key cattle operation. The owner will finance with a 50% down payment at 5% interest.
Land
The ranch consists of 1,410 acres of leveltopography with many natural amenities. The acreage highlights several ponds, three year-round creeks on the east side of the highway, and a few additional creeks on the west side of the highway. The northeastern portion of the property backs up to BLM land and has beautiful views of the Salmon River.
The pastures are currently planted in alfalfa and hay. Nearly the entire property is irrigated through the water rights from the State of Idaho and the 1,242 acres of water shares through the Gini Ditch Company. The irrigation system consists of a combination of pivots, wheel lines, and flood irrigation through ditches. Additional pivots could be installed if one wished to expand the system. The ranch is fully fenced and cross-fenced.
1,410 Total Acres
899.60 acres of Water Rights
1,242 acres of Water Shares
Borders Public Lands
Creeks
Level Topography
Irrigated Pasture
Livestock Fencing
Pivots & Wheel Lines
Ponds
Public Road Access
Suitable for Livestock or Horses
Waterfront
Water Rights
Water Shares
Views
Improvements
The ranch has been improved with several outbuildings with power and equipment for raising livestock. One of these outbuildings is the impressive full-span indoor arena. Another is the horse barn which has power, stalls, and a tack room. These outbuildings provide plenty of space throughout the ranch to store hay, equipment, or recreational vehicles.
Calving Barn with Power 30ft x 80ft
Cattle Chutes
Cinder Block Shop with Power 20ft x 75ft
Covered Livestock Stalls
Elk Fenced Hay Corrals
Horse Barn with Power, Stalls, & Tack Room 40ft x 80ft
Indoor Arena with Power 100ft x 150ft Full Span
Scales
Vintage Log Barn with Power 30ft x 30ft
There is a beautiful home in the center of the ranch that was built in 1999. It is in the perfect location to enjoy 360-degree views. This main home has 3,892 sq ft of living space with 3 bedrooms, 3 bathrooms, and an attached 3-car garage. The inviting interior showcases a great room with vaulted ceilings and a river rock fireplace. The spacious adjoining kitchenhas an island, a built-in oven, breakfast bar, and pantry. The home also features hardwoodfloors, an office, a reading loft, and a main-level master suite with a jetted tub and a walk-in closet. The guest bedrooms each have a vanity sink and adjoining bathroom. The open deck with the hot tub is the perfect place to relax and take in the breathtaking views of the surrounding landscape.
There are two other residences on the ranch that would be ideal for rental income. The first is a 2,400 sq ft home with 4 bedrooms and 2 bathrooms that was built in 1940. The second is a 1,000 sq ft hunting cabin.
Main Home 3,892 sq ft
3 Bedrooms
3 Bathrooms
3 Car Attached Garage
Deck
Great Room with Fireplace
Kitchen Island
Hardwood Floors
Hot Tub
Loft
Office
Pantry
Vaulted Ceilings
Views
Hunting Cabin 1,000 sq ft
Second Home 2,400 sq ft
Recreation
Custer County contains a large portion of the Sawtooth National Recreation Area and the Frank Church River of No Return Wilderness, so the recreational opportunities available at your fingertips are plenty. Residents and visitors enjoy mountaineering, hiking, camping, hunting, mountain biking, or horseback riding. The Salmon River offers activities such as swimming, jet-boating, river rafting, fishing, and kayaking.
0 miles from Salmon River
5 miles from Land of Yankee Fork State Park
9 miles from Salmon-Challis National Forest
11 miles from Challis Hot Springs
60 miles from Stanley, Idaho
60 miles from Borah Peak
67.5 miles from Redfish Lake
80 miles from Sun Valley, Idaho
Water/Mineral Rights & Natural Resources
The ranch has ample water for irrigation withnearly the entire ranch being irrigated. The irrigation water comes from a combination of priority water rights through the State of Idaho and water shares through the Gini Ditch Water Company. The water rights have priority dates going as far back as 3/22/1878. In addition to irrigation rights, there are water rights for wildlife storage, stock water, and domestic usage.
