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401 Payson St Naturita, CO 81422

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For Sale
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1.08 Acres, Residential Zoning, Huge Potential

Property Features for 401 Payson St

General Information

Property type
Land
Lot Size
47,045 SF

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Listing Contact
Colleen Aller
Colleen Aller

Listing Agency: Keller Williams Realty Southwest Associates Listing Agent: Colleen Aller

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This 1.08-acre parcel in Naturita, Colorado, zoned residential, offers an exceptional investment opportunity. Priced at $335,000 ($10.09/sq ft), it's ideally suited for a high-density housing development, potentially utilizing 17 lots for micro homes or a tiny home village. The town of Naturita actively supports affordable housing initiatives, including potential $50,000 credits per unit through Proposition 123 and state grants for infrastructure. Existing water and sewer taps are on-site, simplifying development. Located at 401 Payson St, 81422, this property benefits from its proximity to outdoor recreation (hiking, biking, hunting), and an employee shuttle to Telluride. Naturita itself offers local amenities including an inn, café, gas station, grocery store, and motel. This represents a unique chance to contribute to the community while capitalizing on significant incentives and the growing demand for housing in this desirable area. The property is owned by Miller.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Naturita
County
Montrose
State
Colorado
Longitude
-108.5748527
Latitude
38.2201901

FAQs

What type of property is this?
Land - 1.08 Acres, Residential Zoning, Huge Potential
Where is this land located?
The property is located at 401 Payson St Naturita, CO.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: $335,000 asking price for 1.08 acres of residential land.; Located at 401 Payson St, Naturita, CO 81422.; Zoned for residential use; suitable for micro-home development or affordable housing.
(970) 901-7018 Call to check price and availability
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