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Search Land - Estes Park, Colorado Estate Acreage in Opp. Zone

Estes Park, Colorado Estate Acreage in Opp. Zone

$1,695,000
627 Little Prospect Rd, Estes Park, CO
Status: Active
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Property Type
Acreage
Mountain Land
Acreage
14.42 acres
County
Larimer, CO
Format
Sale
Features
Borders Corp of Engineer Land
Development Potential
Electricity
Fishing
Hwy-County Rd Frontage
List Date
Apr 26, 2024
Documents
Brochure
Description
Summary: Colorado Opp. Zone:             Census Tract 002802 Sale Price:                               $1,695,000  ($117,545 / ac) Acreage (total)                       14.42 AC Proposed Use:                        Residential Density:                                  1 d.u. / 2.5AC   Investment Highlights: - Shovel-ready for opportunity-zone investment with horizontal infrastructure under construction and/or adjacent to site. - Located in Estes Park, Colorado next to Mary’s Lake and a 5-minute drive to Rocky Mountain National Park (RMNP) plus historic area attractions - Build 1 to 5 units over time; All gains at future sale date(s) are tax-free - 4.5 million visitors to/through RMNP annually, up from 3.0 million in 2010 - “Top 5” Retirement Towns in Colorado (2023) - Gentle, South-facing slope with gorgeous views to Mary’s Lake, Lily Mountain, and beyond. This is an incredible opportunity unlike any other in Colorado to purchase large-lot, residential acreage just outside of Rocky Mountain National Park. Size and zoning of parcel allows you to build your personal residence or business-oriented rental propert(ies). Utilities present at property boundary such that any future improvements to infrastructure (i.e. paving, sewer, septic, and/or water) allows immediate fulfillment of the IRS’ well-established OZ precedent of “more than an insubstantial amount in land improvement” requirement. Excellent location directly across the street from beautiful Mary’s Lake, on gentle South-facing slope, and with views to Lily Mountain (elev. 9,786’) and beyond. Located within unincorporated Larimer County and adjacent to Town of Estes Park; a 5-minute drive to RMNP entrance or 6-minutes from main street Estes Park (Elkhorn Dr.) See overview and character shots of the property for the beautiful granite outcroppings, old-growth pine trees, native vegetation and incredible wildlife. For sale by local, current ownership
Listing Agent
Jack Fisher
Co-Op Member Owner
Sawhorse Development
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