REQUEST A TOUR
In-PersonVirtual Tour
$ 1,500,000
Est. payment | /mo
1.38 Acres Lot
$ 1,500,000
Est. payment | /mo
1.38 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Applewood
MLS Listing ID 3767179
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $4,240
Tax Year 2023
Lot Size 1.380 Acres
Acres 1.38
Property Description
Discover the potential of this prime 60,200 sq. ft. lot (1.382 acres) zoned R-2, ideal for residential development. Whether you're envisioning multiple duplexes or several single-family homes, this lot offers the flexibility to create a community similar to the established neighborhood to the south, which features eight single-family homes surrounding a cul-de-sac. Preliminary feedback suggests that four duplexes or eight single-family homes could be built here, but buyers are advised to conduct their due diligence to explore all possibilities. Currently, the property includes a 1,485 sq. ft. home and a substantial garage with living quarters above it, but the true value lies in the land itself. This is also an incredible opportunity to build your dream home on a remarkable piece of land. The seller prefers a rent-back arrangement, which could be beneficial for the buyer, providing time to finalize development plans. Don't miss out on this rare opportunity with endless possibilities that only comes around occasionally!
Location
State CO
County Jefferson
Zoning R-2
Interior
Fireplace N
Exterior
View Mountain(s)
Garage No
Building
Sewer Public Sewer
Water Public, Well
Schools
School District Jefferson County R-1
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by RE/MAX of Cherry Creek • leo@rowenrealty.com,303-521-0360