$100,000

Tbd N Hwy 550

Durango CO, 81301

Description

Beautiful lot ready to build your Colorado dream home. Year-round easy access off of Hwy 550. The property features views of Hermosa Cliffs and many mature spruce trees that would provide privacy to your future building site. Less than 3 minutes to Purgatory Mountain Resort and yet only 30 minutes to downtown Durango for all the restaurants, breweries and nightlife. Purgatory is not only a winter dreamland, summer activities include a mountain coaster, alpine slide, mountain bike park, scenic chairlift and so much more make it a year-round hotspot for family fun. The lot is only minutes away from some of the best hiking in the area and close proximity to Cascade Creek and Electra Lake make this a great setting for fishing. With its location being within minutes of so many amenities this would be a perfect site for a VRBO. Current owners do not pay HOA dues because they do not use the roads in the Lake of the Pines since they have direct access off of Highway 550. However, the current dues are $400 per year and they are on a voluntary basis. The homeowners association does not enforce covenants because they were not authorized to do so in the original protective covenants. They do road maintenance, entrance maintenance and maintenance around the lake.

Details

MLS#763606
Sub-TypeResale
StatusActive
Days On Site10

Features

ZoningResidential Single Family
Acreage1.02

Market Activity 81301

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Area Information

StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango Mountain Area
Listing VS Median (in 81301)
Price:
$100,000
low | high
Med:
$449,000
100% of Average
On Site:
10
low | high
Med:
237
4.2194092827% of Average
Listing Updated: 10/13/2019
MLS Number: 763606
Listing Provided By:
Rick Lorenz  of  The Wells Group of Durango Inc.



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