31 Terra Blue Way - 8 Lots

    Durango, CO 81301
    • $800,000
    • STATUS: Active
    • ON SITE: 441 days
    • MLS #: 737430
    $800,000
    • 0
      BEDS
    • 0.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing courtesy of Durango Mountain Realty.


    Description

    ONLY 8 LOTS REMAIN! New subdivision with improved lots ready to build! Just 4 miles east of Durango in the cool pines at 7500 ft, this Phase 2 of an established subdivision within the desirable Edgemont Highlands Master Plan is fully improved and branded. ELEMENTS AT EDGEMONT HIGHLANDS PHASE 2 is ready to go vertical! You won't find a small subdivision of improved lots like this anywhere else! Of the 17 total lots, only 8 are left available (4 detached and 4 in duplexes). This subdivision is designed as "clustered homes" with smaller building envelopes/lots and more common area open space. This minimizes maintenance for the homeowners without compromising on the overall open area in the neighborhood. With a gross density of 4 unit to the acre, the gross area per home is essentially 0.25 acres - but low maintenance! A win win! The Elements Association maintains all those common areas and landscaping there as well for the owners. With conceptual plans for home sizes ranging from 1300 to 2000 square feet, this subdivision can deliver a great value and price point to the market that is much in demand! Elements Phase 1 included 14 townhomes ranging from 1365 to 2200 square feet and is SOLD OUT. Elements assessments are $125 per lot per quarter + Edgemont assessments are $135 per lot per quarter. Buyer responsible for these items per lot at closing: $2,350 infrastructure fee per payable to ERMD, $1,294 in water and sewer "tap fees", $2,000 in electric and gas deposits, $500 to reserve fund for Elements, $500 reserve fund to Edgemont. Subdivision offering includes soils testing by Trautner, civil engineering by Russell, trees and site surveyed by Moreno, approved final plat by Moreno, logo and branding, professional subdivision website LIVE, recorded covenants, and an established association with professional management by AREM. Lot 20 is 31 Terra Blue Way. The 8 lots include 15, 16, 17, 18, 19, 20, 22, 24, 25. Also listed in MLS as 4 lots or 2 lots. Call for details. Take advantage of an opportunity to deliver a lower price point new home in high demand and offer all that Edgemont Highlands includes: community lodge with full kitchen and oversized porch, herb garden, 10+ miles of hiking trails, over 1.5 miles of Florida River for fly fishing and over 200 acres of open space to explore!

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2018. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2018-11-21T23:56:33.667.
    www.durangomountainrealty.com/homes/76506017

    31 Terra Blue Way - 8 Lots Durango, CO 81301

    • Price: $800,000
    • Status: Active
    • MLS #: 737430
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.65
    Acres
    Neighborhood:
    Edgemont Highl.
    County:
    La Plata
    Area:
    Durango Rural
    Elementary School:
    Riverview K-5
    Middle School:
    Miller 6-8
    High School:
    Durango 9-12
    Property Description
    ONLY 8 LOTS REMAIN! New subdivision with improved lots ready to build! Just 4 miles east of Durango in the cool pines at 7500 ft, this Phase 2 of an established subdivision within the desirable Edgemont Highlands Master Plan is fully improved and branded. ELEMENTS AT EDGEMONT HIGHLANDS PHASE 2 is ready to go vertical! You won't find a small subdivision of improved lots like this anywhere else! Of the 17 total lots, only 8 are left available (4 detached and 4 in duplexes). This subdivision is designed as "clustered homes" with smaller building envelopes/lots and more common area open space. This minimizes maintenance for the homeowners without compromising on the overall open area in the neighborhood. With a gross density of 4 unit to the acre, the gross area per home is essentially 0.25 acres - but low maintenance! A win win! The Elements Association maintains all those common areas and landscaping there as well for the owners. With conceptual plans for home sizes ranging from 1300 to 2000 square feet, this subdivision can deliver a great value and price point to the market that is much in demand! Elements Phase 1 included 14 townhomes ranging from 1365 to 2200 square feet and is SOLD OUT. Elements assessments are $125 per lot per quarter + Edgemont assessments are $135 per lot per quarter. Buyer responsible for these items per lot at closing: $2,350 infrastructure fee per payable to ERMD, $1,294 in water and sewer "tap fees", $2,000 in electric and gas deposits, $500 to reserve fund for Elements, $500 reserve fund to Edgemont. Subdivision offering includes soils testing by Trautner, civil engineering by Russell, trees and site surveyed by Moreno, approved final plat by Moreno, logo and branding, professional subdivision website LIVE, recorded covenants, and an established association with professional management by AREM. Lot 20 is 31 Terra Blue Way. The 8 lots include 15, 16, 17, 18, 19, 20, 22, 24, 25. Also listed in MLS as 4 lots or 2 lots. Call for details. Take advantage of an opportunity to deliver a lower price point new home in high demand and offer all that Edgemont Highlands includes: community lodge with full kitchen and oversized porch, herb garden, 10+ miles of hiking trails, over 1.5 miles of Florida River for fly fishing and over 200 acres of open space to explore!
    Exterior Features

    Acreage Range 1-5 Acres Fronts Ponderosa And Oak Property Description Wooded LotCul-De-SacBoundaries SurveyedFishing Rights Sewer Sewer Tap AvailableCentral Sewer Septic In Yes Sewer Tap Avail Yes Street Description PavedPrivate Winter Maintenanc Topography Sloped Utilities ElectricityPhoneNatural GasCable TvInternet Views Mountains Water PublicTap Available Water Tap Avail Yes Water Tap Installed Yes Water Well No Waterfront YN No

    Interior Features

    One Quarter Baths 0

    Property Features

    Covenants Yes Current Use Other-See Remarks Elevation 7500 Hoa Yes Hoa Name Elements & Edgemont Highlands Income Producing No Modular Mobile Allowed No Reo Lender Owned No Sewer Paid Yes Tax Year 2018 Total Taxes 2957.60 Type Residential Water Rights No Water Tap Paid Yes Zoning Residential Multi Family

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2018. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2018-11-21T23:56:33.667.
     
    Durango Mountain Realty
    PO Box 17000
    Durango CO, 81302
    Listing courtesy of Durango Mountain Realty.