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  • Price cut: $180K (5/16)
    $365,000

    Lot 2(2.27 Ac) Wilson Avenue, Olathe, CO 81425

    --beds
    --baths
    2.27Acres
    Unimproved Land
    Built in ----
    2.27 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Zoned for residential useCapturing stunning mountain viewsNewly finished topographic survey
    Prime Investment Opportunity in Western Colorado's Opportunity Zone! This 2.27-acre parcel in the heart of Western Colorado offers a rare opportunity for investors looking to capitalize on the tax incentives and long-term growth of an Opportunity Zone. Located adjacent to Olathe School and the football stadium, this property is ideally positioned for a high-demand residential development with broad zoning flexibility. Zoned for residential use, the possibilities are nearly endless—whether you're envisioning multi-family units, duplexes, or even an entire residential neighborhood. With zoning that allows buildings up to 35 feet in height, you can maximize the space with 3-story buildings, capturing stunning mountain views to the south. Key features include: Utilities to the property or nearby Roads on the west and south sides for efficient access and reduced development costs Completed soil testing and a newly finished topographic survey, streamlining the development process The seller has already designed plans for 8-plex apartment buildings, making this a plug-and-play opportunity to build in phases and scale up. Whether your vision includes affordable housing, condos, senior living, or single-family patio homes, this property checks all the boxes for an investor looking to maximize returns while meeting the growing housing demands in Western Colorado. Lock in a secure investment that not only generates income but also qualifies for favorable tax treatment through the Opportunity Zone. This is your chance to shape the future of housing in this fast-growing region—come see the potential for yourself!
    632 days
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    15
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    Zillow last checked:

    Listing updated:

    Listed by:

    Todd Schroedel 970-318-2160,

    United Country Sneffels Realty

    Source: CREN,MLS#: 818923MLS Logo

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s), Other, Valley
      • Frontage type: 2nd-wilson-highway
      Lot
      • Size: 2.27 Acres
      • Dimensions: 411 x 261
      • Features: Cul-De-Sac, Foothills, Corners Marked, Boundaries Surveyed
      • Topography: Level,Sloping
      Details
      • Parcel number: 372310400028
      • Zoning description: Other,Residential Multi Family,Residential Single Family

      Utilities & green energy

      • Sewer: Central, Sewer Tap Available
      • Water: Public, Tap Available
      • Utilities for property: Electricity Available, Natural Gas Available, Phone - Cell Reception, Phone Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Olathe
      • Elevation: 5355

      Financial & listing details

      • Annual tax amount: $5,119
      • Date on market: 10/22/2024
      • Electric utility on property: Yes
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/16/2026Price change$365,000-33%
        Source: CREN #818923 Report a problem
        10/22/2024Listed for sale$545,000
        Source: CREN #818923 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81425

        Getting around

        38 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Olathe K-5
        • Middle: Olathe 6-8
        • High: Olathe 9-12

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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