TBD TBD
TBD TBD Rico, Colorado 81332 United States

$10,000,000
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The chance to be a part of the resurgence of a small Colorado mountain town lies in the hands and the vision of the new owner of this unmatched offering in Rico. The Silver Springs at Rico offering consists of 181 separate parcels of land (146...

Telluride Properties LLC

Listing Courtesy of Telluride Properties LLC
$10,000,000
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1,146 Acres
Exterior
Land
Property type
792035
Web Id
792035
MLS ID
82
days ago

About TBD TBD

The chance to be a part of the resurgence of a small Colorado mountain town lies in the hands and the vision of the new owner of this unmatched offering in Rico. The Silver Springs at Rico offering consists of 181 separate parcels of land (146 mining claims, 6 tracts, and 29 platted lots) dispersed over 1,146 acres in one of the most beautiful destinations in Southwest Colorado. Silver Springs at Rico is an unparalleled value-add opportunity in any market, and a true masterpiece in todays resort and commercial real estate markets affording the new owners a multitude of paths toward value. This property provides many compelling options for the investor including a USFS trade for land elsewhere in Colorado, harvesting geothermal energy with myriad benefits and uses, as well as numerous development scenarios. Envision a Hot Springs Hotel and Resort right on the river downtown, or the development of home sites with mountain residences in the hillsides. None of these options are mutually exclusive providing the freedom to mix and match. Surrounded by the towering San Juan peaks and nestled in the headwaters of the Dolores river valley, the charming old mining town of Rico provides a mecca for outdoor adventure enthusiasts and those seeking a true mountain lifestyle. This offering is truly rare and special, providing one the chance to create a legacy in one of the most stunning mountain town settings. Please visit the property website for more detailed information on this listing. Web address located in the Addendum Please reach out directly for a full offering memorandum and/or to schedule a tour of the property in late spring when the snow has subsided

Listing Courtesy of Telluride Properties LLC, CREN MLS

features

lot description
River, Valley / Canyon View, Waterfront

PROPERTY INFORMATION

Sewer
Septic
View
Mountains, Stream/River, Valley
Waterfront
River/Stream
Listing Courtesy of Telluride Properties LLC

Telluride Properties LLC

Listing Courtesy of Telluride Properties LLC

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