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Lakeview Dr Basalt, CO 81621

For Sale
$1,650,000

Prime location, approved plans, 6-unit complex.

Description

Added:
Feb 3, 2025
Days on Market:
314
This exceptional 0.14-acre lot in Basalt, Colorado, presents a unique opportunity for developers. Located on Lakeview Drive, this property, designated Lot B-1 within the Tree Farm PUD, boasts approved development rights and ready-to-build plans for a six-unit condominium complex. The plans encompass a diverse mix of units: one one-bedroom/one-bathroom unit, two two-bedroom/two-bathroom units, and three three-bedroom/two-bathroom units, totaling approximately 7,000 square feet of buildable space. The complex will include 13 perimeter parking spaces, offering ample convenience for residents. Units will enjoy stunning views directly overlooking Kodiak Lake. This prime mid-valley location offers enormous potential, catering to the high demand for housing in the area. The property is ideal for developers seeking to build and sell a condominium complex or provide employee housing. Comprehensive documentation, including permits, plans, and disclosures, is available. Two assignable reservations are currently in place. Note that this listing can be combined with three other parcels (B2, B3, C1, A1-4) for a total purchase price of $14,875,000. This presents a significant opportunity for large-scale development in a highly desirable location.

Property Features for Lakeview Dr

General Information

Property type
Other commercial real estate
Lot Size
6,098 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Basalt
County
Eagle
State
Colorado
Longitude
-107.034
Latitude
39.36562

FAQs

What type of property is this?
Commercial real estate - Prime location, approved plans, 6-unit complex.
Where is this commercial real estate located?
The property is located at Lakeview Dr Basalt, CO.
What is the asking price?
The asking price for this property is $1,650,000.
More about this property
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