Land for Sale in Durango, Colorado
455 & 589 High Llama Ln, Durango, CO 81301
Justin D Osborn, The Wells Group of Durango, LLC, O:,,: Two separately deeded parcels consisting of 25 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 $3,095. 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.
Location
- Street address
- 455 & 589 High Llama Ln
- County
- La Plata County
- Zip code
- 81301
- Elevation
- 6,775 feet
Directions
From Wilson Gulch Drive, North on High Llama Lane to land on the west side of the road.
Property details
- Acreage
- 25 acres
- MLS #
- CREN 819208
- Posted
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 20, 2025 | Under contract | $2,400,000 | — | CREN |
| Apr 23, 2025 | Price drop | $2,400,000 | $1,200,000 -33.3% | CREN |
| Nov 6, 2024 | New listing | $3,600,000 | — | CREN |