#IR1031682, Kevin Wilcox, Listing office: Wilcox Real Estate

1304 W Prospect Rd Fort Collins, CO 80526
Property details
About 1304 W Prospect Rd
Incredible In-Fill Development or Redevelopment Opportunity located less than a 1/2 mile from the Colorado State University campus near Prospect & Shields. This expansive 1.59 acre parcel is perched nicely on a gradually sloping lot that would offer some really great mountain views to the West (if 2 story), possibly even walk out or garden level units. Abutting a natural canal area to the West, it offers a roomy and calming natural area feel. Also abuts a school to the North of the Property, ideal for new townhomes or condos in this great near CSU location. Quick sketch concept plans shows that up to 19 townhomes could be built here on this single lot! Would be a great Townhome resale product offering, or you could build out this project and lease the units to Undergrad and Graduate students at CSU, a need that had not been met or delivered for many years! Please contact Listing Broker for an introduction to a local architect that has additional information on the current LMN zoning, potential land uses, and development potential here. Plenty of space for 1 and even 2 car garages and very good sized dwelling units to meet the market. Other product types and offerings could potentially also be developed here as well. Existing ~1,500 sqft adobe style home currently exists on the property that was built in 1947 and has several uses that could contribute additional value; use it as additional unit(s), make it a common amenity clubhouse, or make it an outlot and keep the home that is worth ~$650K+ stand alone. Also includes 3 detached garage/shop/outbuildings (1,157 sqft total) that are 21' x 20', 20' x 10', & 28' X 17'. Builders and Developers might consider a modern Santa Fe, or Modern Adobe concept to the project to complement the existing house? Additional land parcels could possibly be added to the West (PLEASE CONTACT BROKER WHO IS WORKING ON THAT), possibly increasing the total size of this potential project too! (No guarantees of this express nor implied)
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Oven, Refrigerator
- Basement: No
- Flooring Type: Wood
- Total Bedroom Count: 3
- Garage Space: 3 spaces
- View: Mountain(s)
- Heating: Forced Air
- List Price: $2,000,000
- Price/SqFt: $1,264
- Annual Tax Amount: $3,937
- Tax Year: 2023
- Year Built: 1947
- Living Area: 1,582 SqFt
- Lot Size: 1.59 Acres
- MLS Number: IR1036287
- MLS Name: RECOLORADO
- Office Name: Fort Collins Real Estate, LLC
- Office Phone: (970) 224-1411
- Listing Agent: Michael Jensen
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $46,813 | $3,937 |
2022 | $30,087 | $2,840 |
2021 | $30,953 | $2,871 |
2020 | $29,823 | $2,790 |
2019 | $30,031 | $2,158 |
2018 | $23,688 | $2,151 |
2017 | $23,688 | $1,884 |
History based on county public records data.
Nearby schools
7
Bennett Elementary School
Public District PK-5
0.1 mi
•1125 Bennett Rd
8
Dunn Elementary School
Public District KG-5
1.0 mi
•501 S Washington Ave
5
Bauder Elementary School
Public District PK-5
1.1 mi
•2345 W Prospect Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,615. Residents of Fort Collins, CO typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 1304 W Prospect Rd
The listing price of 1304 W Prospect Rd property is $2,000,000.
The property 1304 W Prospect Rd is a house located in Fort Collins, Colorado, 80526.
Active Listing: 1304 W Prospect Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1304 W Prospect Rd are: Bennett Elementary School (GreatSchools Rating 7/10), Dunn Elementary School (GreatSchools Rating 8/10), Bauder Elementary School (GreatSchools Rating 5/10), Blevins Middle School (GreatSchools Rating 5/10), Lesher Middle IB World School (GreatSchools Rating 7/10), Axis International Academy (GreatSchools Rating 7/10), Polaris Expeditionary Learning School (GreatSchools Rating 7/10), Compass Community Collaborative School (GreatSchools Rating 9/10), Rocky Mountain High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $3,937 (source: MLS/based on county public records data).
The property at 1304 W Prospect Rd has 3 bedrooms and 1 bathroom.
The property 1304 W Prospect Rd is 1,582 SqFt (source: MLS/tax record).
The year of construction for 1304 W Prospect Rd is 1947.
This home is located at 1304 W Prospect Rd in Fort Collins, CO and zip code 80521 in the Prospect / Shields neighborhood. This 1,582 square foot home, which was built in 1947, sits on a 1.59 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $2,000,000.
While more than 68 listings in Fort Collins, CO in June 2025 were sold above asking price, there were more than 66 listings sold at asking price, and more than 101 were sold below. The number of listings in Fort Collins, CO increased by 8.9% between May and June 2025. The median list price of listings available in June 2025 was $556,897, while the average time on the real estate market was 28 days.