4953 W 1st, Loveland, CO 80537
4953 W 1st, Loveland, CO 80537
4953 W 1st, Loveland, CO 80537
4953 W 1st, Loveland, CO 80537
4953 W 1st, Loveland, CO 80537
4953 W 1st, Loveland, CO 80537
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$ 440,000
Est. payment | /mo

2.26 Acres Lot


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$ 440,000
Est. payment | /mo
Save

2.26 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Mariana Butte Twenty Fourth

MLS Listing ID IRE1059592

HOA Y/N No

Annual Tax Amount $9,130

Tax Year 2024

Lot Size 2.260 Acres

Acres 2.26

Property Sub-Type Mixed Use

Source ires

Property Description

Estate lot with 360 degree water views or development opportunity for 4-10 lakefront lots with approx. 1,165 feet of frontage on Buckingham Lake. Recreational wakeless lake rights approval in process. Annexed & zoned into City of Loveland to build single family home through a PUD approval. Unobstructed views of Mariana Butte Natural Area, Boedecker Lake, foothills & Longs Peak. Abundant recreational opportunities close by. Little Thompson Water District water tap available in street or City of Loveland for development. Minutes from city amenities and highway access. Abundance of mature fish perfect for fishing. Elk, eagles, and other wildlife frequent this lake. Estimated cost to develop 10 lakefront lots including water dedication approx. $150,000 per lot (See broker development budget). Market survey of resale paired homes with lake frontage in the immediate area from $910,000 to $1,100,000. Excellent land value with Buckingham Lake and Boedecker Lake lot sales ranging between $575,000 to $800,000 on 0.47 acre to 1.10 acres, approximately $16.70 - $32.19/SF (See broker for sales survey). Ask broker about land loan options at 80% loan-to-value.

Location

State CO

County Larimer

Community Mariana Butte Twenty Fourth

Area Loveland/Berthoud

Zoning R1

Exterior

Utilities Available Natural Gas Available, Electricity Available

View Y/N Yes

View Mountain(s), Hills, Water

Improvements Yes

Garage No

Building

Lot Description Deciduous Trees, Native Grass, Level, Rolling Lot, Abuts Pond/Lake, Abuts Public Open Space, House Faces South, City Limits, Lake Access, Lake Front, Waterfront, Paved, Curbs, Gutters, Sidewalks

Sewer Public Sewer

Water City, District

Schools

Elementary Schools Namaqua

Middle Schools Walt Clark

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Wayne Lewis

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Holly Vermeern

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4953 W 1st