🏡 New Price + Old Town Overlay at 330 Gold Street, Buena Vista

Great news for homebuyers and real estate investors: 330 Gold Street in Buena Vista has just been reduced to $465,000! If you’ve had your eye on in-town properties or are interested in the possibilities that come with flexible zoning, this property deserves a fresh look.

What Does Old Town Overlay Zoning Mean in Buena Vista

New Price + Old Town Overlay

The Town of Buena Vista has a zoning framework that includes base zoning districts (residential, mixed‐use, etc.) plus overlay districts which layer additional rules. One of those overlays is the Old Town Overlay (OT). buenavistaco.gov+2my-BV+2

Here are some of the key things the OT zoning allows or modifies:

Feature	What OT Allows / Modifies
Lot Size & Setbacks	In many base residential districts under OT, the minimum lot area requirement is removed or reduced. For two‐family dwellings, for example, OT allows for lot areas as small as 2,500 sq ft. my-BV+1 Setbacks (front, side, rear) are generally smaller in OT, meaning buildings can be closer to the street or property lines (depending on whether there’s an alley, etc.). buenavistaco.gov+2buenavistaco.gov+2
Density & Building Coverage	OT increases allowable building coverage in some zones (can go higher than non‐overlay in certain districts). This means you can build more usable space on smaller lots. buenavistaco.gov+1
Flexibility in Use	Different housing types are more feasible under OT — things like single‐family, two‐family, attached dwellings, possibly live/work combinations depending on the underlying zone. buenavistaco.gov+1
Design & Compatibility	Even though OT gives more flexibility, there are still design, height, and form standards to ensure new or renovated properties fit the character of Old Town. This helps maintain what people love about Buena Vista’s historic and charming feel. buenavistaco.gov+1

Why That’s Good for 330 Gold Street

Putting the new price and the zoning together, here are a few reasons why 330 Gold Street is especially appealing:

• Better affordability — At $465,000, it might now be priced very competitively for Old Town. You’re getting more flexibility for your dollar.

• Potential for expansion or re-use — With OT zoning you might be able to maximize square footage or make modifications that wouldn’t be possible in more restrictive zones.

• Great for investment — Whether you live there or rent it out, the ability to use the property more flexibly (higher density, smaller lots, possibly better building coverage) typically increases future resale value.

• Character + Location — OT zoning means you probably won’t lose the historic / neighborhood feel, but you get the advantage of being able to do more than just the standard house on a large lot.