Pending
32415 Highway 6 Edwards, CO - Image 132415 Highway 6 Edwards, CO - Image 232415 Highway 6 Edwards, CO - Image 332415 Highway 6 Edwards, CO - Image 432415 Highway 6 Edwards, CO - Image 532415 Highway 6 Edwards, CO - Image 632415 Highway 6 Edwards, CO - Image 7
Pending

$3,500,000

0 Beds 0 Baths 0 SQFT 1.74 Acres
Type: Commercial

32415 Highway 6, Edwards, CO 81632

MLS#: 1014927
Slifer Smith & Frampton Real Estate | vailrealestate.com
Office: 970.845.2000
Presented by: Fortius Commercial Advisors

32415 Highway 6, Edwards, CO 81632

 

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.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NNo

General

Attached Garage No
CityEdwards
Construction MaterialsSee Remarks
CountyEagle
Development StatusRaw Land
Entry LocationHwy 6
Garage Y/NNo
HOANo
HeatingNone
Land Lease Y/NNo
Lot Size Square Feet75,794 sqft
Lot Size UnitsAcres
MLS AreaEdwards
MLS Area MinorEdwards
Property SubtypeMulti Family
Property TypeCommercial Sale
Standard StatusPending
StatusPending - Continue to Show
Stories Count0
Subdivision NameOther
Tax Annual Amount$32,928
Tax Year2025
UtilitiesElectricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
ZoningMargaux PUD

Exterior

Building Area Total0 sqft
Foundation DetailsOther
Lot Size Acres1.74
Lot Size Area1 sqft
Lot Size SourceCounty/Gov't
Number of Buildings0
Parking FeaturesOther

Additional Details

Price History

  

Similar Properties

$3,500,000

0 Beds 0 Baths 0 SQFT 1.74 Acres
Type: Commercial

32415 Highway 6, Edwards, CO 81632

MLS#: 1014927
Slifer Smith & Frampton Real Estate | vailrealestate.com
Office: 970.845.2000