431 Park Avenue , New Castle, Colorado

House for Sale in New Castle

431 Park Avenue , New Castle, CO

  • CA$1,891,288
  • 4 BEDS
  • 2 BATHS
  • 1.20 ac Land
  • CA$1,891,288

House for Sale in New Castle

431 Park Avenue , New Castle, CO

  • CA$1,891,288
  • 4 BEDS
  • 2 BATHS
  • 1.20 ac Land
  • CA$1,891,288

Key Facts

  • MLS® #: 193751
  • Property ID: SIRC3501611
  • Original Price: USD 1,499,000
  • Property Type: Residential, Detached
  • Style: Split Level
  • Lot Size¹: 1.20 ac
  • Year Built: 1895
  • Bedrooms: 4
  • Bathrooms: 2

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!

Listing Agents

  • Marty Rochowiak

    C. 9709893061

    O. 9709893061

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*Showing requires confirmation from agent.

Location

431 Park Avenue , New Castle, Colorado, 81647 United States

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Area Description

New Castle is home to about 6,000 residents and reaches just over a mile in elevation. The Colorado River flows through the town, presenting wonderful opportunities for trout fishing, whitewater rafting and kayaking, and wildlife viewing.

Marketed By

Aspen Snowmass Sotheby's International Realty
150 West Meadows Drive
Glenwood Springs, Colorado, 81601
United States

9703663511

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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