Teton County ID Homes under $400,000

• 

  

  

  /22

  $150,000

  • Land
  • 2.46 Acres
  • $60,976 per Acre

  8505 Appaloosa Ridge Trail, Tetonia, ID 83452

  Welcome to Appaloosa Ridge, an exquisite enclave nestled in the heart of the breathtaking Teton Valley, Idaho. This premier community offers exclusive homesites ranging from 1 to 2.5 acres, each meticulously positioned on rolling hills that provide unparalleled vistas of the majestic Teton and Big Hole Mountain Ranges. Imagine waking up to the sun rising over the Tetons, casting a golden glow on

  Bonny Etchemendy Century 21 Teton Valley

  8505 Appaloosa Ridge Trail, Tetonia, ID 83452
• 

  

  

  /10

  $198,000

  • Land
  • 2.5 Acres
  • $79,200 per Acre

  TBD LOT 1 Hillside Ln, Driggs, ID 83422

  Buyer incentive: Seller will pay the Alliance Title closing fee at closing. Located at the entrance of a quiet 10 parcel subdivision, this 2.5 acre lot offers an inviting blend of convenience and mountain living. Surrounded by wide open mountain views, the homesite provides an ideal setting with quick access to Driggs, Grand Targhee Resort, Darby Canyon, and the Teton River. Short term rentals

  Nicolette Maw Engel & Volkers Jackson Hole

  TBD LOT 1 Hillside Ln, Driggs, ID 83422
• 

  

  

  /10

  $275,000

  • Land
  • 30,056 Sq Ft
  • $398,551 per Acre

  3230 Old Post Ln, Victor, ID 83455

  Located in the coveted southwestern corner of Teton Valley, Hiddenwaters offers one of Victor's most sought-after settings. Framed by the Big Hole Mountains to the west and the Palisades Range to the south, the community is defined by sweeping pastoral valley views, abundant local wildlife, and the rare feeling of being tucked directly at the base of the mountains—yet just minutes from the heart

  Cisco Group Jackson Hole Sotheby's International Realty

  3230 Old Post Ln, Victor, ID 83455
• 

  

  

  /10

  $385,000

  • Land
  • 3.2 Acres
  • $120,312 per Acre

  4486 Wydaho Ranch Trail, Tetonia, ID 83452

  Premiere Grand Teton peak views from this 3.2 acre home site located in the 5000 North area of Teton Valley, where low density and 360 views are most prominent. Reasonable CC&Rs allow for a 1400 sq. ft house, guest house, and barn. Less than 10 minutes to restruants and shopping in Driggs, multiple national forest trailheads, and easy access to Grand Targhee via State Line Rd. Short term rentals

  William Fay Teton Valley Realty

  4486 Wydaho Ranch Trail, Tetonia, ID 83452
• 

  

  

  /5

  $137,000

  • Land
  • 1 Acre
  • $137,000 per Acre

  8859 Fawn Ridge Ln, Tetonia, ID 83452

  This is a good one! Fantastic 1 acre lot with tremendous Teton views and surrounded by acres of open space. This Phase 2 lot in West Ridge Ranch offers community water access, a 1200 sq ft minimum build, and allows modular homes with HOA design approval. It's a short distance to Grand Targhee Resort, the Teton River, and BLM and Forest Service land, making this lot ideal for your primary or

  Beth Byrd Teton Valley Realty

  8859 Fawn Ridge Ln, Tetonia, ID 83452
• 

  

  /31

  $260,000

  • Land
  • 3.68 Acres
  • $70,652 per Acre

  268 Lone Cowboy Rd, Driggs, ID 83422

  Positioned at the top of the gated Teton Saddleback Vistas subdivision, this 3.68-acre lot offers expansive views — the Grand Tetons to the east, Darby Canyon in the middle distance, and the Big Hole Mountains to the west. The lot is mostly flat, fully ready for development, and comes with plans already in hand. At 3.68 acres, there's room to build generously. The location is hard to beat:

  Jim Hickey Engel & Völkers Jackson Hole

  268 Lone Cowboy Rd, Driggs, ID 83422
• 

  

