$350,000
Lakewood, CO 80214
- 0.29 Acres
- Jefferson County
Key Features
- Property Type: Land
- Status: Active
- MLS® ID: 6416510
- Lot/Acreage: 0.29
- County: Jefferson
- Neighborhood: Grandview Acres
Exterior Details
- Zoning: R2
- Sewer: City Sewer, Public Sewer
Description
LOCATION! Just 1 mile to Sloan's Lake and Edgewater Public Market & Shopping! Build 2 single family homes ~ $2.5M - $3.0M or a duplex, valued @ $2.2M - $2.5M!
This vacant lot = RED outline shows you can build 2 units ('3' and '4')*The Yellow Lot, Lots 1 & 2 - 7031 W. 20th Ave - is also for sale for $699,900 AND includes a single family home PLUS the buildable single family lot on North part of lot**Per R2 zoning AND City of Lakewood 11/15/2023 written communication to Owner, you are allowed to build 2 single family, stand alone houses by a simple legal process to 'condominiumize' the lot**Per REALIST/Public Record, 7051 W. 20th Ave (just 2 lots to West) sold for ~ $862,500 on 6/23/2023 - and it was only 1,648 sq.ft. above grade and 1,648 in basement, a relatively small home. So you absolutely can build 2 larger, more valuable $1M+ homes EACH - up to $3M total value**or stay smaller too! Of the 2 homes to be built, you'd have City Views on '3' b/c of a secluded wooded area in back + separation from Geneva Court to the North because of a public water ditch and green space.**Build a Walk-Out Basement to increase your value and functionality, because it is perfectly sloped for a natural build-out!***In lieu of 2 stand alone homes, you are allowed to build a duplex like the neighbor directly West on 2020 Teller Street (1 block over), which per Realist/Public Record SOLD for $1,100,000 on 6/02/2023 @ $369/foot***2020 Teller Street shows as expired but actually sold - check Realist/Public Record.
*UNIQUE OPPORTUNITY: You can also BUY ADJACENT 7031 West 20th Ave property & build THREE (3) single family, (all detached) homes + owning the existing 100% REMODELED home to offset costs AND/OR live in while developing! It has 2 kitchens, 2 washer/dryers, 2 living spaces, 2 baths = PERFECT Land Cover Play! When finished, sell off 3 and keep one FREE & CLEAR or keep one as investment, etc., etc. You can do what you want! Hurry, this unique opportunity will go soon!
Location
- Address: 7025 W 20th Ave Lakewood CO 80214
- City: Lakewood
- State: CO
- Zip: 80214
Sheridan and 20th, go west approx 1.2 miles to lot on right (North) side.
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Listing # Courtesy of Patrick Finney of CJV Real Estate. Last Updated: May 3, 2024.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.