$2,400,000
$1M PRICE DROP

455 & 589 High Llama Ln Durango, CO 81301

Estimated payment $13,513/month

Total Views 14,444
25 Acres
$96,000 Price per Acre
1,089,000 Sq Ft Lot

Highlights

  • 25 Acre Lot
  • Mountain View
  • Lot Has A Rolling Slope
  • Durango High School Rated A-

About This Lot

Two separately deeded parcels consisting of 25 acres in the path of development at the edge of Durango City limits. No HOA & No Covenants. City of Durango will require annexation for this land that is zoned medium density residential and approved for up to 12 units per acre. With the average price of a home in Durango now running over $900K, there's plenty of profit margin here for a developer. Central water and sewer are located just to the south at the corner of High Llama Lane and Wilson Gulch Road. Annual taxes are $3,095. 3 bedroom home built in 1981 rented for $1,000 a month through May 1, 2025. Guest apartment currently rented at $700 a month through May 1, 2025. No value given to the improvements.

Listing Agent

Justin Osborn

The Wells Group of Durango, LLC Listed on: 11/05/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,095

Lot Details

  • 25 Acre Lot
  • Lot Has A Rolling Slope
  • Property is zoned Residential Multi Family

Property Views

  • Mountain
  • Valley

Schools

  • Florida Mesa K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Well

Listing and Financial Details

  • Security Deposit $100,000
  • Assessor Parcel Number 566903400040

Property Details

Property Type

Land

Est. Annual Taxes

$3,095

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Durango
  • Legal Lot Block: Parcel # 566903100017 and Parcel # 566903400040
  • Lot Dimension: See map
  • Lot Size Acreage: 21-35 Acres
  • Parcel Id Number: 566903400040
  • Street Designation: Lane
  • Zoning: Residential Multi Family, Residential Single Family
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 25
  • Current Property Use: Residential Single Family
  • Em Deposit: 100,000
  • Mineral Rights: Unknown
  • Price Acre: 96000
  • Topography: Sloped, Rolling
  • Modularmobile Allow: Both
  • Price per Sq Ft: 2.2
  • Water Tap Available: Yes
  • Total Taxes Dollar: 3,095
  • Prop Description Remarks: Two separately deeded parcels consisting of 25 acres in the path of development at the edge of Durango City limits. No HOA & No Covenants. City of Durango will require annexation for this land that is zoned medium density residential and approved for up to 12 units per acre. With the average price of a home in Durango now running over $900K, there's plenty of profit margin here for a developer. Central water and sewer are located just to the south at the corner of High Llama Lane and Wilson Gulch Road. Annual taxes are $3,095. 3 bedroom home built in 1981 rented for $1,000 a month through May 1, 2025. Guest apartment currently rented at $700 a month through May 1, 2025. No value given to the improvements.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Durango
  • Water Well: Yes

Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8

Map

Range of Values:

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Average Value
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List Price
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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
04/22/2025 04/22/25 Price Changed $2,400,000 -33.3% --
11/05/2024 11/05/24 For Sale $3,600,000 -- --
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 819208

Colorado Real Estate Network (CREN)

Colorado La Plata County Durango 81301

455 & 589 High Llama Ln, Durango, CO

This home is located at 455 & 589 High Llama Ln, Durango, CO 81301 and is currently priced at $2,400,000. 455 & 589 High Llama Ln is a home located in La Plata County with nearby schools including Florida Mesa Elementary School, Escalante 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.

Nearby Homes
Justin Osborn
Listing Agent
Justin Osborn
Section Image
The Wells Group of Durango, LLC
(970) 535-8653