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420 LOTUS DR, Fish Haven, ID — photo 11 / 34
Single Family

$2,043,000

420 LOTUS DR, Fish Haven, ID 83287

Type

SFR

List Price

$2.04M

Price/Sqft

$338

Est Gross Yield

3.0%

$61,284/yr est.

Property Details

Property typeSingle Family
Year built2025
Total units1
Living area6,037 sqft
Bedrooms7
Bathrooms10
Lot size0.95 acres
Parking14 spaces
Days on market89
Listed2026-07-23T00:00:00+00:00

Description

Exceptional new home under construction in the prestigious gated community of The Reserve at Bear Lake, offering luxury living, incredible views, and outstanding rental potential. This thoughtfully designed home features 4,809 square feet of finished living space on the main and lower levels, plus an additional 1,228-square-foot unfinished bonus area above the garage. The bonus space is designed for two large bunk rooms, three bathrooms, and a laundry room, with the option to have it finished for an additional cost. The main level showcases an open-concept great room, dining area, and gourmet kitchen, ideal for entertaining. The kitchen is equipped with two refrigerators, a six-burner range, dishwasher, and a spacious walk-in pantry with its own sink. The luxurious main-floor primary suite includes a soaking tub, separate walk-in shower, and private bath. Also on the main level are a guest bathroom, mudroom with laundry, and a tankless water heater. Expansive windows capture beautiful views of Bear Lake, while the impressive 1,506-square-foot covered deck provides exceptional outdoor living space. The lower level is designed for entertaining and hosting guests with a large game room, two bedrooms, both en-suite, and an oversized bunk room with its own en-suite bathroom featuring two showers. A second laundry room, massive cold storage area, and a 654-square-foot covered patio add convenience and functionality. The oversized 1,348-square-foot 4-car garage and extensive paved parking provide ample space for vehicles, boats, and recreational toys. Located in one of Bear Lake's premier resort communities, The Reserve offers paved roads and exceptional amenities, including a beautiful clubhouse with a fitness room, two heated seasonal pools, a year-round hot tub, sports court, poolside pavilion, playground, and private gated beach access to Bear Lake. Residents also enjoy direct access to Fish Haven Canyon for ATV/UTV riding, snowmobiling, snowshoeing, hiking, and mountain biking. Bear Lake State Park Marina is just 10 minutes away, Beaver Mountain Ski Resort is only 25 minutes away, and short-term rentals are allowed, making this an outstanding opportunity for a luxury mountain retreat or investment property.

Listed by Gary C McKee · Bear Lake Realty, Inc

Location

420 LOTUS DR, Fish Haven, ID 83287

Proforma

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Cap Rate

1.99%

Cash-on-Cash

-7.15%

Cash Flow

-$4,566/mo

Purchase Price$2,043,000
Down Payment35% ($715,050)
Interest Rate6.00%
Monthly Rent$5,107/mo
Vacancy5%
Expense Ratio30% ($17,466)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/20/2026, 7:17:54 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.