Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    24 Cub Creek Way Lot 1 Winter Park, CO 80482

    View on Map
    Claim this Listing
    For Sale
    $755,000

    LAND - Winter Park, CO

    Lot size:
    0.33 Acres
    Added:
    Aug 8, 2024
    Days on Market:
    633
    Last Refresh:
    May 2 at 11:06 pm

    Property Features for 24 Cub Creek Way Lot 1

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    170503400008
    Lot size
    0.33 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Subd: LAKOTA POINTE FILING NO. 1 Lot: 1
    Tax Annual Amount
    8728

    We can help!

    Listing Contact
    Team TREC - The Real Estate Company

    Listing agent Team TREC - The Real Estate Company

    Listing office The Real Estate Company PO Box 840, Winter Park, CO

    Listing date Aug 8, 2024

    MLS# 24-1097 Listing URL

    Copyright © 2026 Grand County Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakota Pointe Land Opportunity

    Lakota Pointe presents an opportunity to design and build a custom dream home with views of the Southern Continental Divide and Winter Park Resort. Located across from Winter Park Ski Resort, the single-family lots offer a top-tier location. The property is situated near dining, shopping, hiking, and biking, and is surrounded by the National Forest. The lots are buildable and accessible with infrastructure and amenities such as gas, electrical, Xfinity high-speed data services, and public water and sewer. A preferred builder, Mountain Division Construction Company, is available, or buyers may work with a builder of their choice. Winter Park is a four-season resort destination community located at 9,000 feet. The location across from the ski resort positions it for high rental demand and property appreciation. This initial release marks the beginning of a development that will ultimately feature luxury attached homes and single-family homes. Construction is set to commence in Spring 2025. The lot size is approximately 0.33 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Winter Park
    County
    Grand
    State
    Colorado
    Longitude
    -105.761735
    Latitude
    39.897231

    Nearby Similar for Sale

    • $2,125,000
      2,905 SF

      Winter Park Luxury Townhome

      Four-bedroom, six-bath Winter Park townhome with high-end finishes and hot tub.
      105 Whistlestop Circle, Winter Park, CO 80482
      View Details
    • $2,075,000
      2,905 SF

      Luxury Townhome in Downtown Winter Park

      Stunning 4-bedroom townhome with high-end finishes and mountain views.
      115 Whistlestop Circle, Winter Park, CO 80482
      View Details
    • $2,850,000
      2,998 SF

      Winter Park Home with Mountain Views

      Five-bedroom, four-bath home with mountain views in Winter Park, Colorado.
      207 LAKOTA PARK Drive, Winter Park, CO 80482
      View Details
    • $1,750,000

      Winter Park Development Opportunity

      0.637 acre Winter Park land parcel for mixed-use development.
      247 Lions Gate Dr, Winter Park, CO 80482
      View Details
    • $1,518,000
      1,767 SF

      New Winter Park Townhome

      New 3-bedroom townhome in Winter Park, Colorado.
      77 High Grove Loop, Winter Park, CO 80482
      View Details
    • $1,995,000
      2,327 SF

      Winter Park Retail Opportunity

      Retail space available in Winter Park, Colorado.
      185 Vasquez Road, Winter Park, CO 80482
      View Details
    • $1,500,634
      1,935 SF

      New Townhome in Winter Park

      New 3-bedroom townhome with mountain views, near downtown.
      69 High Grove Loop, Winter Park, CO 80482
      View Details
    • $1,409,533
      1,842 SF

      New Winter Park Townhome

      New 3-bedroom townhome with garage, near trails and downtown.
      94 High Grove Loop, Winter Park, CO 80482
      View Details
    • $1,363,484
      1,805 SF

      New Winter Park Townhome

      New 3-bedroom townhome with garage, near trails and downtown.
      86 High Grove Loop, Winter Park, CO 80482
      View Details
    • $1,750,000

      Winter Park Development Opportunity

      0.637 acres in downtown Winter Park, Colorado.
      247 Lions Gate Drive, Winter Park, CO 80482
      View Details
    • $2,200,000
      11,326 SF

      Winter Park Multifamily Development Opportunity

      Prime Winter Park land for multifamily or high-rise development.
      171 Ski Idlewild Road, Winter Park, CO 80446
      View Details
    • $1,586,912
      2,113 SF

      New Townhome in Winter Park

      New 4-bedroom townhome with oversized garage near Winter Park.
      80 High Grove Loop, Winter Park, CO 80482
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Luxury homesite with mountain views near Winter Park Resort.
    Where is this residential land & home lot located?
    The property is located at 24 Cub Creek Way Lot 1 Winter Park, CO.
    What is the asking price?
    The asking price for this property is $755,000.
    What are key features of this property?
    This property features: Unparalleled views of the Southern Continental Divide and Winter Park Resort.; Prime location directly across from Winter Park Ski Resort, promising high rental demand and property appreciation.; Opportunity to design and build a custom dream home tailored to personal preferences.
    (970) 426-5500
    We can help!
    Listing Contact
    Team TREC - The Real Estate Company
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    24 Cub Creek Way, Lot 1, Winter Park, CO 80482

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!