# James Drive, Tabernash, CO 80478 > **TL;DR:** land, $1,500,000. Est. $8,023/mo. Listed 12 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,500,000 | | Lot Size | 44,431 sqft (1.02 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 12 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,585 | | Estimated Insurance | $438 | | **Total** | **$8,023** | ## Property Highlights - 1.02 acre lot ## Description ### Agent Description An exceptional opportunity to acquire 17 fully platted, shovel-ready lots with substantial infrastructure investments already completed. This development offers a streamlined path to construction, eliminating many of the costly and time-consuming challenges typically associated with new development. Key Development Highlights 17 Fully Platted, Build-Ready Lots: All entitlement and platting work is complete, allowing a buyer to move directly into the building process, subject to required building permits and approvals. Infrastructure Complete: Roads and essential infrastructure are already installed, with utilities stubbed directly to each lot. This represents significant upfront cost savings and reduces development timelines. $578,000 in Prepaid Water and Sewer Taps: All 17 lot include paid water and sewer taps, representing a value of $34,000 per lot. With the district approaching capacity, these secured taps represent an increasingly valuable development asset. Operational Irrigation System: An expandable irrigation system is already installed and functioning, providing additional value and flexibility for future landscaping needs. Desirable Walkout Basement Opportunities: The 200, 400, and 1100 block lots feature walkout basement configurations, offering excellent opportunities for desirable floor plans and additional living space. 1000 and 1200 Block Lots: Additional site-specific features and development advantages to be highlighted. A Significant Head Start for Builders and Developers With entitlements completed, infrastructure installed, utilities stubbed, and nearly $600,000 in prepaid water and sewer taps, this property offers a rare opportunity to bypass much of the traditional land development process. The value is not simply in the 17 lots--it is in the time, investment, and development risk already addressed. This is an opportunity for a builder or developer to accelerate construction, reduce upfront capital requirements, and bring finished homes to market more efficiently. Developer Flexibility: The 1000 and 1200 block units offer flexibility to construct below-grade basements or eliminate basements entirely, at the developer's discretion. This allows the developer to adjust construction costs, floor plans, and pricing based on market demand. Proven, Marketable Floor Plans: The most recently constructed homes feature approximately 2,400 square feet, four bedrooms, 3.5 bathrooms, and two separate living areas. These spacious, functional layouts are particularly attractive to second-home buyers, families, and vacation property investors. Established HOA & Low Operating Costs Established, Financially Stable HOA: The homeowners association is fully established and operational, with strong reserves already in place. This eliminates much of the administrative and financial burden associated with launching a new development. Professional HOA Management: Allegiant Property Management has been retained to oversee HOA operations, reducing the developer's day-to-day management responsibilities and providing continuity for homeowners. Exceptionally Low HOA Dues: Monthly HOA dues are just $150, a significant selling advantage in the mountain resort market, where carrying costs are an important consideration for buyers. Declarant Rights & Developer Control Option to Assume Declarant Rights: The buyer has the opportunity to acquire declarant rights, potentially retaining control of the HOA board and providing greater flexibility in managing the development through completion. Potential HOA Cost Savings: Subject to the governing documents and applicable law, the developer may have the ability to avoid monthly HOA assessments on developer-owned inventory, reducing carrying costs throughout the construction and sales process. Overall Investment Advantage This development offers a rare combination of construction-ready inventory, established infrastructure, flexible building options, low ownership costs, and an operational HOA. Wit ## Location - **Address:** James Drive, Tabernash, CO 80478 - **County:** Grand - **Neighborhood:** COYOTE CREEK AT WP - **Coordinates:** 39.992564, -105.852966 - **Google Maps:** https://www.google.com/maps?q=39.992564,-105.852966 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/gcar/26-1493 ## Listing Agent - **Name:** Sheila Bailey - **Brokerage:** Keller Williams Advantage Realty - **Broker Phone:** (303) 986-4300 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/James-Dr_Tabernash_CO_80478_M99345-36785?f=listhub&s=GCBORCO-26&m=1493&c=propsimple) ## Photos ![James Drive - Photo 1](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f1350412480r.jpg) ![James Drive - Photo 2](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f2686719878r.jpg) ![James Drive - Photo 3](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f1275282231r.jpg) ![James Drive - Photo 4](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f2856684864r.jpg) ![James Drive - Photo 5](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f3051435691r.jpg) ![James Drive - Photo 6](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f2174257231r.jpg) ![James