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Home » Real Estate » CO » Buena Vista » 81211 » 1025 River Park Rd, Buena Vista, CO, 81211
$450,000

1025 River Park Rd, Buena Vista, CO, 81211

Located in the critically acclaimed South Main neighborhood, this lot is within walking distance of all that downtown Buena Vista has to offer and will be 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 approved architectural drawings (buyer may use or may not use) for a 3 bed/3.5 primary residence + 1 bed/1 bath guesthouse. 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.
Offered By
Sara Anderson sara@southmainco.com, South Main Realty

Property Details

Property Type Land
Status Active
Property Sub Type Unimproved Land
MLS # 7280874

Market Trends

New Properties On Market
4
69% Decrease In New Listings
Average Asking Price
$1,093,125
$371,049 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$313
$51 Decrease In List Price/Sq. Ft.
Average Days On Market
11
18 Day Decrease In Days On Market
Data as of Nov 15, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 9/19/2024 at 7:44 pm