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Size: 10.27 Acres
Type: Land

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Residential - Durango, CO

Justin D Osborn, The Wells Group of Durango, LLC, O: 970-946-3935, , 10.27 acres in the path of development at the edge of Durango City limits. No HOA & No Covenants. City of Durango will require annexation for this land that is zoned medium density residential and approved for up to 12 units per acre. With the average price of a home in Durango now running over $900K, there's plenty of profit margin here for a developer. Central water and sewer are located just to the south at the corner of High Llama Lane and Wilson Gulch Road. Annual taxes are $2,094.24. Adjoining 14.27 acres to the north can be purchased with this property at a package price of $3.6M. 3 bedroom home built in 1981 rented for $1,000 a month through May 1, 2025. Guest apartment currently rented at $700 a month through May 1, 2025. No value given to the improvements.

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The Wells Group of Durango, LLC

License #50856

Durango, CO

(970) 259-6680

Justin Osborn

The Wells Group of Durango, LLC
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The Wells Group of Durango, LLC, (970) 259-6680
Source: ListHub, MLS# 819206
Listing status: Active
Listing last updated: September 26, 2025 at 5:46 PM
Listing last checked: October 31, 2025 at 4:30 PM
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