Land is the largest variable outside the build itself, and it splits fairly clearly by town. Current ranges:
Area Typical lot price range (2026)
Victor $200,000 to $600,000+
Driggs $175,000 to $500,000+
Tetonia $120,000 to $350,000+
Those ranges are wide for a reason. Acreage, views, proximity to town, and whether services are already at the lot line all move the number.
And the sticker price is only part of the picture. A cheaper lot can cost more to build on. Before you make an offer, find out:
- Is the lot on municipal water and sewer, or will you need a well and septic system?
- Is power at the lot line, or does it need to be extended?
- What is the driveway situation, including winter access and snow storage?
- Are there CC&Rs, architectural review requirements, or HOA design standards?
- Has a septic site evaluation been done?
Two lots at the same price can differ by six figures once you account for site development. If your lot is not on city services, our guide to well and septic in Teton Valley breaks down what those systems actually cost and what can go wrong. We walk lots with clients before they close for exactly this reason.