Golden Development Land
SOLD!
16590 W 12th Place, Golden Co 80401
1.93 Acre parcel with existing home situated within an area of robust economic activity undergoing transition and re-development.
![07_1 aerial view](https://coloradoluxuryranchandland.com/wp-content/uploads/2019/06/07_1-1024x768.jpg)
The property lies within unincorporated Jefferson County in an area immediately east of the corporate limits of the City of Golden, Colorado know as Pleasant View & Range View Acres . The property currently is zoned R2 and is a collection of four divided lots which could each be improved within this zoning designation providing the opportunity for as many as 4 duplexes or 8 total units. The Master Plan for this area is designated “Neighborhood Commercial/R&D/Light Ind/Mixed Use”, which could provide a much broader variety of potential development opportunities.
The surrounding neighborhoods are experiencing a robust period of development and growth with many vacant parcels being developed in to upscale multi-family duplex units selling in the upper $600s in to the $700s. In other instances older homes are being acquired and demolished to re-establish the lot lines and allow for renewal.
![MLS Markers map view](https://coloradoluxuryranchandland.com/wp-content/uploads/2019/06/MLS-Markers-1.png)
The existing 3 bedroom/2 bath home originally built in 1980 has been very well maintained and updated. It can make for a fantastic residence or rental while development plans are designed and pursued or for a long term hold while the property value continues to appreciate while the surrounding area is developed.
![o-15_1 copy aerial view](https://coloradoluxuryranchandland.com/wp-content/uploads/2019/06/o-15_1-copy-1024x756.jpg)
Neighboring properties are currently being built upon and marketed with high end modern and trending duplex units selling from the high $600s to $700s. Newer commercial and shopping districts continue to expand to the west.
![o-07_1 copy aerial view](https://coloradoluxuryranchandland.com/wp-content/uploads/2019/06/o-07_1-copy-1024x721.jpg)