$350,000

Boulder Drive & Rock Road

Pagosa Springs CO, 81147

Description

This Residential Multi-Family site is zone R-12 which could potentially allow for up to 38 residential units. The property itself is 4.52 acres and is ideally located behind Sears and the Centerpoint Church; close to shopping, restaurants, churches, and the hospital. The mountain views are tremendous. Original developer invested approximately 1.5 million dollars into the land and infrastructure. Currently utilities are in to the site, including a 4" water meter hookup, and water and sewer lines for the first 38 units. $23.50 per month for one tap and $10.00 per month for sewer availability. This property is currently bank owned and the price has been slashed in half from the last time on the market in 2011.

Details

MLS#716366
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site1494

Features

ZoningResidential Multi Family
Acreage4.52
Property ViewYes

Market Activity 81147

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Area Information
StateCO
CountyArchuleta
CityPagosa Springs
Zip Code81147
AreaPS02 (Central - Township 5699)
Listing VS Median (in 81147)
Price:
$350,000
low | high
Med:
$180,000
98.571428571429% of Average
On Site:
1494
low | high
Med:
77
100% of Average
Listing Updated: December 2, 2020 8:08:10 PM PST
Leland Riley LogoMLS Number: 716366
Listing Provided By:
Leland Riley  of  Jann C Pitcher Real Estate

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