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    1545 S Spruce Street

    Norwood, CO 81423
    • $889,000
    • STATUS: Active
    • ON SITE: 115 days
    • MLS #: 39537
    UPDATED: 156 min ago
    $889,000
    • 3
      BEDS
    • 37.6
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,133
      SQFT
    • $417
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1983
    County:

    School Ratings & Info

    Description

    Development rich development property adjacent to Norwood, 37.60 acres with 2 cash flowing rentals. One 1800 SF 3 bedroom 2 bath home, and one 880 SF apartment with a garage. The 2 residences are currently in the county serviced by a well and septic. The 37.60 acres is prime residential real estate that joins the town of Norwood city limits on 2 sides with county road on the West side of the property. Engineering is currently underway for a residential development prime for annexation to the town of Norwood. Application is in process. The proposed development would include a mixed development of single family residential homes sites and multi family construction potential. This project has a potential for + or - 100 home sites or a mix of single family and multi family sitesHouses both have renters in them. The property is being marketed as a development property. Subdivision plats are being drafted at this time. Prime location for a much needed housing development. The two houses are just a bonus.

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    © Copyright 2021 by Telluride Association of REALTORS, Inc. 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 consent of the Telluride Association of REALTORS, Inc. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Telluride Properties. Data last updated: 2021-09-25T23:49:12.907.

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    1545 S Spruce Street Norwood, CO 81423

    • Price: $889,000
    • Status: Active
    • Updated: 156 min ago
    • MLS #: 39537
    3
    Beds
    2
    Baths
    0
    ½ Baths
    37.6
    Acres
    2,133
    SQFT
    $417
    $/SQFT
    1983
    Built
    Neighborhood:
    None
    County:
    San Miguel
    Area:
    Norwood Area West - Nw (Major Area 50)
    Property Description
    Development rich development property adjacent to Norwood, 37.60 acres with 2 cash flowing rentals. One 1800 SF 3 bedroom 2 bath home, and one 880 SF apartment with a garage. The 2 residences are currently in the county serviced by a well and septic. The 37.60 acres is prime residential real estate that joins the town of Norwood city limits on 2 sides with county road on the West side of the property. Engineering is currently underway for a residential development prime for annexation to the town of Norwood. Application is in process. The proposed development would include a mixed development of single family residential homes sites and multi family construction potential. This project has a potential for + or - 100 home sites or a mix of single family and multi family sitesHouses both have renters in them. The property is being marketed as a development property. Subdivision plats are being drafted at this time. Prime location for a much needed housing development. The two houses are just a bonus.
    Exterior Features

    Access CityGravel Construction Frame Covered Parking 1 Car Exterior Finish Masonite Garage 1 Car Garage Lofts One Open Area Parking 3 Car + Special Location Near ParkVery Rural Style Ranch View lone cone telluridesan juans la sals

    Interior Features

    Furnished None

    Property Features

    Age 21 - 40 Years Caretakers Unit Yes Deed Restrictions None Disclosures Other See Addendum Electric Power Company Gas Propane Tanks Historical Qualification No Major Area 50 REO No Residential Type County Over 35 Acres RETT None Sanitation Septic Short Sale No Sq Ft Source Assessor Tax Year 2020 Taxes 1519.50 Utility Phone Lines Regular Phone Utility Primary Heat Combination Water Other Zoning Residential

    Listing provided courtesy of Craig Greager of Norwood Real Estate Company.
    © Copyright 2021 by Telluride Association of REALTORS, Inc. 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 consent of the Telluride Association of REALTORS, Inc. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Telluride Properties. Data last updated: 2021-09-25T23:49:12.907.

     
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