TBD CR 136 Hesperus CO Real Estate

Rare large parcel of land southwest of town ideal for development. 60 foot wide deeded access off of County Road 136 and best of all, it has Lake Durango water onto the parcel. This investment property land is located approximately 2.6 miles south of Wildcat Canyon Road and the intersection to County Road 136. There appears to be a Greeley gas line that runs through the property and we are checking on whether that is an oversized transmission line or something that could be used domestically. Electricity is reasonably close, (Less than three quarters of a mile and easements are already in place) but is not on the property. Very nice mixture of dryland pasture as well as pinon and Juniper trees. La Plata mountain and Sleeping Ute views as well. Divide into eight 35-acre parcels without having to deal with County planning or you could create smaller parcels since you have Lake Durango water company. No water taps are included. Don't want to divide the property? That's okay this would be fabulous grounds for hunting. With the excellent proximity to Lake Nighthorse you have the closeness of water sports and this would be pretty land to hike on. The parcel is relatively flat although there are some picturesque arroyos and draws that run through the property. Current property taxes are quite low because they have the land leased to a rancher for grazing cattle. Surveyed about 10 years ago, we found and marked the pins but one, that looks like it was covered over when a road was worked on. An excellent opportunity for a large parcel with easy, year round access. No minerals to be conveyed as we believe they were previously reserved. The 100 acres immediately south of this property sold in April of this year for a $1.49 million. Seller will consider financing with 30% down, at 6% interest and no partial release provisions. Balance of the terms would need to be negotiated.