Building Lot in Redlands
For Sale
$183,750
627 Margarita Drive, Grand Junction, CO 81507
LAND - Grand Junction, CO
Property SizeContact for details
Lot Size0.31 Acres
Days on Market205
Property Features for 627 Margarita Drive
General Information
Property type
Land
Property subtype
Single Family Residence
Zoning description
R-4
Subdivision
Monument Ridge Estates
Elementary school
Wingate
Middle school
Redlands
High school
Grand Junction
Directions
Broadway/Highway 340 west, right (north) on Manzanita Drive , right (south) on Margarita Drive to property on right (west) side of the street.
Standard status
Active
APN
2947-154-62-026
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2024
HOA Fee
$500 Annually
Utilities
Water source
Public
Listing Agency:
RIVER CITY REAL ESTATE, LLC
(970) 248-8501
Listed By:
Benjamin Chacon · License #FA100088928
(970) 697-0492
Added: Jan 12
Changed: Aug 5
Last Checked: Aug 5 at 4:06PM
MLS# 20260123
Copyright © 2026 Grand Junction Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a rare opportunity to secure a 0.31-acre building lot in Monument Ridge Estates, a thoughtfully planned Redlands community. The vacant lot is located in one of the Grand Valley's most desirable emerging neighborhoods, just minutes from Grand Junction. It offers convenient access to top-rated schools, shopping, dining, and endless outdoor recreation. The dramatic scenery of the Colorado National Monument and year-round adventure at Powderhorn Mountain Resort are just a short drive away. Construction is already underway, and multiple lots have been sold. This remaining premium lot offers a generous size and peaceful surroundings. It provides the flexibility to design and build an ideal home. Utilities are at the curb and ready for development. With a total of 47 homes planned, Monument Ridge Estates is shaping up to be a cohesive, high-quality neighborhood designed for long-term value. This is an opportunity to secure a place in one of Grand Junction's most promising new communities for builders planning their next project, investors looking for appreciation, or buyers ready to create a custom home in a prime Redlands location.
Key Highlights
- Premium building lot in the desirable Monument Ridge Estates community.
- Convenient location near Grand Junction with easy access to amenities, schools, shopping, and dining.
- Close proximity to outdoor recreation, including Colorado National Monument and Powderhorn Mountain Resort.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
Explore this area
Business Placement
Demographics for 81507, CO
16,053
Population
7,256
Households
2.2
Avg Household Size
51
Median Age
56%
College-Educated
98%
High-School Grad
112.2 sq mi
ZIP Area
143
Density / Sq Mi
$106,039
Median Household Income
$53,084
Median Earnings
$1,580
Median Rent
$491,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Building lot in a thoughtfully planned Redlands community.
Where is this residential land & home lot located?
The property is located at 627 Margarita Drive Grand Junction, CO.
What is the asking price?
The asking price for this property is $183,750.
What are key features of this property?
This property features: Premium building lot in the desirable Monument Ridge Estates community.; Convenient location near Grand Junction with easy access to amenities, schools, shopping, and dining.; Close proximity to outdoor recreation, including Colorado National Monument and Powderhorn Mountain Resort.
