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tbd E 6th Ave & E. 30th St

Durango, CO 81301
  • $1,625,000
  • STATUS: Active Under Contract
  • ON SITE: 25 Days
  • MLS #: 789366
Under Contract
$1,625,000
  • 0
    BEDS
  • 1.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Coldwell Banker Distinctive Properties.


Description

ATTENTION DEVELOPERS/INVESTORS. Every now and then a rare find becomes available in the City Limits and these 2 adjoining parcels with a combined lot size of approx. 1.827acs represents one of those finds. PARCEL #1, 5665-163-00-026, is vacant land consisting of approx. 1.19acs currently platted as 3 City lots and has been used as a community garden that will vacate at the end of September 2022. This land offers end of the road privacy backing up to the hillside below Riverview Elementary School with easy level access from existing City streets. City utilities cross the property and one City water tap is currently in use and included. Explore possible ideas with the City for multiple homes or even one ultimate in-town estate sized single family compound. This parcel is accessed off of E 30th St and E. 6th Ave. Call for details. PARCEL #2, 5665-163-00-027, adjoins these 3 City lots to the south located at 242 Riverview Drive consisting of approx. 0.637acs with a 3 bedroom, 2 bath house with a 2 car garage. This parcel is accessed off of Riverview Drive. Owning both parcels may offer the potential to do a boundary adjustment subject to City Planning approval. Buyers are advised to discuss all plans or ideas directly with City Planning and Public Works. This house located at 242 Riverview has been recently remodeled with a new roof, new roof top solar system, new carpet, new appliances, new fencing, new irrigation system in front yard with 5 new trees, new sod to be completed this Spring in the front and both sides of the fenced area, and it has 2 A/C split units. This home could be sold separately but together these combined properties might afford more development options to explore. Or keep this home for monthly investment income as you develop the adjoining vacant land parcel. Seller will sell the house off separately for $675,000 but first wanted to offer both parcels together. If a Buyer of the adjoining property described above did not want to purchase this home at 242 Riverview then the existing 3 City Lots on 1.19acs could be purchased for $950,000. Lots of potential especially with the very low in-town home inventory. Don't overlook exploring all possibilities with the City of Durango to build out this unique in-town residential infill opportunity. Property taxes shown are 2021 Assessor estimates for the combined total of the House at 242 Riverview and the separate 3 adjoining City lots.

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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 2022. 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: 2022-01-22T23:56:22.047.
www.durangomountainrealty.com/homes/124327341
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tbd E 6th Ave & E. 30th St Durango, CO 81301

  • Price: $1,625,000
  • Status: Active Under Contract
  • On Site: 25 Days
  • MLS #: 789366
0
Beds
0
Baths
0
½ Baths
1.82
Acres
Neighborhood:
None
County:
La Plata
Area:
Durango In Town
Elementary School:
Riverview K-5
Middle School:
Miller 6-8
High School:
Durango 9-12
Property Description
ATTENTION DEVELOPERS/INVESTORS. Every now and then a rare find becomes available in the City Limits and these 2 adjoining parcels with a combined lot size of approx. 1.827acs represents one of those finds. PARCEL #1, 5665-163-00-026, is vacant land consisting of approx. 1.19acs currently platted as 3 City lots and has been used as a community garden that will vacate at the end of September 2022. This land offers end of the road privacy backing up to the hillside below Riverview Elementary School with easy level access from existing City streets. City utilities cross the property and one City water tap is currently in use and included. Explore possible ideas with the City for multiple homes or even one ultimate in-town estate sized single family compound. This parcel is accessed off of E 30th St and E. 6th Ave. Call for details. PARCEL #2, 5665-163-00-027, adjoins these 3 City lots to the south located at 242 Riverview Drive consisting of approx. 0.637acs with a 3 bedroom, 2 bath house with a 2 car garage. This parcel is accessed off of Riverview Drive. Owning both parcels may offer the potential to do a boundary adjustment subject to City Planning approval. Buyers are advised to discuss all plans or ideas directly with City Planning and Public Works. This house located at 242 Riverview has been recently remodeled with a new roof, new roof top solar system, new carpet, new appliances, new fencing, new irrigation system in front yard with 5 new trees, new sod to be completed this Spring in the front and both sides of the fenced area, and it has 2 A/C split units. This home could be sold separately but together these combined properties might afford more development options to explore. Or keep this home for monthly investment income as you develop the adjoining vacant land parcel. Seller will sell the house off separately for $675,000 but first wanted to offer both parcels together. If a Buyer of the adjoining property described above did not want to purchase this home at 242 Riverview then the existing 3 City Lots on 1.19acs could be purchased for $950,000. Lots of potential especially with the very low in-town home inventory. Don't overlook exploring all possibilities with the City of Durango to build out this unique in-town residential infill opportunity. Property taxes shown are 2021 Assessor estimates for the combined total of the House at 242 Riverview and the separate 3 adjoining City lots.
Exterior Features

Acreage Range 1-5 Acres Property Description Cul-De-Sac Sewer Sewer Tap Available Sewer Septic In Yes Sewer Tap Avail Yes Street Description City/Town Water Public Water Tap Avail Yes Water Tap Installed Yes Water Well No Waterfront YN No

Interior Features

One Quarter Baths 0

Property Features

Covenants No Current Use Residential Single Family Hoa No Income Producing No Modular Mobile Allowed No Possible Property Use Residential Single Family Reo Lender Owned No Sewer Paid No Tax Year 2021 Total Taxes 7608.32 Type Residential Water Rights No Water Tap Paid Yes Zoning Residential Single 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 2022. 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: 2022-01-22T23:56:22.047.
 
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of Coldwell Banker Distinctive Properties.