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Home » Real Estate » CO » Buena Vista » 81211 » 601 S San Juan Ave, Buena Vista, CO, 81211
$1,960,000

601 S San Juan Ave, Buena Vista, CO, 81211

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.
Offered By
Frank Hofmeister fhofmeister@LivSothebysRealty.com,970-333-1950, LIV Sothebys International Realty- Breckenridge

Property Details

Property Type Land
Status Active
Property Sub Type Unimproved Land
MLS # 3364778

Market Trends

New Properties On Market
35
25% Increase In New Listings
Average Asking Price
$665,423
$123,716 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$275
$74 Decrease In List Price/Sq. Ft.
Average Days On Market
12
25 Day Decrease In Days On Market
Data as of Jul 02, 2024. Remaining statistics above are calculated on activity within the period from May 01, 2024 to Jun 30, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing 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. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 7/2/2024 at 12:22 am