Half Duplex with Covered Walkout
46 Whitetail Drive New Castle, CO 81647
For Sale
$850,000
DUPLEX - New Castle, CO
Property Size1,822 SF
Lot Size0.24 Acres
Price / SF$466.52
Days on Market346
Property Features for 46 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
1,822 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# 189777
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.
This for-sale half duplex is proposed for completion in August 2026 and includes an open main-floor living layout with a corner fireplace. The main level also provides access to a covered walkout patio, along with a dining room and kitchen featuring a designated pantry. A 2-car garage and laundry closet are located on the main floor, with a water closet for guest use. Upstairs, all three bedrooms are on the upper level, including a primary suite with a generous walk-in closet and an ensuite full bath with a double vanity. Two additional guest bedrooms share a full bath in the hallway. The home is described as 1,821.7 square feet.
The property is located at 46 Whitetail Drive in New Castle, Colorado, within the Lakota Canyon Ranch neighborhood. The community is described as offering an 18-hole championship golf course designed by James Engh, along with a recreation center that includes a clubhouse, fitness center, outdoor swimming pool, tennis and pickleball courts, and a playground.
Zoning is listed as PUD, and the lot size is 0.24 acres.
The property is located at 46 Whitetail Drive in New Castle, Colorado, within the Lakota Canyon Ranch neighborhood. The community is described as offering an 18-hole championship golf course designed by James Engh, along with a recreation center that includes a clubhouse, fitness center, outdoor swimming pool, tennis and pickleball courts, and a playground.
Zoning is listed as PUD, and the lot size is 0.24 acres.
Key Highlights
- Half duplex under construction by G&R Construction, with proposed completion in August 2026
- 1,821.7 SF floor plan with 3 bedrooms and 3 full bathrooms
- Main level features an 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 | $36.1k | $19.80 |
| − Vacancy | −$2.0k | −$1.09 |
| EGI | $34.1k | $18.71 |
| − OpEx | −$10.2k | −$5.61 |
| NOI | $23.9k | $13.10 |
1,822 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$340.9K
$298.3K – $397.7K
NOI $23,864 @ 7.0% cap · market cap 2.81%
Second Best
Apartment 5plus
$318.3K
$278.5K – $371.3K
NOI $22,279 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$477.2K
$417.5K – $556.7K
NOI $33,401 @ 7.0% cap · market cap 3.93%
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-completion half duplex with open main living area, corner fireplace, covered walkout patio, and a 2-car garage.
Where is this duplex located?
The property is located at 46 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 by G&R Construction, with proposed completion in August 2026; 1,821.7 SF floor plan with 3 bedrooms and 3 full bathrooms; Main level features an open layout with a corner fireplace and access to a covered walkout patio
