5300 Yellowstone Street

Description

Rare redevelopment opportunity in the Town of Bow Mar. Property is improved with existing utilities and a structure but marketed primarily for land value and shovel-ready redevelopment. Seller has completed architectural planning, zoning approvals, geotechnical testing, and supporting documentation, all of which transfer to the buyer. The home has been fully abated and is ready for demolition. The generous, bermed lot allows a new home to sit slightly higher on the sitewhile remaining within Bow Mar's strict 16-ft roof-height limit (18 ft in select areas)creating the possibility for vaulted ceilings, abundant natural light, and enhanced privacy not easily achieved on other parcels. The property transferred via two deeds: a Personal Representative's Deed from the estate and a Special Warranty Deed. Because the PR Deed typically shows no consideration, public records reflect only the $495,000 Special Warranty amount, though the true purchase price was $990,000, fully documented with the County. Enjoy custom-home potential in one of Denver's most desirable lake communities. Voluntary HOA, Bow Mar Owners, Inc., provides access to private amenities including lake privileges, beach club, and tennis courts.