Old Town infill site with approved development review, zoning approvals, and approximately $40,000 in completed pre-development work. Build new without the uncertainty or long timelines. 722 Cherry Street includes development review and zoning approvals, architectural and engineering plans, plus survey, legal, and recording costs, saving a buyer approximately 18 months of entitlement work. The approved site plan allows for a 2,800 sq ft, two-story home with a private-entry in-law suite, with all setbacks, access, parking, and variances already resolved. OT-B zoning also allows a duplex configuration, which a future buyer may explore by leveraging the already-approved footprint to streamline City reviews. With Cherry Street frontage, alley access, and placement in the primary short-term rental zone, the property offers flexibility for owner-occupants, multi-generational living, or long-term optionality. Utility and capital expansion fee estimates are complete and available to qualified buyers. Move directly into construction, select finishes, and potentially move in within 6-9 months. A rare opportunity to build new in one of Fort Collins' most sought-after neighborhoods without starting from scratch.
Natural Gas Available, Electricity Available, Cable Available, High Speed Avail
SEWER
Public Sewer
WATER SOURCE
City
Fence
Partial, Wood
Lot Features
Corner Lot, Level, House Faces South, City Limits, City Lot, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant within 500 Feet
View
City
CITY
Fort Collins
SUBDIVISION
Longstein Sub
COUNTY
Larimer
AREA
Fort Collins
STATE
CO
TAX AMOUNT
3239.0
LATEST UPDATE
2026-02-03T17:19:54.999Z
DAYS ON MARKET
2
PRICE CHANGE(S)
$350,000 Feb 3, 2026
Property Details
Property TypeLand
StatusActive
Property Sub TypeMixed Use
MLS #1050721
Utility FeaturesNatural Gas Available, Electricity Available, Cable Available, High Speed Avail
SEWERPublic Sewer
WATER SOURCECity
FencePartial, Wood
Lot FeaturesCorner Lot, Level, House Faces South, City Limits, City Lot, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant within 500 Feet
ViewCity
CITYFort Collins
SUBDIVISIONLongstein Sub
COUNTYLarimer
AREAFort Collins
STATECO
TAX AMOUNT3239.0
LATEST UPDATE2026-02-03T17:19:54.999Z
DAYS ON MARKET2
PRICE CHANGE(S)
$350,000 Feb 3, 2026
Market Trends
New Properties On Market
23
21%
Increase In New Listings
Average Asking Price
$562,666
$96,384 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$354
$27 Decrease In List Price/Sq. Ft.
Average Days On Market
17
24 Day
Decrease In Days On Market
Data as of Mar 19, 2026.
Remaining statistics above are calculated on activity within the period from Jan 01, 2026 to Feb 28, 2026.