Located in the heart of Buena Vista, one of Colorado's most desirable mountain towns, this exceptional in-town property presents a rare opportunity for investors, developers, and visionaries. Situated within a mixed-use zoning district, the property offers outstanding flexibility for a wide variety of residential and commercial projects in a community where development opportunities are becoming increasingly scarce. Comprised of 3.8 Old Town lots, the parcel spans approximately 95 feet of street frontage and more than 150 feet in depth, providing an ideal footprint for redevelopment. Potential uses include individual single-family homes, townhomes, a multi-unit residential development, or a thoughtfully designed mixed-use project combining commercial space with residential units above. With alley access, a level building site, and a generous lot configuration, the property is well suited for efficient site planning and construction. Positioned just off the highway near several established and busy businesses, the location offers outstanding accessibility without the premium cost or traffic associated with highway frontage. Mill Street is an ideal setting for professional offices, studios, service businesses, or other enterprises that depend on convenient access for local clients rather than drive-by visibility. As Buena Vista continues to grow, the demand for quality commercial office space for small businesses has never been greater, making this an especially compelling investment opportunity. The property is further enhanced by mature, well-established trees throughout the lot and surrounding block, creating an inviting setting rarely found on redevelopment parcels. Whether your vision is residential, commercial, or a blend of both, this is a chance to create something special in one of Colorado's fastest-growing and most sought-after mountain communities. The original home has been added onto over the years. The home is a bit odd, but perfectly livable.
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Zillow last checked:
Listing updated:
Listed by:
Mark Krasnow719-221-1500liveinbv@gmail.com,
Full Circle Real Estate Group
Source: REcolorado as distributed by MLS GRID,MLS#: 8640267
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1
Bedroom
Level: Main
Bedroom
Level: Upper
Bathroom
Level: Upper
Bathroom
Level: Main
Kitchen
Level: Main
Laundry
Level: Main
Living room
Level: Main
Heating
Forced Air, Natural Gas
Cooling
None
Appliances
Included: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
Features
Ceiling Fan(s)
Flooring: Carpet, Wood
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Gas, Living Room
Interior area
Total structure area: 1,623
Total interior livable area: 1,623 sqft
Finished area above ground: 1,623
Property
Parking
Total spaces: 8
Parking features: Garage - Attached
Attached garage spaces: 2
Details: Off Street Spaces: 6
Features
Levels: Two
Stories: 2
Patio & porch: Deck
Exterior features: Private Yard
Lot
Size: 0.34 Acres
Features: Level, Subdividable
Details
Parcel number: R327117117205
Zoning: Old Town Mixed Use 1
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Frame
Condition
Fixer
Year built: 1954
Utilities & green energy
Electric: 110V, 220 Volts
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
Subdivision: Na
HOA
Has HOA: No
Location
Region: Buena Vista
Financial & listing details
Price per square foot: $293/sqft
Annual tax amount: $2,339
Date on market: 8/6/2026
Listing terms: Cash,Conventional
Exclusions: None
Ownership: Estate
Electric utility on property: Yes
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
8/6/2026
Listed for sale
$475,000$293/sqft
Source: REcolorado as distributed by MLS GRID #8640267Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
See how much you could borrow to make a competitive offer.
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.