$1,550,000 Price Analysis   ♡   Durango, CO 81301 1 bed 1 bath 1,989 SqFt ($779/SqFt) 4.7 acre lot. Built 2016 Listed 2024-02-01 | May be USDA loan restricted due to income limits near Durango |
A unique opportunity along the coveted and private Florida River with pristine fly-fishing waters and mature trees in Durango
Colorado. Really and truly, this 4.7 acre property is one-of-a-kind, has a extraordinary story as a part of the growth of the region and has been carefully prepared for it's next chapter by the current owners. Reprtedly, in 1890, a couple purchased the land from a local cowboy for $1, 000. Over the decades the property would pass through time and generations. In the 1960s, the owner Helen opened a small store on property to serve the crews building the Lemon Dam. Then, in 2017, a rustic yet contemporary commercial grade log building was designed by local architect, Rick Feeney and built as the Outpost at Helen's Liquor Store. This newer building includes a roomy loft, covered balcony, half bath, covered porch and heated parking.
Along with the pretty 1, 989 SF log building, a new septic and commercial well were installed. The County approved Conceptual Development Plan included the liquor store as Phase I and then a future restaurant along the Florida River as Phase II. What an incredible setting for a restaurant. OR . the log building could possibly be converted to residential uses, like a man cave, a game room or a hunting base camp? Imagine a custom residence built along the Florida River with approx. 1, 300 feet of river access on a spacious 4.7 acre property. Irrigation rights include Waring Irrigation Pump 0.2 cfs from priority rights in the Florida River. The location is ideal for outdoor enthusiasts with proximity to the San Juan National Forest, Lemon Dam, hiking, hunting, fishing, snowmobiling, camping and all the beauty the Florida River Valley has to offer. The land use is commercial and residential. See Associated Documents. Buyer to verify land use to Buyer's satisfaction with local and state agencies. Offering is real estate only. Wood stoves in photos are excluded.
Presented by JAIME MARQUEZ at
Coldwell Banker Distinctive Properties.
Property MLS #810586 from CREN
1/2 Bathrooms: 1
Heating Fuel: Propane
Water Heaters: Gas Water Heater
Flooring: Hardwood
Lot Size Acres: 4.7
Lot Size Square Feet: 204732
Calculated Total Monthly Association Fees: 0
High School: Durango 9-12
Middle School: Miller 6-8
Map directions Map directions Map directionsSource Listing Status: Active
County: La Plata
Current Use: Commercial, Fishing Rights
Directions: From downtown Durango, head east on Florida Road aka County Road 240 approximately 14 miles. Log liquor store building will be on your right and the vintage 1938 residence is just past that before the intersection of CR 240 (to Vallecito Lake) and CR 243 (to Lemon Reservoir).
Tax Year: 2023
Source Property Type: RESIDENTIAL
Elevation: 8000
Possible Use: Residential, Commercial, Hobby Farm, Horse/Equestrian, Mountain Recreation, Mixed-Use, Fishing Rights
Area: Durango Rural
Source Neighborhood: Durango Rural
Zoning: Residential Single Family
Property Subtype: Stick Built
Source System Name: C2C
$1,550,000
CREN
Year Built: 2016
Building Exterior Type: Log
Construction Materials: Log
Foundation Details: Slab, Concrete
Property Age: 8
Property Attached: No
Roof: Metal
Levels or Stories: 2
House Style: Log
Electric
Propane-Tank Leased
Internet
Water Source: Well-Other, Domestic Well
Water Well: Yes
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |  |
 | ||||
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.