Top 5 Parks in Idaho Falls — And the Nearby Neighborhoods Worth Investing In

Idaho Falls isn't just a hub for outdoor recreation—it's also one of the most attractive cities in Southeast Idaho for real estate investment. Whether you're relocating, buying your first home, or looking for a solid return, neighborhoods near some of Idaho Falls’ best parks offer the perfect mix of lifestyle and long-term value. Let’s explore the top parks and the surrounding areas that deserve a spot on your radar.

1. Tautphaus Park

Why it’s great:

Spanning over 84 acres, Tautphaus Park is a local favorite with a zoo, picnic shelters, an ice arena, and a water park. It's a hub for families and community events year-round.

Nearby Neighborhood: Numbered Streets / Rose Hill

This historic district features charming craftsman and mid-century homes. With walkable access to schools, downtown, and Tautphaus Park, this neighborhood offers strong appreciation potential for buyers who want both character and convenience.

2. Freeman Park

Why it’s great:

Located along the Snake River, Freeman Park is perfect for biking, running, disc golf, or just soaking in the scenic views. It’s also next to the Idaho Falls Greenbelt and River Walk trail system.

Nearby Neighborhood: Highland Park

Highland Park blends affordability with growth. Newer developments and well-maintained single-family homes make it ideal for first-time buyers or investors looking for low-maintenance properties with high rental appeal.

3. Community Park

Why it’s great:

Community Park offers a spacious layout for baseball, soccer, walking trails, and open green space. It’s a peaceful alternative to busier parks.

Nearby Neighborhood: Shamrock Park / Lincoln

This up-and-coming area is seeing a wave of residential development. It’s an excellent option for buyers seeking affordable homes with future appreciation as infrastructure improves and new amenities arrive.

4. Heritage Park

Why it’s great:

Heritage Park is one of the newest park developments in Idaho Falls, designed to provide public river access, native vegetation, open green space, and walking trails. It’s part of a long-term vision to connect the Greenbelt with broader conservation and community goals.

Nearby Neighborhood: South Downtown / Snake River Landing

This emerging urban neighborhood blends commercial development, apartments, and custom homes. Snake River Landing is a master-planned community that appeals to professionals and families looking for walkability, waterfront access, and modern living. With Heritage Park right next door, this area offers exceptional live-work-play potential.

5. McCowin Park (Ammon)

Why it’s great:

Technically located in nearby Ammon, McCowin Park is a well-loved destination with water features, sports courts, and a popular outdoor pool. It’s one of the best-kept recreational gems in the region.

Nearby Neighborhood: Hillview / Woodland Hills (Ammon)

These suburban-style neighborhoods are family-friendly with newer homes, cul-de-sacs, and top-rated schools nearby. This area appeals to buyers looking for newer construction and ample outdoor access.

Why Proximity to Parks Adds Real Estate Value

Homes near parks often sell faster and appreciate more over time due to the added quality-of-life benefits. Whether it’s walkability, family amenities, or rental desirability, proximity to green space can make a measurable difference in property value. For investors, this means stronger returns and shorter vacancy periods.

Ready to Buy Near One of These Parks?

Before you make your next move, ensure peace of mind with a professional home inspection. At Vantage Point Inspections, we serve buyers throughout Idaho Falls and Southeast Idaho, providing thorough reports and fast turnaround times.

Schedule Your Inspection Today!