$4,500,000

448 Biscuit St Unit 1-23 Erie, CO 80516

Old Town Erie Neighborhood

Estimated payment $25,849/month

Total Views 3,635
2.73 Acres
$1,648,352 Price per Acre
118,919 Sq Ft Lot

Highlights

  • 2.73 Acre Lot
  • No HOA
  • Development of the land is complete
  • Erie Elementary School Rated A

About This Lot

Diverge Homes proudly presents Erie Junction, a rare and unparalleled development opportunity located in the heart of Erie’s historic Old Town District. Through its innovative urban planning and thoughtful design, Diverge Homes has created tremendous value for builders and future residents alike, setting this community apart as a flagship neighborhood in one of Colorado’s most sought-after areas. Situated within blocks of notable restaurants, breweries, boutique shops, art galleries, and vibrant community events, Erie Junction offers builders the chance to deliver homes tailored to meet the needs of today’s buyers seeking a walkable, amenity-rich lifestyle. The turnkey development is fully completed, including streets, lots, utilities, and town acceptance, ensuring homebuilders can seamlessly transition into construction with entitlement for 23 high-margin homes including 20 paired homes and one triplex. The growing demand for homes in Erie, combined with its accolades as one of Colorado’s most desirable places to live, ensures a strong market for this neighborhood with pricing projected between $825,000 to $975,00 per home. Thanks to the strategic planning and value-driven design by Diverge Homes, the builder buyer becomes the ultimate beneficiary, positioned to sell these homes at a premium over other developments in the area. The sale includes seven thoughtful floorplans delivering a flawless convergence of function and luxury ranging from 2900-3350 square feet featuring attached or detached two car garages, finished basements, and large front yards to craft a deliberate hometown feel while having a refreshingly modern style. The sale also includes complete entitlement assets and as-builts, HOA and legal documentation, professionally designed branding and website, and an established buyer interest list. This neighborhood offers exceptional connectivity via commuter roads and trail systems allowing residents to embrace car-free transportation options.

Listing Agent

Stephanie Iannone

Compass Colorado, LLC - Boulder Brokerage Phone: 303-641-7484 License #40029440

Compass Colorado, LLC - Boulder

Co-Listing Agent

Mindy Nassar

Compass Colorado, LLC - Boulder Brokerage Phone: 303-641-7484 License #100046122

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,794

Lot Details

  • 2.73 Acre Lot
  • Development of the land is complete
  • Property is zoned OTR

Community Details

  • No Home Owners Association
  • Erie Junction Subdivision

Listing and Financial Details

  • Assessor Parcel Number R8984717

Property Details

Property Type

Land

Est. Annual Taxes

$8,794

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Multi-Family, Residential
  • Exclusions: None
  • Directions: On the corner of County Line Road and Balcolm Street in Downtown Erie
  • SubdivisionName: Erie Junction
  • Co List Office Mls Id: RECCCLL3
  • Co List Office Phone: 303-487-5472
  • Ownership: Builder
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Attribution Contact: 303-641-7484
  • Special Features: None

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Parcel Number: R8984717
  • Lot Size Acres: 2.73
  • Possible Use: Multi-Family, Residential
  • Lot Size Sq Ft: 118918.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8794

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 For Sale $4,500,000 -- --
Source: REcolorado®

Source: REcolorado®

MLS Number: 6377535

REcolorado®