401 Payson Street

Naturita, CO 81422

$475,000
Price
47,044 / 1.08
Lot Size / Acres

Description

Welcome to 401 Payson Street in the heart of Naturita, Colorado! This expansive 1.08-acre parcel presents an exceptional opportunity for savvy investors and visionaries alike. Boasting a rare find of 4 water taps and 4 sewer taps spread across 17 lots, this property offers incredible potential for high-density employee housing or the development of a charming tiny home village. Naturita, renowned for its supportive stance on affordable housing initiatives, provides an ideal backdrop for this investment....Welcome to 401 Payson Street in the heart of Naturita, Colorado! This expansive 1.08-acre parcel presents an exceptional opportunity for savvy investors and visionaries alike. Boasting a rare find of 4 water taps and 4 sewer taps spread across 17 lots, this property offers incredible potential for high-density employee housing or the development of a charming tiny home village. Naturita, renowned for its supportive stance on affordable housing initiatives, provides an ideal backdrop for this investment. With the town's commitment to fostering community growth and development, coupled with the convenience of an employee shuttle linking Naturita to the bustling hub of Telluride, the location couldn't be more advantageous. Imagine the possibilities: creating a vibrant community hub where residents can thrive amidst the stunning natural beauty of Colorado. Just a stone's throw away from Camp V and bordered by the tranquil waters of the San Miguel and Delores Rivers, this property offers not only a strategic investment but also a chance to enhance the fabric of local living. Whether you're a seasoned developer seeking your next project or an entrepreneur with a passion for affordable housing, 401 Payson Street beckons with its potential and promise. Don't miss out on this exceptional opportunity to shape the future of Naturita's housing landscape. Invest today and become part of a brighter tomorrow. Naturita is a tiny Colorado town located 52 miles west of Telluride. This historic town dates back to 1881 and currently offers an inn, café, gas station, grocery store, and a motel for visitors to enjoy. The Montrose County town resides at an elevation of 5,417 feet and sits along the Dolores River. It has a great balance of history and outdoor recreation, so there is something for everyone to discover. It was incorporated on November 30, 1951 and has around 451 residents as of 2020.
  1. Listed by Colleen Aller • Keller Williams Realty Southwest Associates, LLC - Montrose
  2. Listed by Leslee Reeder • Keller Williams Realty Southwest Associates, LLC - Montrose

Property Details for 401 Payson Street

Water Front
No
Zoning
Residential Multi Family
Subdv Name
Other

Location

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC - Montrose, Colleen Aller; Keller Williams Realty Southwest Associates, LLC - Montrose, Leslee Reeder
Add your commute
LISTING UPDATED: 03/18/2024 02:09 PM

Property Details for 401 Payson Street

StatusActive
MLS #811612
Days on Market45
Taxes$584 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLAND / Residential
Year Built-
Lot Size1.08 AC
CountyMontrose County

Location

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC - Montrose, Colleen Aller; Keller Williams Realty Southwest Associates, LLC - Montrose, Leslee Reeder
Add your commute

Building Information for 401 Payson Street

Building Size-Lot Size1.08 AC

Payment Calculator

$2,641 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,592

Property Taxes

$49

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 401 Payson Street

Summary
Location and General Information
  • Directions: From main Street In Naturita take W 3rd. Ave, Go two blocks, take a left and the Property is on the left. Look for the sign.
Owner
  • Owner Name: Miller
School Information
  • Elementary School: Naturita PK-8
  • Middle School: Naturita PK-8
  • High School: Nucla 9-12
Taxes and HOA Information
  • Tax Account ID: R0005714
  • HOA Y/N: No
  • Tax Year: 2023
  • Total Taxes $: 584.44
Property
Property and Assessments
  • FIPS Code: 08085
  • Legal/Lot Block: Subd: GRIPE SUBD NO 6 Block: 25 Lot: 46 THRU:- Lot: 62 S: 19 T: 46 R: 15
  • Photo Count: 3
  • Covenants Y/N: NO
  • Board Name: MONTROSE ASSOCIATION OF REALTORS
  • Income Producing: No
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Lot Size/Acerage: 1-5 Acres
  • Current Property Use: Dry Land
  • Parcel ID #: 4.26919319015E11
Utilities
  • Sewer Tap Avail: Yes
  • Sewer/Septic In: Yes
  • Sewer Paid: Yes
  • Water Tap Avail: Yes
  • Water Tap Installed: Yes
  • Water Tap Paid: Yes
  • Mineral Rights: Unknown
  • Modular/Mobile Allow: Both
  • 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

Property History for 401 Payson Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 401 Payson Street

Taxable ValueLand$11,200Additions-Total$11,200
Tax Record2023$584 ($49 / month)
Home Facts
Total Finished SqFt728 SqFtAbove Grade Finished SqFt728 SqFtLot Size47,045 SqFtStyleMobile Home ParksYear Built1976CountyMONTROSEAPN4269-193-19-015

Schools near 401 Payson Street

This home is within West End Re-2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - PK to 12
Rating
School
Distance
Naturita Elementary & Middle School
PublicPK to 6

Nucla Middle School
Public7 to 8

Nucla High School
Public9 to 12

Paradox Valley Charter School
CharterPK to 12

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.

Similar Homes

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Similar Sold Homes

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401 Payson Street is a 1.08 ac of land for sale in Naturita, CO 81422. This property was listed for sale on March 15, 2024 by Keller Williams Realty Southwest Associates, LLC - Montrose, it's currently listed at $475,000. It has been on the market for a total of 45 days and was last sold on December 10, 2021. This listing's school district is West End Re-2 School District. Nearby schools include Naturita Elementary & Middle School, Nucla Middle School and Nucla High School. 401 Payson Street is a 0-bed, 0-bath, 1.08 ac of land on a 47,044 sq. ft. / 1.08 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC - Montrose, Colleen Aller; Keller Williams Realty Southwest Associates, LLC - Montrose, Leslee Reeder

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.