89 Ute Dr Pagosa Springs, CO 81147
This exceptional 1.4-acre residential lot in Pagosa Springs, Colorado, presents a unique opportunity to build your dream home. Located at 89 Ute Drive, 81147, Archuleta County, this property boasts breathtaking views of the surrounding hillsides. A pre-existing driveway, lined with mature ponderosa pines, leads to the building site, offering convenient access and established landscaping. Infrastructure is already in place, including a driveway and culvert, significantly reducing construction costs and time. A water meter connected to a community well ensures readily available water, and an electrical pedestal with an open socket is conveniently located at the property's edge. The lot is part of The Pines at Aspen Springs, a community governed by covenants that ensure a high standard of development while maintaining a low-maintenance lifestyle without a homeowner's association (HOA). These covenants specify a minimum build size of 1,200 square feet, providing flexibility in your home design. Year-round road maintenance ensures easy access, and Highway 160 is conveniently close. Priced at $65,000, this 1.4-acre parcel offers an exceptional value at approximately $46,428.57 per acre. Don't miss this chance to build your mountain retreat in this desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.