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.
Wooded, Deciduous Trees, Abuts Pond/Lake, House Faces South, Unincorporated, Lake Access, Lake Front, Paved, Fire Hydrant within 500 Feet, Mineral Rights Excluded
Other Structures
Storage
View
Water
CITY
Loveland
SUBDIVISION
/070568 - S5 T05 R68
COUNTY
Larimer
AREA
Loveland/Berthoud
STATE
CO
HOA
1
TAX AMOUNT
8690.0
LATEST UPDATE
2026-06-03T21:36:27.054Z
DAYS ON MARKET
2
PRICE CHANGE(S)
$825,000 Jun 2, 2026
Property Details
Property TypeResidential
StatusActive
Bedrooms3
Bathrooms (Full)1
Property Sub TypeMixed Use
Square Feet1,030
MLS #1060617
AppliancesNo Inclusions
FIREPLACE FEATURESNone
HeatingNone
Utility FeaturesNatural Gas Available, Electricity Available
Lot FeaturesWooded, Deciduous Trees, Abuts Pond/Lake, House Faces South, Unincorporated, Lake Access, Lake Front, Paved, Fire Hydrant within 500 Feet, Mineral Rights Excluded
Other StructuresStorage
ViewWater
CITYLoveland
SUBDIVISION/070568 - S5 T05 R68
COUNTYLarimer
AREALoveland/Berthoud
STATECO
HOA1
TAX AMOUNT8690.0
LATEST UPDATE2026-06-03T21:36:27.054Z
DAYS ON MARKET2
PRICE CHANGE(S)
$825,000 Jun 2, 2026
Market Trends
New Properties On Market
160
93%
Increase In New Listings
Average Asking Price
$616,223
$67,296 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$243
$21 Increase In List Price/Sq. Ft.
Average Days On Market
8
24 Day
Decrease In Days On Market
Data as of Jun 03, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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