Water Views - Fixer Upper
Address
2876 N Madison Avenue, Loveland, CO
Price
$ 735,000
Property Attributes
- MLS#IR1060617
- TypeSingle Family
- Listing Status Active
- CountyLARIMER
- CityLoveland
- Neighborhood-070568 - S5 T05 R68
- Zip80538
- StyleRustic
- Year Built1900
- Taxes$ 8690
- Price$ 735,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1030
- Lot Size3.57 Acres
Data Source:
REColorado (MTOMLS)
Property Description
RARE 3.5-plus acre double-parcel lakefront opportunity! 2872 and 2876 N. Madison Ave must be sold together, offering unmatched flexibility for developers, investors, or homesteaders looking for a prime, central location. This expansive property is zoned County RR2, making it the perfect setting to bring your horses, vehicles, and outdoor toys. Water enthusiasts will love the 24 non-motorized lake subscriptions on Westerdoll Lake, which are ideal for peaceful kayaking, canoeing, and paddleboarding. For storage, the acreage features two standard outbuildings plus a giant, heated 72 by 36-foot metal storage shed. This massive building is equipped with two large garage doors (height: 12' & >8'), to easily accommodate an RV, boat, or heavy equipment. Bring your architectural plans to life by building a completely customized, private dream home on this massive lot. Alternatively, you can choose to develop and subdivide the land. Capitalize on the prime location by annexing the property into the city and transitioning the zoning to potentially transform the 3.5-plus acres into a multi-lot residential development. The property is centrally located and being sold strictly as-is. Do not miss out on this versatile acreage with rare private lake lifestyle perks.
| High School |
|---|
| Mountain View High School |
| Price History | |
|---|---|
| 6/2/2026 | Listed $825,000 |
| 6/23/2026 | 11$735,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Utilities | Electricity Available,Natural Gas Available |
| Possession | Closing/DOD |
| Roof | Composition |
| Zoning | RR2 |
| Architectural Style | Rustic |
| Construction Materials | Frame |
| Exclusions | Personal Property within the Shed; all shelving; all vehicles; toys and trailers on property,Mineral Rights Excluded |
| Year Built | 1900 |
| View | Water |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Individual |
| Waterfront Features | Pond |
| County | Larimer |
| Property Type | Residential |
| HOA | Yes |
| Subdivision Name | /070568 - S5 T05 R68 |
| Facing Direction | South |
| Possible Use | Agricultural,Residential |
| Full Baths | 1 |
| Status | Active |
| Directions | From US 34 Turn N. on Madison Ave. Property is to the East. |
| High School | Mountain View |
| City | Loveland |
| Association Name | 7 Lakes Recreation Association |
| High School District | Thompson R2-J |
| Lot Size Square Feet | 155509 |
| Listing Terms | Cash |
| Elementary School | Other |
| Tax Annual Amount | 8690 |
| Middle/Junior High School | Other |
| Property Condition | Fixer |
| Concessions | No |
| Structure Type | House |
| Standard Status | Active |
| Elementary School District | Thompson R2-J |
Interior Features
| Basement | None |
|---|---|
| Basement (Y/N) | No |
| Above Grade Finished Area | 1030 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
| Total Baths | 1 |
Exterior Features
| Vegetation | Wooded |
|---|---|
| Parking Features | Oversized,Oversized Door |
| Water Source | Public |
| Building Area Total | 1030 |
| Lot Size Acres | 3.57 |
| Road Surface Type | Paved |
| Road Frontage Type | Public |
| Horse Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80538
Price
Taxes
Year Built
Visits
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