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For sale
  • $2,000,000

    1304 W Prospect Rd, Fort Collins, CO 80526

    3beds
    1,582sqft
    : 
    Residential-Detached, Residential
    Built in 1947
    1.59 Acres Lot
    $1,903,400 Zestimate®
    $1,264/sqft
    $-- HOA

    What's special

    Abuts a school
    Incredible In-Fill Development or Redevelopment Opportunity located less than a 1/2 mile from the Colorado State University campus near Prospect & Shields. This expansive 1.59 acre parcel is perched nicely on a gradually sloping lot that would offer some really great mountain views to the West (if 2 story), possibly even walk out or garden level units. Abutting a natural canal area to the West, it offers a roomy and calming natural area feel. Also abuts a school to the North of the Property, ideal for new townhomes or condos in this great near CSU location. Quick sketch concept plans shows that up to 19 townhomes could be built here on this single lot! Would be a great Townhome resale product offering, or you could build out this project and lease the units to Undergrad and Graduate students at CSU, a need that had not been met or delivered for many years! Please contact Listing Broker for an introduction to a local architect that has additional information on the current LMN zoning, potential land uses, and development potential here. Plenty of space for 1 and even 2 car garages and very good sized dwelling units to meet the market. Other product types and offerings could potentially also be developed here as well. Existing ~1,500 sqft adobe style home currently exists on the property that was built in 1947 and has several uses that could contribute additional value; use it as additional unit(s), make it a common amenity clubhouse, or make it an outlot and keep the home that is worth ~$650K+ stand alone. Also includes 3 detached garage/shop/outbuildings (1,157 sqft total) that are 21' x 20', 20' x 10', & 28' X 17'. Builders and Developers might consider a modern Santa Fe, or Modern Adobe concept to the project to complement the existing house? Additional land parcels could possibly be added to the West (PLEASE CONTACT BROKER WHO IS WORKING ON THAT), possibly increasing the total size of this potential project too! (No guarantees of this express nor implied)
    61 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: June 10, 2025 at 11:26am

    Listed by:

    Michael Jensen 970-222-8136,

    Fort Collins Real Estate, LLC

    Source: IRES,MLS#: 1036287MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1304 W Prospect Rd.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 3
    Primary bedroom
    • Area: 180
    • Dimensions: 15 x 12
    Bedroom 2
    • Area: 182
    • Dimensions: 14 x 13
    Bedroom 3
    • Area: 144
    • Dimensions: 12 x 12
    Kitchen
    • Area: 210
    • Dimensions: 15 x 14
    Living room
    • Area: 420
    • Dimensions: 21 x 20
    Heating
    • Forced Air
    Appliances
    • Included: Electric Range/Oven, Dishwasher, Refrigerator
    Features
    • Separate Dining Room
    • Flooring: Wood
    • Windows: Window Coverings
    • Basement: None
    Interior area
    • Total structure area: 1,582
    • Total interior livable area: 1,582 sqft
    • Finished area above ground: 1,582
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    • Details: Garage Type: Detached
    Features
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Lighting
    • Fencing: Partial
    • Has view: Yes
    • View description: Mountain(s), Hills
    Lot
    • Size: 1.59 Acres
    • Features: Curbs, Gutters, Sidewalks
    Details
    • Parcel number: R0087866
    • Zoning: LMN
    • Special conditions: Private Owner
    • Horses can be raised: Yes
    • Horse amenities: Barn

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential-Detached, Residential
    Materials
    • Block, Stucco, Concrete
    • Roof: Other,Flat
    Condition
    • Not New, Previously Owned
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Electric: Electric, City of FTC
    • Gas: Natural Gas, Xcel
    • Sewer: City Sewer
    • Water: City Water, City of FTC
    • Utilities for property: Natural Gas Available, Electricity Available, Trash: City of FTC

    Community & HOA

    Community
    • Subdivision: Maxfield
    HOA
    • Has HOA: No
    Location
    • Region: Fort Collins

    Financial & listing details

    • Price per square foot: $1,264/sqft
    • Tax assessed value: $698,700
    • Annual tax amount: $4,138
    • Date on market: 6/9/2025
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt
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