43189 E Us Highway 160Bayfield, CO 81122Price: $3,985,000

ATTENTION DEVELOPERS, BUILDERS, INVESTORS AND BUSINESSES - Bayfield East is a 153.231 acre property comprised of four separate but contiguous tracts of land. Currently planned for 300+/- single-family lots, 100 +/- multi-family units, grocery store, hotel and mixed commercial use. The Property exists on the eastern periphery of the Town of Bayfield and is NOW ANNEXED into the Town of Bayfield as a PUD. Approximately, 1,469 lineal feet of frontage along US Highway 160 East presents visibility and commercial development potential. Approval has been granted by CDOT to “break the A-Line” AN ACCESS PERMIT is pending for a signalized, full movement intersection of North Bayfield Parkway and US Highway 160 East. East and West connectivity and access is also available in multiple streets within the Town of Bayfield - East Colorado Drive, East Oak Drive, East Mesquite Drive. North Bayfield Parkway, as proposed, affords access from the intersection with US Highway 160 East to East Oak Drive . The proposed extension of MacDonald Drive allows connectivity in a North/South pattern from North Bayfield Parkway to Dove Ranch Road. CDOT traffic counts indicate that in 2018 8,600 vehicles per day (VPD) passed the Property on US Highway 160 East. A nominal amount of irrigation water may be conveyed with the Property and will most likely be transferred to the Town of Bayfield in any annexation/development effort. Existing infrastructure such as a 12” water main, electricity and telephone are either crossing or abutting the Property. 8” sewer lines, natural gas lines and fiber optics are located in the CDOT right-of-way and various other connecting Town of Bayfield Streets, as well as the proposed intersection of North Bayfield Parkway and US Highway 160 East. The Town of Bayfield completed an expansion to its waste water treatment facility in 2010. In 2016 the Town completed an expansion to its domestic water treatment facility. Adjoining uses include R-10 Residential, School, Business, vacant land and US Highway 160 East. The Bayfield School District has agreed to participate in the Intersection/Bayfield East Improvements and is actively involved in the North Bayfield Parkway extension to ensure improved access to the new Elementary School and the Middle School. Current Owners have considerable survey data, topographical data and entitlement information available to qualified interested parties. Bayfield East is available for sale, in part or whole, and the Owners may consider a joint venture or participation scenario with a qualified developer(s).