455 High Llama Lane
$1,500,000
447,361 / 10.27
Description
10.27 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 $2,094.24. Adjoining...10.27 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 $2,094.24. Adjoining 14.27 acres to the north can be purchased with this property at a package price of $3.6M. 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 High Llama Lane
Water Front
No
ZoningResidential Multi Family, Residential Single Family
ViewsMountains, Valley
Subdv NameNot Applicable
LISTING UPDATED: 11/13/2024 09:45 AM
Property Details for 455 High Llama Lane
Status | Active |
---|---|
MLS # | 819206 |
Days on Market | 47 |
Taxes | $2,094 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | LAND / Residential |
Year Built | - |
Lot Size | 10.27 AC |
County | La Plata County |
Building Information for 455 High Llama Lane
Building Size-Lot Size10.27 AC
Property Information for 455 High Llama Lane
Property History for 455 High Llama Lane
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 455 High Llama Lane
Taxable ValueLand$27,830Additions$21,580Total$49,410
Tax Record2023$2,094 ($175 / month)
Home Facts
Beds3Total Finished SqFt1,281 SqFtAbove Grade Finished SqFt1,281 SqFtStories2Lot Size447,448 SqFtStyleSingle Family ResidenceYear Built1981CountyLA PLATAAPN5669-034-00-040
Schools near 455 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 | |||
Public - | 5 to 12 |
Rating | School | Distance |
---|---|---|
Florida Mesa Elementary School PublicPK to 5 | ||
Escalante Middle School Public6 to 8 | ||
Durango High School Public9 to 12 | ||
Robert Denier Youth Services Center Public5 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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