$2,500,000
For Sale

1301 Eagle Glen Drive

Steamboat Springs, CO 80487
Listing OfficeCompass - Denver
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This is a rare and remarkable opportunity to develop in one of Steamboat Springs' most coveted zones. This ready to build lot is one of the last remaining build sites in the Green Zone, the only area in Steamboat that allows short-term rentals, including Airbnbs. Just three-minutes to the gondola, this prime location offers unbeatable access to skiing, restaurants, and the vibrant après-ski scene. What makes this opportunity truly exceptional is that construction can begin the moment you close. Permits and architectural plans are fully paid and approved, and utilities including water, gas, electric, and transformer installation are already completed. The included renderings showcase a thoughtfully designed, luxury multi-unit build totaling over 12,500 square feet. With construction costs estimated around $400 per square foot, the total build is projected to be around $7.5 million. Comparable new developments in the area are selling for $1,000-$1,200 per square foot, offering a projected resale value of $12.5 million or more, leaving significant profit potential on the table. Whether you’re a developer seeking your next winning project or an investor looking for passive income and long-term appreciation, this property delivers. The current design offers three high-end residences, providing flexibility to keep one unit as a private mountain retreat, use another as a high-income Airbnb, and sell the third for an immediate return. With its strategic location, fast-track build readiness, and strong upside, this is more than just land, it’s a launchpad for lasting value in one of Colorado’s most iconic destinations.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Lot DescriptionNear Public Transit, Near Ski Area
      • School DistrictSteamboat Springs RE-2
      • SubdivisionChadwick Flats F3
      • Property SubtypeImproved Land
      • Sewer InformationPublic Sewer
      • ViewMountain(s)
      • Original List Price$2,500,000
      • Property TypePurchase
      • Taxes Annual$11,380
      • MLS #3184231
      • Cost2500000
      • MLS #3184231
      • Utility SourcePublic
      • CountyRoutt
      • Acres0.32

Location

Dustin Wager | Legends Real EstateReal Estate Group
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