Haymeadow
Eagle, CO 81631
Haymeadow PUD Neighborhoods A2 & B · Land For Sale
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107.40 AC
Investment Highlights
- Opportunity to develop two neighborhoods within the Haymeadow PUD in housing starved Eagle County.
- Housing supply has long been an issue in Eagle County and demographic data clearly shows an increased need for more, both presently and in the future,
- The typical home value in Eagle is $908,663, compared to $349,816 nationally, according to the Zillow Home Value Index.
- Ideally located on the valley floor in Eagle near some of the best public schools in the area.
- Strong Area Median Income of $78,300.
Property Facts
Description
This is a unique opportunity to acquire two approved residential development parcels within the Haymeadow PUD. The two parcels, Neighborhood A2 and Neighborhood B, are approved for a maximum of 472 residential units including single family, duplex, townhome and multi-family. The parcels will be delivered with water and sewer service pulled to the site and access provided via an extension of Sylvan Lake Road. A metropolitan district has already been established and there are not any off-site improvement requirements. Additionally, three million dollars of tap fees have been pre-paid and will be credited back to the developer at 60% of the prevailing tap fee rates. Multi-family units will receive a 25% EQR discount as a result of their non-potable water usage. The property is ideally located on the valley floor and is the last infill development opportunity between Eagle Ranch and Brush Creek Valley Ranch, which is owned by Eagle County and in conservation. Eagle is a desirable community for both full time and seasonal residents given its access to year-round world-class recreation, growing economy, proximity to some of the best public schools in the area and connectivity to the rest of the state via I-70 and Eagle County Regional Airport. Upon completion, Haymeadow will be the largest residential development project in Eagle County in decades.
