454 Silverglance Way

Rico, CO 81332

About this property

Unlock massive upside with this rare ''compound'' opportunity on .57 acres. Featuring a custom main home on a cul-de-sac with handcrafted concrete floors, a 464sf detached art studio, greenhouse and a massive 1,140sf, 4-car heated garage. The oversized garage is grandfathered; a structure of this scale would not be permitted under current town rules. Future versatility is unmatched: an anticipated zoning change (likely in 8-12 months) may allow ADUs in Silverglance. Learn how to optimize value with potential ADU options. The equity potential for a buyer willing to invest ''sweat equity'' is clear. Rico is thriving with new capital improvements, including a 4,400sf pavilion for concerts/ice skating, a 6,000sf skate park, a new community center in the former church, and major grants for a Rico Trails Alliance bridge. Work towards modern upgrades to the water and future sewer systems is also underway. Roll up your sleeves and build your dream mountain retreat.

About this property

Unlock massive upside with this rare ''compound'' opportunity on .57 acres. Featuring a custom main home on a cul-de-sac with handcrafted concrete floors, a 464sf detached art studio, greenhouse and a massive 1,140sf, 4-car heated garage. The oversized garage is grandfathered; a structure of this scale would not be permitted under current town rules. Future versatility is unmatched: an anticipated zoning change (likely in 8-12 months) may allow ADUs in Silverglance. Learn how to optimize value with potential ADU options. The equity potential for a buyer willing to invest ''sweat equity'' is clear. Rico is thriving with new capital improvements, including a 4,400sf pavilion for concerts/ice skating, a 6,000sf skate park, a new community center in the former church, and major grants for a Rico Trails Alliance bridge. Work towards modern upgrades to the water and future sewer systems is also underway. Roll up your sleeves and build your dream mountain retreat.

Features and Additional Information

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$900,000 Pending
2 Bed(s)
2
Baths
2,071 sqft

Presented By Coldwell Banker Distinctive Properties Bozeman

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Get in touch today! Phone: 1-406-587-7653
Brokerage
Telluride Properties LLC
1-970-728-4226
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Area Information

Rico | Dolores County | Rico Silver Glance

$ 900,000
This listing is play_arrow 0.0% lower than the average in the area
$ 900,000 in the area
2,071 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
2,071 SqFt in the area
$ 435 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 435 $/SqFt in the area
58 days on site
This listing is play_arrow 0.0% below the average in the area
58 days on site in the area

Schools in the Area

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    Elementary School
    Open Enrollment
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    Middle School
    Open Enrollment
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    High School
    Open Enrollment

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Listed By Mike Shimkonis
Brokerage: Telluride Properties LLC

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