1,242 Water Shares Through Gini Ditch Water Company
2021 Assessment for Gini Ditch= $919.40
899.60 Water Rights through Idaho Department of Water Resources
2021 Water Rights Assessment = $1,655.19
Please note these are estimates The seller will be keeping some of the water rights and shares for the portion of the ranch that the seller is retaining.
Location
The ranch is located in a peaceful rural setting only 3.5 miles from the town of Challis along the Salmon River Scenic Byway. The byway is a stretch of road following the Salmon River within a mountain corridor flanked on both sides by BLM land and the Salmon-Challis National Forest. This roadway follows a portion of the Lewis Clark Trail.
Challis, Idaho is a small town that serves as the county seat for Custer County. The area is known for its mining history, hot springs, and recreation along the Salmon River.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,356
Lot Details
- Waterfront
- Mountainous Lot
- Current uses include hunting/fishing
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Docks
- Pond
Additional Features
- Water Views
- Horses Allowed On Property
Community Details
Overview
- Campground in community
Recreation
- Boat Ramp
- Jogging Path
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,356 | $792,740 | $45,830 | $746,910 |
| 2023 | $2,356 | $781,610 | $45,760 | $735,850 |
| 2022 | $2,237 | $620,090 | $37,010 | $583,080 |
| 2021 | $2,012 | $480,980 | $19,160 | $461,820 |
| 2020 | $1,860 | $467,900 | $16,620 | $451,280 |
| 2018 | $1,341 | $429,950 | $16,100 | $413,850 |
| 2017 | $1,312 | $429,890 | $16,040 | $413,850 |
| 2016 | $1,371 | $434,930 | $16,040 | $418,890 |
| 2015 | $1,201 | $444,210 | $16,020 | $428,190 |
| 2011 | $902 | $463,010 | $15,930 | $447,080 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | For Sale | $11,320,000 | 0.0% | $2,909 / Sq Ft |
| 09/17/2024 09/17/24 | For Sale | $11,320,000 | +54.6% | $2,909 / Sq Ft |
| 12/08/2023 12/08/23 | For Sale | $7,320,000 | -35.3% | $1,881 / Sq Ft |
| 12/01/2023 12/01/23 | Off Market | -- | -- | -- |
| 11/07/2023 11/07/23 | Off Market | -- | -- | -- |
| 08/15/2023 08/15/23 | Off Market | -- | -- | -- |
| 04/04/2023 04/04/23 | Price Changed | $11,320,000 | +54.6% | $2,909 / Sq Ft |
| 04/04/2023 04/04/23 | Price Changed | $7,320,000 | -35.3% | $1,881 / Sq Ft |
| 04/04/2023 04/04/23 | Price Changed | $11,320,000 | +41.5% | $2,909 / Sq Ft |
| 10/10/2022 10/10/22 | For Sale | $8,000,000 | -38.5% | $2,055 / Sq Ft |
| 06/10/2022 06/10/22 | For Sale | $13,000,000 | 0.0% | $3,340 / Sq Ft |
| 05/18/2022 05/18/22 | For Sale | $13,000,000 | -- | $3,340 / Sq Ft |
- 2656 Challis Creek Rd
- 699 Stephens Rd
- 3100 Challis Creek Rd
- TBD Stephens Rd
- 2651 Challis Creek Rd
- TBD Rod & Gun Club Loop
- 720 Conestoga Crossing
- 1115 Wilson Rd
- 188 Wilson Ln
- Lot3,4,5 River's Edge Rd
- 1111 Buckskin Run
- 63 Valley View Cir
- Lot 1 River's Edge Rd
- 176 Valley Ct
- 96 Valley View Ln
- 1723 Valley Ave
- Lot 9 River's Edge Rd
- Lot 2 River's Edge Rd
- 800 Main St
- 800 E Main Ave