About This Property
Development Opportunity in Canyon Ridge – Adjacent Lot Available Rare opportunity to acquire an R4-zoned development lot in one of Golden’s most desirable neighbourhoods. Permitted for medium to high-density residential development, the zoning allows for multiple dwellings with a minimum of four units and up to 60% lot coverage, offering flexibility for a range of building designs. Ideally suited to be purchased together with the adjacent R4-zoned property, creating a larger and more versatile development site with significant potential. Located in Canyon Ridge within town limits, the property is surrounded by quality homes, mountain views, and easy access to trails and amenities. Buyers are encouraged to contact the Town of Golden regarding servicing availability and development requirements. (id:64973)
The asking price of $1,000,000 for this 1.42-acre development lot in Golden's desirable Canyon Ridge neighbourhood translates to an attractive $16.39 per square foot, well below the average for the local market. This property presents an excellent opportunity for developers seeking to capitalize on the area's demand for medium to high-density residential projects. Given the R4 zoning and flexible building design allowances, this vacant land is best suited for experienced developers looking to maximize the potential of the site through a thoughtful multi-unit residential development that caters to the needs of Golden's growing population.
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