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Bob Engel

[email protected] +1(303) 638-0780

$ 1,960,000

Est. payment -/mo

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601 S San Juan Ave Buena Vista, CO 81211

1 Acres Lot

UPDATED:

08/17/2024 03:07 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Loans Addition Sub

MLS Listing ID 3364778

HOA Y/N false

Originating Board REcolorado

Annual Tax Amount $18,954

Lot Size 1.000 Acres

Acres 1.0

Property Description

PURCHASE PRICE REFLECTS: a) A POSSIBLE SELLER FINANCING AGREEMENT, DEPENDING ON TERMS AND CONDITIONS. -- or -- b) THE INTENTION OF SELLER AGREEING TO ENTER INTO A BUSINESS AGREEMENT WITH THE BUYER, INVOLVING A PRE-SET PER UNIT SHARING OF INCOME UPON SALE OF THE FINISHED HOMES ON THE LOTS. Rare Developer Opportunity! Buena Vista is a growing, vibrant mountain town, requiring new single family home construction. This vacant lot is already zoned R2, called Loans Addition Sub, including Lots 19-32. All 14 lots are ~.07-acre with 25' X 125' dimensions, allowing for ADU's and garages with access from an established alley. The front of future homes will be facing west, looking over a large open space pasture and the Collegiate Mountain Range with amazing sunsets! The Seller and Town of Buena Vista Planning Department are encouraging the future developer to build affordable housing units on the two northern most lots (lots 31 & 32). The civil engineering infrastructure site design plans are approximately 35% completed by Seller, with 'preliminary' approval from the BV Planning Department, allowing the new owner the ability to seek final approval and begin infrastructure work. The Seller in process of conveying to the Town of BV, two lots (16 & 17) at the southern border, which will accommodate a deep utility easement right-of-way, running into the utility mains along S. Gunnison. This unique location has a quiet neighborhood feel and earns a high walkability rating to retail and entertainment businesses. The 'typical' finished residence for this development could feature two stories, 1,500-2,000 square feet, 3 bedrooms, 2.5 baths, 1-2 car detached garage with ADU (optional), roof top living space (optional), front porch facing a sidewalk and access from the established back alley. Vacant lots in Buena Vista that are already subdivided are becoming very rare.

Location

State CO

County Chaffee

Area Out Of Area

Zoning Residential R2

Direction From Hwy 24 and Main Street stop light go west 3 blocks, turn south (left) on S. San Juan Ave., travel about 4 blocks and vacant lot on your left, across the street from Valley Fellowship Church.

Exterior

Utilities Available Natural Gas Available, Electricity Available, Cable Available

Waterfront false

View Mountain(s), Foothills View, Plains View, City

Street Surface Paved

Building

Lot Description Cul-De-Sac, Corner Lot, Wooded, Level

Sewer City Sewer, Public Sewer

Water City Water

New Construction false

Schools

School District Buena Vista R-31

Others

Senior Community false

Information and Real Estate Services (IRES)

Listed by LIV Sothebys International Realty- Breckenridge • [email protected],970-333-1950

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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Englewood, CO

Bob Engel

Bob Engel

601 S San Juan Ave Buena Vista, CO 81211

Key Details

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Schools

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601 S San Juan Ave