About This Home

This land at 5150 W Cherry Ln in Meridian, ID is listed for $1,695,000 (4.90 acres).

Key Features

  • 4.90 acre lot
Listing Description

Calling all builders and land bankers! Here is a great piece of flat land, right in the path of development! It is now county land, but adjacent to Meridian and eligible to be annexed to the city. In Meridian's future land use plan, it is zoned medium density residential.

The home on the property is currently leased with monthly rent of $ 2425/month. The tenants would like to stay. Please do not enter property or disturb tenants. Drive by only. Access to property and home with accepted offer. The home is 2780 square feet, with 5 bedrooms and 3 baths, according to public records. It was originally built in 1895 (!), but had a lot of work done to it in 1999, and was updated again in 2020, with new paint, new carpets, and updates to the kitchen and one bath.

Location

5150 W Cherry Ln

Meridian, ID 83642

0 Not Applic.

Questions & Answers

This 0-bedroom, 0-bathroom land at 5150 W Cherry Ln is listed at $1,695,000. The estimated monthly payment is $9,065 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 4.90 acre lot.

This property is listed by Len Levitt.

LL

Len Levitt

License SP45894

Agent at Boise Premier Real Estate

Listed by Boise Premier Real Estate · Broker phone: (208) 412-1710 · View on Broker Site · Broker website

MLS# 98994078· Source: Intermountain Multiple Listing Service· 106 days on PropertySimple

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5150 W Cherry Ln, Meridian, ID 83642

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