23942 Peak To Peak HwyNederland, CO 80466

Property Details for 23942 Peak To Peak Hwy

Year built

1944

Construction

WOOD

Lot size

7.81 AC

Property size (Sq ft)

3,646 SF

Property type

Residential income properties

Property subtype

Residential income homes

APN

1583-24-0-00-003

APU

158324000003

Description

This exceptional 6,202 square foot commercial property, known as the Sundance Lodge, sits on a nearly 8-acre lot (7.81 acres) at 23942 Peak to Peak Hwy in Nederland, Colorado. Boasting stunning views of the Continental Divide, this prime location offers tremendous development potential for a variety of uses, including lodging expansion, event hosting, weddings, glamping, and a commercial restaurant. The property's strategic position adjacent to the town of Nederland makes it easily accessible while maintaining a secluded mountain feel. Its proximity to Eldora Ski Resort and numerous hiking trails ensures a consistent stream of potential clientele throughout the year. A separate building lot, formerly a commercial stable, is included, presenting further opportunities for residential development or complementary commercial uses. The property's southward-facing aspect maximizes sunlight and offers breathtaking views. Conveniently located less than 30 minutes from Downtown Boulder, 45 minutes from Denver and Golden, and 25 minutes from the gaming attractions of Historic Blackhawk, this property presents a unique investment opportunity in a highly desirable mountain location. The asking price is $1,600,000.

• CAP approach

  CAP return

  Valuation

  6%

  $885,650

  6.5%

  $817,523

  7%

  $759,128

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,236,494

  Geo Method

  $466,910

• Alternative Use

  Use

  Valuation

  Residential

  $817,523

  Hospitality

  $748,846

  Educational

  $623,031

  Medical

  $644,458

  Retail

  $969,160

Location Insight

City

Nederland

County

Boulder

State

Colorado

Latitude

39.9538

Longitude

-105.505

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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