1138568780178619
Megan Powell

216 S Commercial Street, Rico, CO 81332

$600,000
  • 216 S Commercial Street, Rico, CO 81332 Main Photo

23 Photos

Active
LOT SIZE 0.290 acres MLS#837273
STATUS PROPERTY TYPELand - Residential

Property Description

Exceptional Investment Opportunity in Historic Rico, Colorado! Discover a rare development opportunity in the heart of the San Juan Mountains. This offering includes five 25' x 100' town lots, with the potential for up to six homesitesâ??configured as five two-lot building sites and one one-lot homesite. Whether you're planning mountain cabins, vacation rentals, or custom homes, the possibilities are endless. Even better, there are no HOA fees, no covenants, and no homeowners association, providing the flexibility and freedom today's builders and investors are looking for. This property is surrounded by year-round outdoor recreation. Enjoy easy access to world-class skiing, hiking, mountain biking, fishing, hunting, and off-road trails. Approximately 30 minutes to Dolores, and about 1½ hours to Durango, this is an ideal location for those seeking a quiet mountain lifestyle with convenient access to nearby amenities and attractions with a 40-minute drive to Telluride. Whether you're an investor, developer, or visionary builder, this is a unique chance to create something special in one of Colorado's most scenic mountain communities. Don't miss this outstanding land investment opportunity!

216 S Commercial Street | MLS# 837273

This land located at 216 S Commercial Street, Rico, CO 81332 is currently listed for sale with an asking price of $600,000. The property has approximately 0.29 Acres. Search Rico real estate on www.meganknowsgj.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.29 Acres
Taxes: 1,314.04

Feature Descriptions

Access: Dirt
Days on Site: 49
Lot: Wooded Lot, Borders National Forest
Lot Dimensions: 100 x 25 = 5 1/3 Lot = 1
Present Use: Recreation, Mountain Recreation, Hunting
Pricing: 48.33 (Per Square Foot), 2105263.16 (Per Acre)
Sewer: Septic
Special View Info: Mountains
Utilities: Electricity Near, Propane Required
Water: Tap Paid, Public, Tap Available, Tap Installed
Wooded: Yes

Local Schools

High School: Telluride 9-12
Middle School: Telluride 7-8
Elementary School: Telluride K-6

Listed By / Shown By

Listed By

Agency Name: Stacked Real Estate Professionals

Shown By

Agent Name: Megan Powell
Agent Phone: Cell: (303) 501-3111
Agency Title: Key Realty

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Estimate Your Payment

Estimated Payment

$ 3,052.93 per month $2,877.84 Principal & Interest $0.08 Property Tax $175.00 Homeowner's Insurance

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