Drive - Photo 7](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f930618621r.jpg) ![James Drive - Photo 8](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f1687521124r.jpg) ![James Drive - Photo 9](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f766394589r.jpg) ![James Drive - Photo 10](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f3342488463r.jpg) ![James Drive - Photo 11](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f2005139758r.jpg) ![James Drive - Photo 12](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f1479531656r.jpg) ![James Drive - Photo 13](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f1479531656r.jpg) ![James Drive - Photo 14](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f2059305361r.jpg) ![James Drive - Photo 15](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f3883903116r.jpg) ![James Drive - Photo 16](http://lh.rdcpix.com/a25233c3d631c78e5ea831e8cf94ef44l-f1248562841r.jpg) --- **MLS#:** 26-1493 | **Updated:** 2026-11-03 **Source:** listhub *Copyright © 2026 Grand County Board of REALTORS®. 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/james-drive-tabernash-co-80478-1c9e4a0a9535475a87822fc74a446872) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/james-drive-tabernash-co-80478-1c9e4a0a9535475a87822fc74a446872#listing", "url": "https://www.propertysimple.ai/listing/james-drive-tabernash-co-80478-1c9e4a0a9535475a87822fc74a446872", "name": "James Drive, Tabernash, CO 80478", "description": "An exceptional opportunity to acquire 17 fully platted, shovel-ready lots with substantial infrastructure investments already completed. This development offers a streamlined path to construction, eliminating many of the costly and time-consuming challenges typically associated with new development. Key Development Highlights 17 Fully Platted, Build-Ready Lots: All entitlement and platting work is complete, allowing a buyer to move directly into the building process, subject to required building permits and approvals. Infrastructure Complete: Roads and essential infrastructure are already installed, with utilities stubbed directly to each lot. This represents significant upfront cost savings and reduces development timelines. $578,000 in Prepaid Water and Sewer Taps: All 17 lot include paid water and sewer taps, representing a value of $34,000 per lot. With the district approaching capacity, these secured taps represent an increasingly valuable development asset. Operational Irrigation System: An expandable irrigation system is already installed and functioning, providing additional value and flexibility for future landscaping needs. Desirable Walkout Basement Opportunities: The 200, 400, and 1100 block lots feature walkout basement configurations, offering excellent opportunities for desirable floor plans and additional living space. 1000 and 1200 Block Lots: Additional site-specific features and development advantages to be highlighted. A Significant Head Start for Builders and Developers With entitlements completed, infrastructure installed, utilities stubbed, and nearly $600,000 in prepaid water and sewer taps, this property offers a rare opportunity to bypass much of the traditional land development process. The value is not simply in the 17 lots--it is in the time, investment, and development risk already addressed. This is an opportunity for a builder or developer to accelerate construction, reduce upfront capital requirements, and bring finished homes to market more efficiently. Developer Flexibility: The 1000 and 1200 block units offer flexibility to construct below-grade basements or eliminate basements entirely, at the developer's discretion. This allows the developer to adjust construction costs, floor plans, and pricing based on market demand. Proven, Marketable Floor Plans: The most recently constructed homes feature approximately 2,400 square feet, four bedrooms, 3.5 bathrooms, and two separate living areas. These spacious, functional layouts are particularly attractive to second-home buyers, families, and vacation property investors. Established HOA & Low Operating Costs Established, Financially Stable HOA: The homeowners association is fully established and operational, with strong reserves already in place. This eliminates much of the administrative and financial burden associated with launching a new development. Professional HOA Management: Allegiant Property Management has been retained to oversee HOA operations, reducing the developer's day-to-day management responsibilities and providing continuity for homeowners. Exceptionally Low HOA Dues: Monthly HOA dues are just $150, a significant selling advantage in the mountain resort market, where carrying costs are an important consideration for buyers. Declarant Rights & Developer Control Option to Assume Declarant Rights: The buyer has the opportunity to acquire declarant rights, potentially retaining control of the HOA board and providing greater flexibility in managing the development through completion. Potential HOA Cost Savings: Subject to the governing documents and applicable law, the developer may have the ability to avoid monthly HOA assessments on developer-owned inventory, reducing carrying costs throughout the construction and sales process. Overall Investment Advantage This development offers a rare combination of construction-ready inventory, established infrastructure, flexible building options, low ownership costs, and an operational HOA. 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