431 Park Avenue New Castle, CO 81647
4 Beds
2 Baths
2,136 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,136 sqft
Price per Sqft $701
Subdivision Coryell Addition
MLS Listing ID 193751
Bedrooms 4
Full Baths 2
Year Built 1895
Annual Tax Amount $2,803
Tax Year 2025
Lot Size 1.204 Acres
Acres 1.2
Property Sub-Type Single Family Residence
Source Aspen Glenwood MLS
Property Description
Unlock the possibilities at 431 Park Ave, New Castle, CO. This is the project you've been waiting for! Whether you're looking for your next investment, a complete renovation, or a fresh start with a brand-new custom home, this property offers exceptional potential.
The sale includes the existing home, ready for a full remodel or demolition, situated on six Old Town lots, plus a separate neighboring riverfront parcel with direct access to Elk Creek. With the generous footprint and flexible layout, there may be opportunities to subdivide the lots (buyer to verify with the Town of New Castle), build two homes with river frontage, develop a multifamily project, or create your dream home with incredible outdoor space.
A unique feature of the property is a natural spring located below the homesite near the river, which feeds a peaceful retention pond, adding to the property's natural beauty and creating a truly one-of-a-kind setting.
Adding to the property's charm is an established orchard featuring apple, plum, chokecherry, apricot, and peachcot trees, providing beauty and seasonal harvests for years to come.
Properties with this much land, river access, natural water features, and development potential are hard to find. Bring your vision and transform this unique opportunity into something truly special!
Location
State CO
County Garfield
Community Coryell Addition
Area New Castle
Zoning SFR - Land
Direction From I-70, take Exit 105 (New Castle). Proceed north on Castle Valley Blvd. to the 4-way stop. Turn left (west) onto Main Street (US Hwy 6). Continue through downtown and turn right onto Park Avenue. Turn left before first stop sign. The property is on the back right corner.
Interior
Heating Forced Air
Cooling None
Exterior
Utilities Available Natural Gas Connected
Roof Type Composition
Garage No
Building
Lot Description Corner Lot
Water Public
Architectural Style Split Level
New Construction No
Others
Tax ID 212331207007
Acceptable Financing New Loan, Cash
Listing Terms New Loan, Cash
