$2,450,000
SOLD JUL 30, 2025
Last list price

3868 Franks Ln Island Park, ID 83429

5 Beds
4.5 Baths
3,836 Sq Ft
1.76 Acres

Recently Sold

$639 Per Sq Ft

175 Days on Market

Highlights

  • Lake Front
  • Secluded Lot
  • Vaulted Ceiling
  • New Flooring
  • Multiple Fireplaces
  • Mud Room

About This Home

As of July 2025

NEW PRICE! LAKEFRONT - ISLAND PARK RESERVOIR - 1.76 ACRES - 150 FT. OF WATER FRONTAGE - ACTIVE VACATION RENTAL - Come see this EXCEPTIONAL 5 bedroom (plus den or additional bedroom), 4.5 bath lakefront cabin, located in a private gated area of Centennial Subdivision. Views of the lake, mountains and a huge Legacy ranch are visible from the back deck and patio. Amazing features include: Fantastic kitchen w/huge island and enormous dining area with a wall of windows facing the lake, vaulted ceilings, built-ins throughout, 3 beautiful fireplaces (including in the master ensuite), walk out basement leading to a patio and access to the lake. Roomy family room with designated area for pool table, built in bar, 4 bedrooms and 2 baths. Need more space for your guests? There is plenty of room to build a guest cabin and/or shop with guest quarters on this nearly 2-acre parcel! Franks Lane is gated with the boat ramp and community park just a block away. BONUS: Interior all freshly painted, and new carpet. 1.1 acres are also included under water, allowing you to build a pier w/permit. Be sure to click on the Virtual Tour icon to view the 3D tour complete with floor plan and measuring tool. Call the listing agent for more details and showing appt.

Last Agent to Sell the Property

Karen Cameron

Century 21 High Desert License #AB10395 Listed on: 01/16/2025

Century 21 High Desert

Last Buyer's Agent

Karen Cameron

Century 21 High Desert License #AB10395 Listed on: 01/16/2025

Century 21 High Desert

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,976

Year Built

  • Built in 2009

Lot Details

  • 1.76 Acre Lot
  • Lake Front
  • Secluded Lot
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Open Parking

Property Views

  • Water
  • Mountain

Home Design

  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Propane Fireplace
  • Mud Room
  • Home Office
  • New Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Property is near a lake
  • Patio

Schools

  • Island Park Charter Elementary School
  • North Fremont A215jh Middle School
  • North Fremont A215hs High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Community Well
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Exclusions: List To Be Provided.

Community Details

Overview

  • Association fees include snow removal, water
  • Built by Fillmore
  • Centennial Mountain Shores Fre Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,976

Year Built

Built in 2009

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Has Basement: Daylight, Finished, Full, Walk-Out Access
  • Inclusions: Appliances And Vinyl Dock. Furniture Is Negotiable.
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 1.76
  • Subdivision Name: Centennial Mountain Shores-Fre
  • Directions: Hwy 20 to Kilgore Rd to left on Old Shotgun Rd. to entrance to Centennial Shores. Left on Century and follow to Franks Lane (2nd gate at Franks Lake)
  • Above Grade Finished Sq Ft: 1983
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Interior Amenities: Den/Study, Master Downstairs, Master Bath, Mud Room, Office, Pantry, Ceiling Fan(s), Garage Door Opener, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Plumbed For Water Softener, Dishwasher, Dryer, Microwave, Vented Exhaust Fan, Electric Range, Refrigerator, Washer, Electric Water Heater
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1853
  • Fireplace Features: 3+, Propane
  • Fireplace: Yes
  • Flooring: New Floor Coverings-Full
  • Living Area: 3836

Exterior Features

  • Exclusions: List To Be Provided.
  • Roof: Architectural
  • View: Mountain(s), Water
  • Lot Features: Established Lawn, Sprinkler System Full, Secluded, Low Traffic, Near Lake
  • View: Yes
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes
  • Builder Name: Fillmore
  • Construction Type: Frame, Wood Siding, Stone
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: 2, Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Stalls, Garage Door Opener, Crushed Rock
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane, Forced Air, Other, See Remarks
  • Heating Yn: Yes
  • Electric: Fall River Power
  • Water Source: Community Well (5+)

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Common Area
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Snow Removal, Water

Schools

  • Middle Or Junior School: North Fremont A215JH

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 76665.6
  • Zoning Description: Fremont-R1-Residential Sngl Fm

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6976

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Island Park Charter School
  • HighSchool: North Fremont A215HS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Fife Marilyn Jacobs and Fife Darwin
Bought by
Homestead Lodge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$471,543
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Estimated Equity
$1,729,915
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Flying S Title And Escrow Of I
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Seller Take Back
Previous Owner $300,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold -- -- --
07/10/2025 07/10/25 Pending -- -- --
05/31/2025 05/31/25 Price Changed $2,450,000 -5.6% $639 / Sq Ft
01/16/2025 01/16/25 For Sale $2,595,000 -- $676 / Sq Ft
Source: Snake River Regional MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $3,619 $1,930,748 $668,990 $1,261,758
2024 $3,619 $1,904,461 $668,990 $1,235,471
2023 $3,619 $1,177,998 $346,612 $831,386
2022 $6,057 $1,096,603 $346,612 $749,991
2021 $4,902 $665,159 $187,839 $477,320
2020 $4,876 $612,834 $187,839 $424,995
2019 $4,826 $612,834 $187,839 $424,995
2018 $4,045 $482,602 $187,839 $294,763
2017 $41 $464,758 $182,204 $282,554
2016 $4,118 $470,279 $182,470 $287,809
2015 $4,086 $565,024 $0 $0
2014 $4,590 $481,104 $0 $0
2013 $4,590 $485,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Cameron

    Seller's Agent in 2025

    Karen Cameron

    Century 21 High Desert

    (208) 351-7354

    141 Total Sales

    Karen Cameron
    Section Image
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Map

Source: Snake River Regional MLS

MLS Number: 2172922

Snake River Regional MLS

APN: RP-13N42E245405

Idaho Fremont County Island Park 83429

3868 Franks Ln, Island Park, ID

This home is located at 3868 Franks Ln, Island Park, ID 83429 and is currently estimated at $2,450,000, approximately $638 per square foot. This property was built in 2009. 3868 Franks Ln is a home located in Fremont County with nearby schools including Ashton Elementary School and North Fremont Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Snake River Regional MLS Copyright Snake River MLS. All rights reserved. Information is deemed reliable but not guaranteed.

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