The 1480 Pine Grove site is a lucrative opportunity located in the heart of the Steamboat Springs mountain area. This almost 3-acres has a rare combination of pristine old growth pine forest, private frontage along Fish Creek and positioned in a high visibility location on Pine Grove Rd making it the perfect spot for a development. A project has been approved for up to 100,687 SQFT of gross floor area with 63 residential units and 7 commercial spaces. The amenities at your doorstep include the free city bus, Safeway, Ski Haus, Starbucks, and many other walk-to restaurants and shops. The current usage contains multiple rentals including a single family log home, commercial shop with Pine Grove road frontage, storage barn and a cute cabin which produce total income of $51,600/year and with taxes only $14,990/year. This is a special parcel of land in Ski Town USA that enjoys many attributes including income, location, water and most importantly an excellent development proposition.
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