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4953 W 1st St
Loveland, CO 80537 Loveland

$440,000 USD

Land For Sale  •  2.26 AC

Property Details

  • Property Type Land
  • Lot Size 2.26 AC
  • Zoning PUD
10 Walk Score

Description 

Excellent development opportunity with Approximately 1,165 feet of frontage on Buckingham Lake. Unobstructed views of Mariana Butte Natural Area, Boedecker Lake, foothills, and Longs Peak. Abundant recreational opportunities in the area including Boedecker Lake, Mariana Butte Golf Course, Mariana Butte Nature Trail, Morey Wildlife Reserve, and Devil's Backbone Open Space. Convenient access to Rocky Mountain National Park and Estes Park via US Highway 34 (West Eisenhower Boulevard). Minutes from Downtown Loveland restaurants, shopping, and entertainment. Multiple grocery nearby.

Highlights

Estimated ten (10) lakefront duplex lots fronting Buckingham Lake with foothills and Boedecker Lake views
Estimated cost to develop inlcuding water dedication of $149,976 per lot
Market survey of paired homes with lake frontage near Buckingham Lake: $910,000 to $1,100,000, paired home backing to West 1st Street: $875,000
Estimated lot to home price based on 30% ratio indicates finished lot value above $262,500
Annexed and zoned into the City of Loveland to build a single family home as a residential Planned Unit Development (PUD) known as Mariana Butte 24th

Property Flyers

Wayne Lewis 303-588-8808 LC Real Estate Group
Wayne Lewis 303-588-8808 LC Real Estate Group