5520 Colt Drive Longmont, CO 80503 -- MLS# 7689853
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Property Description
Location, location, location! Officially sporting a Longmont address but nestled right on the edge of highly sought-after Gunbarrel / Boulder area, this property offers an incredible opportunity to get into an amazing neighborhood and build instant sweat equity. If you have been looking for a solid house with great bones to customize and transform into your absolute dream home, this is the one. While it needs a ton of cosmetic love, the expensive, big-ticket mechanical and structural items have already been checked off your list. Spanning 2, 208 square feet, the interior features a functional layout with 4 bedrooms, 3 full bathrooms, and a cozy wood-burning fireplace to anchor your future living space. The primary bedroom serves as a true retreat, complete with an ensuite bathroom and a spacious walk-in closet. Fresh paint and brand-new carpet provide a clean canvas to start your renovations, while a built-in wet bar and an unfinished basement offer endless potential to expand your square footage or design the ultimate entertainment zone. Best of all, you can remodel with total peace of mind knowing the roof and furnace are all brand new. The potential continues outside on a massive 9, 000-square-foot lot. The large backyard is fully ready for your landscaping ideas, whether you want to build a massive patio, plant a garden, or create a private oasis. Finding a property with this size lot and these major updates in such a prime location is a rare find. Bring your contractor, your design mood boards, and your vision to bring this unique home to its full potential!
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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Listings courtesy of REcolorado as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 06/05/2026 02:40 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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