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$450,000
Est. payment /mo
3,049 Sqft Lot
UPDATED:
08/27/2024 06:15 PM
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision South Main
MLS Listing ID 7280874
Condo Fees $125
HOA Fees $125/ann
HOA Y/N Yes
Originating Board recolorado
Annual Tax Amount $5,614
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 72' x 40'
Property 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.
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.
Location
State CO
County Chaffee
Zoning Residential mixed
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected
View Mountain(s)
Garage No
Building
Sewer Public Sewer
Water Public
Schools
School District Buena Vista R-31
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by South Main Realty • sara@southmainco.com
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