1 Bedrooms
1.0 Baths
900 SQ FT
40.00 Acres
Expansive 39.91 acre property perfect for horses or bison, includes 10 shares of MVIC water with risers and a Montezuma County Water tap. Perfect off-grid location, with an approximately 900 square foot concrete cold-storage area/bunker with 1' thick walls & ceiling. Surrounding the existing structure are high grade stem walls, foundation ready, that would accommodate an approximately 10K square foot house. There is approximately $60K worth of plumbing and electric lines within the stem walls, all of which appear to be up to code. Approximately $60K of dirt-work resulting in several multi-use areas including camp areas as well as arena/corral space. Excellent views in all directions, including Mesa Verde, Ute Mountain, the La Platas, LizardHead, Lone Cone, etc. Nicely done crushed sandstone road makes for a quick 10 minutes to Cortez. Approximately 20 minutes to Mesa Verde and an hour to Durango and Telluride. No HOA, extremely private. This is without a doubt a "Dream Home" property. Value: Land: $319,280.00 = 39.91 Acres at $8K per Acre, (High End: $1,002,898.00 @$9800 per) MVIC: $70,000.00 = 10 Shares at $7K per share (High End: $100K, as shares have recently sold for $10K each) Cold Storage/Bunker: $150,000.00 = Low End of Cost Range (High End: $250K for 900 sq. ft.) Water Tap $12,500.00 = Cost Low End: $551,780.00 High End: $1,515,398.00 With 10K Sq. Ft. Home: $4M
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