627 Little Prospect Rd
Estes Park, CO 80517

Summary:

   Colorado Opp. Zone:             Census Tract 002802
   Sale Price:                               $1,695,000  ($117,545 / ac)
   Acreage (total)                      14.42 AC
   Proposed Use:                        Residential
   Current Density:                    1 d.u. / 2.5AC
   Future Zoning:                       1 d.u. / 0.5 - 1.5 AC
 
Investment Highlights:

   - Shovel-ready for opportunity-zone investment with horizontal infrastructure under construction and/or adjacent to site.
   - Located in Estes Park, CO next to Mary’s Lake and a 5-minute drive to Rocky Mountain National Park (RMNP) plus historic attractions
   - Build 1 to 5 units over time; All gains at future sale date(s) are tax-free
   - 4.5 million visitors to/through RMNP annually, up from 3.0 million in 2010
   - “Top 5” Retirement Towns in Colorado (2023)
   - Gentle, South-facing slope with gorgeous views to Mary’s Lake, Lily Mountain, and beyond.

This is an incredible opportunity unlike any other in Colorado to purchase large-lot, residential acreage just outside of Rocky Mountain National Park. Size and zoning of parcel allows you to build your personal residence or business-oriented rental propert(ies).

Utilities present at property boundary such that any future improvements to infrastructure (i.e. paving, sewer, septic, and/or water) allows immediate fulfillment of the IRS’ well-established OZ precedent of “more than an insubstantial amount in land improvement” requirement.

Excellent location directly across the street from beautiful Mary’s Lake, on gentle South-facing slope, and with views to Lily Mountain (elev. 9,786’) and beyond. Located within unincorporated Larimer County and adjacent to Town of Estes Park; a 5-minute drive to RMNP entrance or 6-minutes from main street Estes Park (Elkhorn Dr.) See overview and character shots of the property for the beautiful granite outcroppings, old-growth pine trees, native vegetation and incredible wildlife.

For sale by local, current ownership