6757 Road 24.5

Cortez, CO 81321

About this property

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 endless 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 only 1/4 mile away from Hwy 491 and the new Love's Travel 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 spacious 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 offsetting 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 Nat’l 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!

About this property

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 endless 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 only 1/4 mile away from Hwy 491 and the new Love's Travel 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 spacious 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 offsetting 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 Nat’l 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!

Features and Additional Information

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$365,000 Active
2 Beds
2
Baths
1,216 SQFT

Presented By Coldwell Banker Distinctive Properties Durango

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Get in touch today! Phone: 1-970-259-3333
Brokerage
United Country Blue Sky Homes and Land
1-970-516-1759
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Area Information

Montezuma County Rural SW | Montezuma County | None

$ 365,000
This listing is play_arrow 4.8% lower than the average in the area
$ 383,500 in the area
1,216 SqFt
This listing is play_arrow 30.2% smaller than the average in the area
1,742 SqFt in the area
$ 300 $/SqFt
This listing is play_arrow 28.6% more than the average in the area
$ 233 $/SqFt in the area
514 days on site
This listing is play_arrow 371.6% above the average in the area
109 days on site in the area

Schools in the Area

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    Elementary School
    Mesa K-5
  • turned_in
    Middle School
    Cortez 6-8
  • turned_in
    High School
    Montezuma-Cortez 9-12
Listed By Trena Penrod
Brokerage: United Country Blue Sky Homes and Land

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