Hailey, Idaho Repeals Affordable Housing LawsOctober 16, 2010
The Sun Valley, Idaho Rental MarketOctober 20, 2010
Here is a very cute craftsman bungalow that was recently built along River Street in Hailey, Idaho. The layout of the main home includes a three bedroom plus a den and three full baths. Additionally above the detached two car garage is an Accessory Dwelling Unit, or ADU, which features a full 1 bedroom/1 bath apartment with full kitchen and fireplace. The home was built with slab limestone and travertine countertops throughout. Hardwood floors and tile throughout, too. The home is fixturized with top end finishes and a full Kitchen Aid appliance package. Plus, you can enjoy a private paver backyard for summer time fun.
The ADU is a very desireable feature that is really only available in the downtown core as part of the original Old Hailey Townsite. Get creative with ADU’s since they can be used for great things like home offices, in-law units as well as rental income units that can be rented for income to offset mortgage costs.
River Street in Hailey offers an intersting mix of new and existing construction. Along the southern end of River Street there have been a number of new single and multi family properties built over the last few years which have really set the stage for an exciting future developement of the corridor. As the market recovers, I anticipate nice new development on vacant existing parcels as well as renovation and upgrades to existing construction.
The north end of River Street transitions to mixed use residential office and retail uses and is currently under reivew by the City of Hailey for redevelopment and upgrading including pedestrian sidewalks and street lights. So, things are looking up for River Street. Watch it’s progress.
Don’t miss this home if you are considering buying real estate in the Old Hailey Townsite. This can be a great opportunity to find a rarely available charming and high end new construction with a central Old Hailey location. ADU’s and in town location is a combination that is so desirable but so hard to find. This property has potential to be sold furnished as a turnkey primary or second home residence,too. Give me a call to check it out!