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$735,000
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Property Description
RARE 3.5-plus acre double-parcel lakefront opportunity! 2872 and 2876 N. Madison Ave must be sold together, offering unmatched flexibility for developers, investors, or homesteaders looking for a prime, central location. This expansive property is zoned County RR2, making it the perfect setting to bring your horses, vehicles, and outdoor toys. Water enthusiasts will love the 24 non-motorized lake subscriptions on Westerdoll Lake, which are ideal for peaceful kayaking, canoeing, and paddleboarding. For storage, the acreage features two standard outbuildings plus a giant, heated 72 by 36-foot metal storage shed. This massive building is equipped with two large garage doors (height: 12' & >8'), to easily accommodate an RV, boat, or heavy equipment. Bring your architectural plans to life by building a completely customized, private dream home on this massive lot. Alternatively, you can choose to develop and subdivide the land. Capitalize on the prime location by annexing the property into the city and transitioning the zoning to potentially transform the 3.5-plus acres into a multi-lot residential development. The property is centrally located and being sold strictly as-is. Do not miss out on this versatile acreage with rare private lake lifestyle perks.
Full Property Details
Full Property Details for 2876 N Madison Ave
General
- Price: $735,000
- Taxes: $8,690 (2025)
- Status: Active
- Type: Single Family
- Source: IRES
- MLS ID: 1060617
- Updated: 6/23/2026
- Added to Site: 56 day(s) ago
Interior
- Fireplace(s): None
- Appliances: No Inclusions
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Garage Door More Than 8 Feet High, Oversized Garage
Parking
- Parking Features: None
- Garage Description: None
Location
- Area: Loveland
- County: Larimer
- Subdivision: /070568 - S5 T05 R68
- Driving Directions: From US 34 Turn N. on Madison Ave. Property is to the East.
School Information
- School District: Thompson R2-J
- Elementary School: Peakview Academy at Conrad Ball
- Middle School: Peakview Academy at Conrad Ball
- High School: Mountain View
Community
- Association: Yes
- Assoc. Name: 7 Lakes Recreation Association
Heating & Cooling
- Heating Type: None
Utilities
- Gas: Yes
- Gas: Xcel
- Sewer: Septic Tank
- Water: City
- Utility Description: Natural Gas Available, Electricity Available
Structural Information
- Architectural Style: Farmhouse, Fixer-Upper
- Construction: Frame
- Exterior Const.: Frame
- Basement Desc.: None
- Roof: Composition
- Square Feet: 1,030
- Sq. Ft. Source: Assessor
- Living Area: 1,030 Sq. Ft.
- Year Built: 1900
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: Water
- Lot Size (Acres): 3.57
- Lot Size (Sq. Ft.): 155,509
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Wooded, Deciduous Trees, Abuts Pond/Lake, House Faces South, Unincorporated, Lake Access, Lake Front, Paved, Fire Hydrant within 500 Feet, Mineral Rights Excluded
- Potential Use: Single-Family, Farm
- Zoning: RR2
Horse Property
- Horse Facility Desc.: Zoning Appropriate for 4+ Horses
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $8,690
- Tax Year: 2025
- Terms: Cash, Portfolio Loan
Disclosures and Reports
- Special Conditions: Private Owner
- Exclusions: Personal Property within the Shed; all shelving; all vehicles; toys and trailers on property
- Property ID: R1137778
Listed by Kentwood RE Northern Prop Llc (970) 300-1985
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Schools
Schools serving 2876 N Madison Ave
School District:Thompson School District R-2j
| Name | Grades | Distance |
|---|---|---|
Mountain View High School 3500 Mountain Lion Drive, Loveland, CO 80537 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2876 N Madison Ave
Date
Details
Price
Change
Source
6/23/2026
Price Reduced
$735,000
-10.91%
MLS
6/02/2026
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2876 N Madison Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,410
8%
$40,619
-4%
2024
$3,144
4%
$42,297
—
2023
$3,035
61%
$42,297
76%
2021
$1,887
3%
$23,988
3%
2022
$1,838
-3%
$23,317
-3%
2021
$1,887
1%
$24,138
—
2019
$1,866
5%
$24,138
11%
2018
$1,770
16%
$21,722
—
2017
$1,523
12%
$21,722
16%
2016
$1,356
1%
$18,690
—
2015
$1,344
22%
$18,690
27%
2014
$1,098
—
$14,770
—
2013
$1,100
—
$14,770
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2876 N Madison Ave
2876 N Madison Ave, Loveland, CO 80538 (MLS# 1060617) is a Single Family property with 3 bedrooms and 1 full bathroom. 2876 N Madison Ave is currently listed for $735,000 and was received on June 02, 2026. Want to learn more about 2876 N Madison Ave? Do you have questions about finding other Single Family real estate for sale in Loveland? You can browse all Loveland real estate or contact a Coldwell Banker agent to request more information.

