Aspen Knolls

Loveland, Colorado

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Project Highlights

LC Real Estate Group is pleased to present the opportunity to purchase +/- 115.79 acres, with master plan approval for 507 single family residential units, known as Aspen Knolls. The community is located on South Taft Avenue minutes from Downtown Loveland and 0.5 miles south of CO Highway 402 and 0.75 miles west of US Highway 287. The project offers the following attributes:

  • Large infill development offers an exceptional opportunity to deliver competitively priced housing at an affordable price point in highly desirable southwest Loveland 
  • Rapidly growing Loveland-Berthoud submarket with two hundred and ninety nine (299) new homes sold in 3-mile radius over last 12 months with average sold new home price of $481,738
  • Approved Master Plan for 507 single family homes with lots ranging in size from 4,000 to 6,000+ sq. ft. includes three (3) separate parcels with a +/- 3.6 acre centrally located community park and +/- 1.4 acres of additional pocket parks 
  • Parcel 1 includes 49.7 acres approved for up to 186 minimum 50’ wide dwelling units, Parcel 2 includes 40.3 acres approved for up to 212 minimum 40’ wide dwelling units, and Parcel 3 includes 20.4 acres approved for up to 109 minimum 45’ wide dwelling units
  • Highly attractive Cash-In-Lieu building program with the City of Loveland allows for 100% Cash-In-Lieu raw water dedication at time of building permit
  • City of Loveland water district has development friendly raw water policy and pricing that keeps Cash-In-Lieu water pricing stable and attractively priced, currently at  $40,150 per acre foot. Attractive raw water dedication requirement of 0.4024 acre feet per dwelling unit based on estimate from current master plan with an estimated raw water of $16,156 per dwelling unit
  • Attractive raw water dedication requirement of 0.4024 acre feet per dwelling unit, which translates to $16,156 per dwelling unit based on the Aspen Knolls current master plan
  • Regional detention pond, 13.24 acres owned by City of Loveland, serves as project amenity with trails and landscaping
  • Aspen Knolls has close proximity to the foothills creating mountain views to the west and a high visibility marking window on South Taft Avenue. Builders will be able to increase absorption and capture lot premiums attributable to these views.
  • All offsite water and sewer development requirements are currently under construction or in progress by City of Loveland with favorable reimbursement agreements

Exclusively Marketed For Sale By:

Wayne Lewis

Wayne Lewis

Senior Partner
Senior Broker

(303) 588-8808
Nathan Klein

Nathan Klein

Senior Partner
Com. Managing Broker

(970) 222-2473