Motivated seller not distressed. Seller will remove from market and rent in 2 weeks. Looking for offer. Favorable zoning for future development and cash flow. This property presents a unique opportunity at the heart of the Waterglen community in North East Fort Collins. Set on the edge of the neighborhood, this existing clubhouse and pool offer a foundation for a variety of uses - whether continued as recreation amenities, reimagined as multi-family dwellings, daycare, small-scale commercial space, a value add multifamily development, or a community party center. Waterglen sits just a few miles east of the vibrant downtown, offering convenient access to city amenities while retaining a peaceful residential feel. Waterglen enjoys easy connectivity with nearby transit and local highways, making it accessible for employees, clients, or residents. The broader Fort Collins community is celebrated for its active lifestyle: a network of parks, miles of trails, access to the scenic outdoors, and proximity to the foothills of the Rockies offer lifestyle appeal for all ages. This property is especially compelling for those looking to create value through mixed use - from apartments or a daycare to professional offices, a community-oriented business, or cover the pool and rent year round for water recreation. All options fill a void in the current market. The existing infrastructure provides flexibility and immediate potential, while the neighborhood ambiance supports long-term appeal. Take advantage of Waterglen's community feel and Fort Collins' lifestyle draw when considering this rare offering. Empty space to the North of the property is included in sale. Lot to the south of the property is not part of the sale. Water meter valued at $105K and could be apportioned across individual units in a future redevelopment scenario per appraisal. Appraisal available upon request.
231 days
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516
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28
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Zillow last checked:
Listing updated:
Listed by:
Cameron Loucks970-460-8460,
Rad Real Estate
Source: IRES as distributed by MLS GRID,MLS#: 1048247
Facts & features
Interior
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Dishwasher
Features
Basement: None
Interior area
Total structure area: 1,383
Total interior livable area: 1,383 sqft
Property
Accessibility
Accessibility features: Accessible Approach with Ramp, Level Lot
Features
Levels: One
Stories: 1
Fencing: Fenced,Vinyl
Has view: Yes
View description: Plains View
Lot
Size: 0.81 Acres
Features: Abuts Private Open Space, Paved, Curbs, Gutters, Sidewalks, Street Light
Details
Parcel number: R1608086
Zoning: Recreation
Special conditions: Partnership
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Frame
Roof: Composition
Condition
New construction: No
Year built: 2004
Utilities & green energy
Sewer: Public Sewer
Water: City
Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
Subdivision: Waterglen PUD Rep 1
HOA
Has HOA: No
Location
Region: Fort Collins
Financial & listing details
Price per square foot: $238/sqft
Annual tax amount: $5,402
Date on market: 12/9/2025
Listing terms: Cash,Conventional
Exclusions: N/A
Tenant pays: None
Electric utility on property: Yes
Road surface type: Asphalt
Estimated market value
Zestimate®
$325,500
Estimated sales range
$309,000 - $342,000
Rent Zestimate®
$2,082/mo
Price history
Date
Event
Price
7/15/2026
Price change
$329,000-4.1%$238/sqft
Source: IRES as distributed by MLS GRID #1048247Report a problem
7/1/2026
Price change
$343,000-2%$248/sqft
Source: IRES as distributed by MLS GRID #1048247Report a problem
6/17/2026
Price change
$350,000-4.1%$253/sqft
Source: IRES as distributed by MLS GRID #1048247Report a problem
6/1/2026
Price change
$365,000-2.7%$264/sqft
Source: IRES as distributed by MLS GRID #1048247Report a problem
5/6/2026
Price change
$375,000-3.6%$271/sqft
Source: IRES as distributed by MLS GRID #1048247Report a problem
4/20/2026
Price change
$389,000-2.5%$281/sqft
Source: IRES as distributed by MLS GRID #1048247Report a problem
3/18/2026
Price change
$399,000-11.3%$289/sqft
Source: IRES as distributed by MLS GRID #1048247Report a problem
2/4/2026
Price change
$450,000-9.8%$325/sqft
Source: IRES as distributed by MLS GRID #1048247Report a problem
1/12/2026
Price change
$499,000-9.3%$361/sqft
Source: REcolorado as distributed by MLS GRID #IR1048247Report a problem
1/1/2026
Listed for sale
$550,000$398/sqft
Source: IRES as distributed by MLS GRID #1048247Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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.
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.
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