Development Land in Douglas County, Colorado


Posted By:	Steven Ketcham, Littleton, Colorado, United States
Click to contact: Steven Ketcham, Littleton, Colorado, United States

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The details of the land is listed below.
Auction Date:
Address:	Roxborough Park Drive @ Roxborough Park Road
City:	Littleton
County:	Douglas
State & Zip:	Colorado, 80125
Property Type:	Land
Bedrooms:
Bathrooms:
Year Built:
Building Area:	sqft
Land Use:	Development
Land Area:	11.21 Acres
Price:	1,650,000 USD
Terms:	Others
Contract Status:	For Sale
Description:	ROXBOROUGH PARK GOLF COURSE COMMUNITY What is the best strategy for new residential development in this market? Target the fastest growing segment of the real estate market and offer view amenities unique to the Denver metroplex. Consider the competitive advantage of a 11 acre “active adult” patio home parcel that offers views of downtown Denver, Roxborough State Park, Rampart Reservoir, Arrowhead Golf Course, and panoramic open space in all directions. Why compete with dozens of developments that offer the typical residential product found throughout metro Denver when there is a competitive advantage in developing an active adult patio home community with a setting like this? With the market softening as we head into 2009, this kind of development will be insulated from the uncertainties of the broader market. Baby boomers account for 21[%] of the new home market. The site will accommodate 40-55 patio homes, townhouses, or flats in attached configuration. There is a captive market in Roxborough Park, a golf course community thirty years of age with a significant portion of this custom and semi-custom development that is looking to transition to low or no maintenance living. The location is well suited for an upscale product. Water and sewer and all other services are adjacent to the site. The $1.5 million dollar Roxborough Park community center (walking distance) was completed last year. Contact me if you would like more information on this property, priced at $3.38/SF. Steve Ketcham 303.971.0529 roxlodges@q.com
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NOTES: THIS OFFERING IS SUBJECT TO ERRORS, OMISSIONS, PRIOR SALE OR WITHDRAWAL WITHOUT NOTICE.

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