This exceptional 1.03-acre estate combines timeless architecture, remarkable privacy, and effortless access to the very best of the Wood River Valley. Framed by sweeping mountain views and surrounded by mature landscaping, the property includes two beautifully crafted residences, each with its own distinct character and attention to detail. The main residence showcases classic Southwestern architecture with warm, authentic finishes and an inspired connection to the outdoors. Thoughtfully designed for flexibility, it lives comfortably as a gracious two-bedroom home while also offering two distinct living suites each with its own bedroom, full bath, living area, and kitchen--creating ideal accommodations for extended family, guests, a caretaker, or those seeking a private work-from-home retreat. Outdoor living is woven seamlessly into the home. Two elevated terraces--one adjoining the primary suite and another off the main living area--capture panoramic mountain vistas and feature heated snowmelt pavers for year-round enjoyment. At ground level, expansive north-facing patios invite gatherings against a spectacular mountain backdrop, while a separate south-facing terrace offers a secluded, tranquil escape. Complementing the main home is a beautifully appointed single-level guest cottage clad in reclaimed wood siding, offering its own inviting sense of place. Complete with a bedroom, full bath, kitchen, living room, and private deck and covered parking. Providing a fully independent residence for family, friends, or long-term guests. Perfectly positioned just north of Ketchum, the property offers the rare combination of peaceful seclusion and immediate access to recreation. The Chocolate Gulch Trailhead is just down the street, the Harriman Trail is only a minute away, and downtown Ketchum, Sun Valley Resort, world-class skiing, dining, and cultural amenities are all within easy reach. Chocolate Gulch has evolved into one of the valley's most desirable luxury enclaves while retaining its extraordinary sense of serenity and connection to the surrounding mountains Also visit www. 202chocolategulchroad.com for more information
This beautifully and totally dialed in remodeled home on over an acre has breathtaking views in every direction. The main house has 2 bedrooms and 2.5 baths, 2 living areas and multiple outdoor spaces to maximize the views. The new detached studio has 1 bedroom and 1 bath, kitchenette, and private deck. You'll find exceptional detail everywhere you look.
SVBOR #15-317481
May 23, 2016
Sold
—
May 12, 2015
Listed
$1,350,000
$397/sq ft
+14
Enjoy miles of unspoiled Idaho in every direction with acres of recreation at your doorstep and 180 degree mountain vistas. This beautifully remodeled home on 1 acre has been finished with authentic high-end appointments with attention to every detail. Enjoy north and south facing decks, screened RV hook up, and plenty of toy storage. Bring your horses and enjoy truly inspired mountain Living.
SVBOR #04-207639
Sep 16, 2005
Sold
—
Jun 24, 2004
Listed
$1,495,000
$440/sq ft
SVBOR #01-201486
Jul 20, 2001
Sold
—
Feb 25, 2001
Listed
$975,000
$287/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,343 (+21.3%)
$1,311,276 + $2,493,041
$3,804,317
2024
$6,876 (−5.9%)
$655,638 + $2,127,549
$2,783,187
2023
$7,309 (−6.9%)
$655,638 + $2,127,549
$2,783,187
2022
$7,853 (+5.7%)
$624,417 + $2,127,549
$2,751,966
2021
$7,428 (+24.5%)
$480,321 + $1,654,441
$2,134,762
2020
$5,964 (−8.6%)
$480,321 + $945,791
$1,426,112
2019
$6,523 (+32.8%)
$480,321 + $863,246
$1,343,567
2018
$4,913 (−4.0%)
$480,321 + $509,484
$989,805
2017
$5,115 (−10.9%)
$480,321 + $509,484
$989,805
2016
$5,742 (−10.0%)
$480,321 + $509,484
$989,805
2014
$6,383
$457,449 + $534,461
$991,910
Public record
Beds
2
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
1.03 Acres
Year renovated
—
Finished Sq. Ft.
2,612
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,612
Year built
1988
Style
Single Family Residential
County
Blaine County
APN
RP006150010040
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 25, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
1/10 Heat Factor
9 days above 85° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
14 unhealthy days expected this year, 17 days in 30 years
Provided by First Street
Historical weather
Ketchum, ID • 83340
Average low and high temperatures (°F)
29
16
31
18
41
26
46
27
60
35
66
41
76
52
73
51
66
44
51
33
37
23
33
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
73/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 202 Chocolate Gulch Rd
$5,704,781
$245K under list price of $5.95M
Nearby comparable homes
The Redfin Estimate uses 3 recent nearby sales, priced between $575K to $2.7M.