1 Acre of Residential Land for Sale in Durango, Colorado

Dru English, Keller Williams Realty Southwest Associates, LLC, C: 970-259-1139, drumoose@gmail.com, www.propertydurango.com: Incredible developer/builder opportunity to invest and build the 8 remaining High End Luxury units of The Terraces that have conceptual approval by Twin Buttes DRC. The first 3 units SOLD for a total price of $3.12M back in '19-'20. With an established HOA in place, Dean Brookie architectural designs, soils tests from previous build site, JLYN Interior Designer for previous units, DHM Landscape Architect and Scapegoat Landscaping on board; this is a great opportunity for the next developer. The West Penthouse unit resold recently at 1.45M in 2023.The 3 previous units in the complex consisted of 2 Penthouse units and 1 Interior unit. The Penthouse units are over 3100 sqft with Elevator, over 900 sqft tandem garage, 3 bedroom and 3 and a half bath with every bedroom containing an individual bathroom, and a limited common backyard. The interior unit has over 2700 sqft with Elevator, over 800 sqft tandem garage, 3 bedroom and 3 and a half bath with every bedroom containing an individual bathroom, and a limited common backyard. All units have incredible covered outdoor space. There is opportunity to adjust interior floor plans if so desired and maintain the Colorado-California blend of Mountain Contemporary exterior look of The Terraces. Give us a call today to discuss!