$1,620,000
For Sale

Naropa Tract

Crestone, CO 81131
Listing OfficeDarlene Yarbrough Real Estate
Type:Purchase
Structure:Land
Zone:Residential

Description

DO NOT drive straight out on Camino Baca Grande, as access from the north is 4x4 only! Access via Wagon Wheel Rd - see directions below. Rare opportunity for institutional development in the energetically-powerful community of Crestone/Baca Grande, renowned for its towering peaks, soaring views, and unspoiled nature. This property is outside the Baca Grande POA and subject to unincorporated county development code. Pilgrims of varying ilk have been drawn to these mountains for centuries. Legend has it the mountains were named Sangre de Cristo, after the red hues observed on the peaks at sunset. Crestone is a historic mining town from the 19th century. Today, it is an eclectic mountain community, far from the hustle and bustle, where one will as soon encounter an outdoor enthusiast on their way to the summit of a 14,000-foot peak or a nun/monk in full burgundy robes. Two adjoining properties totaling 48.4 acres, zoned for institutional use. Land is sloping, affording sweeping views of the the San Luis Valley and San Juan Mountains to the west. The Sangre de Cristos rise straight up in the east, protecting the lands below. Pinon, Juniper and the occasional Ponderosa dot the mountainside, also the rock outcroppings for which Crestone is famous. About one half mile from paved road access to town, a 15-min drive. Crestone, an international Dark Skies Community, is famous for sunny days (285/yr) and starry nights, has grocers, USPS, hardware, gallery, cafes, restaurants, pub, and more. An active water connection is in place, and a sewer tap-fee paid, on the larger parcel. Water & sewer service are provided by Baca Grande Water & Sanitation District (sewer line in the road to west of property). Electrical service is underground and provided by SLVREC (also outside property to the west), preserving views and reducing fire risk. Call the utility providers for details/costs to connect. See supplemental documents, or call broker for details regarding covenants.

  • Property Details
      • Lot DescriptionFoothills, Greenbelt, Many Trees, Rock Outcropping, Sloped
      • Utility FeaturesElectricity Available
      • ViewMountain(s), Valley
      • Property SubtypeImproved Land
      • Sewer InformationPublic Sewer
      • Original List Price$1,800,000
      • Property TypePurchase
      • School DistrictMoffat 2
      • CountySaguache
      • MLS #8281484
      • Cost1620000
      • MLS #8281484
      • Utility SourcePublic
      • Acres48.37
      • Taxes Annual$0

Location

Day and CoReal Estate Group
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years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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