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Investment Highlights

  • Natural mountain setting with mature trees, privacy, and proximity to Evergreen, US-285, and C-470
  • Opportunity for patio home, townhome, or luxury residential developers seeking to serve downsizing and lock-and-leave buyers
  • Rolling foothills terrain with mountain views and defined upland areas, attractive for residential design and private outdoor living.
  • Development site offering a combination of C-1 and I-1 zoning with frontage along Parmalee Gulch Road
  • Existing conceptual residential plans previously prepared, providing a reference point for site layout and development discussion.
  • Water capacity currently reserved, Sewer line and fire hydrant at the property line

Executive Summary

Unique 9-acre development tract with mixed zoning and exceptional flexible/dual-use potential in the foothills of Indian Hills. Existing conceptual plans illustrate feasibility for multiple residential lots tucked into the interior portion of the site, offering privacy, natural surroundings, and mountain views. The C-1 zoned frontage includes a sanitary sewer line and fire hydrant at the road, creating a rare opportunity for light commercial, office, or self-storage development (subject to County approval) as well as residential development potential. There is also an existing conceptual residential subdivision plan providing a reference point for site layout and development discussion.
This property offers an attractive value proposition for builders, investors, residential builders, or mixed-use developers seeking flexibility in a supply-constrained market. Conveniently located with quick access to Evergreen, US-285, and C-470, the site balances accessibility with a quiet mountain setting.

Property Facts

Price $2,350,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 9.06 AC
Zoning C-1 / I-1 - Commercial and Industrial Zoning

1 Lot Available

Lot

Price $2,350,000
Price Per AC $259,381.90
Lot Size 9.06 AC

C-1 Zoning and I-1 Zoning across 4 separate sections.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 38642673

  • Date on Market: 12/3/2025

  • Last Updated:

  • Address: 4506 Parmalee Gulch Rd, Indian Hills, CO 80454

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