Welcome to Preston–Whitney, Idaho! Strategically located in Franklin County between Preston and Whitney, this rare acreage offering this parcel, including a prime 3.5-acre parcel positioned as an ideal development opportunity. This flexible layout presents a powerful opportunity for developers, investors, or builders seeking scalable options in a high-demand rural market. The property is exceptionally well equipped with Whitney Water shares, three deep wells, and pressurized irrigation, providing critical infrastructure for residential subdivision, agricultural use, or a mixed-use concept. Utilities are already in place, including natural gas to the shop, significantly streamlining future development costs and timelines. Additional improvements include barns, outbuildings, a round pen, and full ranch functionality, making the property ideal for interim use as a working ranch or equestrian operation while development plans are finalized. The 3.5-acre parcel offers immediate standalone potential or can be combined with the remaining acreage for a larger, cohesive project. Whether you're looking to subdivide, build spec home(s) expand agricultural operations, or invest in high-potential Idaho land with water and utilities already in place, this is a rare, & turn-key.