Water Views - Seller Financing
Address
6029 Hwy 89, Saint Charles, ID
Price
$ 7,900,000
Property Attributes
- MLS#2171757
- TypeLand
- Listing Status Active
- CountyBEAR LAKE
- CitySaint Charles
- AreaElko
- Zip83272
- Style
- Taxes$ 1789
- Price$ 7,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size142.5 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
One of the Last Great Development Opportunities Overlooking Bear Lake One of the last large remaining privately owned development properties overlooking Bear Lake is now being offered for sale. Opportunities of this scale, location, and development potential rarely come to market. Kentucky West Estates encompasses approximately 142.5 contiguous acres across seven parcels on the desirable northwest side of Bear Lake, approximately two miles south of St. Charles, Idaho. Situated on an elevated bench, the property commands sweeping panoramic views of Bear Lake's world-renowned turquoise waters and the surrounding mountain ranges, creating one of the most remarkable development settings in the Intermountain West. Unlike many remaining properties around Bear Lake that have already been subdivided or incorporated into existing developments, Kentucky West Estates remains one of the few large privately owned landholdings capable of supporting a thoughtfully designed master-planned community overlooking the lake. A Truly Unique Location Kentucky West Estates offers an extraordinary combination of natural assets that is increasingly difficult to find anywhere in the Mountain West. From the property, residents and visitors can experience panoramic views of Bear Lake while also enjoying direct access to the vast Uinta-Wasatch-Cache National Forest. This unique setting places two of the region's greatest recreational resources at the doorstep of a future community. Few remaining development properties offer the opportunity to move seamlessly from boating, paddleboarding, sailing, and fishing on Bear Lake to hiking, mountain biking, horseback riding, ATV and UTV adventures, hunting, wildlife viewing, camping, snowmobiling, and exploring more than one million acres of protected national forest-all from a single destination. This rare combination of lake, mountain, and forest access creates an experience that cannot easily be replicated. A Market Driven by Strong Demand Known as the "Caribbean of the Rockies," Bear Lake has become one of the Intermountain West's premier four-season recreational destinations, attracting more than one million visitors annually. The area's turquoise waters, outdoor recreation, and proximity to northern Utah continue to generate strong demand for vacation homes, resorts, and destination communities. The property is approximately 12 miles from Bear Lake County Airport and within a day's drive of Salt Lake City, Park City, Jackson Hole, Grand Teton National Park, Yellowstone National Park, and Sun Valley, making it highly accessible to residents and visitors throughout the western United States. Exceptional Development Potential Several years ago, Bear Lake County granted Kentucky West Estates a conditional-use permit contemplating a master-planned community of up to 496 residential units, subject to satisfying county requirements, including adequate water, sewer infrastructure, and secondary access. Prospective purchasers should independently verify the current status of all approvals, zoning, governmental requirements, utilities, and development standards through their own due diligence. The property's exceptional size, elevated topography, panoramic views, and unique recreational setting create an opportunity to develop far more than a traditional subdivision. A visionary mixed-use master-planned community could thoughtfully integrate residential neighborhoods, boutique commercial amenities, hospitality, gathering places, parks, walking trails, and recreational facilities into a destination that complements the character and beauty of Bear Lake while creating lasting value for generations to come. Flexible Acquisition Opportunities Recognizing the significance of this offering, the seller is willing to consider a variety of acquisition structures for qualified purchasers, including traditional acquisitions, phased purchases, seller financing, joint ventures, and strategic development partnerships. In addition, t
| Elementary School | Middle School | High School |
|---|---|---|
| Paris Elementary School | Bear Lake Middle School | Bear Lake High School |
| Price History | |
|---|---|
| 7/14/2026 | Listed $7,900,000 |
General Features
| Sewer | Sewer: Not Connected,Septic Tank |
|---|---|
| Utilities | Gas: Not Connected,Power: Not Connected,Sewer: Not Connected,Sewer: Septic Tank |
| Zoning | Agricultural |
| HOA Fee | 2500.0 |
| Topography | Terrain: Flat,Terrain: Grad Slope,Terrain: Hilly,Terrain: Mountain,Terrain: Steep Slope |
| Property Subtype | Agriculture |
| Current Use | Agricultural |
| Assoc Fee Paid Per | Annually |
| County | Bear Lake |
| New Construction | No |
| Property Type | Land |
| HOA | Yes |
| Attached Garage | No |
| Facing Direction | East |
| Garage Y/N | No |
| Status | Active |
| High School | Bear Lake |
| City | Saint Charles |
| Senior Community Y/N | No |
| High School District | BEAR LAKE COUNTY |
| Zoning Description | AG |
| MLS Area | ELKO |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6207300.0 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,Exchange,USDA Rural Development |
| Elementary School | Paris |
| Property Attached Y/N | No |
| Tax Annual Amount | 1789.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Bear Lake |
| Property Condition | Blt./Standing |
| Lease Considered Y/N | No |
| Virtual Tour | https://www.utahrealestate.com/report/display/report/photo/listno/2171757/type/3/pub/0 |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | BEAR LAKE COUNTY |
| Elementary School District | BEAR LAKE COUNTY |
| Virtual Tour | https://www.utahrealestate.com/report/display/report/photo/listno/2171757/type/3 |
| PostalCity | Saint Charles |
| ADU | No |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Heating Y/N | No |
| Fireplace Y/N | No |
Exterior Features
| Exterior Amenities | Out Buildings,Corral(s) |
|---|---|
| Lot Features | Additional Land Available,Fenced: Part,Terrain: Grad Slope,Terrain: Hilly,Terrain: Mountain,Terrain: Steep Slope,View: Lake,View: Mountain,Terrain: Flat,Horse Property |
| Lot Size Area | 142.5 |
| Spa | No |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 142.5 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| Horse Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 83272
Price
Taxes
Visits
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
