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    455 High Llama Ln Durango, CO 81301

    Under Contract
    For Sale
    $2,400,000

    Residential - Durango, CO

    Type:Single Family Residence
    Lot size:
    25.00 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 455 High Llama Ln

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active Under Contract
    Lot size
    25.00 Acres

    Building Details

    Architectural style
    Other

    The Wells Group of Durango, LLC (970) 259-6680 [email protected]

    Listing agent Justin Osborn (970) 259-6680

    Listing date Nov 20, 2025

    MLS# 819208 Listing URL

    Copyright © 2025 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    25 Acres Development Opportunity, Durango

    Two separately deeded parcels totaling 25 acres are available on the edge of Durango city limits. The land is zoned for medium-density residential use and approved for up to 12 units per acre. Central water and sewer access are located to the south at the corner of High Llama Lane and Wilson Gulch Road. There is no Home Owners Association and no Covenants. The City of Durango requires annexation for development. A 3-bedroom home built in 1981 is located on the property and is currently rented for $1,000 per month through May 1, 2025. Additionally, there is a guest apartment rented at $700 per month through May 1, 2025. No value is given to the improvements. The annual taxes are $3,095.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mathis Mountain Media Photographer

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.8337872
    Latitude
    37.235564

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    FAQs

    What type of property is this?
    Land - 25 acres near Durango city limits, development potential.
    Where is this land located?
    The property is located at 455 High Llama Ln Durango, CO.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Two separately deeded parcels totaling 25 acres near Durango City limits.; - Zoned medium density residential and approved for up to 12 units per acre.; - No HOA & No Covenants.
    (970) 259-6680
    Request Owner's contact information
    455 High Llama Ln Durango, CO 81301
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    Durango, CO 81301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    455 High Llama Ln Durango, CO 81301
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