Active
960 Bauer
Mancos CO, 81328
$1,200,000
$2.07 per sqft
Active
13.3 Acres
Land
Courtesy of Colorado Ranch and Home Realty with Listing Contact: 970-759-2540
Discover a prime investment property on the western outskirts of Mancos, just 1.5 miles from downtown. This expansive 13.3-acre parcel, strategically located on the south side of Highway 160, is divided into 48 lots, offering a wealth of development possibilities. The property boasts stunning panoramic views of Mesa Verde, the picturesque valley, and the towering La Plata Mountains, creating an idyllic backdrop for future residences. Currently zoned for single-family homes, the Town of Mancos has expressed a willingness to collaborate with developers, potentially allowing for rezoning to accommodate various project concepts. There are numerous avenues for development. Lot sales could average $85,000 each, yielding a potential return of around $4 million. Alternatively, developers could consider building single-family homes of approximately 1,300 square feet, which could average $425,000 each and result in a potential return of about $20 million. There is also the possibility for multi-housing options on select lots. In terms of infrastructure, sewer lines will require sump pump installation, and water lines need to be established. Additionally, road construction will be necessary, along with fencing along the western property line. This offering is for the entire 48-lot parcel, presenting a unique opportunity for visionary developers to shape the future of Mancos' residential landscape.
814520
MLSⓇ ID
June 7, 2024
Listed
December 26, 2024
Updated
Map
960 Bauer
Mancos CO, 81328
Exterior/Building Features
Lot Size
13.3 Acres
Lot Features
Pasture, Level
School Information
High School
Mancos 9-12
Elementary School
Mancos K-5
Other Property Details
Area Name
Mancos
Days on Market
202
Garage
No
View
Yes
View Description
Mountain(s), Valley
County
Montezuma
Pool
No
Courtesy of Colorado Ranch and Home Realty with
Listing Contact: 970-759-2540
SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
©COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK 121 N Park Avenue, Suite #4, Montrose, CO 81401. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Real estate listings held by companies other than Wells Group Real Estate will feature the respective company’s name.
Data last updated on: 12/26/2024