By Kjel Jones, Licensed Real Estate Agent (Idaho) · LPT Realty

Published 2026-09-05

Stonebridge subdivision in Rexburg, Idaho

Four divisions, recorded out of order — the real Stonebridge story

The recorded sequence first. BC Stonebridge, LLC — a Utah company — platted Division No. 1 on March 19, 2002 (instrument 294676; 10.45 acres, 28 lots), Division 3 on August 10, 2006 (330235), and Division 4 on June 21, 2007 (338137). The ground reserved as Division No. 2 then sat unplatted for a decade: Division No. 2 was recorded July 20, 2017 (411021) by a different company — Higley Developments, LLC — 11.09 acres and roughly 39 lots of 0.22–0.47 acres running down to the Teton River pedestrian corridor, with one lot deeded to the City of Rexburg for a sewer lift station (all from the recorded plat sheets, read September 2026).

Read the covenants before you write the offer, not after. They are usually short, they are always binding, and they decide things people assume they get to choose.

— Kjel Jones, Licensed Real Estate Agent (Idaho), LPT Realty, 2026

Division 2 is also where the paper trail is newest: a development agreement with the City of Rexburg recorded November 2024 (instrument 465228), covenants recorded July 2, 2026, and lot deeds recording since late 2025. The county assessor already shows one Division 2 home with a 2026 year-built. In plain terms: the "missing division" is Stonebridge's active construction zone, inside a neighborhood whose oldest homes are turning twenty-three.

Homes, lots, and what the county records show

• 108 parcels across the four divisions — improved homes, buildable lots (mostly Division 2), and a few exempt parcels (county parcel records, September 2026).
• 78 homes in assessor detail, built 2003–2026 — the big years were 2004–2008, a second wave landed around 2013–2018, and Division 2 construction is adding new year-builts now (Madison County assessor detail records, September 2026).
• Above-grade living space runs 1,384–2,736 sq ft with 3–6 bedrooms, and 72 of 78 homes have basements — this is basement-standard Rexburg stock, so listed square footage often understates finished space (same records).
• Lots run 0.18–0.54 acres; typical frontage lots in Division 1 platted at roughly 9,500–14,000 sq ft (plat sheet + parcel records).
• Assessed values ran from about $16,000 (vacant lots) to $503,000 in the September 2026 county pull. Assessed value is a taxation number — context, never a comp.
• Zoning is LDR2 (City of Rexburg low-density residential) on every parcel in all four divisions.

Covenants: four regimes, no HOA in any of them

Stonebridge is the rare subdivision where the honest covenant answer takes four rows, because each division got its own recorded rules — and none of them creates a homeowners association or any dues. All four regimes were read from the recorded documents for this page:

• Division 1 (2002): the developer signed a base Declaration of Covenants dated May 1, 2002, and recorded it against individual lots as they sold — at least ten such recordings in 2002–2003 (e.g. instrument 302164, read in full). The rules: single-family homes only, no basement apartments, at most two stories, a garage for at least two cars, minimum 1,400 sq ft above ground for a single-story home (1,800 two-story / 1,600 multi-level), stick-built only — no mobile, manufactured, or modular homes — and a front exterior entirely of stone, stucco, or brick. Because these were recorded lot-by-lot, which recording binds a specific Division 1 lot is a title question — exactly what a title company answers at purchase.
• Division 3 (2006): its own declaration (330234, recorded the same day as the Division 3 plat, read in full) raised the minimums to 1,500/1,800/1,700 sq ft, limited RV parking to designated driveways for at most three consecutive days and 20 days a year, and gave the developer a 24-month build-or-buyback right on unbuilt lots — historical color now that Division 3 is built out.
• Division 4 (2007, governing text 2015): the original 2007 declaration (338136) was amended in 2008 (343719 — which briefly allowed committee-approved townhomes with party-wall rules) and then amended and restated in full on November 30, 2015 (399099, the governing text, read in full): one detached single-family dwelling per lot — the townhome provisions are gone — same 1,500/1,800/1,700 minimums, no basement apartments, completion within 15 months of starting construction, and the same three-member Architectural Control Committee. If that committee ever ceases to function, plan approval passes to the City of Rexburg building inspector by the covenant's own terms.
• Division 2 (2026): Higley Developments recorded the division's CC&Rs on July 2, 2026 (474907, read in full) — modern rules for the build-out: 1,400 sq ft single-level minimum (1,050 + 750 multi-level), at least 20% masonry on the front, architectural shingles on a 6/12+ pitch, attached two-car garage with doors no taller than ten feet, vinyl-only fencing (chain link and wood are expressly out), clustered mailboxes, rear-mounted satellite dishes, landscaping within 180 days of occupancy, owner-maintained sidewalks and parking strips, mandatory city water and sewer (no wells, no septic), and screened storage rules for boats, RVs, and trucks over 11,500 GVWR. Term: 30 years, extending automatically; amendment takes 75% of owners plus the developer's consent while it still owns lots; any owner may enforce.

