Property Details for 400 3 St

Lot size

51.00 lot acres

Property type

Land

Description

This exceptional 51-acre parcel in Hayden, Colorado, presents a unique opportunity for residential development. Located at 400 S 3rd St, 81639, this property boasts significant advantages, including pre-existing entitlements, making the planning process significantly smoother. The land, platted over a century ago, includes substantial water rights (3.00 C.F.S.), a crucial asset for negotiating future tap fees and ensuring a sustainable community. Its prime location is highlighted by its designation as the #1 priority for residential growth in the Hayden Master Plan, placing it within walking distance of town amenities and directly across from the new Pre K-12 Hayden School. Ingress and egress are readily accessible, minimizing development challenges. A local consulting firm has even deemed this parcel "The Crown Jewel of Hayden." The asking price of $10,122,000 represents a significant value, especially considering a recent comparable sale of a less advantageous parcel at a much higher price per acre. The property's versatility allows for diverse development options, including single-family homes, duplexes, triplexes, and live-work units. Its proximity to the Yampa Valley Regional Airport (3 miles) and Steamboat Springs (25 miles) further enhances its appeal. This is a rare chance to create a thriving community in a rapidly growing area. The land's value is $199 per acre.

Location Insight

City

Hayden

County

Routt

State

Colorado

Longitude

-107.263

Latitude

40.4902