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TBD Tbd

Rico, CO 81332
  • $10,000,000
  • STATUS: Active Under Contract
  • ON SITE: 173 Days
  • MLS #: 40521
Under Contract
$10,000,000
  • 0
    BEDS
  • 1146
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

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 and commercial real estate markets affording the new owners a multitude of paths toward valueThis 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.

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[Teullride Board of Realtors] logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. 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. or Telluride Properties. Data last updated: 2022-09-26T23:49:45.987.

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TBD Tbd Rico, CO 81332

  • Price: $10,000,000
  • Status: Active Under Contract
  • On Site: 173 Days
  • MLS #: 40521
0
Beds
0
Baths
0
½ Baths
1146
Acres
Neighborhood:
None
County:
Dolores
Area:
Rico - 97 (Major Area 80)
Property 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 and commercial real estate markets affording the new owners a multitude of paths toward valueThis 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.
Exterior Features

Access County Access Road County Irrigation YN No Lot Locations Borders Blm/UsfsBorders PublicWater Front Special Location Borders Nat'l ForestBorders Open SpaceBorders RiverMain StreetMining ClaimNat'l Forest ServiceOpen SpaceRiver Surface Water River Trees Mix View Rico River ValleySan Juan Mountains

Property Features

Deed Restrict None Density More Than 40 Disclosures Flood PlainGeo HazardRight Of 1StWetlands Documents On File Aerial PhotosLegal DescriptionOther Electricity Near Lot Line - But Not To Land Type 70+ Acres (Not Sub Dividable) Major Area 80 REO No RETT None Sanitation Need Septic Sewer Septic Required Short Sale No Tax Year 2021 Taxes 14227.60 Under Contract Status Under Contract - Soft Utilities ElectricityTelephone Line Utility Cable Tv Not In Area Utility Phone Lines Unknown Water Tap Fee DueWell Required Water Supply Other Zoning Residential/Commercial

Listing provided courtesy of Eric Saunders of Telluride Properties: .
[Teullride Board of Realtors] logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. 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. or Telluride Properties. Data last updated: 2022-09-26T23:49:45.987.

 
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