455 & 589 High Llama Lane,Durango, CO 81301
Durango, CO 81301
Description
Two separately deeded parcels consisting of 25 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 $3,095. 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.
Details
| MLS # | 819208 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 653 |
| Listing Provided By | The Wells Group of Durango, LLC | Justin Osborn |
Features
| Zoning | Residential Multi Family,Residen |
|---|---|
| Acreage | 25.00 |
| Property View | Yes |
Exterior
| Lot Features | Rolling Slope, Sloped |
|---|
Utilities
| Utilities | Electricity Available |
|---|
Other
| List Aor | Durango Area Association Of Realtors |
|---|
Area Information
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango In Town |
| School District | Durango 9-12 |
| Elementary School | Florida Mesa K-5 |
| High School | Durango 9-12 |
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Learn More About This Property
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango In Town |
| School District | Durango 9-12 |
| Elementary School | Florida Mesa K-5 |
| High School | Durango 9-12 |
