$2,000,000

TBD (Phase 1-A) Highway 550 Durango, CO 81301

Estimated payment $13,141/month

Total Views 10,194
2.25 Acres
$888,889 Price per Acre
98,010 Sq Ft Lot

Highlights

  • Mountain View
  • Adjacent to Greenbelt
  • 2-minute walk to Riverfront Park
  • Park Elementary School Rated A-
  • Corner Lot

About This Lot

This parcel has excellent visibility from Highway 550 and easy access via the turn lane into Cascade Village. The parcel is perfect for a lodging development, hotel or a combination of hotel/lodging and activity center. With the volume of traffic passing by this location and the close proximity to Purgatory, as well as trail heads to Cascade Creek, Lime Creek, Spud Lake and many more, the recreation opportunities compliment the location for lodging.

Listing Agent

John Wells

The Wells Group of Durango, LLC

Property Details

Property Type

  • Land

Lot Details

  • 2.25 Acre Lot
  • Adjacent to Greenbelt
  • Corner Lot
  • Sloped Lot
  • Property is zoned Business, Commercial, Residential Multi Family

Property Views

  • Mountain Views

Schools

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

Utilities

  • Propane
  • Phone Available

Listing and Financial Details

  • Security Deposit $100,000
  • Assessor Parcel Number 50891320130007

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Elevation: 8700
  • Em Holder: CTS
  • Legal Lot Block: Account(s): R5937; R5938; R5939; R5940; R5941; R5942 Parcel(s): PIN 50891320130007; 50891320130008; 50891320130009; 50891320130010; 50891320130011; 50891320130012 Parcel Count (if undivided interest or severed minerals): 6 Tax District: 103 Subdivision: Cascade Village Block: Phase: 1-A FINAL LEGAL DESCRIPTION TO BE DETERMINED UPON FINAL ACCEPTED TITLE COMMITMENT.
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 50891320130007
  • Property Description: Corner, Adj To Greenbelt
  • Zoning: Business, Commercial, Residential Multi Family
  • Domestic Sewer: Central
  • Domestic Water: Public
  • Type: Multi-Family
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 2.25
  • Current Property Use: Commercial
  • Em Deposit: 100,000
  • Possible Property Use: Commercial
  • Price Acre: 888888.89
  • Topography: Sloped
  • Price per Sq Ft: 20.41
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Prop Description Remarks: This parcel has excellent visibility from Highway 550 and easy access via the turn lane into Cascade Village. The parcel is perfect for a lodging development, hotel or a combination of hotel/lodging and activity center. With the volume of traffic passing by this location and the close proximity to Purgatory, as well as trail heads to Cascade Creek, Lime Creek, Spud Lake and many more, the recreation opportunities compliment the location for lodging.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Propane Required, Phone - Landline, Phone - Cell Reception, Electricity Near, Phone Near
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane

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: 2022

MLS Schools

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

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 For Sale $2,000,000 -- --
Source: Colorado Real Estate Network (CREN)

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Source: Colorado Real Estate Network (CREN)

MLS Number: 814788

Colorado Real Estate Network (CREN)

Colorado La Plata County Durango 81301

TBD (Phase 1-A) Highway 550, Durango, CO

Homes for Sale in Durango, CO

This home is located at TBD (Phase 1-A) Highway 550, Durango, CO 81301 and is currently priced at $2,000,000. TBD (Phase 1-A) Highway 550 is a home located in La Plata County with nearby schools including Park 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.

John Wells
Listing Agent
John Wells
Section Image
The Wells Group of Durango, LLC
(970) 660-3772