Meridian, ID · Ada County · 55+ · Master Plan Section

The Village at Grace

Active adult section within a master-planned community in Meridian — Ada County, pool and fitness access through master plan, and Meridian’s strong retail and medical infrastructure.

~100Homes

~$170/moHOA / Month

$450K–$625KPrice Range

~0.76%Ada Co. Tax

Overview True Cost Boise Hub

Overview

The Village at Grace is a 55+ section within a larger Meridian master plan, giving residents access to master amenities alongside their own clubhouse. Meridian’s growth has built one of the strongest retail corridors in Idaho — Costco, Target, major grocery chains, and hundreds of restaurants are all within minutes.

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 — $525K The Village at Grace home

HOA fee~$170/mo

Ada Co. tax (after homestead, ~0.76%)~$245/mo

Homeowners insurance~$110–$155/mo

Utilities (Idaho Power)~$145–$195/mo

Total monthly carrying cost (excl. mortgage)~$670–$765/mo

The Village at Grace

Overview

True Monthly Cost

All-in monthly cost — $525K The Village at Grace home

Questions About The Village at Grace?