3942 S Palo Verde Rd, Evergreen, CO 80439

Property Description

* DEVELOPER'S DREAM * INCREDIBLE DEVELOPMENT OPPORTUNITY IN NORTH EVERGREEN, FANTASTIC SOUTHEASTERLY VIEWS!!! With tall, stately trees, 2 miles from Evergreen Lake and a quick 10 minutes to I-70. New condos next door selling in the $900S! The subject property comprises 3.67 acres (159,865 square feet) and is zoned Planned Development (PD) in unincorporated Jefferson County. IT IS NOW APPROVED FOR THE DEVELOPMENT OF UP TO 12 SINGLE FAMILY RESIDENCES (3.3 UNITS PER ARE) - EITHER SIX (6) TWO-FAMILY RESIDENCES, EIGHT (8) SINGLE-FAMILY RESIDENCES, OR A COMBINATION OF SINGLE AND TWO-FAMILY RESIDENCES. Site development costs are estimated at $100,000 per lot, or $800,000 in total. Existing Home and in-law apartment currently rents for $4,000 per month - lease with existing tenants expires 8/2026 - rental lease to be transferred to Buyer at closing - earn money while plat is being approved. * BE SURE TO CHECK OUT THE VIDEO / VIRTUAL TOUR = CLICK ON ADDRESS, THEN UPPER LEFT CORNER, CLICK ON TWIRLY BLUE ICON (RIGHT OF THE MAP) *