$450,000
For Sale

1025 River Park Road

Buena Vista, CO 81211
Listing OfficeSouth Main Realty
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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.

  • Property Details
      • ViewMountain(s)
    • Measurements
      • Acres0.07
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Natural Gas Available, Sewer Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionSouth Main
    • Location
      • School DistrictBuena Vista R-31
      • CountyChaffee
  • Financial Details
      • Original List Price$420,000
      • Taxes Annual$5,614
    • HOA
      • Hoa Fees125.94
      • Hoa1
  • Other
      • MLS #7280874

Location

Jack Torres | THE TORRES GROUPReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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