  /4

  $125,000

  • Land
  • 12,196 Sq Ft
  • $446,429 per Acre

  87 & 95 Bison Dr, Victor, ID 83455

  Teton Valley's premier golf community this Bison Townhome Lot in Teton Reserve offers a rare opportunity to build a duplex or two individual townhomes. These premium lots feature desirable southern exposure and back directly to the golf course and adjacent community open space. Located within the highly regarded Teton Reserve, the community offers paved roads, easy access to outdoor recreation,

  Beth Byrd Teton Valley Realty

  87 & 95 Bison Dr, Victor, ID 83455
• 

  

  /42

  $250,000

  • Land
  • 2,613 Sq Ft
  • $4,166,667 per Acre

  31 Bannock Cir, Victor, ID 83455

  Welcome to the epitome of serene living where luxury meets nature in perfect harmony. Nestled in the heart of Idaho's breathtaking landscapes, this exquisite cabin homesite offers an unparalleled opportunity to craft your dream retreat amid pristine wilderness, with the grandeur of the Targhee National Forest as your backyard. Perched elegantly to take in the expansive views to the west, this

  Bonny Etchemendy Century 21 Teton Valley

  31 Bannock Cir, Victor, ID 83455
• 

  

  /5

  $286,000

  $8K PRICE DROP

  • Land
  • 3.04 Acres
  • $94,079 per Acre

  4342 Tails Down Rd, Tetonia, ID 83452

  Build your dream home on this rare 3-acre parcel offering sweeping views of the majestic Teton Range. Located in a sought-after area of Teton Valley, the property combines wide-open scenery with easy access to nearby amenities and outdoor recreation. Plenty of space for a home and shop—bring your vision to life on this exceptional piece of Idaho land. This lot also comes with a full set of

  Cheyenne Durbin West Group Real Estate

  4342 Tails Down Rd, Tetonia, ID 83452
• 

  

  /15

  $259,000

  $16K PRICE DROP

  • Land
  • 19,166 Sq Ft
  • $588,636 per Acre

  41 Winger Cir, Victor, ID 83455

  Prime half-acre golf homesite in Teton Springs featuring stunning mountain and sunset views to the west and a landscaped, community-maintained open space just beyond the property. Ideally located with easy access to Targhee National Forest trail systems and Warm Creek nearby. Teton Springs is a private golf and fly-fishing community in Victor, Idaho, just 25 miles west of Jackson Hole. Amenities

  David Neville Keller Williams Jackson Hole

  41 Winger Cir, Victor, ID 83455
• 

  

  /5

  $249,000

  $10K PRICE DROP

  • Land
  • 2.5 Acres
  • $99,600 per Acre

  5066 Vista Ln, Tetonia, ID 83452

  Set on 2.5 acres in The Vistas, this expansive homesite features stunning Teton and Big Hole Mountain views in a peaceful, quiet setting. The Vistas is one of the few subdivisions that allow approved modular homes and up to two horses. Sensible CC&Rs, along with established building envelopes, help maintain the views and provide long term value. The minimum building requirement is 1,700 square

  Beth Byrd Teton Valley Realty

  5066 Vista Ln, Tetonia, ID 83452
• 

  

  /36

  $199,000

  $89K PRICE DROP

  • Land
  • 30,492 Sq Ft
  • $284,286 per Acre

  3260 Old Post Ln, Victor, ID 83455

  Discover the perfect canvas for your dream home in the exclusive Hiddenwaters community nestled near the scenic town of Victor, Idaho. This stunning .70-acre homesite offers a harmonious blend of natural beauty and community living, making it an ideal location for those seeking tranquility and adventure. Imagine waking to breathtaking Taylor Mountain views to the east and enjoy the spectacular

  Bonny Etchemendy Century 21 Teton Valley

  3260 Old Post Ln, Victor, ID 83455
• 

  

  /4

  $105,000

  • Land
  • 1.25 Acres
  • $84,000 per Acre

  8085 Appaloosa Ridge Trail, Tetonia, ID 83452

  Beautiful 1.25 acre lot in the Appaloosa Ridge subdivision featuring gentle rolling hills and incredible, unobstructed Teton views. Located at 8085 Appaloosa Ridge , this affordable homesite offers southern exposure overlooking open space and plenty of room for a primary and guest home while taking in the Big Hole and Teton views. Community water hookup is available. Looking for more acreage?

