960 Bauer, Mancos, CO

About 960 Bauer

Discover a prime investment property on the western outskirts of Mancos, just 1.5 miles from downtown. This expansive 13.3-acre parcel, strategically located on the south side of Highway 160, is divided into 48 lots, offering a wealth of development possibilities. The property boasts stunning panoramic views of Mesa Verde, the picturesque valley, and the towering La Plata Mountains, creating an idyllic backdrop for future residences. Currently zoned for single-family homes, the Town of Mancos has expressed a willingness to collaborate with developers, potentially allowing for rezoning to accommodate various project concepts. There are numerous avenues for development. Lot sales could average $85,000 each, yielding a potential return of around $4 million. Alternatively, developers could consider building single-family homes of approximately 1,300 square feet, which could average $425,000 each and result in a potential return of about $20 million. There is also the possibility for multi-housing options on select lots. In terms of infrastructure, sewer lines will require sump pump installation, and water lines need to be established. Additionally, road construction will be necessary, along with fencing along the western property line. This offering is for the entire 48-lot parcel, presenting a unique opportunity for visionary developers to shape the future of Mancos' residential landscape.

Listing by Colorado Ranch and Home Realty

Listing Map