We are thrilled to reveal Arvada's newest highly anticipated development plan! On July 9th, 2021, Joel Ripmaster, the Founder and President of Colorado Landmark Realtors, sold a 182.3 acre parcel of land at 25377 State Highway 72 for $7.5M ($41,208 per acre). This lot was on the market for just over a year and features unparalleled views of Denver and Boulder Valley.
The purchaser is Peak Development, who plans to develop 90 single family homes projected between $1.4M- $2M on 0.5-1.5 acres of land. Each home will feature a modern contemporary design with stunning 360 views on each level. The developer's invested in ensuring that these homes will have city services and utilities to make this an even more desirable place to live.
Being that the sale is so recent, specs and drawings have not been composed yet. However, we will be tracking the progress closely to provide updates on the development and design process.