431 Park Avenue, New Castle, CO 81647
Local realty services provided by:CENTURY 21 CapRock Real Estate
431 Park Avenue,New Castle, CO 81647
$1,499,000
- 4 Beds
- 2 Baths
- 2,136 sq. ft.
- Single family
- Active
Listed by: marty rochowiak
Office: aspen snowmass sotheby's international realty - glenwood springs970-366-3511
MLS#:193751
Source:CO_AGSMLS
Price summary
- Price:$1,499,000
- Price per sq. ft.:$701.78
About this home

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!...
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Home facts
- Year built:1895
- Listing ID #:193751
- Added:4 day(s) ago
- Updated:July 14, 2026 at 08:52 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,136 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1895
- Building area:2,136 sq. ft.
- Lot area:1.2 Acres
- Architectural Style:Split Level
Finances and disclosures
- Price:$1,499,000
- Price per sq. ft.:$701.78
- Tax amount:$2,803 (2025)
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