$850,000

1547 N Rocky View Road

Castle Rock CO, 80108

Description

Investment opportunity! This property has architectural and construction plans, permits, feasibility studies, zoning sign off and a complete proforma to be a 16 bed, 16 bath assisted living facility. Potential monthly cash flow over 30K by month 11 without the owners as staff. The well has been re-designated for commercial use at 30gpm. Plans include total remodeling of the house as well as water storage for fire sprinklers and complete septic replacement. Sprawling ranch with open floor plan, vaulted ceilings throughout, private entrance walkout basement with kitchen on 10+ acres. Great mountain views in the 600+ square feet sun/pool room with a hot tub and endless pool. The southern exposure is filled with windows for passive solar in the winter months. The 2 stall barn with water and electric can easily fit another stall or be converted to something else. Douglas County has indicated they will allow another house to be built if the property is subdivided.

Details

MLS#9905837
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1989
Days On Site139

Features

SQ Feet5,304
Story(s)1
ZoningRR

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Area Information

StateCO
CountyDouglas
CityCastle Rock
Zip Code80108
AreaDouglas
Listing VS Median (in 80108)
Price:
$850,000
low | high
Med:
$595,000
80% of Average
SqFt:
5,304
low | high
Med:
0
100% of Average
$ / SqFt:
$160
low | high
Med:
$0
100% of Average
On Site:
139
low | high
Med:
793
17.528373266078% of Average
Listing Updated: 11/12/2019
MLS Number: 9905837
Listing Provided By:
Karen McCauley  of  HomeSmart Realty Group