Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Mariana Butte Golf Course Lot Title is generated by Realmo AI

    4692 Mariana Hills Cir, Loveland, CO 80537

    View on Map
    Claim this Listing
    For Sale
    $347,300

    LAND - Loveland, CO

    Lot size:
    0.19 Acres
    Added:
    Feb 6, 2026
    Days on Market:
    100
    Last Refresh:
    May 17 at 5:06 am

    Property Features for 4692 Mariana Hills Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RES LOT
    Standard status
    Active
    APN
    R1663446
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    5901

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Tara Moreno

    Listing agent Tara Moreno License #100041810

    Listing office RE/MAX Alliance-Loveland 750 W Eisenhower Blvd Ste 100, CO

    Listing date Feb 6, 2026

    MLS# 1051049 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.

    HighLights

    • Last available lot in Mariana Butte and one of the few remaining golf course lots in Loveland.
    • Enjoy Unobstructed panoramic views of the Mariana Butte golf course and Hogback Ridge.
    • No metro tax.
    • Direct golf cart path access to the course, driving range, and clubhouse with bar and restaurant.
    • Immediate access to the Mariana Butte Trail System and the Loveland Loop Trail.
    • Completed soils tests and available ranch‑style floorplans to simplify the building process.

    Overview

    This property is the last available lot in Mariana Butte and one of the few remaining golf course lots in Loveland. Located in the Mariana Butte neighborhood, this property has no metro tax. Positioned on the Mariana Butte 18-hole Golf Course, the lot provides unobstructed panoramic views of the fairway and the Hogback Ridge. Direct access to the cart path allows access to the golf course, driving range, and clubhouse, which includes a bar and restaurant. The entrance to the Mariana Butte Trail System is one block away, including the Hidden Hogback Trail, a 1.2-mile loop. The Loveland Loop Trail, a 21-mile trail system along the Big Thompson River, wetlands, meadows, prairies, and Boyd Lake State Park, is also accessible. Carter Lake, Lon Hagler, and Boedecker Lake are nearby, offering opportunities for outdoor recreation. This 0.19-acre lot offers the chance to build a home in Loveland. Soil tests have been completed. Two ranch-style floorplans that fit the lot are available from the sellers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.141384
    Latitude
    40.401427

    Nearby Similar for Sale

    • $2,000,000
      13,000 SF

      Loveland Office Building Opportunity

      Professional office building in central Loveland with flexible suite configuration.
      1401 W 29th St, Loveland, CO 80538
      View Details
    • $690,000
      3,224 SF

      Loveland Fourplex Investment Opportunity

      Well-maintained fourplex near golf courses and parks in Loveland, Colorado.
      2821 Greenland Dr, Loveland, CO 80538
      View Details
    • $550,000
      2,080 SF

      Loveland Duplex: Prime Location, Income

      Well-maintained duplex near downtown Loveland with STR potential.
      1150 E 5th St, Loveland, CO 80537
      View Details
    • $340,000

      Loveland Flex Condo For Sale

      1,822 SF flex condo with fenced yard and overhead door.
      2105 E 11th Street, Loveland, CO 80537
      View Details
    • $609,000
      2,963 SF

      Loveland Multifamily Property with ADU

      Multifamily property featuring a finished basement ADU for flexible living.
      4752 Degas Dr, Loveland, CO 80538
      View Details
    • $480,000
      1,352 SF

      Loveland Duplex in Campion Neighborhood

      Income-producing duplex in Loveland's Campion neighborhood with no HOA.
      108 Hankins Ln, Loveland, CO 80537
      View Details
    • $595,000
      2,069 SF

      Renovated Duplex Investment Opportunity

      Meticulously maintained duplex with leases into 2027, priced to sell.
      2331 Nyssa Dr, Loveland, CO 80538
      View Details
    • $590,000
      1,800 SF

      Updated Duplex in Central Loveland

      Updated duplex, central location, investment or owner-occupancy opportunity.
      1640 Cheyenne Ave, Loveland, CO 80538
      View Details
    • $599,900
      2,963 SF

      Loveland Multifamily Property with ADU

      Multifamily property featuring a finished basement ADU for flexible living.
      4774 Degas Dr, Loveland, CO 80538
      View Details
    • $1,060,000
      4,736 SF

      Loveland Fourplex Investment Opportunity

      Fully rented fourplex in Loveland near amenities and commuter routes.
      414 Mulberry Dr, Loveland, CO 80538
      View Details
    • $980,000
      4,656 SF

      Highway Frontage Commercial Building

      4,656 SF building on 1.22 acres with highway frontage.
      1325 S Saint Louis, Loveland, CO 80537
      View Details
    • $1,195,000
      5,000 SF

      West Loveland Acreage with Water

      52.62 acres in West Loveland with water rights.
      W Highway 34, Loveland, CO 80537
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Last available golf course lot in Mariana Butte neighborhood.
    Where is this residential land & home lot located?
    The property is located at 4692 Mariana Hills Cir Loveland, CO.
    What is the asking price?
    The asking price for this property is $347,300.
    What are key features of this property?
    This property features: Last available lot in Mariana Butte and one of the few remaining golf course lots in Loveland.; Enjoy Unobstructed panoramic views of the Mariana Butte golf course and Hogback Ridge.; No metro tax.
    (970) 443-5034
    We can help!
    Listing Contact
    Tara Moreno
    Real Estate License ID: 100041810
    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
    4692 Mariana Hills Cir, Loveland, CO 80537
    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!