25 Acres Development
455 & 589 High Llama Lane, Durango, CO 81301
For Sale
Contact for pricing
Pending
25 acres near Durango city limits, development potential.
Property SizeContact for details
Lot Size25.00 Acres
Days on Market731
Property Features for 455 & 589 High Llama Lane
General Information
Standard status
Lot size
Property subtype
Listing Agency:
The Wells Group of Durango, Inc.
Listed By:
Justin Osborn · License #CO FA.040029125
(970) 946-3935
Source:
Crexi
Added: Nov 6, 2024
Changed: Oct 25
Last Checked: Oct 25 at 2:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Wells Group of Durango, Inc.
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Investment Insights
Based on property information with market context.
This property features two separately deeded parcels totaling 25 acres. Located at the edge of Durango city limits, the land is positioned in an area undergoing development. There is no Home Owners Association and no Covenants. The City of Durango requires annexation for this land, which is zoned for medium-density residential use and approved for up to 12 units per acre. Central water and sewer services are located to the south, at the corner of High Llama Lane and Wilson Gulch Road. The property includes a 3-bedroom home built in 1981, currently rented for $1,000 per month through May 1, 2025, and a guest apartment rented at $700 per month through May 1, 2025. The annual taxes are $3,095. The property is intended for development.
Key Highlights
- 1.25 acres at the edge of Durango City limits in path of development.
- Zoned medium density residential and approved for up to 12 units per acre.
- No HOA & No Covenants.
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Location Intelligence
Trade Area within ½ mile
464
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Demographics for 81301, CO
30,760
Population
16,548
Households
1.9
Avg Household Size
40
Median Age
58%
College-Educated
98%
High-School Grad
755.4 sq mi
ZIP Area
41
Density / Sq Mi
$83,209
Median Household Income
$41,777
Median Earnings
$1,433
Median Rent
$634,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 25 acres near Durango city limits, development potential.
Where is this residential land & home lot located?
The property is located at 455 & 589 High Llama Lane 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: 1.25 acres at the edge of Durango City limits in path of development.; Zoned medium density residential and approved for up to 12 units per acre.; No HOA & No Covenants.
