32415 US-6 Hwy - Commercial LAND FOR SALE


Edwards, CO 81632 74,923 SF
$3,500,000 USD
970-239-4199
32415 US-6 Hwy, Edwards, CO for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/8
74,923 SF

32415 US-6 Hwy
Edwards, CO 81632


HIGHLIGHTS

  • Approved 32-unit rental community on 1.72 acres along the Eagle River in Edwards, Colorado — fully entitled with PUD approval granted October 14, 2025
  • 42 designated parking spaces for 32 units, with a managed assignment and permit system to keep parking organized for residents and guests
  • Eagle County median home prices above $1.2M and approximately 40% second-home stock drives deep renter demand for multifamily product
  • Attractive unit mix, featuring 16 two-bedroom apartments (avg. 908 sq. ft.) and 16 one-bedroom apartments (avg. 633 sq. ft.) across two buildings
  • Riverside open space amenity — Margaux Park — offering a water quality pond, walking path, and riparian habitat restoration along the Eagle River
  • Prime, walkable location near Edwards' core services and free Core Transit access, ideal for a rental community

OVERVIEW

The Margaux PUD is an approved 32-unit residential rental community situated on 1.72 acres along the Eagle River in Edwards, Colorado — just north of Highway 6, offering a rare, entitled multifamily opportunity in the heart of the mid-valley. Approved by the Eagle County Board of County Commissioners on October 14, 2025, the Planned Unit Development permits two residential buildings, totaling 32 rental apartments: sixteen 2-bedroom units (averaging 908 sq. ft.) and sixteen 1-bedroom units (averaging 633 sq. ft.). Each building includes secure indoor storage for tenant bikes, skis, and other gear. Half of the 32 units — 16 total — will be restricted as Resident Occupied housing under Eagle County's Affordable Housing Guidelines, exceeding standard requirements, with two one-bedroom units further rent-restricted to 100% of Area Median Income. As an alternative to the current PUD entitlement, the property could potentially be downzoned to Eagle County's Residential Suburban Low Density (RSL) zone district, which is intended to provide relatively low-density residential neighborhoods within and at the periphery of the county's community centers and rural centers. RSL permits single-family, duplex, and multi-family residences on lots of 15,000 square feet or larger, with standards limiting maximum lot coverage and floor area, and may also allow accessory dwelling units — offering flexibility for a more conventional residential subdivision or lower-density multi-family layout in place of the currently approved 32-unit rental concept. Positioned near Edwards' core services and a walk from free Core Transit access, The Margaux offers exceptional connectivity under either development scenario.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$2,034,884/AC

PRICE/SF

$47 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Margaux PUD

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

1.72 AC

LAND SF

74,923 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

-

APN/PARCEL ID

2105-062-30-001

ASK ABOUT THIS PROPERTY

Erich SchmidtFortius Commercial AdvisorsMore Info
970-239-4199

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Erich SchmidtFortius Commercial AdvisorsMore Info
970-239-4199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.