Tbd County Road 51 & 51a

Silverton, CO 81433

$143,000
Last Sold Price
1,313,769 / 30.16
Lot Size / Acres

Description

For your serious mineral prospector. I've not been underground on this property, but according to the maps it looks like there are several thousand feet of tunnel. Ground Floor Opportunity. Excellent investment properties located in Minnehaha Basin, just East of Gladstone. The properties are as follows: first is the claim name followed by the US mineral survey number followed by the number of acres in that claim: Minnehaha 14425 10.331 acres Rouena 16393 9.501 acres Rouena #1 16393 10.331 acres Would...For your serious mineral prospector. I've not been underground on this property, but according to the maps it looks like there are several thousand feet of tunnel. Ground Floor Opportunity. Excellent investment properties located in Minnehaha Basin, just East of Gladstone. The properties are as follows: first is the claim name followed by the US mineral survey number followed by the number of acres in that claim: Minnehaha 14425 10.331 acres Rouena 16393 9.501 acres Rouena #1 16393 10.331 acres Would look at exchanging for income property. The county road runs through these parcels. They are contiguous to each other. Views beyond belief. See the backside of Red Mountain Pass. See the backside of the mountains around Telluride. One person, who had just returned from Glacier National Park, told me that these views rivaled those he had just seen. Your buyer will get title insurance and a general warranty deed. The Minnehaha Mine nearly adjoins the old Lead Carbonate mine which appears to have vein structure running southeasterly right onto these properties. It is at the very westerly end of the old Sunnyside mine which had been operating for nearly 100 years. There is fairly extensive tunneling on the Minnehaha and in the associated docs I have a very thorough assay map of level number 2 on the Minnehaha mine. This map shows the assay results for gold, silver, lead, zinc, and copper. I recently had some assay work done searching for the element tellurium and it did come back positive for that element. Tellurium is used in the construction of solar collectors and the now famous Gold King mine, which lies about a mile north west of these claims, contains one of the largest tellurium deposits in the country. That represents multiple thousands of dollars of work. As can be seen by the pictures, numerous mineralized outcrops are on this property. The entrance to the tunnel has been cribbed although overburden has come down over the opening. No water is coming out of the mine. Sellers will retain a small royalty (If your buyer ever mines, the sellers get a royalty. But the sellers are not allowed to mine and the sellers cannot make your buyer mine.)
  1. Listed by Markus Lux • The Wells Group of Durango, Inc.

Property Details for Tbd County Road 51 & 51a

Water Front
No
Views
Mountains, Valley
Subdv Name
None

Location

Listing Courtesy of The Wells Group of Durango, Inc., Markus Lux

Sold By Keller Williams Realty Southwest Associates, LLC - Montrose, Tammy Monroe

Add your commute
LISTING UPDATED: 08/17/2023 02:25 PM

Property Details for Tbd County Road 51 & 51a

StatusSold Cren Member
MLS #799794
Days on Market95
Taxes$740 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLAND / Mountain Property
Year Built-
Lot Size30.16 AC
CountySan Juan County

Location

Listing Courtesy of The Wells Group of Durango, Inc., Markus Lux

Sold By Keller Williams Realty Southwest Associates, LLC - Montrose, Tammy Monroe

Add your commute

Virtual Tour

Building Information for Tbd County Road 51 & 51a

Lot Size30.16 AC

Payment Calculator

$842 per month

30 year fixed, 7.25% Interest

Principal and Interest

$780

Property Taxes

$62

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Tbd County Road 51 & 51a

Summary
Location and General Information
  • Directions: Hwy 550 to Silverton. Go all the way through town and turn left on Hwy 110. Go about 7 miles to Gladstone and take CR 51 up the hill to Minnehaha Basin. You will need help showing.
Owner
  • Owner Name: Hugins & Lorenz
School Information
  • Elementary School: Silverton K-5
  • Middle School: Silverton 6-8
  • High School: Silverton 9-12
Taxes and HOA Information
  • HOA Y/N: No
  • Tax Year: 2014
  • Total Taxes $: 740
Property
Property and Assessments
  • FIPS Code: 08111
  • Legal/Lot Block: Lengthy - see remarks
  • Photo Count: 11
  • Disclosures: Seller is Licensed Agent
  • Covenants Y/N: NO
  • Board Name: Durango Area Assn of Realtors
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Mountain Recreation
  • Possible Property Use: Mountain Recreation
  • Lot Dimension: N/A
  • Parcel ID #: 4.7750220050014E13
  • Elevation: 11,200
  • Property Description: Borders Public Land
Utilities
  • Sewer Tap Avail: No
  • Sewer/Septic In: No
  • Sewer Paid: No
  • Water Tap Avail: No
  • Water Tap Installed: No
  • Water Tap Paid: No
  • Mineral Rights: Yes
  • Modular/Mobile Allow: No
  • DOMESTIC SEWER: Septic
  • 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
  • Topography: Level, Sloped, Steep

Property History for Tbd County Road 51 & 51a

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near Tbd County Road 51 & 51a

This home is within Silverton 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Silverton Elementary School
PublicPK to 5

Silverton Middle School
Public6 to 8

Silverton High School
Public9 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.

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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 The Wells Group of Durango, Inc., Markus Lux

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.