Expansive Lot in Applewood | 1635 Taft St

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  • $1,500,000
  • Property Type: ,
  • Beds: 4
  • Baths: 2
  • Sq Ft: 1,485
  • Lot Sq Ft: 60,113

Discover the potential of this prime 60,200 sq. ft. lot (1.382 acres) zoned R-2, ideal for residential development. Whether you’re envisioning multiple duplexes or several single-family homes, this lot offers the flexibility to create a community similar to the established neighborhood to the south, which features eight single-family homes surrounding a cul-de-sac. Preliminary feedback suggests that four duplexes or eight single-family homes could be built here, but buyers are advised to conduct their due diligence to explore all possibilities. Currently, the property includes a 1,485 sq. ft. home and a substantial garage with living quarters above it, but the true value lies in the land itself. This is also an incredible opportunity to build your dream home on a remarkable piece of land. The seller prefers a rent-back arrangement, which could be beneficial for the buyer, providing time to finalize development plans. Don’t miss out on this rare opportunity with endless possibilities that only comes around occasionally!

Price: $1,500,000
Address:1635 Taft St
City:Lakewood
County:Jefferson
State:CO
Zip Code:80215
Subdivision:Applewood
MLS:8304149
Square Feet:1,485
Lot Square Feet:60,113
Bedrooms:4
Bathrooms:2
Garage:10 Spaces, Detached

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