Lakeview Dr Basalt, CO 81621
- Commercial real estate
- 0.14 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Lakeview Dr
- Lot size
- 0.14 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Basalt
- County
- Eagle
- State
- Colorado
- Longitude
- -107.034
- Latitude
- 39.3656
