Evalena, Castle Rock, CO 80104

Property Description

New to market, this 10-acre development site in unincorporated Douglas County is on the north side of Castle Rock, fronting I-25 and immediately adjacent to the new Bridgewater senior living development and Grace Chapel Church. The site offers high visibility and gentle rolling topography in one of Colorado's fastest-growing submarkets. A-1 zoned, SIlver Heights Water District. Seller is willing to support time needed for exploratory upzoning for certain project types with the right buyer. The property carries a recorded option reserving 42,000 gallons/day of water tank capacity in the Silver Heights Water & Sanitation District storage tank constructed in connection with Bridgewater - a significant infrastructure advantage that is increasingly difficult to obtain along the Front Range. The District has also identified a well location capable of supplying water sufficient to support increased density or a zoning change on the site with developer contribution.