5 Acres in Sanford, CO - $159
For $159 per month, you can own this fantastic property in the Rio Grande Ranchos, located in Costilla County, Colorado. Just 28 miles southwest of the town of Fort Garland, where stands the historic fort that was the last command of Kit Carson. Fort Garland is approximately 200 miles south of Denver and approximately 200 miles north of Albuquerque. Just 15 miles east is the town of San Luis, the oldest town in Colorado, founded in 1851.
If you are looking for a beautifully scenic Colorado property with road frontage, great wildlife, and million dollar views, this is the property for you. We encourage you to go view the property. Once you see it, you will be sold as we were!
Property Details:
Property Address: Cora, Sanford, CO 81151
Parcel ID: 71567870
Size: 5 Acres
Terrain: Level
Access: Dirt Road
Conveyance: Warranty Deed
HOA Fees: None
Taxes: Approximately $75 per year
Terms:
...
Cash Price: $7,250
Owner Financing: $249 document fee and $159/month for 60 months
GPS Coordinates: 37.1677, -105.6254
See attached Residential Development Procedures document for more info on building requirements.
All roads are county and state maintained which provide you permanent, legal access to your
property. All of the lots have been surveyed, staked and marked for identification. This was
done many years ago. Some of the corner markers may be difficult to locate without a metal
detector. To establish a physical address and questions regarding zoning and planning call
Costilla County 719-672-9109.
WHAT ABOUT WATER?
You will have several options for water all of which are at your sole expense. They include
drilling a new water well or having water delivered to a water tank you have installed. It is
estimated the depth of the water well will be between 100-200 feet. It is difficult to estimate an
exact cost of drilling a new water well. This will depend upon the company you hire to drill the
well. Prices may vary between different companies from $15 to $55 per foot. We encourage you
to fully investigate every company offering this service and not base your decision solely on the
price. There is no assurance that a productive well can be installed on your land and, if it
cannot, no refund of the purchase price will be made. The purity and chemical content of the
water cannot be determined until each individual well is completed and tested. Contact a
Licensed Colorado Well driller for further information and proposed costs and contact county for
required permits.
WHAT ABOUT UTILITIES?
Electrical lines are several miles away from your land. You will be responsible for any cost of
installation. It costs approximately $5 per foot to extend electrical lines. If you would like to
contact the electric company to find out how much it will cost to run the electrical lines to your
land, you may contact them at: San Luis Valley Rural Electric Cooperative, 719-852-3538 or
800-332-7634. As a way to reduce your costs (both initially and over the long-term), we
recommend you explore the use of alternative/renewal energy sources such as generators,
wind or solar systems for your electrical needs. Both the Federal government and the State of
Colorado have had programs to assist in the payment of a new solar system. The use of
alternative power source will save you a lot of money. In this area, all you will need is a septic
tank and leech field system for your cabin or home. For prices, check with a hardware store.
Before installation of a septic system, a permit must be obtained from the County Health Officer
in San Luis, Colorado. Further information about utilities and who to contact can be provided
upon request.
MAY I USE THE LAND WHILE I'M PAYING FOR IT AND WHEN DO I RECEIVE A DEED
TO MY PROPERTY?
Yes, beginning the very day you sign the purchase contract, the land is yours to use and enjoy.
CAN I RESELL MY PROPERTY IN THE FUTURE AND MAKE A PROFIT?
While there is no guarantee of profit from any land sale, historically land prices have increased
in value. We believe there are many reasons for this upward trend, including inflation,
population growth, a decreasing supply of land, the public's desire for a more natural
environment, trend toward movement away from urban areas and the increasing popularity of
outdoor recreational activities.
IS THERE A PROPERTY OWNERS ASSOCIATION OR ANY RESTRICTIONS ON THE
PROPERTY?
There is no property owners association. Restrictions and land uses are governed by the
Costilla County Planning Department . We highly suggest contacting their office or website for
specifics regarding the uses of your land.
DOES A BUYER HAVE TO BUILD A HOUSE WITHIN A CERTAIN TIME FRAME?
A buyer is never obligated to a timeframe to build on their property.
WHAT IS THE PROPERTY ZONED AND WHAT ARE THE PROPERTY TAXES FOR A
PARCEL?
The property is zoned Residential Vacant Land. Currently, the approximate annual property
taxes calculate to approximately $100 per year but can vary by parcel.
WHAT ARE MOST PEOPLE PLANNING TO DO WITH THEIR LAND?
Most property owners feel that it is a good opportunity to own a nice lot, yet affordable piece of
Colorado. The unique proximity of this property to Alamosa will allow owners to enjoy a country
lifestyle while living just minutes away from the amenities a city has to offer. Some owners plan
to make their property into a second home, while others plan to move to their property after
retirement. Many plan to pass it down to their children or grandchildren, while others plan to
possibly subdivide the property at a later date, keeping some acreage and selling the rest. Many
of the property owners also plan to utilize the property as a permanent home or a recreational
retreat or getaway from the hustle and bustle of the big city. These lots are ready for you to build
your dream home or just enjoy the good feeling of land ownership.
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