- 3 beds
- 1 bath
- 1,582 sqft
- ~2 acre lot
- $1,264 per sqft
- 1947 build
- – on site
Incredible In-Fill Development or Redevelopment Opportunity located less than a 1/2 mile from the Colorado State University campus near Prospect & Shields. This expansive 1.59 acre parcel is perched nicely on a gradually sloping lot that would offer some really great mountain views to the West (if 2 story), possibly even walk out or garden level units. Abutting a natural canal area to the West, it offers a roomy and calming natural area feel. Also abuts a school to the North of the Property, ideal for new townhomes or condos in this great near CSU location. Quick sketch concept plans shows that up to 19 townhomes could be built here on this single lot! Would be a great Townhome resale product offering, or you could build out this project and lease the units to Undergrad and Graduate students at CSU, a need that had not been met or delivered for many years! Please contact Listing Broker for an introduction to a local architect that has additional information on the current LMN zoning, potential land uses, and development potential here. Plenty of space for 1 and even 2 car garages and very good sized dwelling units to meet the market. Other product types and offerings could potentially also be developed here as well. Existing ~1,500 sqft adobe style home currently exists on the property that was built in 1947 and has several uses that could contribute additional value; use it as additional unit(s), make it a common amenity clubhouse, or make it an outlot and keep the home that is worth ~$650K+ stand alone. Also includes 3 detached garage/shop/outbuildings (1,157 sqft total) that are 21' x 20', 20' x 10', & 28' X 17'. Builders and Developers might consider a modern Santa Fe, or Modern Adobe concept to the project to complement the existing house? Additional land parcels could possibly be added to the West (PLEASE CONTACT BROKER WHO IS WORKING ON THAT), possibly increasing the total size of this potential project too! (No guarantees of this express nor implied)
Last checked:
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Last updated Jun 10, 2025
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MLS# 1036287 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1947
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New Construction:false
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Construction Materials:Block
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Architectural Style:Ranch
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Total SqFt:1,582 Sqft
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Building Area Total:1582
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Roof:Other
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Levels:One
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Basement:None
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Stories:1
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Window Features:Window Coverings
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Patio And Porch Features:Patio
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Above Grade Finished Area:1582
Interior
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Interior Features:Separate Dining Room
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Living Room Level:Main
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Living Room Features:Wood Floor
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Kitchen Level:Main
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Kitchen Features:Wood Floor
Room Dimensions
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Living Area:1582
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Main Floor SqFt:1582
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Living Room Area:420
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Living Room Length:21
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Living Room Width:20
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Kitchen Length:15
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Kitchen Area:210
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Kitchen Width:14
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Master Bedroom Area:180
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Master Bedroom Width:12
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Master Bedroom Length:15
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Bedroom 2 Area:182
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Bedroom 2 Length:14
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Bedroom 3 Length:12
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Bedroom 2 Width:13
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Bedroom 3 Area:144
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Bedroom 3 Width:12
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Laundry Room Length:12
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Laundry Room Width:6
Financial & Terms
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Listing Terms:Cash
Location
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Coordinates:-105.09984, 40.56799
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Latitude:40.56799
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Longitude:-105.09984
The Property
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Property Type:Residential
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Property Subtype:Residential-Detached
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Parcel Number:R0087866
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Lot Features:Curbs
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Lot Size Acres:1.59
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Lot Size SqFt:69,076 Sqft
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Lot Size Area:69076
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Lot Size Units:Square Feet
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Zoning:LMN
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View:Mountain(s)
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Current Use:Horses
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Possible Use:Single Family
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Horse:true
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Horse Amenities:Barn with 1-2 Stalls
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Fencing:Partial
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Exterior Features:Lighting
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Waterfront:false
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Road Surface Type:Paved
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Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,138
Beds
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Bedrooms Total:3
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Bedroom 2 Level:Main
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Bedroom 2 Features:Wood Floor
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Bedroom 3 Level:Main
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Bedroom 3 Features:Wood Floor
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Master Bedroom Level:Main
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Master Bedroom Features:Wood Floor
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Virtual Tour URL Unbranded:https://properties.boxwoodphotos.com/sites/aaqolvx/unbranded
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas, Xcel
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Electric:Electric, City of FTC
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Sewer:City Sewer
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Water Source:City Water, City of FTC
Appliances
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Appliances:Electric Range/Oven
Schools
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Elementary School:Bennett
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Middle School:Blevins
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High School:Rocky Mountain
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High School District:Poudre
The Community
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Association:false
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Subdivision Name:Maxfield
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Spa:false
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Senior Community:false
Parking
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Garage Spaces:3
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Garage:true
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Garage SqFt:1,157 Sqft
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Garage Type:Detached
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Attached Garage:false
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Covered Spaces:3
Monthly cost estimate

Asking price
$2,000,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$10,709
|
Taxes | $344 |
Insurance | $550 |
Utilities | $153 See report |
Total | $11,756/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/9/25
Jun 9, 2025
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Listed / Active | IRES | $2,000,000 |