Mike Martinez - Coldwell Banker Distinctive Properties Logo
$1,695,000
 $9,099 est/mo Sourced by Back At You

5150 W Cherry Ln,Meridian, ID 83642

Meridian, ID 83642

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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.

Details

MLS #98994078
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site39
Listing Provided ByMajestic Idaho Real Estate | Len Levitt

Features

ZoningRUT
Acreage4.90

Exterior

Lot Features1 Acre - 4.99 Acres, Irrigation

Utilities

UtilitiesNatural Gas Not Available
ElectricInstalled

Taxes

Tax Year2025
Tax Annual Amount2178
Tax Legal DescriptionPAR #8700 OF SW4SE4 SEC 4 3N 1W

Area Information

StateID
CountyAda
CityMeridian
Zip Code83642
AreaAda
School DistrictWest Ada School District
Elementary SchoolWest Ada School District
High SchoolWest Ada School District
Listing VS Median (in 83642)
Price:
$1,695,000
low | high
Med:
$609,990
100% of Average
On site:
39
low | high
Med:
132
29.545454545455% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

Mike Martinez

Mike Martinez

Coldwell Banker Distinctive Prop

RRE-RBS-LIC-127910 (510) 813-0217mikemthomes@gmail.com
StateID
CountyAda
CityMeridian
Zip Code83642
AreaAda
School DistrictWest Ada School District
Elementary SchoolWest Ada School District
High SchoolWest Ada School District
Listing VS Median (in 83642)
Price:
$1,695,000
low | high
Med:
$609,990
100% of Average
On site:
39
low | high
Med:
132
29.545454545455% of Average
Sourced by Back At You
Listing Updated: August 18, 2026 at 11:31:34 AM PDT

Mike Martinez - Coldwell Banker Distinctive Properties