Level acreage in the heart of Mid-Valley is increasingly difficult to find. This 1.37-acre parcel sits between Hailey and Ketchum with mature trees, mountain surroundings, and real separation from neighbors, within a recognized wildlife migration corridor with no HOA or CCRs. What sets it apart is optionality. A buyer weighing a bare parcel at this price faces years of construction before there is a place to stay. Here the land comes with a home ready to enjoy from day one, while the parcel holds its own long-term possibilities. Verify any future improvements or expansion with Blaine County. The farmhouse carries the original character of the Wood River Valley, refreshed with updated bathrooms and kitchen, new carpet, and paint. A wood stove with stone surround anchors the living room, arched doorways carry through the main level, and hardwood floors run underfoot. The kitchen pairs stainless appliances with concrete countertops and wood cabinetry. Three main-level bedrooms share an updated hall bath, and the walkout lower level holds the primary suite, a second living area with built-ins, laundry, and storage. The back deck takes summer evenings while the hot tub & fire pit take cooler nights. Coffee in Hailey is a short bike ride, dinner in Ketchum an easy drive after a few runs on Baldy. At this price, the closest comparison is not another house. It's the land it sits on.