$2,400,000

TBD Cedar Ridge Way Durango, CO 81301

Estimated payment $13,945/month

2.16 Acres
$1,111,111 Price per Acre
94,090 Sq Ft Lot

Highlights

  • Mountain View
  • Park Elementary School Rated A-
  • Property is near a preserve or public land

About This Lot

Unique opportunity to purchase the remainder of a shovel ready development located just steps from Downtown Durango,FLC and Hillcrest Golf Course. Utilities are to all lots. This offering consists of 5 duplex lots (10 townhomes) and 1 singlefamily home lot. With easy access to all Durango has to offer, the finished homes will certainly be very sought after.

Listing Agent

Max Hutcheson

The Wells Group of Durango, LLC Listed on: 02/04/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,007

Lot Details

  • 2.16 Acre Lot
  • Property is zoned Residential Multi Family

HOA Fees

  • $117 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

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

Utilities

  • Internet Available

Community Details

  • Association fees include road maintenance
  • Cedar Ridge HOA
  • Cedar Ridge Estates Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 566528201054

Property Details

Property Type

Land

Est. Annual Taxes

$9,007

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Class: Land
  • Em Holder: Colorado Title
  • Legal Lot Block: TBD: SUBDIVISION: CEDAR RIDGE PD PLAT 1080653
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 566528201054
  • Property Description: Borders Public Land
  • Street Descriptionaccess: City/Town
  • Street Designation: Road
  • Tax Account Id: R435066
  • Zoning: Residential Multi Family
  • HOA Fee Frequency: Quarterly
  • Domestic Sewer: Central, Sewer Tap Available
  • Domestic Water: Tap Available, Public
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 2.16
  • Current Property Use: Residential Single Family
  • Em Deposit: 50000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 1111111.11
  • Price per Sq Ft: 25.51
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • HOA Fees: Yes
  • Total Taxes Dollar: 9007.44
  • Prop Description Remarks: Unique opportunity to purchase the remainder of a shovel ready development located just steps from Downtown Durango,FLC and Hillcrest Golf Course. Utilities are to all lots. This offering consists of 5 duplex lots (10 townhomes) and 1 singlefamily home lot. With easy access to all Durango has to offer, the finished homes will certainly be very sought after.
  • Subdv Name: Cedar Ridge Estates
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Natural Gas, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Water Supplier: City Of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Road Maintenance
  • Hoametro Fees: 350
  • Hoa Name: Cedar Ridge

Schools

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

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Park K-5
  • Middle School: Escalante 6-8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $10,588 $271,550 $271,550 --
2024 $9,007 $224,110 $224,110 --
2023 $9,007 $224,110 $224,110 $0
2022 $2,801 $232,940 $232,940 $0
2021 $2,734 $68,880 $68,880 $0
2020 $2,564 $66,700 $66,700 $0
2019 $2,453 $66,700 $66,700 $0
2018 $2,315 $63,730 $63,730 $0
2017 $2,263 $63,730 $63,730 $0
2016 $1,973 $60,540 $60,540 $0
2015 $339 $60,540 $60,540 $0
2014 $339 $10,670 $10,670 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 For Sale $2,400,000 -- --
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 821046

Colorado Real Estate Network (CREN)

APN: R435066