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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$385,000

Est. payment - /mo

2.26 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Mariana Butte Twenty Fourth

MLS Listing ID IR1059592

HOA Y/N No

Lot Size 2.263 Acres

Acres 2.26

Property Sub-Type Improved Land

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

Zoning R1

Direction South

Exterior

Utilities Available Electricity Available, Natural Gas Available

Waterfront Description Public

View Mountain(s), Water

Private Pool No

Building

Lot Description Level, Open Lot, Rolling Slope

Faces South

Sewer Public Sewer

Water Public

Schools

School District Elementary: Thompson R2-J, High: Thompson R2-J

Others

Tax ID R1649662

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Listed byLC Real Estate Group, LLC

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent FA.100072314

4953 W 1st ST Loveland, CO 80537

Source Home Group

Key Details

Location

Exterior

Building

Schools

Others

Nearby School & Business

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