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515 S 1st Ave, 
Hailey, ID 83333

$870,000


2

Beds


Bath


1,032

Sq Ft


Single Family

Active

Listed by

Anna Mathieu

Michelle Siminich Sabina

Windermere Real Estate - Sv

208-622-2700

Last updated:

December 21, 2025, 04:46 AM

MLS#

25-333897

Source:

ID SBOR

About This Home

515 S 1st Ave

Old Hailey Character: Transitional Zoning. Ideal for professional offices, or a residence, or both. Oversized garage and space for an additional building ADU. Or, start new with a multi-family building. Basement could be converted to additional living or work space. Real Pine hardwood floors. Large quarter-acre. Lots of parking. Mature landscaping. Spacious buffer from neighbors. Alley access. Welcome to a charming 2-bedroom, 1-bathroom log home that embodies Old Hailey. This property showcases original real pine wood floors and features a metal roof that adds both durability and character. Home Features The large entryway welcomes you into an ample and cozy living space, an ample living room, and two rooms that could be for living or professional offices. The spacious kitchen offers stainless steel appliances, including a 5-burner gas oven/range (about four years new). The basement serves as a utility hub, housing the laundry area, a gas forced air furnace (approximately 10 years new), and plenty of storage for all your belongings. Stay comfortable year-round with an air conditioning system (about 10 years new). Additionally, a gas water heater and Ecobee smart thermostat ensure efficient energy management. Garage and Parking The oversized garage, measuring 816 square feet, is finished and insulated, featuring three windows that illuminate the space. Accessible through both a man door and two overhead doors, the garage is equipped with a gas forced air furnace, providing comfort in colder months. An expansive driveway and ample parking in front of the home cater to your vehicle needs and guests. Lot and Location Set on a generous quarter-acre lot, this property boasts mature trees and landscaping that provide a spacious buffer from neighbors, enhancing your privacy. Convenience is at hand with alley access, and walkable to everything in town. The transitional zoning offers flexibility for residential use or low-traffic business opportunities, such as professional offices, while maintaining the charm of a residential neighborhood. There's also room for an accessory dwelling unit, perfect for guests or additional rental income. Transitional Zoning uses include: - Accessory Dwelling Units (ADUs) - Cottage Developments or Dwelling Units - Mixed-Use Developments - Multi-Family Developments - Single-Family Dwellings - Tiny Homes on Wheels - Community Centers - Government Offices - Healthcare and Medical Services - Performing Arts Centers - Religious Institutions - Schools & Day Care Centers - Social Services - Food Preparation for off-site catering, dining, and retail trade - Health and Fitness Facilities - Lodging: Bed and Breakfast, Boarding and Rooming Houses - Offices, Retail, Personal Services - Residential Care Facilities - Garages This property represents a unique blend of classic character and practicality, all in a prime location with development potential. Don't miss your chance to own a piece of Old Hailey! Home - 2-bedrooms, 1-bathroom, entry, kitchen - Basement offers laundry, mechanical, lots of storage - Gas Forced Air furnace approx. 10 years new - Air Conditioning approx. 10 years new - Stainless appliances, including 5-burner gas oven/range approx. 4 years new - Washer / Dryer approx. 4 years new - Gas water heater - Extra insulation in interior walls for privacy - Ecobee smart thermostat Garage - Oversized 816 SF - Three windows, man door and 2 over head doors - Gas forced air furnace - Finished, Insulated - Metal roof - Plenty of parking in driveway and in front of home Lot - Quarter-acre parcel - Room for an Accessory Dwelling Unit - Beautiful lot with mature trees - Buffered from neighbors - Alley access - Across from Hailey Elementary - Transitional Zoning allowing for residential, and development that maintains a residential feel

Home Facts

Single Family

2 Bedrooms

Built in 1942

Price Summary

870,000

$843 per Sq. Ft.

MLS #:

25-333897

Last Updated:

December 21, 2025, 04:46 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Interior

Living Area:

1,032 Sq. Ft.


Structure

Structure

Architectural Style:

Log

Building Area:

1,032 Sq. Ft.

Year Built:

1942


Lot

Lot Size (Sq. Ft):

10,800


Finances & Disclosures

Finances

Price:

$870,000

Price per Sq. Ft:

$843 per Sq. Ft.

Source:ID SBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.