3364 Bald Mountain Rd Central City, CO 80427

Property Details for 3364 Bald Mountain Rd

Lot size

300.00 lot acres

Property type

Land

Description

This exceptional 300-320 acre parcel presents a unique investment opportunity in the thriving Central City/Black Hawk area of Gilpin County, Colorado. Located at 3364 Bald Mountain Rd, Central City, CO 80427 (APN 183510300002), this property boasts the largest contiguous land parcel available, offering significant development potential. The land is zoned PUD (MDR - RCE) and comes with an existing Development Agreement, although updates may be required. This agreement outlines a concept plan encompassing over 600 residential units, a hotel site, and various commercial uses, catering to the area's high demand for housing and supporting the existing gaming and hospitality sectors. The property's strategic location offers easy access to the bustling Central City/Black Hawk gaming community, while its adjacency to Bureau of Land Management (BLM) land provides expansive open space and recreational opportunities, including mountain biking, hiking, and cross-country skiing. The area's current population of 957 residents, 625 housing units, and a daytime population of 2,925, coupled with a significant influx of commuters from Denver, underscores the urgent need for additional housing and supporting infrastructure. The asking price is $8,150,000, translating to a land value of $25,468 to $27,166 per acre. This property is individually owned and represents a rare chance to shape the future of this dynamic Colorado community. The property is ideal for a variety of uses including hospitality, wedding venues, workforce housing, and retail establishments. Ten minutes from downtown Central City.

Location Insight

City

Central City

County

Gilpin

State

Colorado

Longitude

-105.537

Latitude

39.8065