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This one-of-a-kind property is a former schoolhouse reimagined as a unique residence"”yet still retains its incredible 2,400 sq ft gymnasium, complete with a built-in trampoline, foam pit, and a whimsical two-story playhouse. Ideal for families, entertainers, or entrepreneurs, the gym is also perfect for events, parties, or rental use by tumbling or dance instructors. The building includes a former classroom with its own bathroom, ideal for a preschool, homeschool setup, or creative studio space. Once home to Coltman Academy Preschool, this property is ready for continued educational use or further residential development. The main living area offers 5 bedrooms and 4 bathrooms, perfect for a large family, co-living arrangement, or Airbnb. A separate 1-bedroom apartment in the basement generates $1,200/month in rental income, ideal for passive income or on-site staff. The massive 7,000 sq ft attic boasts soaring 16-ft ceilings and is ready to be finished into additional living space or even a venue. With the neighboring lot recently rezoned commercial, this property offers exciting potential for future development. Rare, flexible, and full of opportunity"”this is more than a home; it's a lifestyle and an investment in one!
| DAYS ON MARKET | 83 | LAST UPDATED | 9/20/2025 |
|---|---|---|---|
| TRACT | NONE | YEAR BUILT | 1922 |
| COUNTY | Bonneville | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Sep 20, '25 | $899,900 |
|---|---|
| Sep 20, '25 - Today | $879,900 |
| ADDITIONAL DETAILS | |
| BASEMENT | Partial, Partially Finished, Yes |
|---|---|
| CONSTRUCTION | Brick, Frame |
| HEAT | Propane, Radiant |
| LOT | 2.144 acre(s) |
| PARKING | Off Street |
| SEWER | Septic Tank |
| STORIES | 2 |
| SUBDIVISION | NONE |
| TAXES | 3586 |
| WATER | Well, Private |
| ZONING | BONNEVILLE-RA4-RESID/AGRICUL |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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