$499,500
For Sale

8201 W 51st Avenue

Arvada, CO 80002
Listing OfficeRE/MAX of Cherry Creek
Type:Purchase
Structure:Land
Zone:Residential

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!

  • Property Details
      • School DistrictJefferson County R-1
      • SubdivisionOld Town Arvada
      • Property SubtypeImproved Land
      • Sewer InformationPublic Sewer
      • CountyJefferson
      • Property TypePurchase
      • Original List Price$575,000
      • MLS #5999108
      • MLS #5999108
      • Lot DescriptionSloped
      • Utility SourcePublic
      • Taxes Annual$2,296
      • Cost499500
      • Acres0.48

Location

Ed JacobsenReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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