Ned Burns - Coldwell Banker Distinctive Properties
11 Terra Blue Way - 4 Lots
Durango, CO 81301
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Description

ONLY 8 LOTS REMAIN! New subdivision with improved lots ready to build! 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. ELEMENTS AT EDGEMONT HIGHLANDS PHASE 2 is ready to go vertical! You won't find a small subdivision of improved lots like this anywhere else! 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. Subdivision offering includes soils testing by Trautner, civil engineering by Russell, trees and site surveyed by Moreno, approved final plat by Moreno, logo and branding, professional subdivision website LIVE, recorded covenants, and an established association with professional management by AREM. Lot 15 is 11 Terra Blue Way. The 4 lots include 15, 16, 17, 18. Also listed in MLS as 8 lots or 2 lots. 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!

Details

MLS#745688
Sub-TypeResale
StatusActive
Days On Site204

Features

Acreage0.34
Property ViewYes

Market Activity 81301

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Ned Burns

Ned Burns

 (208) 309-1183

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Area Information

StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango Rural
Listing VS Median (in 81301)
Price:
$400,000
low | high
Med:
$367,000
58.25% of Average
On Site:
204
low | high
Med:
170
100% of Average
Listing Updated: 12/13/2018
MLS Number: 745688
Listing Provided By:
Jaime Marquez  of  Durango Mountain Realty



The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2017. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.
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Ned Burns - Coldwell Banker Distinctive Properties

© 2018 Ned Burns - Coldwell Banker Distinctive Properties - (208) 309-1183.
Equal housing opportunity. An equal opportunity company.
© 2018 Coldwell Banker Distinctive Properties. Equal housing opportunity. An equal opportunity company.

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Aspen Board of Realtors MLS.



The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2017. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than 2104:66 contain that company's name.
Fair Housing Disclaimer

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than [insert IDX Subscriber’s firm name here] are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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