Land for Sale in Durango, Colorado
455 High Llama Ln Durango, CO 81301
Justin D Osborn, The Wells Group of Durango, LLC, O: 970-946-3935, justin@wellsgroupdurango.com, http://southwestcoloradoranchbrokers.com/: 10.27 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 $2,094.24. Adjoining 14.27 acres to the north can be purchased with this property at a package price of $3.6M. 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.
Property details
- County
- La Plata County
- Elevation
- 6,775 feet
- MLS Number
- CREN 819206
- Date Posted
Parcels
- 566903400040
Detailed attributes
Listing
- Type
- Land
- Subtype
- Single Family Residence
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 6, 2024 | New listing | $1,500,000 | — | CREN |