25 Terra Blue (lot 18) Way

Durango, CO 81301

About this property

Lot 18 a detached home lot ready to build! New subdivision within the master planned community of Edgemont Highlands with homes under construction. Just 4 miles east of Durango in the cool pines at 7500 ft, this Phase 2 of an established subdivision within the desirable Edgemont Highlands Master Plan is fully improved and branded. Of the 17 total lots, only 8 are left available (4 detached and 4 in duplexes). This subdivision is designed as "clustered homes" with smaller building envelopes/lots and more common area open space. This minimizes maintenance for the homeowners without compromising on the overall open area in the neighborhood. With a gross density of 4 unit to the acre, the gross area per home is essentially 0.25 acres - but low maintenance! A win win! The Elements Association maintains all those common areas and landscaping there as well for the owners. With conceptual plans for home sizes ranging from 1300 to 2000 square feet, this subdivision can deliver a great value and price point to the market that is much in demand! Elements Phase 1 included 14 townhomes ranging from 1365 to 2200 square feet and is SOLD OUT. Elements assessments are $125 per lot per quarter + Edgemont assessments are $135 per lot per quarter. Buyer responsible for these items per lot at closing: $2,350 infrastructure fee per payable to ERMD, $1,294 in water and sewer "tap fees", $2,000 in electric and gas deposits, $500 to reserve fund for Elements, $500 reserve fund to Edgemont. Lot 18 is 25 Terra Blue Way. Also listed in MLS as 8 lots bulk. Call for details. Take advantage of an opportunity to deliver a lower price point new home in high demand and offer all that Edgemont Highlands includes: community lodge with full kitchen and oversized porch, herb garden, 10+ miles of hiking trails, over 1.5 miles of Florida River for fly fishing and over 200 acres of open space to explore!

Date Added
September 11, 2019
Listing Status
Active
Days On Site
170
MLS#
762894

Features and Additional Information

Lot Size
3,920 SqFt
Acreage
0.09
Property Type
Land
Style
Sub-Type
Resale
Year
Garage
0
Pool
No
Story(s)
Property View
Yes
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$95,000 Active
0 Beds
0 Baths
0 SQFT

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Brokerage
Durango
(970) 259-3333
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Area Information

Durango Rural | La Plata County |

$ 95,000
This listing is play_arrow 76.8% lower than the average in the area
$ 409,000 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
170 days on site
This listing is play_arrow 16.7% below the average in the area
204 days on site in the area

Schools in the Area

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