$729,000 Price Analysis   ♡   Norwood, CO 81423 Unknown bed 0 bath unknown SqFt ($0/SqFt) 1.95 acre lot. Listed 2024-04-01 | Ⓧ USDA Ineligible due to property near Norwood |
Unlock the potential of this prime 1.95-acre parcel
One of the last remaining privately-owned opportunties of its scale within Norwood's town limits. Situated 40 minutes away from the world-renowned ski resort and vibrant town of Telluride, the demand for housing in this area has never been higher. Already pre-approved as a sub-division and ready to build upon, this parcel offers limitless possibilities ranging from a unique ranchette within walking distance of town and school to a well-developed block of single-family homes. Currently, this parcel boasts a well-conceived plat design for seven potential home sites, with lot sizes ranging from a vast .24 acres to a generous .43 acres.
The sale of the parcel is accompanied by seven pre-paid water taps, which can be reduced or expanded depending upon your intentions. Raw water is near the lot line and can be contracted through the town. All other utilities, including fiber internet, are to the lot line and ready for dispersion. The addition of accessory dwelling units (ADUs) may also be a possibility to increase density and profitability. Notably, this is the sole available parcel within the town of Norwood, offering complete access to town sewer and water facilities. Eligible for the CO Opportunity Zone Program, this could make an intelligent business investment or be the unique Western home you always dreamed of.
Presented by Michael Weist at
Telluride Properties.
Property MLS #812072 from CREN
Lot Size Square Feet: 84942
Calculated Total Monthly Association Fees: 0
High School: Norwood 6-12
Middle School: Norwood 6-12
Map directionsSource Listing Status: Active
Tax Block: LOTS 1 THRU 24 BLK 2 SKAL
County: San Miguel
Current Use: Residential Single family, Mountain Recreation
Directions: From Grand Ave in Norwood, turn south at Market Street (US Bank) to Naturita Street and turn left. Property boundary is Mesa Street to the west, Naturita Street to the north and San Miguel Street to the South. Look for the Telluride Properties for sale sign.
Tax Year: 2023
Source Property Type: LAND
Possible Use: Cattle
Area: Other Area
Source Neighborhood: Other Area
Parcel Number: 429527107001
Zoning: Residential Single Family
Property Subtype: Residential
Source System Name: C2C
$729,000
CREN
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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.