  Beth Byrd Teton Valley Realty

  8085 Appaloosa Ridge Trail, Tetonia, ID 83452
• 

  

  /11

  $235,000

  • Land
  • 23,086 Sq Ft
  • $443,396 per Acre

  9624 Timberline Loop, Victor, ID 83455

  Timberline Ranch is ideally positioned in the coveted southern end of Teton Valley in Victor, Idaho, just twenty-five miles west of Jackson Hole. Set against panoramic views of the Teton, Snake River, and Big Hole Mountain ranges, this thoughtfully planned community blends natural beauty with modern convenience. Residents enjoy serene ponds, open space, and meandering walking paths that celebrate

  Cisco Group Jackson Hole Sotheby's International Realty

  9624 Timberline Loop, Victor, ID 83455
• 

  

  /16

  $399,000

  • Land
  • 5.33 Acres
  • $74,859 per Acre

  0 6053 W 1400 N Unit 24-2228, Driggs, ID 83442

  Over five acres with big Teton views, light CCRs, and surrounded by hundreds of acres of conservation land! Close proximity and easy access to the Teton River, Horseshoe Canyon mountain bike trails and Grand Targhee Ski Resort, this property is perfect for outdoor enthusiasts seeking a tranquil retreat. Boasting stunning unobstructed views of the Teton and Big Hole mountain ranges, this lot

  Dery Realty Group Coldwell Banker Mountain Properties

  0 6053 W 1400 N Unit 24-2228, Driggs, ID 83442
• 

  

  /14

  $399,000

  • Land
  • 6.08 Acres
  • $65,625 per Acre

  3191 Canyon Crest Dr, Victor, ID 83455

  Tucked into the wooded hillside of a premier mountainside community, this elevated lot offers an intimate connection with nature and the surrounding ranges. Mature Doug Fir, Pine, and Aspen provide privacy and shade, with peek-a-boo views filtering through the trees. Unlike many hillside parcels, this site is notably flat and buildable, minimizing excavation and engineering costs. With connection

  Tayson Rockefeller Teton Valley Realty

  3191 Canyon Crest Dr, Victor, ID 83455
• 

  

  /4

  $189,000

  • Land
  • 1.03 Acres
  • $183,495 per Acre

  TBD Porcupine Pkwy, Tetonia, ID 83452

  Build your dream Idaho retreat in quiet Grand Teton Estates near Tetonia. This flat, usable lot sits in a peaceful aspen setting with underground power available to the property, making it easy to envision a cabin, vacation getaway, or full-time residence. Enjoy excellent access to outdoor recreation, with State of Idaho land approximately 0.4 miles away and National Forest about another 0.3

  Sean Brawner Keller Williams Jackson Hole

  TBD Porcupine Pkwy, Tetonia, ID 83452
• 

  

  /10

  $189,000

  $30K PRICE INCREASE

  • Land
  • 1.96 Acres
  • $96,429 per Acre

  3040 Canyon Crest Dr, Victor, ID 83455

  Discover the perfect blend of privacy and natural beauty in the desirable Shooting Star Ranch subdivision in Victor, Idaho. This 1.96-acre lot, nestled in the scenic foothills on the east side of Victor, offers an inspiring canvas for your dream home. With its sloping terrain, this site invites a creative building design to maximize the stunning vistas. Overlooking a 32 acre parcel, enjoy

  Andrea Loban Compass Real Estate

  3040 Canyon Crest Dr, Victor, ID 83455
• 

  

  /33

  $319,000

  $50K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 800 Sq Ft

  201 E Ross Ave Unit D102, Driggs, ID 83422

  *this is an ADA unit** TETON COUNTY IDAHO "WORKFORCE" HOUSING! Residents of Teton County, Idaho....who are currently working or have previously worked 30 hours a week or more at an established business in "Teton County Idaho".....may qualify for a $30,000 discount on a select number of condominiums SPECIFICALLY set aside for YOU! (**must meet the workforce requirements from the City of Driggs**)

  Travis Greene Axen Realty

  201 E Ross Ave Unit D102, Driggs, ID 83422
• 

  

  /33

  $389,000

  • 2 Beds
  • 2 Baths
  • 800 Sq Ft

  525 N 1st St Unit C102, Driggs, ID 83422

  The Flats at Teton Peaks" is an exciting new condominium housing development in the heart of Driggs Idaho surrounded with incredible scenic views and nearby beautiful destinations to visit such as the Grand Tetons and the Grand Targhee ski resort out your back door! At "The Flats at Teton Peaks" you will find comfortable, affordable housing offered for both the homeowners and investors! Yes,

