RARE 3.5-plus acre double-parcel lakefront opportunity! 2872 and 2876 N. Madison Ave must be sold together, offering unmatched flexibility for developers, investors, or homesteaders looking for a prime, central location. This expansive property is zoned County RR2, making it the perfect setting to bring your horses, vehicles, and outdoor toys. Water enthusiasts will love the 24 non-motorized lake subscriptions on Westerdoll Lake, which are ideal for peaceful kayaking, canoeing, and paddleboarding. For storage, the acreage features two standard outbuildings plus a giant, heated 72 by 36-foot metal storage shed. This massive building is equipped with two large garage doors (height: 12' & >8'), to easily accommodate an RV, boat, or heavy equipment. Bring your architectural plans to life by building a completely customized, private dream home on this massive lot. Alternatively, you can choose to develop and subdivide the land. Capitalize on the prime location by annexing the property into the city and transitioning the zoning to potentially transform the 3.5-plus acres into a multi-lot residential development. The property is centrally located and being sold strictly as-is. Do not miss out on this versatile acreage with rare private lake lifestyle perks.
For sale
Price cut: $90K (6/23)
$735,000
2876 N Madison Ave, Loveland, CO 80538
3beds
1,030sqft
:
Get pre-qualified$4,522/mo
Mixed Use
Built in 1900
3.57 Acres Lot
$-- Zestimate®
$714/sqft
$-- HOA
What's special
Massive lotTwo standard outbuildings
- 62 days |
- 818 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Stefanie Erion 970-300-1985,
Kentwood RE Northern Prop Llc
Source: IRES as distributed by MLS GRID,MLS#: 1060617
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Description: Other
- Features: Shared Primary Bath
- Level: Main
- Area: 1 Square Feet
- Dimensions: 1 x 1
Kitchen
- Description: Other
- Level: Main
- Area: 1 Square Feet
- Dimensions: 1 x 1
Heating
- None
Appliances
- Included: No Inclusions
Features
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,030
- Total interior livable area: 1,030 sqft
- Finished area above ground: 1,030
Property
Parking
- Parking features: None, >8' Garage Door, Oversized
- Has garage: Yes
- Details: None
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Abuts Pond/Lake, Lake Privileges, Lake Front
Lot
- Size: 3.57 Acres
- Features: Wooded, Deciduous Trees, Unincorporated, Paved, Fire Hydrant within 500 Feet, Mineral Rights Excluded
Details
- Additional structures: Storage
- Parcel number: R1137778
- Zoning: RR2
- Special conditions: Private Owner
- Horses can be raised: Yes
- Horse amenities: Zoning Appropriate for 4+ Horses
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Mixed Use
Materials
- Frame
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: City of Loveland
- Gas: Xcel
- Sewer: Septic Tank
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: /070568 - S5 T05 R68
HOA
- Has HOA: Yes
- HOA name: 7 Lakes Recreation Association
- HOA phone: 970-635-0498
Location
- Region: Loveland
Financial & listing details
- Price per square foot: $714/sqft
- Tax assessed value: $649,900
- Annual tax amount: $8,690
- Date on market: 6/2/2026
- Listing terms: Cash
- Exclusions: Personal Property within the Shed; all shelving; all vehicles; toys and trailers on property
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $735,000-10.9%$714/sqft |
Source:  IRES as distributed by MLS GRID #1060617 Report a problem | ||
| 6/2/2026 | Listed for sale | $825,000-7.2%$801/sqft |
Source: IRES as distributed by MLS GRID #1060617 Report a problem | ||
| 11/6/2021 | Listing removed | -- |
Source: IRES as distributed by MLS GRID #928278 Report a problem | ||
| 8/4/2021 | Price change | $889,000-6.4%$863/sqft |
Source: IRES as distributed by MLS GRID #928278 Report a problem | ||
| 3/5/2021 | Listed for sale | $950,000$922/sqft |
Source: IRES as distributed by MLS GRID #928278 Report a problem | ||
| 12/12/2020 | Pending sale | $950,000$922/sqft |
Source: IRES as distributed by MLS GRID #928278 Report a problem | ||
| 11/9/2020 | Listed for sale | $950,000+601.1%$922/sqft |
Source: NoCo Realty, Inc. #928278 Report a problem | ||
| 8/12/1997 | Sold | $135,500$132/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,410 +8.5% | $40,619 -4% |
| 2024 | $3,144 +71% | $42,297 -1% |
| 2023 | $1,838 -2.6% | $42,707 +83.2% |
| 2022 | $1,887 -0.6% | $23,317 -23.8% |
| 2021 | $1,899 +1.7% | $30,602 +26.8% |
| 2020 | $1,866 +5.4% | $24,138 -0.7% |
| 2019 | $1,770 | $24,307 +11.9% |
| 2018 | $1,770 | $21,722 |
| 2017 | $1,770 +16.2% | $21,722 +16.2% |
| 2016 | $1,523 +13.4% | $18,690 |
| 2015 | $1,344 +22.3% | $18,690 +26.5% |
| 2014 | $1,098 | $14,770 |
| 2013 | -- | $14,770 +28% |
| 2012 | -- | $11,540 |
| 2011 | -- | $11,540 -24.2% |
| 2010 | -- | $15,220 |
| 2009 | -- | $15,220 |
| 2008 | -- | $15,220 -2.5% |
| 2006 | -- | $15,610 -60.5% |
| 2005 | -- | $39,530 +159% |
| 2004 | -- | $15,260 +9.4% |
| 2002 | -- | $13,950 -13.3% |
| 2001 | -- | $16,090 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80538
Nearby schools
GreatSchools rating
- 3/10Peakview Academy At Conrad BallGrades: PK-8Distance: 0.5 mi
- 7/10Mountain View High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Peakview Academy at Conrad Ball
- Middle: Peakview Academy at Conrad Ball
- High: Mountain View
Source: IRES 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.
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