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Home » Real Estate » CO » Arvada » 80002 » 8201 W 51st Ave, Arvada, CO, 80002
$550,000

8201 W 51st Ave, Arvada, CO, 80002

Discover the potential of this prime 20,891 sq. ft. lot zoned R-2, ideal for residential development. Whether you envision a single-family home, multiple single-family homes, or multi-units (rezoning), this lot offers the flexibility to create your vision. You could also keep the cute house the way it is and have a great home with TONS of storage for all your toys! Buyers are advised to conduct their due diligence to explore all possibilities. The property includes a 920 sq. ft. home, a garage, and some storage units that come with the property, but we think the actual value lies in the land itself. This is also an incredible opportunity to build your dream home on a remarkable piece of land. The lot feels very private, but the access to excellent retail and I-70 is close, which gives you great access to the mountains, old Arvada retail, downtown, DIA, etc. The seller might like a rent-back arrangement, which could benefit the buyer, providing time to finalize development plans. Take advantage of this rare opportunity with endless possibilities that only come around occasionally!
Offered By
Leo Rowen leo@rowenrealty.com,303-521-0360, RE/MAX of Cherry Creek

Property Details

Property Type Land
Status Active
Property Sub Type Unimproved Land
MLS # 5999108

Market Trends

New Properties On Market
23
156% Increase In New Listings
Average Asking Price
$683,614
$82,974 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$348
$150 Decrease In List Price/Sq. Ft.
Average Days On Market
20
34 Day Decrease In Days On Market
Data as of Sep 23, 2024. Remaining statistics above are calculated on activity within the period from Jul 01, 2024 to Aug 31, 2024.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 9/14/2024 at 11:16 pm