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407-448 Biscuit St 2.73 Acres of Residential Land Offered at $5,374,292 CAD in Erie, CO 80516

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INVESTMENT HIGHLIGHTS

  • Fully entitled 3-acre site with completed infrastructure
  • Walkable to downtown Erie’s shops, parks, and events
  • Includes 23 all-electric homes with modern floorplans

EXECUTIVE SUMMARY

Erie Junction is fully entitled for 23 high margin, all-electric homes including 20 paired homes and one triplex. This turnkey development is fully completed, including streets, lots, utilities, and town acceptance, ensuring homebuilders can seamlessly transition into construction. The sale includes seven thoughtful floorplans delivering a flawless convergence of function and luxury featuring attached or detached two car garages, finished basements, and large front yards to craft a deliberate hometown feel while having a refreshingly modern style. Offering single family attached plans ranging from 2,900 to 3,350 square feet, these modern homes provide the space and functionality rarely found in Old Town where smaller homes dominate the landscape—delivering the perfect blend of contemporary living and timeless charm. The sale includes complete entitlement assets and as-builts, HOA and legal documentation, professionally designed branding and website, and an established buyer interest list. Situated within blocks of notable restaurants, breweries, boutique shops, art galleries, and vibrant community events, Erie Junction offers builders the chance to deliver homes tailored to meet the needs of today’s buyers seeking a walkable, amenity-rich lifestyle. A rare and unparalleled development opportunity located in the heart of Erie’s historic Old Town District. This nearly 3 acre site offers exceptional connectivity, with walkability to Downtown Erie and quick access to Lafayette, Louisville, and Boulder via commuter roads and trail systems allowing residents to embrace car-free transportation options.

PROPERTY FACTS

Price $5,374,292 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Master Planned Community
  • Planned Unit Development
  • Single Family Development
Total Lot Size 2.73 AC
Zoning OTR - Old Town Residential

1 LOT AVAILABLE

Lot 1-23

Price $5,374,292 CAD
Price Per AC $1,968,605.18 CAD
Lot Size 2.73 AC

2.73 Acres Located on the corner of County Line Road and Balcolm Street in the heart of Old Town Erie.

DESCRIPTION

Diverge Homes proudly presents Erie Junction, a rare and unparalleled development opportunity located in the heart of Erie's historic Old Town District. Through its innovative urban planning and thoughtful design, Diverge Homes has created tremendous value for builders and future residents alike, setting this community apart as a flagship neighborhood in one of Colorado's most sought-after areas. Situated within blocks of notable restaurants, breweries, boutique shops, art galleries, and vibrant community events, Erie Junction offers builders the chance to deliver homes tailored to meet the needs of today's buyers seeking a walkable, amenity-rich lifestyle. The turnkey development is fully completed, including streets, lots, utilities, and town acceptance, ensuring homebuilders can seamlessly transition into construction. This 3-acre site offers exceptional connectivity, with quick access to Lafayette, Louisville, and Boulder via commuter roads and trail systems allowing residents to embrace car-free transportation options. The growing demand for homes in Erie, combined with its accolades as one of Colorado's most desirable places to live, ensures a strong market for this neighborhood with pricing projected between $825,000 to $975,00 per home. Thanks to the strategic planning and value-driven design by Diverge Homes, the builder buyer becomes the ultimate beneficiary, positioned to sell these homes at a premium over other developments in the area. Priced at $4,500,000, Erie Junction is fully entitled for 23 high-margin, all-electric homes including 20 paired homes and one triplex. The sale includes seven thoughtful floorplans delivering a flawless convergence of function and luxury ranging from 2900-3350 square feet featuring attached or detached two car garages, finished basements, and large front yards to craft a deliberate hometown feel while having a refreshingly modern style. The sale also includes complete entitlement assets and as-builts, HOA and legal documentation, professionally designed branding and website, and an established buyer interest list. With its prime location, sophisticated home designs, and a focus on community living, Erie Junction is a standout development opportunity. By leveraging the value Diverge Homes has created through its urban planning, builders will have the advantage of delivering homes that not only attract buyers but command premium pricing, ensuring a lucrative and highly successful project.

  • Listing ID: 34830442

  • Date on Market: 2025-02-14

  • Last Updated:

  • Address: 407-448 Biscuit St, Erie, CO 80516

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