About 4953 W 1st St
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.
Features of 4953 W 1st St
| MLS® # | 1059592 |
|---|---|
| Price | $440,000 |
| Acres | 2.26 |
| Type | Land |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 4953 W 1st St |
|---|---|
| Area | Loveland |
| Subdivision | Mariana Butte Twenty Fourth |
| City | Loveland |
| County | Larimer |
| State | CO |
| Zip Code | 80537 |
Amenities
| Utilities | Natural Gas Available, Electricity Available |
|---|---|
| View | Mountain(s), Hills, Water |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| 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 |
|---|
School Information
| District | Thompson R2-J |
|---|---|
| Elementary | Namaqua |
| Middle | Walt Clark |
| High | Thompson Valley |
Additional Information
| Days on Market | 20 |
|---|---|
| Zoning | R1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Wayne Lewis |
|---|---|
| Office | LC Real Estate Group, LLC |