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6757 Road 24.5Cortez, CO 81321Price: $365,000

  • Price: $365,000
  • Est. Mortgage of $/month
  • 334 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $365,000List Price
  • 2Bedrooms
  • 18Acreage
  • 1997Year Built
  • 1,216Square Feet
Listed by Trena Yazzie of United Country Blue Sky Homes and Land

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Welcome to this versatile 18-acre property in Southwest Colorado, offering a multitude of options for you! Whether you envision a multi-family housing development, a residential subdivision, mixed-use development, a hobby farm or pasture, or perhaps even a launch pad for outdoor recreation, this exceptional land presents endless opportunities. The entire acreage is usable, easily accessible, and has NO COVENANTS – a rare find! Conveniently situated on the corner of Road 24.5 and County Road G, this prime location is only 1/4 mile away from Hwy 491 and the new Love's Travel Stop that is actively under construction. This area is destined to become a thriving economic center! The manufactured home underwent renovation in 2018 with all new PEX plumbing, toilets, dishwasher, hot water heater, kitchen cabinets, flooring, and subfloor. Currently configured as a spacious 1-bed, 2-bath layout, the 2nd bedroom can be easily enclosed with minimal finish work. The home is elevated on piers, skirted, and insulated, providing flexibility for future development as it is not permanently affixed. Potable water is readily available on the property, thanks to a highly sought-after 2" water tap, which offers excellent water pressure. This allows for the construction of a substantial dwelling or potential approval from the county to develop an affordable housing complex or short-term rentals. Furthermore, should you decide to subdivide, the current tenant is interested in purchasing the home and 3 acres, significantly offsetting your investment. The land benefits from a completed irrigation infrastructure, featuring 6" pipe, as well as full fencing and cross-fencing, perfectly primed for cultivation or grazing. Although no irrigation water shares are included, the convenience of natural gas being located at the lot line enhances the property's appeal. Situated in the foothills of mesas, this land offers a serene environment while maintaining proximity to essential amenities. Only 5 minutes away from Cortez and the municipal airport, you'll find yourself within a short drive of the Four Corners, Sand Canyon trail system, Hovenweep Nat’l Monument, Mesa Verde National Park, Moab, Telluride, Durango, Purgatory, and a host of other outdoor recreation areas renowned for their mountain biking, hiking, skiing, and water sports. Don't miss the opportunity to own this remarkable property and unleash your imagination. Schedule a walkabout today!

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Property Details of 6757 Road 24.5

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 The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than Grace Golden Country Homes LLC contain that company's name.
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The data on this site was last updated April 16, 2024

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