Single Family Detached
Rick G Lorenz, The Wells Group of Durango, Inc., C: 970-759-3789, Rick@BuyDurango.com, http://www.BuyDurango.com: Nice views of Lake Nighthorse along with the prestige of being in Shenandoah, although technically you are not part of that subdivision. Less than 15 minutes to town under normal driving circumstances. You have views of Black Ridge, the HD's and Wolf Creek Pass in the distant east. Even though this property fronts on both D & RG Ute Junction, the better entrance is from the Ute Junction side of the lot. There is an 800 foot deep high-capacity water well on the adjoining lot and you would own an undivided 1/3 interest in that water well; the other 2/3 interest is owned by the other two lots in Wapiti Ridge. If you want a Lake Durango Water Authority water tap, you should be able to purchase one of those from the water authority by February or March 2018. There is no Lake Durango Water Authority water tap included with this lot. The exact price has not yet been determined but around $14,000 is what I have been told. This is not actually in the Shenandoah subdivision so the owners created their own covenants; you could change them if you purchased the other 2 lots in the subdivision. Access is over the paved roads in Shenandoah Estates so you do have some road fees to pay, but you are not a part of the Shenandoah or Shenandoah Estates Homeowners Association. The only fees that would be due are any special assessment for road repairs and excessive snow removal in Shenandoah Estates.(Seller currently pays $805 per year for road maintenance.) Seller will split with the buyer on a 50/50 basis the one-time $12,000. road assessment due at closing. You are committed to abide by the Shenandoah Estates architectural guidelines.The property can be purchased with lots 1 of Wapiti Ridge to make a large family estate type property. Lot 2 directly adjoins Lot 1. Ideal for somebody wanting to do an impressive family compound because the property is already divided into separate lots. The 2 lots are as follows: Lot 1 is 35.395 acres and has 2016 property taxes of $3,000; lot 2 is 4.1 acres in size and has property taxes of $1440.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Single Family Detached
located at TBD-2 Ute Junction Circle, Durango, CO
is currently for sale.
TBD-2 Ute Junction Circle, Durango is listed
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