988 Pumping Plant Rd Aka Gcr 64, Grand Lake, CO 80447

$1,600,000
9
BD
10
BA
1,863
SqFt

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List Price
$1,600,000
Price Change
▼ $350,000 1784668396
Days on Market
74
Status
ACTIVE
MLS#
26-602
Bedrooms
9
Bathrooms
10
Full Baths
5
Half Baths
5
Living Area
1,863
Lot Size (Acres)
0.98
Year Built
1977

Property Description

A rare 0.98-acre property at the north end of Lake Granby with expansive south-facing views across the water. The property includes two residences: a two-bedroom, Two-bath rental home with a full kitchen, living room and dining area, plus a four-bedroom home with 1.5 baths, a full kitchen, living room and dining room. Three additional cabins each offer electricity, running water, a full kitchen and seating area, but no private bathrooms. A separate bathhouse provides men's and women's toilets and showers. Existing infrastructure includes 3 water taps and 4.25 sewer taps, adding flexibility for continued use, renovation or future redevelopment. A buyer may explore subdividing the property into three individual homesites, developing a multi-family concept, or preserving and improving the existing cabin structures for continued use. The property has multiple residential improvements, including two larger single-family structures and several smaller cabin-style buildings. Multi-family housing could serve a clear market need, while three individual lakefront homes would likely command premium pricing given the scarcity of buildable lake-front property and the strength of lifestyle-driven demand around Lake Granby. For a developer, builder, investor, or long-range landholder, this is the type of property where the value is not limited to what exists today. The real opportunity is in the next use: lake-front residential, small-scale multi-family, or a refreshed cabin compound in one of Grand County's most recognizable recreation corridors. Buyer to verify zoning, allowable uses, density, subdivision potential, tap status, tap transferability, utility fees, building requirements, and all development approvals with Grand County, Three Lakes Water & Sanitation District, and applicable agencies.

Additional Information

Area
Grand Lake Area
Subdivision
LAKE FOREST
Taxes
$8,281
Subdivision
LAKE FOREST
Lot Size
42,688
Baths Half
5
Living Area
1,863
Baths Full
5

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: John Sanderson from Listing Office: Re/Max Peak to Peak.

Listing data provided by Grand County BoR MLS as of . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.