6 Shaymar's Way, Crestone, CO, 81131

Development Opportunity! Baca Meadows Townhomes 12 lots - $95,000 (Lots 6-7, 13-22 with .123 acre open space) Lots have been approved for 13 2 bedroom/2bath plans and 7 2-story 3 bedroom/2 bath plans. Floor plans are available. The lots can be sold individually or in groups: Lot 6 $10,000; Lot 7 $10,000. These two lots border the open space w/creek. Lots 13, 14, 15, 16, 17, 18, 19, 20 $8,000 each. Lot 21 $9,000 and Lot 22 $10,000 - Lot 22 borders Wildlife Refuge open space totaling. This development is the second phase of an existing Townhome Community of 18 Townhomes in Phase 1. One home has been built and five lots sold. Much infrastructure is in place. Community water and sewer are available. Tap fees are paid on lot 7 and a slab is in place. At the time of development of each lot tap fees for water and sewer will need to be paid. Currently they are $7500 per lot. When each lot is developed the association fee of $280/month will start. Underground electric with transformers has been run. Meters and pedestals are needed. The community is surrounded by Wild Life Refuge, Colorado College open land and nearby South Crestone Creek which makes these lots very appealing with privacy and plenty of beautiful walking trails. In addition, the Desert Sage Restaurant is part of the townhome community. A short walk or a few minute drive will get you to the quaint and charming town of Crestone where you will find conveniences such as restaurants, two grocery stores, a hardware store, a credit union, post office, a park and more. Great opportunity to develop single family townhomes. HOA dues include onsite property manager. Annual taxes are $480 per lot in addition there is $150 annual fee for water and sewer availability which will be converted over to a monthly bill once building is complete. Great for full time living or part time with rental opportunities available. Great development opportunity.