12 days on rocket

589 High Llama Ln, Durango, CO, 81301

$2,250,000

14.70 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Land
ViewMountain(s), Valley
MLS #819207
Lot Size14.70 Acres
StatusActive

About 589 High Llama Ln

14.7 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. Adjoining 10.27 acres to the south can be purchased with this property at a package price of $3.6M. No value give to the improvements. Annual taxes are only $1,001.56.

Property Details

Property Features

Listing Office:

  • Office Name: The Wells Group of Durango, LLC
  • Listing Agent: Justin Osborn

Exterior Features

Exterior Information:

  • View: Mountain(s), Valley

Lot Features

Lot Information:

  • Lot Size: 14.70 Acres

Other

Directions Information:

  • Directions: From Wilson Gulch Drive, North on High Llama Lane to property on the west side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000

Tax Information:

  • Annual Amount: $603
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Durango, CO.

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Durango, CO

City

Med. List Price

$1.0M

Med. Price/SqFt

$469

Avg. Days On Market

111

589 High Llama Ln vs Durango

12 DAYS ON ROCKET

-99 Days

$2,250,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median List Price in Durango, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #819207

Listing Office:

  • Office Name: The Wells Group of Durango, LLC
  • Listing Agent: Justin Osborn

IDX SOURCE: 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 (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing 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. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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Fair Housing Disclaimer
Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 19, 2003Home Sold
$163,300
Dec 13, 2000Home Sold
$152,000

Tax History

YEARPROP. TAXASSESSMENT
2020$603$21,980
2019$578$21,980
2018$502$20,100
2017$493$20,120

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-497111
5
/10

  • Florida Mesa Elementary School

  • 216 Highway 172

  • 2.29 miles

  • Public District Grades PK-5

school-card-donut-497112
8
/10

  • Park Elementary School

  • 510 E 6th Ave

  • 3.03 miles

  • Public District Grades PK-5

school-card-donut-497113
5
/10

  • Riverview Elementary School

  • 2900 Mesa Ave

  • 4.29 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,590. The most common annual income of people living in Durango, CO is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 589 High Llama Ln

What is the listing price of this property?

The listing price of 589 High Llama Ln property is $2,250,000.

What type of property is this?

The property 589 High Llama Ln is land located in Durango, Colorado, 81301.

Is this property for sale now?

Active Listing: 589 High Llama Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $603 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 19, 2003 for $163,300. (source: MLS/tax record).

How much acreage is this property?

The property 589 High Llama Ln is 14.70 acres.
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Rocket Homes›Colorado›La Plata County›Durango›81301›589 High Llama Ln

This home is located at 589 High Llama Ln in Durango, CO and zip code 81301. This home sits on a 14.70 acre lot. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $2,250,000.

In October 2024 in Durango, CO there were 28.3% more homes for sale than in September 2024. Listings spent 111 days on the market in October 2024, and had a median list price of $1,075,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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