Two honest caveats ride with all of that. First, no recorded text here creates an association — but covenants can be amended and new instruments recorded any day, so the current record (and which recordings bind a specific lot) is a title-company question at purchase. Second, leasing: no Stonebridge declaration bans renting out a whole home, but Divisions 1, 3, and 4 expressly prohibit basement apartments — a real constraint if your plan involves a second unit.

Flood, utilities, and broadband

• Flood: no FEMA flood polygon intersects any of the four recorded plat boundaries in the county GIS flood layer (geometry query, September 2026). The Division 2 plat sheet notes Zone X and Zone AE on the 1991 panel — the AE corridor is the Teton River just south of that division — so the standard per-property flood determination matters most on the river side.
• Water and sewer: both read plat sheets certify City of Rexburg municipal water for the lots, and the Division 2 covenants require connection to city water and sewer, expressly barring private wells and septic systems. One more recorded detail worth knowing: the Division 1 plat transferred all future irrigation water rights away from the property, and the Division 2 plat states its lots receive no water right — city service is the plan, not irrigation shares.
• Broadband: per provider-filed FCC National Broadband Map data (December 2025 filings, pulled September 2026), every sampled Stonebridge address shows Silver Star fiber up to 1,000/200 Mbps and Sparklight cable up to 1,000/50 Mbps, plus fixed-wireless options (Fybercom 300/300, Verizon, T-Mobile, Anthem, Rise) and satellite. These are the speeds providers filed with the FCC — not measurements — so confirm current plans at the address.

What Stonebridge costs: the honest version

Idaho is a non-disclosure state — sale prices are not public record. Any site quoting a precise "Stonebridge median sold price" is estimating without saying so. What can be said honestly: the assessed-value range above, plus sourced context for the market this subdivision trades in:

• $434,801 — Zillow's modeled typical home value for the city of Rexburg (ZHVI — an estimate, not a sale record; up 5.0% from a year earlier) (Zillow Research ZHVI, July 2026)
• $633,950 — median listing price, Rexburg metro area (Madison + Fremont counties), up from $599,500 a year earlier (Realtor.com via FRED, August 2026)
• $267 — median listing price per square foot, Rexburg metro area (up from $264 a year earlier) (Realtor.com via FRED, August 2026)
• 86 days — median days on market, Rexburg metro area — up from 44 days in April 2026 and 65 days in August 2025, a market steadily slowing (Realtor.com via FRED, August 2026)

Note the geography honestly: the ZHVI figure models the whole city of Rexburg and the metro series blends Madison and Fremont counties — neither isolates Stonebridge, and a subdivision with 2026 construction on one edge and 2003 homes on the other spans a wide band. Subdivision-level sale data will be added here from MLS records once access and publication permissions are in place. One buyer-relevant read the documents do support: new construction in Division 2 and resales in Divisions 1/3/4 answer to different recorded rulebooks — worth knowing before comparing a new build against a resale as if they were the same product.

Common questions about Stonebridge

Thinking about buying or selling in Stonebridge or northwest Rexburg? How buying works here · how pricing from comparables works · the Summerwood guide (also northwest Rexburg) · ask directly →