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Lakefront Estate Lot Opportunity
For Sale
$440,000

4953 West 1st Street, Loveland, CO 80537

Estate lot or development opportunity with lake frontage.

Property SizeContact for details
Days on Market135

Property Features for 4953 West 1st Street

General Information

Standard status Active
Property subtype Land / Mixed Use

Taxes and HOA fees

Annual Taxes $9,130
Listing Agency: LC Real Estate Group, LLC
Listed By: Wayne Lewis · License #40043311
Source: Compass
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 16 at 7:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LC Real Estate Group, LLC

Investment Insights

Based on property information with market context.

This estate lot presents a development opportunity for 4 to 10 lakefront lots, featuring approximately 1,165 feet of frontage on Buckingham Lake. Recreational wakeless lake rights approval is in process. Annexed and zoned into the City of Loveland, the property allows for single-family home construction through a Planned Unit Development (PUD) approval. The location offers unobstructed views of Mariana Butte Natural Area, Boedecker Lake, the foothills, and Longs Peak. The lake has an abundance of mature fish. Elk, eagles, and other wildlife frequent the lake. An abundance of recreational opportunities are close by, along with city amenities and highway access. Little Thompson Water District water tap is available in the street, or the City of Loveland can provide water for development. The estimated cost to develop 10 lakefront lots, including water dedication, is approximately $150,000 per lot. Market survey of resale paired homes with lake frontage in the immediate area from $910,000 to $1,100,000. Buckingham Lake and Boedecker Lake lot sales ranging between $575,000 to $800,000 on 0.47 acre to 1.10 acres, approximately $16.70 - $32.19/SF.

Key Highlights

  • Enjoy 360‑degree water views of Buckingham Lake.
  • Development opportunity for 4‑10 lakefront lots with approximately 1,165 feet of frontage.
  • Excellent land value supported by comparable lakefront lot sales ranging from $575,000 to $800,000.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby

Demographics for 80537, CO

43,603
Population
20,314
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
122.4 sq mi
ZIP Area
356
Density / Sq Mi
$83,746
Median Household Income
$44,448
Median Earnings
$1,630
Median Rent
$460,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Estate lot or development opportunity with lake frontage.
Where is this residential land & home lot located?
The property is located at 4953 West 1st Street Loveland, CO.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Enjoy **360‑degree water views of Buckingham Lake**.; Development opportunity for 4‑10 lakefront lots with approximately 1,165 feet of frontage.; Excellent land value supported by comparable lakefront lot sales ranging from $575,000 to $800,000.
More about this property
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