970.222.1020
 | 
Login Account
 | 
Sign Up
Home » Real Estate » CO » Fort Collins » 80526 » 1304 W Prospect Rd, Fort Collins, CO, 80526
$2,000,000

1304 W Prospect Rd, Fort Collins, CO, 80526

3 Beds
1 Bath
1,582 Square Feet
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)
Offered By
Michael Jensen 9702228136, Fort Collins Real Estate, LLC

Property Details

Property Type Residential
Status Active
Bedrooms 3
Bathrooms (Full) 1
Property Sub Type Residential-Detached
Square Feet 1,582
MLS # 1036287

Market Trends

New Properties On Market
66
43% Increase In New Listings
Average Asking Price
$572,075
$24,633 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$281
$30 Increase In List Price/Sq. Ft.
Average Days On Market
7
20 Day Decrease In Days On Market
Data as of Jul 01, 2025. Remaining statistics above are calculated on activity within the period from May 01, 2025 to Jun 30, 2025.

Mortgage Calculator
The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.


Purchase Price
Loan Type
Down Payment
HOA Dues
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
Private Mortgage Insurance

Similar Listings

4789 W County Road 38e, Fort Collins, CO 80526 Listing Photo  1
$1,950,000
4789 W County Road 38e
Fort Collins, CO
8 Beds
|
10 Baths
|
6,060 Square Feet
Offered By Alan Evans Bliss Realty Group
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. © 2025 IRES. Property data was last updated on 6/23/2025 at 5:58 pm