$365,000 Price Analysis   ♡   Cortez, CO 81321 2 bed 2 bath 1,216 SqFt ($300/SqFt) 18.04 acre lot. Built 1997 Listed 2023-05-20, Taxes $67 | Ⓧ USDA Ineligible due to property near Cortez |
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 limitless 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 1/4 mile away from Hwy 491 and the new Love's Tra vel 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 big 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 offstting 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 Natl 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!
Presented by Trena Yazzie at
United Country Blue Sky Homes And Land.
Property MLS #803653 from CREN
Full Bathrooms: 2
Furnished Description: Unfurnished
Window Features: Vinyl
Heating Features: Forced Air
Heating Fuel: Electric
Water Heaters: Electric Water Heater
Other Structures: Metal Building
Lot Size Acres: 18.04
Lot Size Square Feet: 785822
Calculated Total Monthly Association Fees: 0
High School: Montezuma-Cortez 9-12
Middle School: Cortez 6-8
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Montezuma
Current Use: Residential
Directions: From Cortez - south on Hwy 491, east on Road G, south on Road 24.5 to gated driveway. Sign posted.
Tax Year: 2022
Source Property Type: RESIDENTIAL
Possible Use: Residential, Agriculture, Hobby Farm, Horse/Equestrian, Livestock, Orchard, Tree Farm, Mixed-Use
Area: Montezuma County Rural SW
Source Neighborhood: Montezuma County Rural SW
Zoning: Agriculture, Residential
Property Subtype: Manufactured\Mobile
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $1,150 + $unknown $1,150 | $67 |
| 2020 | $1,490 + $unknown $1,490 | $84 |
| 2019 | $1,490 + $unknown $1,490 | $84 |
| 2018 | $1,500 + $unknown $1,500 | $88 |
| 2017 | $1,500 + $unknown $1,500 | $87 |
| 2016 | $1,660 + $unknown $1,660 | $94 |
| 2015 | $1,660 + $unknown $1,660 | $93 |
| 2014 | $1,660 + $unknown $1,660 | $91 |
| 2013 | $unknown + $unknown $1,660 | $93 |
| 2012 | $unknown + $unknown $1,830 | $96 |
$365,000
CREN
Listing removed 2020-04-14
$0
CREN
Listed 2019-07-10
$145,000
CREN
Year Built: 1997
Building Exterior Type: Wood
Construction Materials: Pre-fabricated, HUD
Foundation Details: Piers, Skirted, Insulated
Property Age: 27
Property Attached: No
Roof: Asphalt
Levels or Stories: 1
House Style: Single Wide
Total Area Main: 1216
Year Remodeled: 2018
Electric
Water Source: Installed Paid
Water Well: No
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.