Harding Real Estate Team
LOT SIZE 40.000 acres
MLS#840263
STATUS
PROPERTY TYPELand - Residential
Property Description
40 acres in the county but the Town of Bayfield is wanting to annex this into city limits for development. Borders 622 acres of Colorado State Land to the north. Currently there are No Covenants and No HOA. DEVELOPMENT POTENTIAL: Commercial opportunities such as places of worship, daycare facilities, and senior or assisted living could likely be approved for development by the Bayfield Planning Department. Residential development use by right includes 43 single family homes in R-40 zoning, 87 single family homes in R-20 zoning, 174 single family homes in R-10 zoning, or 871 multi-family units. The town of Bayfield has confirmed that water and sewer taps are available for development. TAX SAVINGS: With neighboring parcels being 1/4 acre in size, combined with the fact that Bayfield needs housing and this property borders town limits, there's a huge opportunity here for a Conservation Easement play where an investor could potentially received hundreds of thousands of dollars in tax credits.
Property Features
Property Type: Land - Residential
Lot Size: 40.00 Acres
Taxes: 9,714.20
Feature Descriptions
Access: Paved
Days on Site: 1
Land Use: Commercial, Residential Single Family, AgLivestock, Cattle, Dry Land, Grazing(no irrigation), Hogs, Horses, Hunting, Poultry, Recreation
Present Use: Recreation
Pricing: 0.52 (Per Square Foot), 22500.00 (Per Acre)
Sewer: Sewer Tap Available
Special View Info: Mountains, Valley
Utilities: Electricity Near, Phone Near, Natural Gas Near
Water: Public
Local Schools
High School: Bayfield 9-12
Middle School: Bayfield 6-8
Elementary School: Bayfield K-5
Listed By / Shown By
Listed By
Agency Name: Wells Group Real Estate
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 5,297.59 per month $5,034.34 Principal & Interest $0.75 Property Tax $262.50 Homeowner's InsuranceChange Payment Information
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1220 County Road 501 | MLS# 840263
This land located at 1220 County Road 501, Bayfield, CO 81122 is currently listed for sale with an asking price of $900,000. The property has approximately 40.00 Acres. Search Bayfield real estate on www.hardingrealestateteam.com today.