455-589 High Llama Lane
$3,600,000
1,089,000 / 25
Description
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...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.
- Listed by Justin Osborn • The Wells Group of Durango, LLC
Property Details for 455-589 High Llama Lane
Water Front
No
ZoningResidential Multi Family, Residential Single Family
ViewsMountains, Valley
Subdv NameNone
LISTING UPDATED: 11/13/2024 09:46 AM
Property Details for 455-589 High Llama Lane
Status | Active |
---|---|
MLS # | 819208 |
Days on Market | 49 |
Taxes | $3,095 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | LAND / Residential |
Year Built | - |
Lot Size | 25.00 AC |
County | La Plata County |
Building Information for 455-589 High Llama Lane
Building Size-Lot Size25.00 AC
Property Information for 455-589 High Llama Lane
Property History for 455-589 High Llama Lane
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 455-589 High Llama Lane
This home is within Durango 9-R School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 6 |
Rating | School | Distance |
---|---|---|
Florida Mesa Elementary School PublicPK to 5 | ||
Escalante Middle School Public6 to 8 | ||
Durango High School Public9 to 12 | ||
The Juniper School CharterK to 6 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.