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State-Owned Lots Near Payette Lake Set for August Auction 

click to enlarge JESSICA MURRI
  • Jessica Murri


In mid-August, several lots near Payette Lake will be up for auction.

The McCall Star-News reports 30 state-owned lots—25 currently leased, five unleased—will be auctioned Friday, Aug. 19 in Boise. This is the fifth such auction in the last three years and during that time, the sale of 85 lots has raised $32 million for the State of Idaho Endowment Fund Investment Board, which benefits educational institutions, hospitals and more. 

Lot prices range from $55,000 for the lot at 2248 Warren Wagon Road to $1.8 million for the lot at 2210 Payette Drive.

People with leases on the lots could be outbid, but the winning bidder will also have to pay for any improvements that have been made to the lot, including homes and outbuildings. 
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