31 Terra Blue Way - 6 Lots

Durango, CO 81301

About this property

Some lots are for attached duplex homes and some are for detached homes. Ready to build! New subdivision within the master planned community of Edgemont Highlands with homes under construction. Just 4 miles east of Durango in the cool pines at 7500 ft, this Phase 2 of an established subdivision within the desirable Edgemont Highlands Master Plan is fully improved and branded. Of the 17 total lots, only 8 are left available (4 detached and 4 in duplexes), with this listing offering 6 of the 8. This subdivision is designed as "clustered homes" with smaller building envelopes/lots and more common area open space. This minimizes maintenance for the homeowners without compromising on the overall open area in the neighborhood. With a gross density of 4 unit to the acre, the gross area per home is essentially 0.25 acres - but low maintenance! A win win! The Elements Association maintains all those common areas and landscaping there as well for the owners. With conceptual plans for home sizes ranging from 1300 to 2000 square feet, this subdivision can deliver a great value and price point to the market that is much in demand! Elements Phase 1 included 14 townhomes ranging from 1365 to 2200 square feet and is SOLD OUT. Elements assessments are $125 per lot per quarter + Edgemont assessments are $135 per lot per quarter. Buyer responsible for these items per lot at closing: $2,350 infrastructure fee per payable to ERMD, $1,294 in water and sewer "tap fees", $2,000 in electric and gas deposits, $500 to reserve fund for Elements, $500 reserve fund to Edgemont. Bulk listing for last 8 remaining developer lots. Also listed in MLS individually. Call for details. Take advantage of an opportunity to deliver a lower price point new home in high demand and offer all that Edgemont Highlands includes: community lodge with full kitchen and oversized porch, herb garden, 10+ miles of hiking trails, over 1.5 miles of Florida River for fly fishing and over 200 acres of open space to explore!

Date Added
September 6, 2017
Listing Status
Active
Days On Site
868
MLS#
737430

Features and Additional Information

Lot Size
20,909 SqFt
Acreage
0.48
Property Type
Land
Style
Sub-Type
Resale
Year
Garage
0
Pool
No
Story(s)
Property View
Yes
It's free and no obligation
Schedule a Tour
$499,000 Active
0 Beds
0 Baths
0 SQFT

Presented By Coldwell Banker Distinctive Properties, Bozeman

Get in touch today! Phone: (406) 587-7653
Brokerage
Bozeman
(406) 587-7653
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

Durango Rural | La Plata County |

$ 499,000
This listing is play_arrow 17.4% higher than the average in the area
$ 424,900 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
868 days on site
This listing is play_arrow 254.3% above the average in the area
245 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Contact Coldwell Banker

Real Estate Links Our Domains