821 S Chestnut St

$163,000
Price
217,800 / 5
Lot Size / Acres

Description

Rare 5-Acre Property in Town – Development Opportunity | Cortez, CO Don’t miss this unique opportunity to own 5 acres of prime land within the city limits of Cortez, Colorado. This rare in-town acreage offers exceptional development potential and is currently zoned Single Family Residential (R-1), with strong possibilities for rezoning to Multi-Family Residential to maximize investment opportunities. An old abandoned home sits on the property, but has been given no value in the pricing—making this...Rare 5-Acre Property in Town – Development Opportunity | Cortez, CO Don’t miss this unique opportunity to own 5 acres of prime land within the city limits of Cortez, Colorado. This rare in-town acreage offers exceptional development potential and is currently zoned Single Family Residential (R-1), with strong possibilities for rezoning to Multi-Family Residential to maximize investment opportunities. An old abandoned home sits on the property, but has been given no value in the pricing—making this a true land opportunity. With utilities nearby and easy access to local infrastructure, this property is well-suited for a range of residential development projects, from custom homes to potential multi-unit builds (subject to city approval). Whether you’re a developer, investor, or someone seeking a large private parcel in town, this property is a rare find in today’s market. Acreage like this doesn’t come up often—especially not within city limits!
  1. Listed by Gina Nelson • Berkshire Hathaway HomeServices Colorado Properties

Property Details for 821 South Chestnut Street

Water Front
No
Zoning
Residential Single Family
Views
Mountains
Subdv Name
None
LISTING UPDATED: 10/24/2025 07:08 PM

Property Details for 821 South Chestnut Street

StatusActive
MLS #826392
Days on Market171
Taxes$1,847 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLAND / Residential
Year Built-
Lot Size5.00 AC
CountyMontezuma County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Colorado Properties, Gina Nelson
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Building Information for 821 South Chestnut Street

Building Size-Lot Size5.00 AC

Payment Calculator

$959 per month

30 year fixed, 6.28% Interest

Principal and Interest

$805

Property Taxes

$154

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 821 South Chestnut Street

Summary
Location and General Information
  • Directions: From in main street cortez, turn south on chestnut street and follow just passed 7th street property will be on the right hand side.
School Information
  • Elementary School: Mesa K-5
  • Middle School: Cortez 6-8
  • High School: Montezuma-Cortez 9-12
Taxes and HOA Information
  • HOA Y/N: No
  • Tax Year: 2025
  • Total Taxes $: 1847.24
Property
Property and Assessments
  • FIPS Code: 08083
  • Legal/Lot Block: Section: 35 Township: 36 Range: 16 S1/2S1/2NE1/4NW1/4NW1/4;N1/2N1/2SE1/4NW1 /4NW1/4 5AC B503 P447
  • Photo Count: 9
  • Covenants Y/N: NO
  • Board Name: Four Corners Board of Realtors
  • Livestock Allowed: Poultry
  • Income Producing: No
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: 1-5 Acres
  • Current Property Use: Residential Single family
  • Possible Property Use: Residential Single Family, Poultry
  • Parcel ID #: 5.61135200011E11
Utilities
  • Utilities: Electricity Near, Phone Near, Natural Gas Near, Phone - Cell Reception
  • Sewer Tap Avail: Yes
  • Sewer/Septic In: No
  • Sewer Paid: No
  • Water Tap Avail: Yes
  • Water Tap Installed: Yes
  • Water Tap Paid: Yes
  • Mineral Rights: Unknown
  • Modular/Mobile Allow: Both
  • DOMESTIC WATER: Public, Tap Installed
  • DOMESTIC SEWER: Sewer Tap Available
  • Water Well: No
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
Exterior Features
  • Horse Setup: No
  • Outbuildings/Structures: Other
  • Topography: Level

Property History for 821 South Chestnut Street

DateEvent & SourcePriceAppreciation
Oct 24, 2025

Price Change

CRENMLS #826392

$163,000
Jul 9, 2025

Price Change

CRENMLS #826392

$165,000
Jul 9, 2025

Listed (Active)

CRENMLS #826392

$163,000
DateEvent & SourcePrice
10/24/2025

Price Change

CRENMLS #826392

$163,000
07/09/2025

Price Change

CRENMLS #826392

$165,000
07/09/2025

Listed (Active)

CRENMLS #826392

$163,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 821 South Chestnut Street

Taxable ValueLand$1,803Additions$4,905Total$6,708
Tax Record2024$345 ($29 / month)
Home Facts
Beds2Total Finished SqFt864 SqFtAbove Grade Finished SqFt864 SqFtStories1Lot Size217,800 SqFtStyleSingle Family ResidenceYear Built1951ZoningMHCountyMONTEZUMAAPN561135200011

Schools near 821 South Chestnut Street

This home is within Montezuma-Cortez Re-1 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Mesa Elementary School
PublicK to 5

Cortez Middle School
Public6 to 8

Montezuma-Cortez High School
Public9 to 12

Manaugh Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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821 South Chestnut Street is a 5 ac of land for sale in Cortez, CO 81321. This property was listed for sale on July 10, 2025 by Berkshire Hathaway HomeServices Colorado Properties, it's currently listed at $163,000. This listing's school district is Montezuma-Cortez Re-1 School District. Nearby schools include Mesa Elementary School, Cortez Middle School and Montezuma-Cortez High School. 821 South Chestnut Street is a 0-bed, 0-bath, 5 ac of land on a 217,800 sq. ft. / 5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Colorado Properties, Gina Nelson

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.