NOT LISTED FOR SALE

20-Unit Development Ln Durango, CO 81301

Estimated Value: $339,000 - $675,000

1.74 Acres
$291,379 Price per Acre
75,794 Sq Ft Lot

Last Sold December 20, 2021

Last sale price $850,000

Est. 40% decrease in value since last sale

Current estimated payment $3,660/month

570 Days on Market

Highlights

  • Mountain View
  • Durango High School Rated A-
  • Level Lot

About This Lot

As of December 2021

Resort 20-Unit DEVELOPMENT OPPORTUNITY READY TO GO! Luxury townhome development opportunity on a parcel within the Durango Mountain Resort Master Plan at Purgatory Ski Resort. Parcel is planned for an additional 20 units in the established Black Bear Townhome neighborhood just across Highway 550 from the Purgatory Ski Resort. Listing photos include some images of completed Black Bear Townhomes. Development site has been leveled, major grading is completed and utilities are in the paved road and ready to proceed. Amenities include the Durango Mountain Club with heated outdoor pool with slide at the base of the ski resort, convenient poolside access to the Bear Bar, oversized hot tub, fitness center, Woodhouse Spa, game room, private restaurant with full bar, TVs and a cozy stone fireplace seating area and the perfect setting for a mountain home! Views, proximity to Purgatory Ski Resort, shuttle service to the Resort, Durango Mountain Club amenities and gorgeous tall ponderosa Pines make this a fabulous opportunity to deliver new product to meet buyer demand! This is your chance to be a part of all the exciting growth at the Resort!

Last Agent to Sell the Property

Phil

Durango Mountain Realty LLC Listed on: 04/11/2020

Co-Listed By

Jaime Marquez

Coldwell Banker Mountain Properties

Last Buyer's Agent

Rachel Brinley

Durango Mountain Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,469

Lot Details

  • 1.74 Acre Lot
  • Level Lot

Property Views

  • Mountain Views

Schools

  • Animas Valley K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Community Details

  • Property has a Home Owners Association
  • Association fees include road maintenance, snow removal
  • Black Bear & Dmma HOA

Listing and Financial Details

  • Security Deposit $100,000
  • Assessor Parcel Number 508924300051

Property Details

Property Type

Land

Est. Annual Taxes

$2,469

Lot Details

0

Listing Details

  • Class: Land
  • Elevation: 8500
  • Em Holder: Colorado Title & Closing
  • Fronts: Forest
  • Legal Lot Block: SECTION: 24 TOWNSHIP: 39 RANGE: 9 LOT A.3 DMR TACOMA VILLAGE UNIT 1 PROJ 2005-0188 SUBDIVISION: DMR TACOMA VILLAGE UNIT 2
  • Parcel Id Number: 508924300051
  • Street Descriptionaccess: Paved
  • Street Designation: Lane
  • HOA Fee Frequency: Quarterly
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Tap Available
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 1.74
  • Current Property Use: Residential Single Family
  • Em Deposit: 100000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 775862.07
  • Topography: Level
  • Price per Sq Ft: 17.81
  • Sewer Tap Avail: Yes
  • Sold Priceacre: 488505.75
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 2469
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: Purgatory Metropolitan District

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance, Snow Removal
  • Hoa Name: Black Bear & DMMA

Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Animas Valley K-5
  • Middle School: Miller 6-8

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $850,000 -37.0% --
11/02/2021 11/02/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $1,350,000 0.0% --
02/20/2021 02/20/21 Pending -- -- --
04/11/2020 04/11/20 For Sale $1,350,000 -- --
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,896 $117,390 $117,390 --
2023 $9,896 $117,390 $117,390 $0
2022 $10,343 $122,020 $122,020 $0
2021 $7,525 $89,800 $89,800 $0
2020 $2,604 $31,540 $31,540 $0
2019 $2,469 $30,530 $30,530 $0
2018 $4,115 $50,900 $50,900 $0
2017 $3,881 $48,490 $48,490 $0
2016 $3,568 $46,270 $46,270 $0
2015 $1,447 $44,080 $44,080 $0
2014 $1,447 $18,960 $18,960 $0
2013 -- $18,390 $18,390 $0
Source: Public Records

Agents Affiliated with this Home

  • Phil

    Seller's Agent in 2021

    Phil

    Durango Mountain Realty LLC

    198 Total Sales

    Phil
    Section Image
  • Jaime Marquez

    Seller Co-Listing Agent in 2021

    Jaime Marquez

    Coldwell Banker Mountain Properties

    (970) 759-8919

    73 Total Sales

    Jaime Marquez
    Section Image
  • Rachel Brinley

    Buyer's Agent in 2021

    Rachel Brinley

    Durango Mountain Realty LLC

    (970) 203-4158

    104 Total Sales

    Rachel Brinley
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 768479

Colorado Real Estate Network (CREN)

APN: R428247

Colorado La Plata County Durango 81301

20-Unit Development Ln, Durango, CO

This home is located at 20-Unit Development Ln, Durango, CO 81301 since 11 April 2020 and is currently estimated at $507,000. 20-Unit Development Ln is a home located in La Plata County with nearby schools including Animas Valley Elementary School, Miller Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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