401 Payson Street, Naturita, CO 81422 (MLS # 42401)
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Opportunity! The town of Naturita needs affordable housing! Proposition 123 created the State Affordable Housing Fund which the Town of Naturita is a part of. If a developer/investor builds affordable housing utilizing Proposition 123, a $50,000 credit per door will be awarded. There is also the possibility for the State of Colorado grant money for the infrastructure of water and sewer lines. There are currently water, and sewer taps at the lot for ease of future infrastructure. This expansive 1.08-acre parcel presents an exceptional opportunity for savvy investors and visionaries alike spread across 17 lots. This property offers incredible potential for high-density employee housing or the development of a charming tiny home village.
DAYS ON MARKET | 175 | LAST UPDATED | 7/31/2024 |
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TRACT | None | YEAR BUILT | 0 |
COUNTY | Montrose County | STATUS | Active |
PROPERTY TYPE(S) | Lot/Land/Acreage |
PRICE HISTORY | |
Prior to May 13, '24 | $475,000 |
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May 13, '24 - Jun 18, '24 | $425,000 |
Jun 18, '24 - Jul 31, '24 | $407,500 |
Jul 31, '24 - Today | $335,000 |
ADDITIONAL DETAILS | |
LOT | 1.08 acre(s) |
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SEWER | Septic Tank |
SUBDIVISION | None |
TAXES | 584.44 |
UTILITIES | Natural Gas Available |
WATER | Public |
ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listed with Keller Williams Realty Southwest Associates LLC
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©Copyright 2024 by Telluride Association of REALTORS, Inc.
ALL RIGHTS RESERVED WORLDWIDE.
The data was last updated on: 9/19/24 3:35 PM PDT
The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing.
©Copyright 2024 by Telluride Association of REALTORS, Inc.
ALL RIGHTS RESERVED WORLDWIDE.
The data was last updated on: 9/19/24 3:35 PM PDT
This IDX solution is (c) Diverse Solutions 2024.