455 & 589 High Llama LaneDurango, CO 81301
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$16,425Two separately deeded parcels consisting of 25 acres in the path of development at the edge of Durango City limits. No HOA & No Covenants. City of Durango will require annexation for this land that is zoned medium density residential and approved for up to 12 units per acre. With the average price of a home in Durango now running over $900K, there's plenty of profit margin here for a developer. Central water and sewer are located just to the south at the corner of High Llama Lane and Wilson Gulch Road. Annual taxes are $3,095. 3 bedroom home built in 1981 rented for $1,000 a month through May 1, 2025. Guest apartment currently rented at $700 a month through May 1, 2025. No value given to the improvements.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
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Data last updated at: 2024-10-30 12:00 AM UTC
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