Amazing 2-acre building lot available in the beautiful, secluded Highfield Estates subdivision in the Lyman area of Madison County about 5 miles south of Rexburg. This listing is for Lot 1, Block 1 which is the end lot on the north side of the subdivision resulting in more privacy and less traffic! This is the absolute perfect location for your custom home! The subdivision is located just a short distance east of S 2000 W, (Archer Highway) and south of W 5000 S. This location is absolutely prime, only a few minutes from highway 20 for a quick and easy commute to Idaho Falls or Rigby. Fall River Electric, Intermountain Gas & Fiber Internet have already been stubbed to the corner of the lot. Property comes with 2 water shares from the Reid Canal which runs along the west side of this property! A small irrigation ditch comes off of Reid Canal and runs along the north side of this property. No HOA! Minimal CC&R's are very well thought out and incredibly reasonable in order to adequately protect your investment without imposing overly burdensome restrictions! This lot will not last long at this price!