0 Raven Rock Road, ESTES PARK, CO 80517 For Sale

Rare, Large-Scale Developable Parcel in a Supply-Constrained Market Estes Park sits at the gateway to Rocky Mountain National Park — one of the most visited national parks in the United States, drawing over 5 million visitors annually. The town is geographically constrained by the park boundary, steep terrain, and limited municipal land, making large developable parcels of this scale exceptionally rare. This is one of the last remaining sites of meaningful size available for development in the Estes Valley.

Accommodations Zoning — A Critical Competitive Advantage The property carries Accommodations (A) zoning, one of the most flexible and valuable designations in the Town of Estes Park. Permitted uses include townhomes, lodge-style or boutique hotel concepts, short-term rental communities, and religious facilities — subject to town approval. Large A-zoned parcels in Estes Park are increasingly rare and command a meaningful premium over residentially zoned land.

Exempt from the Town's Vacation Rental Permit Cap The Town of Estes Park has maintained a limit on new vacation home license applications for residentially zoned properties since October 2021. Properties developed under this Accommodations-zoned site are not subject to that cap. For investors and developers evaluating STR revenue potential, this is a decisive advantage — new units can operate as short-term rentals from day one without waiting on a restricted permit queue.

Approved Development Plan — 38 Duplex Townhome Units Already Platted The site is currently platted for 38 duplex townhome units under an approved development plan, representing significant entitlement value. Subdivision platting, zoning approvals, and planning review are already behind the next owner. No building plans are locked in, preserving full design flexibility for the buyer to bring their own product vision, unit mix, and market positioning to the project.

Infrastructure Not Yet Installed — Maximum Buyer Flexibility With infrastructure not yet installed and no finalized HOA covenants in place, a buyer has the freedom to engineer and design the project from the ground up. There are no pre-existing commitments to work around and no inherited HOA obligations to unwind.

Panoramic Views of the Mummy Range, Twin Sisters, and Surrounding Peaks The site offers awe-inspiring views of the Mummy Range, Twin Sisters, and surrounding mountain terrain from multiple locations across the parcel — a marketable asset that commands premium pricing in both for-sale and short-term rental product types.

Multiple Development Strategies Supported by the Site While the current plat supports 38 townhome units, the Accommodations zoning and 10-acre scale make the site viable for alternative strategies, including:

• A re-subdivision into a smaller number of larger A-zoned lots for boutique lodge, cabin resort, or hospitality development
• A single-family lot subdivision for custom mountain home product
• A phased approach combining STR-focused townhomes with hospitality infrastructure

Proven Market Demand Across All Three Development Paths Comparable townhome projects, A-zoned developments, and single-family subdivisions in the Estes Valley have all demonstrated strong absorption and exit pricing. Listing broker has approximate development cost figures and market comparables available for qualified buyers upon request.

Gateway to Rocky Mountain National Park | Year-Round Demand Driver Estes Park is a four-season destination — summer hiking, fall wildlife viewing, winter snowshoeing, and spring shoulder season all generate sustained lodging and residential demand. Short-term rental properties in the Estes Valley can average approximately $85,000 in annual gross revenue with occupancy rates approaching 63%, providing a strong underwriting baseline for STR-oriented development.