400 3 St Hayden, CO 81639
- Land
- 51.00 lot acres
Current Use by Public Records
- Land
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.
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
- Hayden
- County
- Routt
- State
- Colorado
- Longitude
- -107.263
- Latitude
- 40.4902
