$989,000

TBD 144 Lots Gateway Dr Cortez, CO 81321

Estimated payment $6,249/month

40 Acres
$24,725 Price per Acre
1,742,400 Sq Ft Lot

About This Lot

144 Deeded Building sites!! 83 townhome sites and 61 single family home sites. Over 40 acres of platted development grounds with 33 acres of deeded single family homes sites. The townhomes are ready to build with a paved road and all utilities in place at an estimated value of over 900k in improvements. The single family home sites will need road and utility installation but have the main electric line in place. You can't beat this investment deal anywhere on the Western Slope! Amazing per lot price!! Cortez has a lot of upside and this long term investment is the gift that will keep on giving with trickle cash flow for years to come. Build all 145 units and WIN BIG in SW Colorado!

Listing Agent

Peter Singleton

4 Corners Properties Inc. Listed on: 12/02/2025

Co-Listing Agent

Tim Singleton

4 Corners Properties Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,500

Lot Details

  • 40 Acre Lot

Schools

  • Kemper K-5 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Community Details

  • Property has a Home Owners Association
  • Brandons Gate HOA
  • Brandons Gate Subdivision

Listing and Financial Details

  • Security Deposit $25,000
  • Assessor Parcel Number 561124126019

Property Details

Property Type

Land

Est. Annual Taxes

$12,500

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Colorado Title
  • Legal Lot Block: 83 Townhome sites and 62 single family lots.
  • Parcel Id Number: 561124126019
  • Street Designation: Drive
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Public
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 40
  • Current Property Use: Residential Single Family
  • Em Deposit: 25000
  • Price per Sq Ft: 0.57
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Total Taxes Dollar: 12500
  • Prop Description Remarks: 144 Deeded Building sites!! 83 townhome sites and 61 single family home sites. Over 40 acres of platted development grounds with 33 acres of deeded single family homes sites. The townhomes are ready to build with a paved road and all utilities in place at an estimated value of over 900k in improvements. The single family home sites will need road and utility installation but have the main electric line in place. You can't beat this investment deal anywhere on the Western Slope! Amazing per lot price!! Cortez has a lot of upside and this long term investment is the gift that will keep on giving with trickle cash flow for years to come. Build all 145 units and WIN BIG in SW Colorado!
  • Subdv Name: Brandons Gate
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Cortez

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: water bill
  • Hoa Name: Brandons Gate

Schools

  • High School: Montezuma-Cortez 9-12

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Kemper K-5
  • Middle School: Cortez 6-8

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $989,000 -- --
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 830234

Colorado Real Estate Network (CREN)
Colorado Montezuma County Cortez 81321

TBD 144 Lots Gateway Dr, Cortez, CO

For Sale

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Nearby Homes
Peter Singleton
Listing Agent
Peter Singleton
Section Image
4 Corners Properties Inc.
(970) 478-8019