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4953 W 1st St 2.26 Acres of Residential Land Offered at $604,982 CAD in Loveland, CO 80537
Investment Highlights
- Estimated ten (10) lakefront duplex lots fronting Buckingham Lake with foothills and Boedecker Lake views
- 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
- 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
- Estimated cost to develop inlcuding water dedication of $149,976 per lot
- Estimated lot to home price based on 30% ratio indicates finished lot value above $262,500
Executive Summary
Villas at Buckingham Lake is a proposed 10 unit lakefront development opportunity on 2.26 acres in Loveland, Colorado.
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 stores in area incl. King Soopers (Taft & Hwy 402) and Safeway (Wilson Ave &
W US Hwy 34)
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 stores in area incl. King Soopers (Taft & Hwy 402) and Safeway (Wilson Ave &
W US Hwy 34)
Property Facts
| Price | $604,982 CAD | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.26 AC |
| Property Type | Land | ||
| Zoning | PUD | ||
| Price | $604,982 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 2.26 AC |
| Zoning | PUD |
1 Lot Available
Lot
| Price | $604,982 CAD | Lot Size | 2.26 AC |
| Price Per AC | $267,691.32 CAD |
| Price | $604,982 CAD |
| Price Per AC | $267,691.32 CAD |
| Lot Size | 2.26 AC |
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.
Not walkable
10/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 95173-07-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $153,340 CAD | Total Assessment | $153,340 CAD |
Property Taxes
Parcel Number
95173-07-001
Land Assessment
$153,340 CAD
Improvements Assessment
$0 CAD
Total Assessment
$153,340 CAD
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4953 W 1st St
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