Silverton CO Tbd 5 & Reese St Silverton, CO 81433

Prime Silverton, Colorado, presents an exceptional opportunity to acquire two contiguous residential lots, totaling 5,000 square feet, ideally situated at TBD 5th & Reese St., zip code 81433. This property is part of the new Mineral Creek Homes neighborhood, a significant expansion of residential land in the heart of the San Juan Mountains. The R-2 Multifamily zoning allows for diverse development options, including single-family homes, duplexes, triplexes, or even larger multi-family projects such as apartments, townhomes, or condos. Each lot measures 25x100 feet, meeting the minimum 5,000 square foot requirement per building site. The asking price is $360,000, translating to a land value of $72 per square foot. This development boasts brand-new infrastructure, including buried utilities preserving sightlines, and high-speed fiber internet—rare amenities in Silverton. Completed roads, alleys, and sidewalks ensure these lots are shovel-ready by November. This presents a unique chance to capitalize on the significant housing demand in this idyllic mountain town and establish a presence in a thriving, newly developed neighborhood. Don't miss this opportunity to build your mountain dream in the heart of the San Juans.