455 & 589 High Llama Lane

455 & 589 High Llama Lane, Durango, CO 81301

Justin D Osborn, The Wells Group of Durango, LLC, O: 970-946-3935, justin@wellsgroupdurango.com, http://southwestcoloradoranchbrokers.com/: 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.

This is an Active listing.

Broker Office Phone Number: 970-259-6680

Copyright © 2024Colorado Real Estate Network Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.