$407,500
 $2,188 est/mo Sourced by Back At You

401 Payson Street , Naturita, CO 81422

Naturita, CO 81422

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Description

Welcome to 401 Payson Street in the heart of Naturita, Colorado! This expansive 1.08-acre parcel presents an exceptional opportunity for savvy investors and visionaries alike. Boasting a rare find of 4 water taps and 4 sewer taps spread across 17 lots, this property offers incredible potential for high-density employee housing or the development of a charming tiny home village. Naturita, renowned for its supportive stance on affordable housing initiatives, provides an ideal backdrop for this investment. 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, 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 tiny Colorado town located 52 miles west of Telluride. This historic town dates back to 1881 and currently offers an inn, café, gas station, grocery store, and a motel for visitors to enjoy. The Montrose County town resides at an elevation of 5,417 feet and sits along the Dolores River. It has a great balance of history and outdoor recreation, so there is something for everyone to discover. It was incorporated on November 30, 1951 and has around 451 residents as of 2020.

Details

MLS#811612
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site131
Listing Provided ByKeller Williams Realty Southwest Associates, LLC - Montrose | Colleen Aller

Features

ZoningResidential Multi Family
Acreage1.08

Market Activity 81422

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Listings Checked: 37 seconds ago
StateCO
CountyMontrose
CityNaturita
Zip Code81422
AreaWest End
Community NameOther
School DistrictNucla 9-12
Elementary SchoolNaturita PK-8
Middle SchoolNaturita PK-8
High SchoolNucla 9-12
Listing VS Median (in Other)
Price:
$407,500
low | high
Med:
$610,000
2% of Average
On Site:
131
low | high
Med:
37
100% of Average
Sourced by Back At You
Listing Updated: June 6, 2024 at 10:23:18 AM PDT