# 431 Park Avenue, New Castle, CO 81647 > **TL;DR:** 4bd/2ba single family, $1,299,000 ($608/sqft), built 1895, 2,136 sqft. > Waterfront. Est. $6,947/mo. Listed 110 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,299,000 | | Price/sqft | $608 | | Bedrooms | 4 | | Bathrooms | 2 full | | Square Feet | 2,136 | | Year Built | 1895 | | Lot Size | 52,272 sqft (1.20 acres) | | Stories | 2 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 110 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,568 | | Estimated Insurance | $379 | | **Total** | **$6,947** | ## Key Amenities - Waterfront ## Property Highlights - Built in 1895 - 1.20 acre lot - 2 stories - Waterfront ## Description ### Agent Description Investor Special with Riverfront Opportunity - Endless Potential! Unlock the possibilities at 431 Park Ave, New Castle, CO. This is the project you've been waiting for! Whether you're looking for your next investment, a complete renovation, or a fresh start with a brand-new custom home, this property offers exceptional potential. The sale includes the existing home, ready for a full remodel or demolition, situated on six Old Town lots, plus a separate neighboring riverfront parcel with direct access to Elk Creek. With the generous footprint and flexible layout, there may be opportunities to subdivide the lots (buyer to verify with the Town of New Castle), build two homes with river frontage, develop a multifamily project, or create your dream home with incredible outdoor space. A unique feature of the property is a natural spring located below the homesite near the river, which feeds a peaceful retention pond, adding to the property's natural beauty and creating a truly one-of-a-kind setting. Adding to the property's charm is an established orchard featuring apple, plum, chokecherry, apricot, and peachcot trees, providing beauty and seasonal harvests for years to come. Properties with this much land, river access, natural water features, and development potential are hard to find. Bring your vision and transform this unique opportunity into something truly special! ## Location - **Address:** 431 Park Avenue, New Castle, CO 81647 - **County:** Garfield - **Neighborhood:** Coryell Addition - **Coordinates:** 39.576934, -107.542521 - **Google Maps:** https://www.google.com/maps?q=39.576934,-107.542521 ## Listing Agent - **Name:** Marty Rochowiak - **Brokerage:** Aspen Snowmass Sotheby's International Realty - **Broker Phone:** (970) 925-6060 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/431-Park-Ave_New-Castle_CO_81647_M13650-84356?f=listhub&s=AGSMLS&m=193751&c=propsimple) ## Photos ![431 Park Avenue - Photo 1](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f3572750824r.jpg) ![431 Park Avenue - Photo 2](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f3089521153r.jpg) ![431 Park Avenue - Photo 3](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f3221116939r.jpg) ![431 Park Avenue - Photo 4](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f2792917939r.jpg) ![431 Park Avenue - Photo 5](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f2711988270r.jpg) ![431 Park Avenue - Photo 6](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f3721297969r.jpg) ![431 Park Avenue - Photo 7](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f3898446620r.jpg) ![431 Park Avenue - Photo 8](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f2367796530r.jpg) ![431 Park Avenue - Photo 9](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f3301778016r.jpg) ![431 Park Avenue - Photo 10](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f3143185841r.jpg) ![431 Park Avenue - Photo 11](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f2791740320r.jpg) ![431 Park Avenue - Photo 12](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f3255640248r.jpg) ![431 Park Avenue - Photo 13](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f2711832498r.jpg) ![431 Park Avenue - Photo 14](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f270220599r.jpg) ![431 Park Avenue - Photo 15](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f1009157459r.jpg) ![431 Park Avenue - Photo 16](http://lh.rdcpix.com/3336d5ca2053008353a67752998b7af9l-f896621866r.jpg) --- **MLS#:** 193751 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/431-park-avenue-new-castle-co-81647-e4f8cfabb3674537b2ef23ce9f243888) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/431-park-avenue-new-castle-co-81647-e4f8cfabb3674537b2ef23ce9f243888#listing", "url": "https://www.propertysimple.ai/listing/431-park-avenue-new-castle-co-81647-e4f8cfabb3674537b2ef23ce9f243888", "name": "431 Park Avenue, New Castle, CO 81647", "description": "Investor Special with Riverfront Opportunity - Endless Potential! Unlock the possibilities at 431 Park Ave, New Castle, CO. This is the project you've been waiting for! 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Adding to the property's charm is an established orchard featuring apple, plum, chokecherry, apricot, and peachcot trees, providing beauty and seasonal harvests for years to come. Properties with this much land, river access, natural water features, and development potential are hard to find. 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