SENSATIONAL 360 VIEWS IN THE HEART OF DURANGO! The potential for this property is endless. TWO ADJOINING PARCELS. 1 ACRE IS FLORIDA RD. FRONTAGE. Presently the acre on Florida Road provides access to the 6.5 Acres beyond. Atop the 6.5 acres is a Lovely & very well kept, triple wide manufactured home with a drive thru Garage. This can remain or be removed to Build your Dream Home or Potential Development! The Seller has given meticulous attention to every detail with potential for the future in mind: 6" City Sewer & 6" City Water lines with Fire Hydrant, The home connects to Durango City Water....BUT...also has a WELL which can be used for up to 1 acre of irrigation for lawns, gardens or domestic animals.. There are 9 Yard Hydrants, 2" Natural Gas line, electricity + perfect solar sites, phone & CTV. The property also provides access easements via Galaxy Drive and Animas Village. Depending on the vision one might have for this property, should someone want to develop the 1 acre on Florida Rd (ie; multi-family) there is potential to create new access to the 6.5 acres elsewhere. Of course....all is subject to city/county approval. SELLERS THOUGHTS ON FUTURE DEVELOPMENT: 9 Units on the 1 acre on Florida Rd.. This duplicates the 9 units on the adjoining acre and is within the existing medium density (12 per acre) zoning with or without pushing existing driveway north. 6 Units to the north end of Quasar St. that use the equivalent land that the two existing 6 unit buildings occupy 10 Units (20' wide) with spectacular views utilizing the existing driveway 1 Unit on top, the existing pond beside the existing driveway. 26 TOTAL UNITS x $55,000. per unit = $1,430,000. without ANY new city streets or long utility runs. This leaves about 1/2 of the original 7.5 Ac FOR potential future development or designated open space. All inside existing 7' high chain link fence. Again, subject to verification & City/County approval.

  • MLS# 752176
  • Sub-Type Resale
  • Status Active
  • Days On Site 310
Zoning Other
Acreage 7.50
Property View Yes
Listing Provided By:
Julie Itter  of  Integrity Real Estate Lending
 
 
 
 
 
 
 
 
 
 
this listing $1,400,000
223.70%
$432,500 in 81301
this listing 310 on site
252.27%
88 on site in 81301

Location

State CO
County La Plata
City Durango
Zip Code 81301
Area Durango In Town

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