0285 Rio Grande Club Trl, South Fork, CO 81154

Property Details for 0285 Rio Grande Club Trl

Lot size

16.48 lot acres

Property type

Land

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

South Fork

County

Rio Grande

State

Colorado

Longitude

-106.639

Latitude

37.6806