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Ranch-Style Paired Villa Condo

2984 Ariel Dr Loveland, CO 80537

New
2984 Ariel Dr, Loveland, CO, 80537
$615,000
For Sale
$615,000

CONDOS - Loveland, CO

Property Size3,338 SF
Lot Size0.14 Acres
Price / SF$184.24
Days on Market2

Property Features for 2984 Ariel Dr

General Information

Property type
Residential
Property subtype
Duplex
Zoning
Res
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Basement, Bathroom 1, Bathroom 2, Bedroom 3, Dining Room, Game Room, Bedroom 1, Bedroom 2, Laundry Room, Bathroom 3, Laundry Room
Window features
Window Coverings
Patio and Porch features
Patio, Deck
Pets allowed
Cats OK, Dogs OK
Interior features
Eat-in Kitchen, Separate Dining Room, Open Floorplan, Walk-In Closet(s)
Exterior features
Sprinkler System
Fencing
Fenced
Fireplace
1
Basement
Full, Partially Finished
Appliances
Electric Range, Dishwasher, Microwave
Standard status
Active
APN
R1651681
Size
3,338 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4068

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
2011
Floors in Building
1
Building materials
Frame, Stone, Composition
Roof type
Composition
Listing Agency Group Centerra
5401 Stone Creek Cir, Fort Collins, CO
Listed by Joshua Sturgis
Added: Jul 17 Checked: Jul 18 at 1:06 am
MLS# 1064485 Listing URL

Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Welcome to 2984 Ariel Dr, a ranch-style paired villa in Loveland’s Stone Creek Subdivision. The home features wood flooring and granite countertops, with “superior insulation” noted for comfort. The main level includes two spacious bedrooms. The expansive finished basement adds two additional bedrooms, a full bathroom, and a generous recreation room.

Set on a corner lot, the property provides added privacy. It’s described as being just steps from the community clubhouse, workout facility, and pool. The surrounding area includes open spaces for recreation and trails, and the home is conveniently located near New Vision Charter School and Willows Bend Park.

Zoning is listed as Res. The property is presented for sale as a residential income/duplex-type asset, with a total size of 3,338 square feet.

Key Highlights

  • 2011 ranch‑style paired villa with central air and forced‑air heating
  • Open floorplan with eat‑in kitchen, separate dining room, and walk‑in closet(s)
  • Finished basement adds 2 additional bedrooms, a full bathroom, and a large game/recreation room

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $51.3k $15.36
− Vacancy −$2.2k −$0.66
EGI $49.1k $14.70
− OpEx −$14.7k −$4.41
NOI $34.4k $10.29
3,338 SF · lease $15.36/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$490.8K
$429.5K – $572.6K (±1% cap)
NOI $34,358 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$453.9K
$397.1K – $529.5K (±1% cap)
NOI $31,770 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$896.0K
$784.0K – $1.05M (±1% cap)
NOI $62,718 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Nail Salon Hair Salon Restaurant (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Ranch-style paired villa with two bedrooms on the main level and a finished basement adding two more bedrooms.
Where is this duplex located?
The property is located at 2984 Ariel Dr Loveland, CO.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 2011 ranch‑style paired villa with central air and forced‑air heating; Open floorplan with eat‑in kitchen, separate dining room, and walk‑in closet(s); Finished basement adds 2 additional bedrooms, a full bathroom, and a large game/recreation room
Contact an agent
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