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$900,000
Est. payment /mo
40 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 840263
Annual Tax Amount $9,714
Tax Year 2026
Lot Size 40.000 Acres
Acres 40.0
Property Sub-Type 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.
Location
State CO
County La Plata
Zoning Commercial,Residential Multi Family,Residential Single Family
Rooms
Dining Room No
Exterior
Utilities Available Electricity Near, Natural Gas Near, Phone Near
View Mountains, Valley
Building
Sewer Sewer Tap Available
Water Public
Schools
Elementary Schools Bayfield K-5
Middle Schools Bayfield 6-8
High Schools Bayfield 9-12
Others
Read Less Info

Listed by Wells Group Real Estate
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