United StatesColoradoPagosa Springs445 and 478 Bonanza Avenue

445 and 478 Bonanza Avenue
445 and 478 Bonanza Avenue Pagosa Springs, Colorado 81147 United States

$125,000
 Get directions
 
TINY HOME / Manufactured Home Developer opportunity! With the shortage of affordable housing and manufactures home lots in Pagosa Springs, here is a keen opportunity for mobile lot or TINY HOME development. Once about 50x100 individual lots, this...

Keller Williams Realty Southwest Associates, LLC - Pagosa

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC - Pagosa
4.43 Acres
Exterior
Residential
Property type
780329
Web Id
780329
MLS ID
Pagosa Vista - 03 Cnty Code 00457
Subdivision
552
days ago

About 445 and 478 Bonanza Avenue

TINY HOME / Manufactured Home Developer opportunity! With the shortage of affordable housing and manufactures home lots in Pagosa Springs, here is a keen opportunity for mobile lot or TINY HOME development. Once about 50x100 individual lots, this seller merged the 1.23 acres and 3+ acres parcels for two single PLPOA (HOA yearly fee) of $275.00. A main line water/sewer line is needed for these land parcels and its development. With the separation of the parcel into individual lots, a developer could place mobile units or tiny homes (estimated at about 27), providing the most affordable housing for Pagosa Springs! Or larger sized lots could be formed for less home density. Electric runs at the backside of the lot with other existing mobile homes on the 1+ acre parcel (lending itself for prime manufactured home lots). Sell the manufactured home lots for income to supplement the water/sewer line extension. Maybe you are savvy for a development grant opportunity? The 3+ acres parcel across the street has a treed setting and mountain views, prime for a Colorado Tiny Home development. These parcels are also located in the PLPOA which has Recreation Center membership and lake fishing opportunities! In addition to its prime Pagosa location, this convenient setting for homes has an abundance of ponderosa pines and mountain views! Enjoy nightly dark skies with an abundance of stars and peace and quiet in this residential community! Priced for a NOW sale (seller is older and liquidating land assets), purchase and develop latter. For less than $1,100 per year in POA & property taxes, this is truly a grand investment or 1031 Exchange opportunity as Pagosa Springs continues to grow in population! The Seller will also consider financing creating a splendid opportunity for the first time investor! The rolling terrain is wonderful and contains beautiful groves of Ponderosa pine trees complimented by cedar and mountain oak. This inviting wooded habitat attracts deer, elk and wild turkey. Pagosa Springs is Fortunate to be surrounded by charming mountains with plenty to offer including the most natural snow in Colorado skiing, natural hot springs, and massive ponderosa pines. Fly fishing can be done just about anywhere the river flows because of the Pagosa wilderness creeks cascading out of the Weminuche and San Juan Wilderness Areas. You can also simply fly fish the San Juan River through town. A round of golf at the nearby Pagosa Golf Course awaits! A plethora of winter activities such as skiing, sledding, snow tubing, snowmobiling, snowshoeing and more are accessible at Wolf Creek Ski area and several National Forest access trail heads nearby. We love rural living and the opportunity to pursue our passions. In this place, we are creating memories to last a lifetime. Pocket this development land opportunity today! PLPOA & Real estate taxes include both properties.

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC - Pagosa, CREN MLS

features

lot description
Valley / Canyon View

PROPERTY INFORMATION

View
Mountains, Valley
Listing Courtesy of Keller Williams Realty Southwest Associates, LLC - Pagosa

Keller Williams Realty Southwest Associates, LLC - Pagosa

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC - Pagosa

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2017. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.

FULL CREN Disclaimer

Real Estate listings held by companies other than CREN contain that company's name.

FULL CREN Disclaimer
Contact Agent