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601 S San Juan Ave

Buena Vista, CO 81211
  • $1,960,000
  • STATUS: Active
  • ON SITE: 210 Days
  • MLS #: R3364778
UPDATED: 118 min ago
$1,960,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

School District:

Description

PURCHASE PRICE REFLECTS: a) A POSSIBLE SELLER FINANCING AGREEMENT, DEPENDING ON TERMS AND CONDITIONS. -- or -- b) THE INTENTION OF SELLER AGREEING TO ENTER INTO A BUSINESS AGREEMENT WITH THE BUYER, INVOLVING A PRE-SET PER UNIT SHARING OF INCOME UPON SALE OF THE FINISHED HOMES ON THE LOTS. Rare Developer Opportunity! Buena Vista is a growing, vibrant mountain town, requiring new single family home construction. This vacant lot is already zoned R2, called Loans Addition Sub, including Lots 19-32. All 14 lots are ~.07-acre with 25' X 125' dimensions, allowing for ADU's and garages with access from an established alley. The front of future homes will be facing west, looking over a large open space pasture and the Collegiate Mountain Range with amazing sunsets! The Seller and Town of Buena Vista Planning Department are encouraging the future developer to build affordable housing units on the two northern most lots (lots 31 & 32). The civil engineering infrastructure site design plans are approximately 35% completed by Seller, with 'preliminary' approval from the BV Planning Department, allowing the new owner the ability to seek final approval and begin infrastructure work. The Seller in process of conveying to the Town of BV, two lots (16 & 17) at the southern border, which will accommodate a deep utility easement right-of-way, running into the utility mains along S. Gunnison. This unique location has a quiet neighborhood feel and earns a high walkability rating to retail and entertainment businesses. The 'typical' finished residence for this development could feature two stories, 1,500-2,000 square feet, 3 bedrooms, 2.5 baths, 1-2 car detached garage with ADU (optional), roof top living space (optional), front porch facing a sidewalk and access from the established back alley. Vacant lots in Buena Vista that are already subdivided are becoming very rare.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Alliance. Data last updated: 2024-05-25T17:44:37.197.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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601 S San Juan Ave Buena Vista, CO 81211

  • Price: $1,960,000
  • Status: Active
  • On Site: 210 Days
  • Updated: 118 min ago
  • MLS #: R3364778
0
Beds
0
Baths
0
½ Baths
1
Acres
Neighborhood:
Loans Addition Sub
County:
Chaffee
Area:
13 All Others
School District:
Buena Vista R-31
Property Description
PURCHASE PRICE REFLECTS: a) A POSSIBLE SELLER FINANCING AGREEMENT, DEPENDING ON TERMS AND CONDITIONS. -- or -- b) THE INTENTION OF SELLER AGREEING TO ENTER INTO A BUSINESS AGREEMENT WITH THE BUYER, INVOLVING A PRE-SET PER UNIT SHARING OF INCOME UPON SALE OF THE FINISHED HOMES ON THE LOTS. Rare Developer Opportunity! Buena Vista is a growing, vibrant mountain town, requiring new single family home construction. This vacant lot is already zoned R2, called Loans Addition Sub, including Lots 19-32. All 14 lots are ~.07-acre with 25' X 125' dimensions, allowing for ADU's and garages with access from an established alley. The front of future homes will be facing west, looking over a large open space pasture and the Collegiate Mountain Range with amazing sunsets! The Seller and Town of Buena Vista Planning Department are encouraging the future developer to build affordable housing units on the two northern most lots (lots 31 & 32). The civil engineering infrastructure site design plans are approximately 35% completed by Seller, with 'preliminary' approval from the BV Planning Department, allowing the new owner the ability to seek final approval and begin infrastructure work. The Seller in process of conveying to the Town of BV, two lots (16 & 17) at the southern border, which will accommodate a deep utility easement right-of-way, running into the utility mains along S. Gunnison. This unique location has a quiet neighborhood feel and earns a high walkability rating to retail and entertainment businesses. The 'typical' finished residence for this development could feature two stories, 1,500-2,000 square feet, 3 bedrooms, 2.5 baths, 1-2 car detached garage with ADU (optional), roof top living space (optional), front porch facing a sidewalk and access from the established back alley. Vacant lots in Buena Vista that are already subdivided are becoming very rare.
Exterior Features

Attached Garage YN No Garage Type None Horse YN No Lot Features Cul-De-SacCorner LotWoodedLevel Road Surface Type Paved View Mountain(s)Foothills ViewPlains ViewCity Waterfront YN No

Property Features

Association YN No Crops None Development Status Approved Subdivided Electric Electric Exclusions None Known Gas Natural Gas Has Hoa Covenants No Has Hoa2 No Has Water Rights No Listing Sub Status None Listing Terms CashConventionalOwner May Carry1031 Exchange Locale Buena Vista New Construction YN No Property Condition Not NewPreviously Owned Property Sub Type Unimproved Land Senior Community YN No Sewer City SewerPublic Sewer Tax Annual Amount 18954 Tax Year 2023 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City Water Zoning Residential R2

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Frank Hofmeister of LIV Sothebys International Realty- Breckenridge: fhofmeister@LivSothebysRealty.com,970-333-1950.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Alliance. Data last updated: 2024-05-25T17:44:37.197.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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