20
See all 20 photos
$499,500
Est. payment /mo
0.48 Acres Lot
Price Dropped by $12K
8201 W 51st AVE Arvada, CO 80002
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UPDATED:
11/29/2024 06:06 PM
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Old Town Arvada
MLS Listing ID 5999108
HOA Y/N No
Originating Board recolorado
Annual Tax Amount $2,296
Tax Year 2023
Lot Size 0.480 Acres
Acres 0.48
Property Description
Discover the potential of this prime 20,891 sq. ft. lot zoned R-2, ideal for residential development. Whether you envision a single-family home, multiple single-family homes, or multi-units (rezoning), this lot offers the flexibility to create your vision. You could also keep the cute house the way it is and have a great home with TONS of storage for all your toys! Buyers are advised to conduct their due diligence to explore all possibilities. The property includes a 920 sq. ft. home, a garage, and some storage units that come with the property, but we think the actual value lies in the land itself. This is also an incredible opportunity to build your dream home on a remarkable piece of land. The lot feels very private, but the access to excellent retail and I-70 is close, which gives you great access to the mountains, old Arvada retail, downtown, DIA, etc. The seller might like a rent-back arrangement, which could benefit the buyer, providing time to finalize development plans. Take advantage of this rare opportunity with endless possibilities that only come around occasionally!
Location
State CO
County Jefferson
Zoning R-2
Interior
Fireplace N
Exterior
Garage No
Building
Lot Description Sloped
Sewer Public Sewer
Water Public
Schools
School District Jefferson County R-1
Others
Ownership Estate
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by RE/MAX of Cherry Creek • leo@rowenrealty.com,303-521-0360