Kelly Maves - Coldwell Banker Distinctive Properties
160 W Hwy 160
Pagosa Springs, CO 81147

Description

50% PRICE REDUCTION OPPORTUNITY OF THE YEAR! This represents an exceptional opportunity for development and investment at less than $3,250 per unit known as The Enclave and The Cottages of Aspen Village. Move forward with development or hold for the future. Very strong demand for smaller SFR and townhomes. This project is ready to go! Own these 49 single family lots within The Cottages, configured within four cul-de-sacs and a nearly 3.14 acre townhome tract (The Enclave) just approved for increased density with an R-22 designation permitting 69 units for a total of 118 units. Utilities in, some roads completed and paved. Both properties are ideally situated within Aspen Village Development adjacent to Alpha, which is close to WalMart, City Market Center, the Pagosa Golf Club, and the Town to Pagosa Lakes Trail System. The Enclave presents a successful townhome development with good quality existing construction, you will not find a more shovel-ready project in our area. This opportunity can be phased in, or you may choose to develop a portion and sell or trade off sections. Wet and dry infrastructure is installed, including fire hydrants and storm drains, roads are roughed in. The Cottages are contained along four cul-de-sac streets with most of the wet and dry infrastructure in place. The dry utilities are not in place for Chokecherry Lane and Little Pine Lane, (see site plans.) All the fire hydrants for the subdivision are installed.

Details

MLS#740153
Sub-TypeResale
StatusPending - Show
Days On Site309

Features

ZoningResidential Multi Family
Acreage9.03
Property ViewYes

Market Activity 81147

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Area Information

StateCO
CountyArchuleta
CityPagosa Springs
Zip Code81147
AreaPS03 (Pagosa Lakes)
Listing VS Median (in 81147)
Price:
$383,500
low | high
Med:
$155,000
100% of Average
On Site:
309
low | high
Med:
739
41.813261163735% of Average
Listing Updated: 10/22/2018
MLS Number: 740153
Listing Provided By:
Mike Heraty  of  The Source For Pagosa Real Estate



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