$3,100,000
$3,495,000
11.3%For more information regarding the value of a property, please contact us for a free consultation.
1.25 Acres Lot
SOLD DATE : 08/30/2023
Key Details
Sold Price $3,100,000
Property Type Vacant Land
Sub Type Improved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Cullen Subdivision Exemption
MLS Listing ID 3264771
Sold Date 08/30/23
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $3,872
Tax Year 2021
Lot Size 1.250 Acres
Acres 1.25
Property Description
Best location in Grand County! DC zoned 1.62ac development parcel with current rental income on Vasquez Creek. New zoning code allows 32 units/ac, 85% coverage ratio & 55 ft height. Potential for mixed use, multifamily, alpine club, commercial, small hotel site, larger luxury multifamily, vacation club, affordable housing. Next to pending Cooper Creek Village FDP with its town to resort gondola landing site & ski back trail ending across the street at resort owned property. Property across the street is shown in new Town and Resort master plans as gondola landing site - see documents. $75k in current net annual rental income with potential for more. One of a kind property in the very best location in Grand County. Property lines in photos are general in nature and will vary. See attached plat
Location
State CO
County Grand
Zoning AB2
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Sewer Connected
Waterfront Description River Front
Garage No
Building
Lot Description Corner Lot, Level
Sewer Public Sewer
Water Public
Schools
School District East Grand 2
Others
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo
Listing Terms 1031 Exchange, Cash, Conventional, Jumbo
Special Listing Condition None
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