8201 W 51st Ave, Arvada, CO 80002

$499,500 Asking Price

3 beds
1 bath
920  sqft
Built in 1914

Discover the potential of this prime 20,891 sq. ft. lot zoned R-2, ideal for residential development. Whether you envision a single-family home, multiple single-family homes, or multi-units (rezoning), this lot offers the flexibility to create your vision. You could also keep the cute house the way it is and have a great home with TONS of storage for all your toys! Buyers are advised to conduct their due diligence to explore all possibilities. The property includes a 920 sq. ft. home, a garage, and some storage units that come with the property, but we think the actual value lies in the land itself. This is also an incredible opportunity to build your dream home on a remarkable piece of land. The lot feels very private, but the access to excellent retail and I-70 is close, which gives you great access to the mountains, old Arvada retail, downtown, DIA, etc. The seller might like a rent-back arrangement, which could benefit the buyer, providing time to finalize development plans. Take advantage of this rare opportunity with endless possibilities that only come around occasionally!

Features & Amenities

Interior

Heating:
true, Forced Air

Exterior

Style:
Ranch

Construction

Roofing:
Composition
General:
Wood Siding, 1

Location

Originating MLS:
REcolorado
School District:
Jefferson County R-1
County:
Jefferson

Lot

Zoning:
R-2, SECTION 14 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 636600 SUBDIVISIONNAME RHODES BLOCK 00B LOT SIZE: 20891 TRACT 008 VALUE: .480

Utilities

Sewer:
City Sewer, Public Sewer

Financial

Source:
REcolorado
Exclusions:
personal property

This listing courtesy of:
RE/MAX of Cherry Creek, Leo Rowen

About Arvada, CO

Housing

Number of Units
59,740
Median Home Value
$442,673
Median Rent
$1,338

25.52% of housing units are renter occupied.

3.19% are vacant.

Commute

Car
59.65%
Public Transportation
1.63%
Walk to Work
0.70%
Work from Home
37.28%
Other
0.57%

The median travel time to work is 19 minutes.

People

Population
140,555
Median Age
39.20
Median Household Size
2.69

Education

High School
22.26%
Associate’s Degree
8.07%
Bachelor’s Degree
28.04%
Graduate Degree
14.95%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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