Silverton CO Tbd 5 & Reese St Silverton, CO 81433
- Land
Current Use by Public Records
- Land
Property Details for Silverton CO Tbd 5 & Reese St
- Property type
- Land
Description
This exceptional offering presents two contiguous 25x100 foot lots totaling 5,000 square feet in Silverton, Colorado's newest neighborhood, Mineral Creek Homes. Located at TBD 5th & Reese St., zip code 81433, this prime property is priced at $360,000, or $72 per square foot. The land is zoned R-2 Multifamily, providing flexibility for various development options. Build a single-family home, duplex, triplex, or even a larger multi-family project like apartments or townhomes. The neighborhood boasts newly constructed infrastructure, including buried utilities, high-speed fiber internet, fresh roads, alleys, and sidewalks – all completed by November, making these lots shovel-ready. This represents a rare opportunity to capitalize on Silverton's significant housing shortage and create your ideal mountain retreat in the heart of the San Juan Mountains. The lots comply with the minimum 5,000 square foot zoning requirement. This development is the largest expansion of residential lots in Silverton, offering a unique chance to be part of a thriving mountain community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Silverton
- County
- San Juan
- State
- Colorado
- Longitude
- -107.671
- Latitude
- 37.8063
