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Hasting's Farm
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Sold: Hasting’s Farm

Driggs, Idaho Teton Valley

160 Acres$1,600,000

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Property Details

Hasting’s Farm consists of 160 acres of irrigated farmland located just 3 miles north east of Driggs, ID and 9 miles to the west of Grand Targhee Ski and Summer Resort.  The parcel is flat with year-round access via county road 2500N.  Surrounded by phenomenal views, the farm is perfectly positioned in the “view corridor” with vistas of the Teton Range and Grand Targhee to the east, the Big Hole Range to the west and the Palisades Mountain Range to the south.   The property benefits from excellent water rights out of the Grand Teton Pipeline Association, water is currently used to irrigate the grain crop, however it could also be used for ponds and water features as part of a master planned community.  There is new Valley Pivot which efficiently irrigates the cropland,  the pivot was installed in 2016 and is included in the sale.  The farming is presently leased out to an area producer providing the incoming owner with an immediate income stream.  Although the historical use here is farming, based on it’s location within the City of Driggs Area of Impact and just north of the Driggs- Reed Memorial Airport,  the highest and best use long term is likely residential development or potentially an equestrian estate or a gentleman’s farm.  The current asking price reflects a 70% price reduction off the selling price in 2006. This 160-acre farm provides the ideal platform for the savvy land investor looking to take advantage of favorable pricing in the town that Men’s Journal called “The Best Small town in America.”  

Get To Know Teton Valley Ranches for sale in Driggs, Victor and Tetonia, Idaho

Located on the quiet western side of the famous Teton Mountain Range, Teton Valley, Idaho consists of three main towns, Driggs, Tetonia and Victor. Driggs is the largest and the Teton County seat. Teton Valley provides all the services and amenities one needs such as restaurants, grocery stores, shopping, and multiple golf resorts. There is private air service at Driggs Reed Memorial, and its 7,300 foot runway is equipped for plans and jets of all sizes. Teton Valley is also home to Grand Targhee Ski and Summer Resort, consistently ranked among the top ski resorts in the country and host to a number of summer music festivals.

Teton Valley boasts an array of recreational diversity that is sure to satisfy outdoorsmen of all kinds. There is public fishing on the Teton River and nearby streams and creeks. The resort community of Jackson Hole, WY is 45 minutes away offering an array of year round recreational and cultural amenities, Jackson Hole Mountain Resort and commercial air service.

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