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Home » Real Estate » CO » Lakewood » 80215 » 1290 Kipling St, Lakewood, CO, 80215
$1,400,000

1290 Kipling St, Lakewood, CO, 80215

5 Beds
1 Bath
1,552 Square Feet
*Price reduced* A must see! This is a wonderful .61-acre property ideal for investors. For the re-zoning investor this huge lot offers an opportunity to build a large structure for business or multifamily living. For the rental investor there are two houses and a 2-car detached garage already on the property. Get your rent income while you work out your zoning wishes for the future. Both houses are considered 1290 Kipling and must be sold together with the lot. The north house, built in 1944(for now referred to as 1292 for ID) will be used as the primary house and the south house, built in 1929(will be referred to as 1290 for ID). Currently the property is zoned SFR but has a nonconforming certificate from the city of Lakewood allowing the two houses to exist as zoned as long as they are used as rentals. For the purpose of input in the MLS, 1292 will be used as the primary house and 1290 will be the ADU. Total sf will be shown for both houses-1292 is 1184 sf with a 280sf basement-1290 is 750 sf with a 250sf basement (county records seem to be different for 1290). 1292 has 4 bedrooms, 1 bath, and one bsmt nonconforming bedroom. 1290 has 3 bedrooms(1 bsmt conforming) and 2 baths. 1290 has a refrigerator, dishwasher, stove. Lakewood indicates that the property as it stands is zoned horse property with space for 2 large animals. Lakewood also indicates that the property could be subdivided for 2 single family homes. Lakewood's Historical Belmar Village wrote this historical site still has the concrete water tank that was used for irrigation. This spacious lot is close to light rail, shopping, restaurants, and direct routes to the mountains and downtown. There are two access drives-one from Kipling and one from Johnson St. Two new houses being built in the area are a reflection of the neighborhood value. The property is being sold "as is". In this metro area of decreasing available land of this size--where will you find a better investment/value? Take advantage!!
Offered By
Marvin Achterberg (720) 234-2784, Sterling Real Estate Group Inc

Property Details

Property Type Residential
Status Active
Bedrooms 5
Bathrooms (Full) 1
Property Sub Type Residential-Detached
Square Feet 1,552
MLS # 9885148

Market Trends

New Properties On Market
19
46% Increase In New Listings
Average Asking Price
$852,126
$33,635 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$418
$70 Increase In List Price/Sq. Ft.
Average Days On Market
20
35 Day Decrease In Days On Market
Data as of Sep 20, 2024. Remaining statistics above are calculated on activity within the period from Jul 01, 2024 to Aug 31, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 9/7/2024 at 10:14 am