Land for sale

Overview

UNIQUE BUILDING OPPORTUNITY! 18, 000 SF lot for sale- You rarely see a lot this size for sale in Denver anymore. It fits all zoning requirements to be split into two 9, 000 SF lots- Still extra large compared to the 6250 SF and 7500 SF lots most common in Observatory Park. POSSIBILITIES: You could knock down the house and finalize the lot split and sell both lots for the neighborhood market value ($1, 250, 000-$1, 350, 000) 2) Split the lot into two 9, 000 SF lots, build for yourself on one side and sell the other. 3) Split the lot and build 2 new luxury spec homes on one of Denver's prettiest streets for huge profit potential. 4) Do some updates and live in this charming 1952 home with 5 bedrooms and 4 baths. 5) or build 1 huge luxury home on this gorgeous oversized lot for yourself or a custom client. The new home sales in Observatory Park have an average sold price of $3.3M. This portion of Jackson Street is often described as a country lane in the city. The cottonwood tree-lined street has no cross streets and a permanent exemption from sidewalk requirements. There's already a temporary 2nd address from the city; a survey showing all information the city needs to sub-divide; asbestos testing results and certificate showing all interior asbestos was removed. The lot has 2 curb cuts and 2 gates, a newer water line and a new circular driveway that can easily be modified to be reused for 2 new homes. There's a privacy fence in the backyard and original stately wrought iron fencing around the front. A 2 year old home down the street recently sold for $3.245M on a slightly smaller lot. Observatory Park's highest price sale is $5.396M. The median price per square foot for homes built since 2021 was $859 PSF above ground and $578 PSF total - sod in a median of 36 days. Observatory Park is a premier Denver neighborhood with 2 parks and a great location right between downtown Denver and the Denver Tech Center. This property is ready for redevelopment@an amazing price! For more details and to contact: https://realtyww.info/land-lots_denver-d523436/for-sale_i69102142

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