Legacy homesite or agricultural opportunity. This incredibly rare acreage is located on the West side of the Teton Valley in the foothills of the Big Hole Mountain range. A dedicated building area of appx. 5 acres provides an opportunity for a <4,000 SqFt home and guest home. A conservation easement is in place with the purpose of preserving, protecting, enhancing and restoring the conservation values of Teton Valley which includes agricultural or livestock use, open space and scenic features. The sale includes strong water rights and irrigation equipment including pivot. The land boasts a Spring fed water channel and ultra-low carrying costs as a result of an agricultural tax exemption. Seller is farm operator and reserves the rights to the current crop.