1545 Spruce Street Norwood, CO
$ 889,000
Property Attributes
  • MLS#782776
  • TypeSingle Family
  • CityNorwood
  • AreaWest End
  • Zip81423
  • Style
  • Year Built1983
  • Taxes$ 1519
  • Price$ 889,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2133
  • Lot Size37.6 Acres
Listing Provided Courtesy Of:
Norwood Real Estate Company
Data Source:
Colorado Real Estate Network (CREN) - 253 - CO
Property Description

Development rich development property adjacent to Norwood, 37.60 acres with 2 cash flowing rentals. One 1800 SF 3 bedroom 2 bath home, and one 880 SF apartment with a garage. The 2 residences are currently in the county serviced by a well and septic. The 37.60 acres is prime residential real estate that joins the town of Norwood city limits on 2 sides with county road on the West side of the property. Engineering is currently underway for a residential development prime for annexation to the town of Norwood. Application is in process. The proposed development would include a mixed development of single family residential homes sites and multi family construction potential. This project has a potential for + or – 100 home sites or a mix of single family and multi family sites Houses both have renters in them. The property is being marketed as a development property. Subdivision plats are being drafted at this time. Prime location for a much needed housing development. The two houses are just a bonus.

Elementary School Middle School High School
Norwood K-5 Elementary School Norwood 6-12 Middle School Norwood 6-12 High School
Price History
6/3/2021 Listed $889,000

General Features

Garage Attached Garage
Green Certification Y/n No
Hoa Y/n No
New Construction Y/N No
Status Active
Status Active
Type Stick Built
Zoning Agriculture, Residential Single Family

Interior Features

3/4 Baths 1
Full Baths 1
Subdivision None

Exterior Features

Carport No
Garage Capacity 1
Lot Size Area 37.6
Water Rights/irrig. No
Waterfront No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81423

AVG $880K
AVG $2,204
AVG 31
Year Built
AVG 1983