401 Payson Street
$335,000
47,044 / 1.08
Description
Opportunity! The town of Naturita needs affordable housing! Proposition 123 created the State Affordable Housing Fund which the Town of Naturita is a part of. If a developer/investor builds affordable housing utilizing Proposition 123, a $50,000 credit per door will be awarded. There is also the possibility for the State of Colorado grant money for the infrastructure of water and sewer lines. There are currently water, and sewer taps at the lot for ease of future infrastructure. This expansive 1.08-acre...Opportunity! The town of Naturita needs affordable housing! Proposition 123 created the State Affordable Housing Fund which the Town of Naturita is a part of. If a developer/investor builds affordable housing utilizing Proposition 123, a $50,000 credit per door will be awarded. There is also the possibility for the State of Colorado grant money for the infrastructure of water and sewer lines. There are currently water, and sewer taps at the lot for ease of future infrastructure. This expansive 1.08-acre parcel presents an exceptional opportunity for savvy investors and visionaries alike spread across 17 lots. This property offers incredible potential for high-density employee housing or the development of a charming tiny home village. With the town's commitment to fostering community growth and development, coupled with the convenience of an employee shuttle linking Naturita to the bustling hub of Telluride, the location couldn't be more advantageous. Imagine the possibilities: creating a vibrant community hub where residents can thrive amidst the stunning natural beauty of Colorado. Just a stone's throw away from Camp V and bordered by the tranquil waters of the San Miguel and Delores Rivers, this property offers not only a strategic investment but also a chance to enhance the fabric of local living. Whether you're a seasoned developer seeking your next project or an entrepreneur with a passion for affordable housing with huge incentives, 401 Payson Street beckons with its potential and promise. Don't miss out on this exceptional opportunity to shape the future of Naturita's housing landscape. Invest today and become part of a brighter tomorrow. Naturita is a Colorado town located 52 miles west of Telluride and 80 miles southeast of Moab. The area surrounding Naturita is a treasure trove of world class hiking, mountain biking, dirt biking, ATV adventures, and hunting. This historic town dates back to 1881 and currently offers an inn, caf©, gas station, grocery store, and a motel for visitors to enjoy.
- Listed by Colleen Aller • Keller Williams Realty Southwest Associates, LLC - Montrose
- Listed by Leslee Reeder • Keller Williams Realty Southwest Associates, LLC - Montrose
Property Details for 401 Payson Street
Water Front
No
ZoningResidential Multi Family
Subdv NameOther
LISTING UPDATED: 08/01/2024 09:01 AM
Property Details for 401 Payson Street
Status | Active |
---|---|
MLS # | 811612 |
Days on Market | 251 |
Taxes | $584 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | LAND / Residential |
Year Built | - |
Lot Size | 1.08 AC |
County | Montrose County |
Building Information for 401 Payson Street
Building Size-Lot Size1.08 AC
Property Information for 401 Payson Street
Property History for 401 Payson Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 401 Payson Street
Taxable ValueLand$11,200Additions-Total$11,200
Tax Record2023$584 ($49 / month)
Home Facts
Total Finished SqFt728 SqFtAbove Grade Finished SqFt728 SqFtLot Size47,045 SqFtStyleMobile Home ParksYear Built1976CountyMONTROSEAPN4269-193-19-015
Schools near 401 Payson Street
This home is within West End Re-2 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | PK to 12 |
Rating | School | Distance |
---|---|---|
Naturita Elementary & Middle School PublicPK to 6 | ||
Nucla Middle School Public7 to 8 | ||
Nucla High School Public9 to 12 | ||
Paradox Valley Charter School CharterPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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