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0285 Rio Grande Club Trl South Fork, CO 81154

For Sale
$2,500,000

16 Acres, 106+ Duplex Potential

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional 16.48-acre parcel in South Fork, Colorado, presents a remarkable opportunity for residential development. Located within the Village at Alder Creek Phase 2, this raw, unplatted land boasts pre-existing approvals for up to 106 duplex units, offering significant potential for high-density residential construction. The property is situated in the desirable South Fork Ranches neighborhood, a short distance from the Rio Grande Club Resort, which features an 18-hole championship golf course, clubhouse, tennis courts, swimming pool, fitness center, and restaurants. The convenient location is less than a half-mile from Highway 160 and approximately a half-mile from the town of South Fork, offering easy access to amenities and transportation. Alder Creek forms a natural boundary along the western edge of the property, adding to its scenic appeal. The northern boundary is County Road 15, providing convenient access. The property's proximity to the Rio Grande River further enhances its desirability. While initially approved for 106 duplex units, current building codes may necessitate a revised site plan to determine the final number of permissible units. The asking price is $2,500,000, and the seller is open to partial financing. This presents a unique investment opportunity in a rapidly growing area with high demand for residential properties, particularly those suitable for short-term rentals given the area's popularity as a vacation destination. The property's location offers easy access to outdoor recreation and is within reasonable driving distance of several major Colorado cities, including Durango, Salida, and even Denver.

Property Features for 0285 Rio Grande Club Trl

General Information

Property type
Multifamily properties
Lot Size
717,869 SF

HighLights

  • 60 miles to Poncha Springs
  • 65 miles to Salida
  • 101 miles to Buena Vista
  • 118 miles to Durango
  • 153 miles to Pueblo
  • 196 miles to Colorado Springs
Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Accounting Firm Storage Facility Grocery Store Food Market Garden Center

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

Location Insight

  • Map
  • Local Demand
City
South Fork
County
Rio Grande
State
Colorado
Longitude
-106.639277
Latitude
37.6805699

FAQs

What type of property is this?
Multifamily property - 16 Acres, 106+ Duplex Potential
Where is this multifamily property located?
The property is located at 0285 Rio Grande Club Trl South Fork, CO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 60 miles to Poncha Springs; 65 miles to Salida; 101 miles to Buena Vista
More about this property
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