  Travis Greene Axen Realty

  525 N 1st St Unit C102, Driggs, ID 83422
• 

  

  /14

  $235,000

  • Land
  • 2.49 Acres
  • $94,378 per Acre

  882 Peak View Estates Rd, Victor, ID 83455

  Build your dream in Peak View Estates. This desirable homesite offers the flexibility buyers are looking for, with CCRs that allow for a custom residence plus the potential for an approved accessory building such as a guesthouse, shop, or barn. Fencing is allowed with approval, and the community offers a rare combination of neighborhood standards and lifestyle freedom. Minimum home size

  Karin Wertheim Jackson Hole Sotheby's International Realty

  882 Peak View Estates Rd, Victor, ID 83455
• 

  

  /33

  $389,000

  • 2 Beds
  • 2 Baths
  • 800 Sq Ft

  525 N First St Unit G103, Driggs, ID 83422

  The Flats at Teton Peaks" is an exciting new condominium housing development in the heart of Driggs Idaho surrounded with incredible scenic views and nearby beautiful destinations to visit such as the Grand Tetons and the Grand Targhee ski resort out your back door! At "The Flats at Teton Peaks" you will find comfortable, affordable housing offered for both the homeowners and investors! Yes,

  Travis Greene Axen Realty

  525 N First St Unit G103, Driggs, ID 83422
• 

  

  /10

  $345,000

  $30K PRICE DROP

  • Land
  • 5.03 Acres
  • $68,588 per Acre

  5171 Fox Creek Hollow Rd, Victor, ID 83455

  Nestled in the serene Fox Creek Hollow community, this five-acre parcel captures the very essence of Teton Valley living. Expansive 360 mountain views surround the property, highlighted by a commanding view of the iconic Teton Range. The land offers a harmonious balance of open space and privacy—an ideal setting for your dream mountain home. Fox Creek Hollow is known for its protective yet

  Cisco Group Jackson Hole Sotheby's International Realty

  5171 Fox Creek Hollow Rd, Victor, ID 83455
• 

  

  /22

  $295,000

  • Land
  • 28,314 Sq Ft
  • $453,846 per Acre

  9830 Hiddenwaters Ln, Victor, ID 83455

  Fantastic building site with sweeping valley and Grand Teton views at Hiddenwaters development on the coveted west side of Victor, ID. Located near the base of Pine Creek Pass, the gentle foothills at Hiddenwaters provide stunning views and mountain streams, home to native wildlife and vegetation. The unique features of this natural landscape offer a sensational community where the home sites

  Fall Line Realty Group Compass Real Estate

  9830 Hiddenwaters Ln, Victor, ID 83455
• 

  

  /24

  $259,000

  • Land
  • 32,234 Sq Ft
  • $350,000 per Acre

  9805 Hiddenwaters Ln, Victor, ID 83455

  Located at the base of Pine Creek Pass, take a look at this premier lot in the exclusive Hiddenwaters community. Hiddenwaters is a fantastic development well known for its thoughtful design, well-maintained roads, and access to all the mountains have to offer. A drive down Hiddenwaters Lane reveals breathtaking expansive views of Teton Valley with vibrant Victor, Idaho in the distant landscape.

  Jennifer Blair Century 21 Teton Valley

  9805 Hiddenwaters Ln, Victor, ID 83455
• 

  

  /33

  $339,000

  $50K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 800 Sq Ft

  525 N First St Unit B102, Driggs, ID 83422

  Workforce Housing ** The Flats at Teton Peaks" is an exciting new condominium housing development in the heart of Driggs Idaho surrounded with incredible scenic views and nearby beautiful destinations to visit such as the Grand Tetons and the Grand Targhee ski resort out your back door! At "The Flats at Teton Peaks" you will find comfortable, affordable housing offered for both the homeowners and

  Travis Greene Axen Realty

  525 N First St Unit B102, Driggs, ID 83422
• 

  

  /19

  $120,000

  • Land
  • 1 Acre
  • $120,000 per Acre

  8703 Inglin Ridge Rd, Tetonia, ID 83452

  Build your Teton Valley basecamp in West Ridge Ranch. This 1 acre homesite offers open space to the west and expansive mountain views. Community water is now available, adding value and ease for future building. The subdivision has a 1,200 sq. ft. minimum build requirement and allows modular homes with HOA design approval which gives owners flexibility without sacrificing neighborhood standards.

