ActiveResidential · sale

420 LOTUS DR

Fish Haven, ID 83287

$2,043,000

  • 7 beds
  • 10 baths
  • 6,037 sq ft
  • 0.95 acres
  • Built 2025

Listed by Bear Lake Realty, Inc · MLS #2173864

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Expansive windows capture beautiful views of Bear Lake, while the impressive 1,506-square-foot covered deck provides exceptional outdoor living space.

Year built

Built in 2025.

Garage parking

4 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

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.

THE NEIGHBORHOOD

Explore the location.

420 LOTUS DR, Fish Haven, ID 83287

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2025
Full baths
2
Garage spaces
4
Cooling
Central Air,Natural Ventilation
Heating
Forced Air,Propane
Flooring
Carpet
Utilities
Electricity Connected,Sewer Connected,Water Connected
Pool
Yes
Pool features
Gunite,Fenced,Heated,In Ground,With Spa,Electronic Cover
Spa
Yes
Subdivision
RESERVE PH 6 LOT 150
Zoning
Single-Family, Short Term Rental Allowed
Parcel
RP0RBL60001500
HOA amenities
Barbecue,Clubhouse,Fire Pit,Gated,Fitness Center,Pets Permitted,Picnic Area,Playground,Pool,Snow Removal,Spa/Hot Tub,Tennis Court(s)
HOA fee frequency
Annually
Elementary school
Paris
Middle school
Bear Lake
High school
Bear Lake
Annual property tax
$775.00
HOA fee
$1,500.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$5,982.43
Estimated monthly rent$8,512.50
Cap rate3.76%

Annual operating income: $76,896.60

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services
Contact ERA about this property

Ask about this property.

420 LOTUS DR, Fish Haven, ID 83287 · MLS #2173864

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Fish Haven.

Listing information

MLS #2173864 · Utah Real Estate MLS

Listing brokerage: Bear Lake Realty, Inc
Listing agent: Gary C McKee

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. 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.