Buena Vista, CO 81211,River Park RD
Buena Vista, CO 81211,River Park RD
$470,000
Est. payment /mo
$489,000
3.9%
Est.Price: ?

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3,484 Sqft Lot
SOLD DATE : 02/14/2024

Key Details

Sold Price $470,000

Property Type Vacant Land

Sub Type Improved Land

Listing Status Sold

Purchase Type For Sale

Subdivision South Main

MLS Listing ID 5048607

Sold Date 02/14/24

Condo Fees $125

HOA Fees $10/ann

HOA Y/N Yes

Originating Board recolorado

Annual Tax Amount $5,530

Tax Year 2023

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 72' x 50'

Property Description

Located in the critically acclaimed South Main neighborhood, this corner lot is within walking distance of all that downtown Buena Vista has to offer and will be directly across from a dedicated open space park. It is perfect for a custom home and can accommodate an ADU in addition to the main residence. The listing price includes stamped architectural drawings and engineering plans (buyer may use or may not use).

Please review the following information and reach out with any questions.
ARCHITECTURE: This lot is perfect for a custom residence. An ADU may be incorporated into the main structure or completed separately later. Front setbacks are 0 to 8 feet from the front lot line.

CONSTRUCTION: You must hire an architect from South Main’s approved list. Doing so will make meeting South Main’s architectural requirements easy and hassle-free. You must also hire a builder from South Main’s approved list. If you already have a builder, they may apply to become approved. While construction costs depend on many factors, we anticipate a range of $400-$500 per square foot. Construction must be completed within 2 years from closing.

PARKING: The architectural design for this lot must incorporate a minimum of 2 off-street parking spots.

OTHER: 1) South Main is currently exempt from many of BVs short-term rental regulations, making this lot a great option for anyone looking to offset their cost of ownership with short term rental income. We have extensive experience managing homes so can provide nightly rate and occupancy projections upon request. 2) South Main Realty has the exclusive right to manage this property if it is rented on a short-term basis. 3) Please read the attached statement from South Main’s Co-Founder, Jed Selby, prior to making an offer.

Location

State CO

County Chaffee

Zoning Residential mixed

Interior

Fireplace N

Exterior

View Mountain(s)

Garage No

Building

Lot Description Corner Lot, Open Space

Sewer Public Sewer

Water Public

Schools

School District Buena Vista R-31

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by South Main Realty • sara@southmainco.com
Bought with South Main Realty

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Bonnie Schwam

+1(719) 651-2916

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