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$3,600,000
25± Acres
Active
La Plata County, CO

455 & 589 High Llama, Durango, Colorado

MLS ID: 819208
Status: Active
Price: $3,600,000
Acres: 25±
Type: Land, Residential
Address: 455 & 589 High Llama
City, State: Durango, CO
County: La Plata County
ZIP Code: 81301
Parcel Number: 566903400040
Listed by: Justin Osborn of The Wells Group Of Durango, Llc

Description

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.

Additional Information

Exterior

Lot Dimensions Source: Assessor
Lot Features: Rolling Slope, Sloped
Lot Size Dimensions: See map

Financial/HOA/Schools

Days On Market: 8
Elementary School: Florida Mesa K-5
Middle School: Escalante 6-8
High School: Durango 9-12
Zoning Description: Residential Multi Family, Residential Single Family

Extra Information

Documents Available: Topographical Survey
Jake Hubbell

Jake Hubbell

Hotchkiss, Colorado

(970) 250-9396

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Listed By: Justin Osborn of The Wells Group Of Durango, Llc