  Stephanie Buelow Compass Real Estate

  8703 Inglin Ridge Rd, Tetonia, ID 83452
• 

  

  /26

  $194,000

  • Land
  • 1 Acre
  • $194,000 per Acre

  4069 Saddle Bluff Trail, Tetonia, ID 83452

  Just 10 minutes north of Driggs accessed from a paved county road, this south-facing 1-acre homesite in Saddle Bluff Ranch features expansive views of the Grand Tetons. Enjoy convenient access to the Teton River and nearby National Forest. The property allows for a minimum 1,600 sq ft home and permits short-term rentals. With breathtaking Big Hole Mountain views and endless outdoor recreation at

  Ken Dunn Coldwell Banker Mountain Properties

  4069 Saddle Bluff Trail, Tetonia, ID 83452
• 

  

  /48

  $230,000

  • Land
  • 2,613 Sq Ft
  • $3,833,333 per Acre

  54 Warm Creek Ln, Victor, ID 83455

  Life doesn't get much better than living at the base of Teton Pass--unless you are lucky enough to be in Teton Springs! Sip your coffee next to the tranquil pond and stream that border this fantastic Cabin Lot before heading out for a day of world class golf or fishing. This lot is also just a short bike ride north to coffee shops, restaurants and shopping. Or turn your mountain bike south--Teton

  Eric Spitzer Spitzer Realty, LLC

  54 Warm Creek Ln, Victor, ID 83455
• 

  

  /5

  $339,000

  • Land
  • 1 Acre
  • $339,000 per Acre

  1360 T C Dr, Victor, ID 83455

  Nestled at the base of Teton Pass, this exceptional 1-acre lot at 1360 TC Drive in Victor, Idaho offers the perfect blend of mountain serenity and unmatched access to world-class adventure. Set against a stunning alpine backdrop, this property captures the essence of elevated living with sweeping views, fresh mountain air, and direct proximity to endless outdoor recreation. Enjoy the convenience

  Sam Reece Compass Real Estate

  1360 T C Dr, Victor, ID 83455
• 

  

  /4

  $139,000

  • Land
  • 1 Acre
  • $139,000 per Acre

  280 Wolverine Way, Tetonia, ID 83452

  Beautiful 1-acre wooded lot offering privacy, natural beauty, and great access to nearby hiking trails. Surrounded by mature trees, this property provides the perfect setting for your dream home, cabin, or recreational getaway. Enjoy the flexibility of minimal CCRs and the added benefit of no active HOA. A rare opportunity to own a peaceful piece of land with easy access to the outdoors.

  Cheyenne Durbin West Group Real Estate

  280 Wolverine Way, Tetonia, ID 83452
• 

  

  /3

  $130,000

  • Land
  • 1 Acre
  • $130,000 per Acre

  8529 W Ridge Rd, Tetonia, ID 83452

  Enjoy beautiful Teton views and open space from this elevated 1 acre lot. Community well, year round access, well-maintained roads, fiber optic, power, and phone services along with minimal CC&RS make this lot ideal for your primary or vacation home. Only 1200 sq ft minimum build, and modular homes are allowed with HOA design approval . West Ridge Ranch offers one of the best views in the valley

  Beth Byrd Teton Valley Realty

  8529 W Ridge Rd, Tetonia, ID 83452
• 

  

  /6

  $275,000

  • Land
  • 7.39 Acres
  • $37,212 per Acre

  404 W 4000 S, Victor, ID 83455

  Build your dream home in the heart of Teton Valley on this expansive 7+ acre lot in the gated community of Teton Saddleback Vista, ideally located between the mountain towns of Driggs and Victor, Idaho. This property offers sweeping views of the surrounding Teton peaks, open valleys, and big Idaho skies—creating a stunning backdrop for your future home. Enjoy the privacy and space of country

  Austin Jacobs Real Broker LLC

  404 W 4000 S, Victor, ID 83455
• 

  

