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Residential Land for Sale in Boise, Idaho

5106 W Fairview Ave, Boise, ID 83706

$4,300,000
2 acres
Active sale
$700k drop
Est $30,484/mo

Fairview Village represents a two-phase multifamily development, approved by Boise's Design Review Commission following rigorous public review. A fully entitled, 205-unit multifamily opportunity on the Boise Bench that's ready for the developer who moves with conviction. The current Podium build, designed for maximum capital efficiency, with a unit mix built to capture Boise's most active rental demand segment: workforce and moderate-income households. Utilize flexible execution paths like layered public financing (LIHTC, HUD 221(d)(4), tax-exempt bonds) or a pivot to market-rate garden-style delivery with a strategic capital stack. Boise's fundamentals do the talking: 3.2% rent growth, sub-5.4% vacancy, and a supply pipeline that has materially contracted. The entitlements are done. The only question is who's ready to build. This is the deal for a developer who knows that the best time to move in Boise was five years ago, and the second best time is now.

Location

Street address
5106 W Fairview Ave
Zip code
83706
Community
Cruzen MTN View
School district
Boise School District #1
Elevation
2,724 feet
Coordinates
43.6199, -116.2453

Directions

From Orchard and Fairview, West on Fairview to the North side block starting at 5106 Fairview and extending through the NW corner at 5123 Bond.

Property details

Acreage
1.938 acres84,419 sq ft
Zoning
MX-3
MLS #
IMLS 98984149
Posted

Property taxes

2025
$17,958

Parcels

  • R1625500780
  • R1625500850
  • R1625500897
  • R1625500899

Legal description

Details and features

Listing

Type
Land

Lot

Features
1 Acre-4.99 Acres, Level

Nearby schools

NameTypeDistrict
KoelschElementaryBoise School District #1
FairmontMiddleBoise School District #1
CapitalHighBoise School District #1

Listing history

DateEventPriceChangeSource
May 27, 2026Price drop$4,300,000$700,000 -14%IMLS
Apr 30, 2026New listing$5,000,000IMLS
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This 1.938-acre property is located at 5106 W Fairview Ave in Boise, ID 83706. The land is available for sale, priced at $4,300,000 — $2,218,782 per acre.

Listed by Silvercreek Realty Group, (208) 377-0422

Checked 1 hour agoUpdated Source

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