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!
Property Type(s):
Commercial
|
Last Updated
|
1/21/2026
|
Tract
|
NONE
|
|
Year Built
|
1922
|
County
|
Bonneville
|
Price History
|
Prior to Sep 20, '25
|
$899,900 |
|
Sep 20, '25 - Jan 21, '26 |
$879,900 |
| Jan 21, '26 - Today |
$799,000 |
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 |
Location
Listed with Silvercreek Realty Group
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
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