Tbd Road 38

Dolores, CO 81323

About this property

The Forks Retreat is a RARE income-generating opportunity with full COMMERCIAL zoning - the VRBO income potential is over $180K/yr (See Income Projections in MLS Documents). Commercial zoning protects the VRBO income from being taken away in the future, as is the trend all across the country. The homes can comfortably accommodate 22 people, and up to 58 as follows: The 2500sf Main House has 2 bedrooms + 2 bathrooms on the entry-level, a HUGE upstairs bonus room with its own bath, plus an attached 900sf 2-car heated garage. The 1200sf Guest House has an upstairs loft with 4 queen beds, plus a large kitchen, bathroom, and laundry on the ground level. The 1500sf Lodge has five (5) one-bedroom units - each unit has a bedroom (furnished w/ a queen bed) plus a living room (furnished w/ a queen pull-out sofa), a kitchenette and a private bathroom. The Lodge also has a shared laundry room. Also, there are 5 RV hookups accommodating another 5 families. Located between Dolores and Rico (halfway between Telluride and Durango) this property is permitted for a wide variety of commercial uses - a motel/lodge, a retreat center, a rehab center, corporate offices, personal services, a residential private school, a health center, a mountain biking club, a Telluride ski lodge, employee housing, etc. Please look in MLS Documents for a full list of permitted commercial uses allowed per Montezuma Land Use Code. AND, the adjacent US Forest Service land can accommodate a huge number of guests who may camp free for up to two-weeks each visit. This next-door camping affords tremendous flexibility for hosting large-scale events such as music or religious gatherings, hunting or fishing workshops, yoga or meditation retreats, hiking or mountain biking camps, etc. PLUS - This could be your perfect COVID escape! Bring your entire tribe of family and friends to this beautiful secluded property where you can ENJOY sheltering-in-place ... surviving and thriving in this newly constructed luxury Lodging Retreat. Grow food in your own gardens, catch fish and hunt elk for dinner, and throw parties on the Central Lawn. With 7 individual living quarters, each person/couple/family can have their privacy while you join forces for support, defensibility and camaraderie. Live right next to the river in the cool summer mountains - go hiking, biking, fishing and hunting without having to get in your car. The land is lush-green and flat while being surrounded by tree-covered mountains - the buildings are positioned to form a large Central Lawn with a f

Date Added
April 16, 2020
Listing Status
Active
Days On Site
194
MLS#
768527

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
IQWeb_Mixed Use
Sub-Type
Resale
Year
2020
Garage
0
Pool
No
Story(s)
2
Property View
No
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$1,487,000 Active
0 Beds
0
Baths
6,200 SQFT

Presented By Coldwell Banker Distinctive Properties, Bozeman

Bozeman

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Area Information

Montezuma County Rural NE | Montezuma County |

$ 1,487,000
This listing is play_arrow 560.9% higher than the average in the area
$ 225,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
194 days on site
This listing is play_arrow 280.4% above the average in the area
51 days on site in the area

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