3022 Highway 4

Description

At 4,000 feet elevation in the mountain community of Arnold, this property features 18+/- acres over 3 parcels with a combination of C1 commercial zoning (2.5 acres) and R3-6 multifamily residential (15.59 acres). It has public water and sewer and the R3 zoning allows for the development of 6 units per acre. Create a commercial/residential alpine village here with condos or apartments. In contrast, this property would also make for an excellent family vacation compound with multiple cabins, communal space and recreation space for ATV off-roading and camping, etc. with the gateway to the most amazing outdoor mountain recreation areas in the state at your doorstep. Other options may be renting out the residences short-term/airbnb/vrbo, while the other buildings could be developed into various retail or service businesses, restaurant, bar, sports-tainment pickle ball, disc golf area, and other recreation on the acreage. C1 zoning also allows for bed & breakfast, church, school, daycamp, community hall, park/playground amongst many other uses. The shops could also simply be shops for your long awaiting projects or storage for your collection of classic cars. Seller may carry with acceptable terms. May qualify for residential mortgage, seller may carry with acceptable terms.