About This Home
This 3-bedroom, 1-bathroom single family at 29727 E HWY 160 in Durango, CO is listed for $850,000 ($708 per sqft). the home offers 1,200 sqft of living space on a 0.78 acres lot.
Key Features
- 0.78 acre lot
Property Details
Riley Searle, eXp Realty, LLC, C:,,: Great opportunity to own a versatile, mixed use property in the county with over 130 feet of HWY 160 frontage. The property's current use is residential with a 2 unit income stream of the 3 bedroom home, and the ~1,000 sqft heated garage with water and drains, as well as a tall RV carport, and several storage sheds.
Inquire with agent for current rental prices of these units. The home has been very well taken care of and makes a great rental, or even a primary residence. The large heated garage/shop would also make a great live/work location, or house hack opportunity!
Being surrounded by other commercial properties, and under a future land use designation of the Durango District Plan of "Mixed Use," it presents an array of possibilities for development or keeping it as residential with a live/work setup! Being in the county, a free Feasibility Evaluation by the county let's you know what type of development would be possible (document attached to the listing).
The entire parcel is flat and very usable, having it's own well (pumped at 7 GPM in 2023), and connected to the SouthDurango Sanitation District for sewer. Undoubtedly in Durango's "path of progress" with great HWY visibility. Based onCDOT's US 160 Final Environmental Impact Statement - Appendix A: Traffic Report - this area has a daily traffic volume of ~42,500 vehicles.
*buyer to do their own due diligence and research on traffic volume to buyers satisfaction. Attractively priced with great future and current potential, and many possible uses!
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
29727 E HWY 160
Durango, CO 81301
Questions & Answers
This 3-bedroom, 1-bathroom single family at 29727 E HWY 160 is listed at $850,000 ($708/sqft). The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.78 acre lot.
This property is listed by Riley Searle and can be reached at 9709035268.
