Tbd Tbd Hancock Rico Co 81332
Tbd Tbd Hancock Rico Co 81332
$7,789,350
49,919,760 / 1,146
Sold Cren Member 4/5/23
Description
The chance to be a part of the resurgence of a small Colorado mountain town lies in the hands and the vision of the new owner of this unmatched offering in Rico. The Silver Springs at Rico offering consists of 181 separate parcels of land (146 mining claims, 6 tracts, and 29 platted lots) dispersed over 1,146 acres in one of the most beautiful destinations in Southwest Colorado. Silver Springs at Rico is an unparalleled value-add opportunity in any market, and a true masterpiece in today’s resort...The chance to be a part of the resurgence of a small Colorado mountain town lies in the hands and the vision of the new owner of this unmatched offering in Rico. The Silver Springs at Rico offering consists of 181 separate parcels of land (146 mining claims, 6 tracts, and 29 platted lots) dispersed over 1,146 acres in one of the most beautiful destinations in Southwest Colorado. Silver Springs at Rico is an unparalleled value-add opportunity in any market, and a true masterpiece in today’s resort and commercial real estate markets affording the new owners a multitude of paths toward value. This property provides many compelling options for the investor including a USFS trade for land elsewhere in Colorado, harvesting geothermal energy with myriad benefits and uses, as well as numerous development scenarios. Envision a Hot Springs Hotel and Resort right on the river downtown, or the development of home sites with mountain residences in the hillsides. None of these options are mutually exclusive providing the freedom to mix and match. Surrounded by the towering San Juan peaks and nestled in the headwaters of the Dolores river valley, the charming old mining town of Rico provides a mecca for outdoor adventure enthusiasts and those seeking a true mountain lifestyle. This offering is truly rare and special, providing one the chance to create a legacy in one of the most stunning mountain town settings. Please visit the property website for more detailed information on this listing. Address located in Addendum Please reach out directly for a full offering memorandum and/or to schedule a tour of the property in late spring when the snow has subsided
- Listed by Eric Saunders • Telluride Properties LLC
Property Details for Tbd Tbd Hancock Rico Co 81332
Water Front
Yes
ZoningBusiness, Commercial, Residential Multi Family, Residential Single Family
ViewsMountains, Valley, Stream/River
WaterfrontRiver/Stream
Subdv NameNone
Location
LISTING UPDATED: 04/07/2023 08:38 AM
Property Details for Tbd Tbd Hancock Rico Co 81332
Status | Sold Cren Member |
---|---|
MLS # | 792034 |
Days on Market | 364 |
Taxes | $14,228 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | LAND / Commercial |
Year Built | - |
Lot Size | 1146.00 AC |
County | Dolores County |
Location
Building Information for Tbd Tbd Hancock Rico Co 81332
Lot Size1146.00 AC
Payment Calculator
$43,695 per month
The Payment Calculator is for illustrative purposes only.
Property Information for Tbd Tbd Hancock Rico Co 81332
Property History for Tbd Tbd Hancock Rico Co 81332
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near Tbd Tbd Hancock Rico Co 81332
This home is within Dolores County Re No.2 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 12 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
Seventh Street Elementary School PublicPK to 5 | ||
Dove Creek High School Public6 to 12 | ||
Rico Elementary School PublicPK to 6 |
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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