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4953 W 1st St
Loveland, CO 80537
Land For Sale
·
2.26 AC
Investment Highlights
- Estimated ten (10) lakefront duplex lots fronting Buckingham Lake with foothills and Boedecker Lake views
- Market survey of paired homes with lake frontage near Buckingham Lake: $910,000 to $1,100,000, paired home backing to West 1st Street: $875,000
- Annexed and zoned into the City of Loveland to build a single family home as a residential Planned Unit Development (PUD) known as Mariana Butte 24th
- Estimated cost to develop inlcuding water dedication of $149,976 per lot
- Estimated lot to home price based on 30% ratio indicates finished lot value above $262,500
Executive Summary
Villas at Buckingham Lake is a proposed 10 unit lakefront development opportunity on 2.26 acres in Loveland, Colorado.
Approximately 1,165 feet of frontage on Buckingham Lake
• Unobstructed views of Mariana Butte Natural Area, Boedecker Lake, foothills, and Longs Peak
• Abundant recreational opportunities in the area including Boedecker Lake, Mariana Butte Golf
Course, Mariana Butte Nature Trail, Morey Wildlife Reserve, and Devil's Backbone Open Space
• Convenient access to Rocky Mountain National Park and Estes Park via US Highway 34 (West
Eisenhower Boulevard)
• Minutes from Downtown Loveland restaurants, shopping, and entertainment
• Multiple grocery stores in area incl. King Soopers (Taft & Hwy 402) and Safeway (Wilson Ave &
W US Hwy 34)
Approximately 1,165 feet of frontage on Buckingham Lake
• Unobstructed views of Mariana Butte Natural Area, Boedecker Lake, foothills, and Longs Peak
• Abundant recreational opportunities in the area including Boedecker Lake, Mariana Butte Golf
Course, Mariana Butte Nature Trail, Morey Wildlife Reserve, and Devil's Backbone Open Space
• Convenient access to Rocky Mountain National Park and Estes Park via US Highway 34 (West
Eisenhower Boulevard)
• Minutes from Downtown Loveland restaurants, shopping, and entertainment
• Multiple grocery stores in area incl. King Soopers (Taft & Hwy 402) and Safeway (Wilson Ave &
W US Hwy 34)
Property Facts
1 Lot Available
Lot
| Price | $440,000 | Lot Size | 2.26 AC |
| Price Per AC | $194,690.27 |
| Price | $440,000 |
| Price Per AC | $194,690.27 |
| Lot Size | 2.26 AC |
Description
Excellent development opportunity with Approximately 1,165 feet of frontage on Buckingham Lake. Unobstructed views of Mariana Butte Natural Area, Boedecker Lake, foothills, and Longs Peak. Abundant recreational opportunities in the area including Boedecker Lake, Mariana Butte Golf Course, Mariana Butte Nature Trail, Morey Wildlife Reserve, and Devil's Backbone Open Space. Convenient access to Rocky Mountain National Park and Estes Park via US Highway 34 (West Eisenhower Boulevard). Minutes from Downtown Loveland restaurants, shopping, and entertainment. Multiple grocery nearby.
Property Taxes
| Parcel Number | 95173-07-001 | Improvements Assessment | $0 |
| Land Assessment | $112,050 | Total Assessment | $112,050 |
Property Taxes
Parcel Number
95173-07-001
Land Assessment
$112,050
Improvements Assessment
$0
Total Assessment
$112,050
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