Land · Pending
Durango, CO 81301
$2,400,000
Unimproved Land
Property Type
25 acres
Lot Size
819208
MLS #
About This Property
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.
714 days on market
Listed by Justin Osborn · Wells Group Real Estate · 970-259-6680
Property Details
| Property Type | Land |
| Sub Type | Unimproved Land |
| Status | Pending |
| Subdivision | None |
| MLS # | 819208 |
| Days on Market | 714 |
| Lot Size (Sq Ft) | 1,089,000 |
| Acres | 25 |
| Annual Taxes | $3 |
| Tax Year | 2024 |
| State | CO |
| County | La Plata |
| Zoning | Residential Multi Family,Residential Single Family |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 11/23/2025 |
Pending Source: Colorado Real Estate Network (CREN) #819208 |
— |
| 11/5/2024 |
Listed for sale Source: Colorado Real Estate Network (CREN) #819208 |
$2,400,000 |
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