Boise, ID · Ada County · 55+ · Downtown · High-Rise Condo

Imperial Plaza

The only downtown Boise high-rise 55+ condo building — walkable to restaurants, Boise River Greenbelt, and the arts/culture district. Lock-and-leave urban living at the top of the Boise market.

~130Homes
~$450/moHOA / Month
$400K–$700KPrice Range
~0.76%Ada Co. Tax

Overview

Imperial Plaza is genuinely unique in the Boise 55+ market — the only downtown high-rise condo building targeting active adults. The HOA at ~$450/month covers exterior maintenance, utilities, amenities, and the full condo operating cost, which explains the apparent premium over detached community HOAs. For buyers who want walkability, urban access, and zero exterior maintenance, there is no alternative in Boise.

The Boise River Greenbelt is accessible on foot. The JUMP (Jack’s Urban Meeting Place) arts campus, Boise Co-op, and dozens of independent restaurants are all within walking distance. For buyers coming from urban areas who don’t want to give up walkability, this is the only Boise 55+ option.

Idaho Homestead Exemption — Apply After ClosingIdaho’s homestead exemption reduces taxable value by 50%, capped at $125,000. On a $500K home in Ada County, this saves ~$850–$950/year. File with the Ada County Assessor — renews automatically.
Idaho $95,870 Retirement DeductionMarried filers 65+ can deduct up to $95,870 in qualified retirement income. Social Security is fully exempt. Most retired couples pay zero Idaho income tax.

True Monthly Cost

All-in monthly cost — $500K Imperial Plaza home

HOA fee~$450/mo
Ada Co. tax (after homestead, ~0.76%)~$234/mo
Homeowners insurance~$110–$155/mo
Utilities (Idaho Power)~$145–$195/mo
Total monthly carrying cost (excl. mortgage)~$939–$1034/mo

Questions About Imperial Plaza?

We can run your Ada County homestead exemption and Idaho income deduction analysis.

Talk to a Specialist