Price Reduction - Water Views
Address
TBD-1 Ute Junction Circle Durango, CO
Price
$ 525,000
Property Attributes
  • MLS#700571
  • TypeLand
  • CountyLA PLATA
  • CityDurango
  • AreaDurango Rural
  • NeighborhoodShenandoah
  • Zip81303
  • StyleResidential
  • Taxes3000
  • Price$ 525,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size35.39 Acres
Listing Provided Courtesy Of:
The Wells Group of Durango, Inc.
Property Description

Spectacular top of the mountain 35 acre property with tons of Ponderosa pine trees, acres of flat land on which to build adjoining Ute land and 6,000 acres of State of Colorado land on the west side. Spectacular views of Lake Nighthorse and the absolute ultimate in privacy, less than 15 minutes to town under normal driving circumstances. Depending on where you are on the property, you would also have views of Black Ridge, the 14,000 foot peaks near Purgatory and Wolf Creek Pass in the distant east. A roughed-in road has been cut to the top of the property and there is so much flatland up there you could easily build a house, barn, riding arena, workshop and still have plenty of room left over. The building envelope on the upper site of the 35 acre tract is 2.3 acres in size. There is a 2nd building envelope lower down of 2.66 acres in size on this same parcel. This 35 acre tract could be subdivided one time so that you could end up with 2 legally distinct building sites. There is an 800 foot deep high-capacity water well on the lot and there is also one Lake Durango Water Authority water tap included. You would own an undivided 1/3 interest in the water well; the other 2/3 interest is owned by the other two lots in Wapiti Ridge. This is not actually in the Shenandoah subdivision so the owners created their own covenants; you could change them if you purchased the other 2 lots in the subdivision. Access is over the paved roads in Shenandoah Estates so you do have some road fees to pay, but you are not a part of the Shenandoah or Shenandoah Estates Homeowners Association. The only fees that would be due are any special assessment for road repairs and excessive snow removal in Shenandoah Estates.(Seller currently pays $805 per year for road maintenance.) Seller will split with the buyer on a 50/50 basis the $12,000 in road assessments due at closing. You are committed to abide by the Shenandoah Estates architectural guidelines. A large portion of the land to the north and to the east has a conservation easement on it so that will help maintain the natural look and privacy. Property can be purchased with lots 2 and 3 of Wapiti Ridge to make a large family estate type property. Lot 2 directly adjoins Lot 1 and Lot 3 adjoins Lot 2. See MLS numbers 725701 and 725702. Ideal for somebody wanting to do an impressive family compound because the property is already divided up into 3 separate lots. A portion of the 35 acre lot also has a conservation easement on it. The 3 lots are as follows: Lot 1 is 35.395 acres and has 2016 property taxes of $3,000; lot 2 is 4.1 acres in size and has property taxes of $1440; and finally, lot 3 is 4.788 acres in size and also has property taxes of $1440.

Elementary School Middle School High School
Fort Lewis Mesa K-5 Elementary School Escalante 6-8 Middle School Durango 9-12 High School
Price History
1/13/2016 Listed $995,000
10/24/2016 48% - $525,000

General Features

Hoa Y/n No
Listing Status Active
Property Description Wooded Lot, Borders Public Land
Status Active
Subdivision Shenandoah
Type Residential
Zoning Residential Single Family

Interior Features

Utilities Electricity, Phone

Exterior Features

Domestic Sewer Septic
Domestic Water Tap Paid, Shared Well/Spring, Domestic Well
Lot Dimensions irregular shaped
Lot Size Area 35.39
Topography Level, Sloped
View Mountains, Valley, Stream/River
Water Rights/irrig. No
Waterfront No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 81303

Price
AVG $430K
$530K
Taxes
AVG $1,533
$3,000
Visits
AVG 12
130

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