Sold
Address
800 Waterglen Drive, Fort Collins, CO
Price
$ 299,000
Property Attributes
- MLS#IR1048247
- TypeSingle Family
- Listing Status Closed
- CountyLARIMER
- CityFort Collins
- NeighborhoodWaterglen PUD Rep 1
- Zip80524
- Style
- Year Built2004
- Taxes$ 5402
- Price$ 299,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1383
- Lot Size0.81 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Motivated seller not distressed. Looking for offer. Favorable zoning for future development and cash flow. This property presents a unique opportunity at the heart of the Waterglen community in North East Fort Collins. Set on the edge of the neighborhood, this existing clubhouse and pool offer a foundation for a variety of uses - whether continued as recreation amenities, reimagined as multi-family dwellings, daycare, small-scale commercial space, a value add multifamily development, or a community party center. Waterglen sits just a few miles east of the vibrant downtown, offering convenient access to city amenities while retaining a peaceful residential feel. Waterglen enjoys easy connectivity with nearby transit and local highways, making it accessible for employees, clients, or residents. The broader Fort Collins community is celebrated for its active lifestyle: a network of parks, miles of trails, access to the scenic outdoors, and proximity to the foothills of the Rockies offer lifestyle appeal for all ages. This property is especially compelling for those looking to create value through mixed use - from apartments or a daycare to professional offices, a community-oriented business, or cover the pool and rent year round for water recreation. All options fill a void in the current market. The existing infrastructure provides flexibility and immediate potential, while the neighborhood ambiance supports long-term appeal. Take advantage of Waterglen's community feel and Fort Collins' lifestyle draw when considering this rare offering. Empty space to the North of the property is included in sale. Lot to the south of the property is not part of the sale. Water meter valued at $105K and could be apportioned across individual units in a future redevelopment scenario per appraisal. Appraisal available upon request.
| Price History |
|---|
General Features
| Zoning | Recreation |
|---|---|
| Cooling | Central Air |
| Tenant Pays | None |
| Year Built | 2004 |
| Elementary School | Other |
| Buyer Financing | Conventional |
| Appliances | Dishwasher |
| Net Operating Income | -5402 |
| Accessibility | Accessible Approach with Ramp |
| Levels | One |
| Lot Size Square Feet | 35066 |
| Middle/Junior High School | Other |
| View | Plains |
| Elementary School District | Other |
| Operating Expense | 5402 |
| Cap Rate | -1.81 |
| High School District | Other |
| County | Larimer |
| Ownership Type | Partnership |
| Listing Terms | Cash,Conventional |
| Property Type | Residential |
| Utilities | Electricity Available,Natural Gas Available |
| Subdivision Name | Waterglen PUD Rep 1 |
| Sewer | Public Sewer |
| Standard Status | Closed |
| City | Fort Collins |
| Concessions | No |
| High School | Other |
| Status | Closed |
| Roof | Composition |
| Exclusions | N/A |
| Possible Use | Commercial,Industrial,Multi-Family |
| Possession | See Remarks |
| Tax Annual Amount | 5402 |
| Heating | Forced Air |
| Construction Materials | Frame |
| HOA | No |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Basement | None |
Exterior Features
| Road Frontage Type | Public |
|---|---|
| Lot Features | Level,Open Space |
| Lot Size Acres | 0.81 |
| Street Suffix | Drive |
| Fencing | Fenced |
| Street Name | Waterglen |
| Building Area Total | 1383 |
| Road Surface Type | Paved |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80524
Price
Taxes
Year Built
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