  /11

  $339,000

  • Land
  • 5.46 Acres
  • $62,088 per Acre

  2040 Creekside Ln, Victor, ID 83455

  This 5.46-acre wooded parcel is located on the lower terrace of the coveted Shooting Star Ranch community, offering privacy, views, and easy year-round access. A rough-in driveway is in place, and the former home site remains staked. Buyers may inquire about custom home plans. Protective covenants ensure consistent architectural quality in this secluded, wood-sided hillside community. Unlike

  Tayson Rockefeller Teton Valley Realty

  2040 Creekside Ln, Victor, ID 83455
• 

  

  /14

  $189,000

  • Land
  • 10,018 Sq Ft
  • $821,739 per Acre

  384 Palisade Trail, Driggs, ID 83422

  Wonderful building site in East Driggs. Easy access to Grand Targhee Ski Resort and Ski Hill road, minutes to downtown restaurants and shops. Slightly elevated with southern exposure with great daylight basement potential boasting city water, sewer, fiber optic cable & super low HOA dues at $50 per year. Relaxed CCRs allow short term rentals and require a minimum 1300 sq ft. of living space. Some

  Joanne LaBelle Jackson Hole Sotheby's International Realty

  384 Palisade Trail, Driggs, ID 83422
• 

  /2

  $175,000

  • Land
  • 12,196 Sq Ft
  • $625,000 per Acre

  TBD Iroquois Way, Driggs, ID 83422

  This lot in the City of Driggs measures just over 1/4 acre and is one of the most affordable lots not only inside city limits, but in the entire Driggs zip code. It's on a recently paved road and served by city water & sewer. This property close to schools and a short drive to the downtown commercial district. The property also has a nice view of the Grand and the Grand Teton range. Auxiliary

  Sam Lea Teton Valley Realty

  TBD Iroquois Way, Driggs, ID 83422
• 

  /2

  $185,000

  • Land
  • 16,552 Sq Ft
  • $486,842 per Acre

  5037 Rowboat Loop, Victor, ID 83455

  River Meadows Subdivision just north of Victor, ID, offers a beautiful setting with wide open space and sweeping mountain views. This building parcel is ideally positioned to capture views of the Teton Range from the back deck and stunning sunsets over the Big Hole Mountains from the front porch. The surrounding open space enhances privacy and a peaceful atmosphere. Residents enjoy a welcoming,

  Anne Fish Engel & Volkers Jackson Hole

  5037 Rowboat Loop, Victor, ID 83455
• 

  

  /13

  $184,000

  $11K PRICE DROP

  • Land
  • 20,037 Sq Ft
  • $400,000 per Acre

  9308 Shelby St, Victor, ID 83455

  Beautiful views surround this desirable lot in the Golf Vista Estates subdivision. This vibrant community, located in the heart of Victor, ID, is on public water and sewer, offers paved roads, phone, fiber internet and year round access. This .46 acre lot is on a quiet cul de sac convenient to national forest trailheads, Grand Targhee Resort, Teton pass, and Jackson Hole Resort making it the

  Jason (Pup) Smith Engel & Volkers Jackson Hole

  9308 Shelby St, Victor, ID 83455
• 

  

  /32

  $325,000

  $20K PRICE DROP

  • Land
  • 1 Acre
  • $325,000 per Acre

  6388 Fox Springs Dr, Victor, ID 83455

  Escape the ordinary and discover this breathtaking 1 acre parcel nestled in the heart of Teton Valley. Whether you're dreaming of building your forever home, a peaceful weekend retreat, or simply owning a quiet corner of the world, this land invites you to make that dream a reality. Wake up every morning to unobstructed views of the Grand Teton Range, painting a picture-perfect backdrop through

  Eric Spitzer Spitzer Realty, LLC

  6388 Fox Springs Dr, Victor, ID 83455
• 

  

  /4

  $179,900

  • Land
  • 1 Acre
  • $179,900 per Acre

  4405 Skyline Loop, Victor, ID 83455

  Excellent flat, easy to build upon lot with minimum CCRs. What you see is what you get...the subdivision is about 90% built out. Up Fox Creek a few miles you'll have valley and mountain views.

  Glenn Vitucci Spitzer Realty, LLC

  4405 Skyline Loop, Victor, ID 83455

Showing Results 41 - 80, Page 2 of 4