1304 W Prospect RD new to site Save Request In-Person Tour Request Virtual Tour
Fort Collins,CO 80526
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,582 sqft
Price per Sqft $1,264
Subdivision Maxfield
MLS Listing ID IR1036287
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,582
Year Built 1947
Annual Tax Amount $4,138
Tax Year 2024
Lot Size 1.586 Acres
Acres 1.59
Property Sub-Type Single Family Residence
Source recolorado
Property Description
Incredible In-Fill Development or Redevelopment Opportunity located less than a 1/2 mile from the Colorado State University campus near Prospect & Shields. This expansive 1.59 acre parcel is perched nicely on a gradually sloping lot that would offer some really great mountain views to the West (if 2 story), possibly even walk out or garden level units. Abutting a natural canal area to the West, it offers a roomy and calming natural area feel. Also abuts a school to the North of the Property, ideal for new townhomes or condos in this great near CSU location. Quick sketch concept plans shows that up to 19 townhomes could be built here on this single lot! Would be a great Townhome resale product offering, or you could build out this project and lease the units to Undergrad and Graduate students at CSU, a need that had not been met or delivered for many years! Please contact Listing Broker for an introduction to a local architect that has additional information on the current LMN zoning, potential land uses, and development potential here. Plenty of space for 1 and even 2 car garages and very good sized dwelling units to meet the market. Other product types and offerings could potentially also be developed here as well. Existing ~1,500 sqft adobe style home currently exists on the property that was built in 1947 and has several uses that could contribute additional value; use it as additional unit(s), make it a common amenity clubhouse, or make it an outlot and keep the home that is worth ~$650K+ stand alone. Also includes 3 detached garage/shop/outbuildings (1,157 sqft total) that are 21' x 20', 20' x 10', & 28' X 17'. Builders and Developers might consider a modern Santa Fe, or Modern Adobe concept to the project to complement the existing house? Additional land parcels could possibly be added to the West (PLEASE CONTACT BROKER WHO IS WORKING ON THAT), possibly increasing the total size of this potential project too! (No guarantees of this express nor implied)
Location
State CO
County Larimer
Zoning LMN
Rooms
Basement None
Main Level Bedrooms 3
Interior
Heating Forced Air
Flooring Wood
Fireplace N
Appliance Dishwasher,Oven,Refrigerator
Exterior
Garage Spaces 3.0
Fence Partial
Utilities Available Electricity Available,Natural Gas Available
View Mountain(s)
Roof Type Other
Total Parking Spaces 3
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Concrete,Stucco
Schools
Elementary Schools Bennett
Middle Schools Blevins
High Schools Rocky Mountain
School District Poudre R-1
Others
Ownership Individual
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
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