1304 W Prospect Road, Fort Collins, CO 80526
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
Listed by:michael jensen9702228136
Office:fort collins real estate, llc.
MLS#:IR1036287
Source:ML
Price summary
- Price:$2,000,000
- Price per sq. ft.:$1,264.22
About this home
Incredible In-Fill Development or Redevelopment Opportunity located less than a 1/2 mile from the Colorado State University campus near Prospect & Shields. This expansive 1.59 acre parcel is perched nicely on a gradually sloping lot that would offer some really great mountain views to the West (if 2 story), possibly even walk out or garden level units. Abutting a natural canal area to the West, it offers a roomy and calming natural area feel. Also abuts a school to the North of the Property, ideal for new townhomes or condos in this great near CSU location. Quick sketch concept plans shows that up to 19 townhomes could be built here on this single lot! Would be a great Townhome resale product offering, or you could build out this project and lease the units to Undergrad and Graduate students at CSU, a need that had not been met or delivered for many years! Please contact Listing Broker for an introduction to a local architect that has additional information on the current LMN zoning, potential land uses, and development potential here. Plenty of space for 1 and even 2 car garages and very good sized dwelling units to meet the market. Other product types and offerings could potentially also be developed here as well. Existing ~1,500 sqft adobe style home currently exists on the property that was built in 1947 and has several uses that could contribute additional value; use it as additional unit(s), make it a common amenity clubhouse, or make it an outlot and keep the home that is worth ~$650K+ stand alone. Also includes 3 detached garage/shop/outbuildings (1,157 sqft total) that are 21' x 20', 20' x 10', & 28' X 17'. Builders and Developers might consider a modern Santa Fe, or Modern Adobe concept to the project to complement the existing house? Additional land parcels could possibly be added to the West (PLEASE CONTACT BROKER WHO IS WORKING ON THAT), possibly increasing the total size of this potential project too! (No guarantees of this express nor implied)
Contact an agent
Home facts
- Year built:1947
- Listing Id #:IR1036287
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,582 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1947
- Building area:1,582 sq. ft.
- Lot area:1.59 Acres
Schools
- High school:Rocky Mountain
- Middle school:Blevins
- Elementary school:Bennett
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$1,264.22
- Tax amount:$4,138 (2024)
Based on information submitted to the MLS GRID as of August 1, 2025 02:21 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.New listings near 1304 W Prospect Road
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