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VIEW PHOTOS
$7,789,350

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Description

The chance to be a part of the resurgence of a small Colorado mountain town lies in the hands and the vision of the new owner of this unmatched offering in Rico. The Silver Springs at Rico offering consists of 181 separate parcels of land (146 mining claims, 6 tracts, and 29 platted lots) dispersed over 1,146 acres in one of the most beautiful destinations in Southwest Colorado. Silver Springs at Rico is an unparalleled value-add opportunity in any market, and a true masterpiece in today's resort and commercial real estate markets affording the new owners a multitude of paths toward value.

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Location

TBD TBD, Rico, Colorado 81332

Status

Sold
Eric Saunders

Eric Saunders

TITLE

Broker Associate

Property Amenities

Area & Lot
Lot Area 1,146 Acres
MLS® ID 40522
View Description Rico River Valley,San Juan Mountains
Type Commercial
Status Sold
Exterior
Green Feature Geothermal
Water Source City
Parking Design Open
Finance
Sales Price $7,789,350
Real Estate Tax $14,228 yearly

Work With Eric

Eric loves to help people discover the mountain lifestyle and magic of Telluride. He brings a high level of professionalism and integrity to each transaction; allowing you to relax and enjoy the buying/selling process. He has been involved in over $400 million in real estate transactions and has guided clients through large-scale and single-family developments, condo, commercial and land purchases.