Half Duplex
40 Whitetail Drive New Castle, CO 81647
For Sale
$850,000
DUPLEX - New Castle, CO
Property Size1,817 SF
Lot Size0.24 Acres
Price / SF$467.80
Days on Market346
Property Features for 40 Whitetail Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
PUD
Bedrooms
3
Bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 3, Laundry Room, Laundry Room, Bedroom 2, Dining Room
Parking
2
Fireplace
1
Basement
Walk-Out Access
Standard status
Active
APN
212329404048
Size
1,817 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 48 Lakota Canyon Ranch, Filing 5 According to the plat thereof recorded October 19, 2006 as Reception No. 709283
Tax Annual Amount
2419
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Building materials
Wood Siding, Stone Veneer, Frame
Listing Agency:
Coldwell Banker Mason Morse-Aspen
(970) 925-7000
Listed By:
Michaela Cleveland
(970) 556-4710
Added: Aug 18, 2025
Changed: Jul 27
Last Checked: Jul 29 at 12:06PM
MLS# 189778
Copyright © 2026 Aspen Glenwood 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.
Proposed for completion in August 2026, this half duplex delivers a mountain-style exterior finish package and a planned interior designed for modern living. The main floor includes an open layout with a living room featuring a corner fireplace, with access to a covered walkout patio. The dining area connects to the kitchen, which includes a designated pantry. A 2-car garage and a laundry closet with a water closet for guest use are also on the main level. Upstairs, the home is laid out with three bedrooms, including a primary suite with a walk-in closet and an ensuite full bath with a double vanity, plus two additional bedrooms sharing a full bath in the hallway.
The property is located within the Lakota Canyon Ranch neighborhood, which features an 18-hole championship golf course and a recreation center with a clubhouse, fitness center, outdoor swimming pool, tennis and pickleball courts, and a playground.
Designed by Kinghorn Consultants and built by G&R Construction, the finish package by True West Design & Finishes has been added to the documents. The listing is zoned PUD.
The property is located within the Lakota Canyon Ranch neighborhood, which features an 18-hole championship golf course and a recreation center with a clubhouse, fitness center, outdoor swimming pool, tennis and pickleball courts, and a playground.
Designed by Kinghorn Consultants and built by G&R Construction, the finish package by True West Design & Finishes has been added to the documents. The listing is zoned PUD.
Key Highlights
- Half duplex under construction with proposed completion date of August 2026 and year built 2026
- 1,817.43 SF interior with 3 bedrooms and 3 bathrooms
- Main floor open layout with a corner fireplace and access to a covered walkout patio
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 | $36.0k | $19.80 |
| − Vacancy | −$2.0k | −$1.09 |
| EGI | $34.0k | $18.71 |
| − OpEx | −$10.2k | −$5.61 |
| NOI | $23.8k | $13.10 |
1,817 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.0K
$297.5K – $396.7K
NOI $23,799 @ 7.0% cap · market cap 2.80%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K
NOI $22,218 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$475.9K
$416.4K – $555.2K
NOI $33,310 @ 7.0% cap · market cap 3.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Proposed August 2026 completion for a half duplex featuring an open main level with corner fireplace and covered walkout patio.
Where is this duplex located?
The property is located at 40 Whitetail Drive New Castle, CO.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Half duplex under construction with proposed completion date of August 2026 and year built 2026; 1,817.43 SF interior with 3 bedrooms and 3 bathrooms; Main floor open layout with a corner fireplace and access to a covered walkout patio
