5300 Yellowstone St

Description

Rare redevelopment opportunity in the Town of Bow Mar. The property is improved with existing utilities and a structure but is being marketed primarily for land value and shovel-ready redevelopment. The seller has completed architectural planning, zoning approvals, geotechnical testing, and supporting documentation, all of which transfer to the buyer, creating a meaningful head start for your custom build. The home has been fully abated and is ready for demolition. With 40-foot setbacks, this generous, bermed lot offers a surprisingly substantial building envelope. Buyers may build up to approximately 6,000 square feet on a single level, with additional square footage possible through a walk-out lower level. This is significant within Bow Mar's development standards and allows for a large, thoughtfully designed residence while maintaining privacy and outdoor space. The elevated site also allows a new home to sit slightly higher on the lot while remaining within Bow Mar's 16-foot roof height limit (18 feet in select areas), creating the opportunity for vaulted ceilings, abundant natural light, and enhanced privacy not easily achieved on other parcels. The property transferred via two deeds, and current county records do not fully reflect the transaction history. Buyers are encouraged to verify tax and transfer information independently. Enjoy the opportunity to build a custom home in one of Denver's most desirable lake communities. Voluntary HOA membership through Bow Mar Owners, Inc. provides access to private lake privileges, beach club, and tennis courts.