Wheat Ridge, CO 80033,8075 W 32nd AVE
Wheat Ridge, CO 80033,8075 W 32nd AVE
Wheat Ridge, CO 80033,8075 W 32nd AVE
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Joe Alvine

Joe Alvine

LIV Sotheby's International Realty

+1(970) 763-8683
$1,395,000
Est. payment /mo
3 Beds
2 Baths
4,005 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,005 sqft

Price per Sqft $348

Subdivision Bel Aire/ Hillcrest H-2406

MLS Listing ID 4240274

Style Traditional

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 2,059

Year Built 1953

Annual Tax Amount $3,711

Tax Year 2024

Lot Size 0.940 Acres

Acres 0.94

Property Sub-Type Single Family Residence

Source recolorado

Property Description

Charming Story Book estate on 0.946 acres in Wheat Ridge, once part of the Henry Lee Farm, presents an exceptional development opportunity with immediate income from current tenants (lease through April 2026). This unique property offers unmatched privacy and space for luxury living while providing future flexibility for perhaps a guest house, in-law suite, or additional residences fulfilling your dreams. In addition, this home features radiant heated hardwood flooring, newer roof, newer bath with granite features, newer furnace/hot water heater, Pella windows, heated garage, and an abundance of storage. This prime urban infill property is zoned R-2, allowing for single-family homes, duplexes, and accessory dwelling units (ADUs). It boasts dual street access (32nd/33rd Avenues) with utilities including an active 2nd sewer tap ready to use. Strategically located just 1.9 miles from I-70/I-76, 6 miles from downtown Denver, and 24 miles from DIA, with convenient access to transportation, bike trails, and Crown Hill Park nearby. The property is adjacent to the exciting 100-acre Lutheran Legacy Campus redevelopment project, which includes an approved master plan for parks, trails, and walkable streets that enhance neighborhood amenities. Comparable 1-acre properties have sold for $1.1M to $1.8M since 2022. This rare convergence of established rental income, developable land, 2 street access, great location and R2 zoning offers a unique investment opportunity that transcends typical market transactions. This property maximizes zoning in an area where land commands premium pricing. It's ideal for those seeking the rare Story Book style house on a big lot, developers seeking significant projects or investors with a knack for identifying emerging opportunities amid Colorado's continued growth and limited urban land availability, driving strong demand for quality residential developments in established neighborhoods. 24hr notice to schedule showings.

Location

State CO

County Jefferson

Zoning R-2

Rooms

Basement Finished, Unfinished

Main Level Bedrooms 1

Interior

Heating Hot Water

Cooling None

Flooring Wood

Fireplaces Number 2

Fireplaces Type Basement, Electric, Living Room

Fireplace Y

Appliance Dryer, Oven, Refrigerator, Washer

Exterior

Parking Features Heated Garage

Garage Spaces 3.0

Roof Type Composition

Total Parking Spaces 3

Garage Yes

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Block,Frame,Stucco

Schools

Elementary Schools Stevens

Middle Schools Everitt

High Schools Wheat Ridge

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, Jumbo

Listing Terms Cash, Conventional, Jumbo

Special Listing Condition None


Read Less Info
REColorado (REColorado MLS)
Listed by Slifer Smith and Frampton Real Estate

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8075 W 32nd AVE

agent
Colorado Mountain Living - Joe Alvine

+1(970) 763-8683 | joe@coloradomtnliving.com

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