102 Ping LnEagle, CO 81631

Property Details for 102 Ping Ln

Lot size

7.18 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 7.18-acre parcel presents a remarkable residential development opportunity in the heart of Eagle, Colorado. Situated on Ping Lane, the property boasts over 1,000 feet of Eagle River frontage and is partially surrounded by the river's tranquil waters. Its convenient location places it within walking distance of Eagle's vibrant downtown, offering easy access to a diverse array of restaurants, shops, and businesses. The property is zoned Rural Residential (RR-1), allowing for up to four dwelling units per acre, totaling a potential of 28 single-family homes or duplexes. Furthermore, the RR-1 zoning permits the construction of one accessory dwelling unit (ADU) per unit, along with accessory detached structures such as shops or garages, enhancing the development potential. The Town of Eagle is actively engaged in a significant infrastructure improvement project along the Grand Avenue corridor, extending from Eby Creek Road to Sylvan Lake Road. This transformative initiative will widen Grand Avenue to four lanes, incorporate a center median, and create dedicated bicycle and pedestrian lanes, significantly improving traffic flow, safety, and connectivity throughout the town. The project's completion will enhance the already desirable location, further boosting its appeal and value. The property's proximity to renowned ski resorts, including Beaver Creek (approximately 20 minutes away) and Vail (approximately 30 minutes away), adds to its exceptional investment potential. This unique combination of riverfront location, walkability to downtown amenities, and the upcoming infrastructure improvements makes this a truly exceptional development opportunity. The APN is R040005.

Location Insight

City

Eagle

County

Eagle

State

Colorado

Latitude

39.6559

Longitude

-106.828

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