Description
Unlock massive upside with this rare ''compound'' opportunity on .57 acres. Featuring a custom main home on a cul-de-sac with handcrafted concrete floors, a 464sf detached art studio, greenhouse and a massive 1,140sf, 4-car heated garage. The oversized garage is grandfathered; a structure of this scale would not be permitted under current town rules. Future versatility is unmatched: an anticipated zoning change (likely in 8-12 months) may allow ADUs in Silverglance. Learn how to optimize value with potential ADU options. The equity potential for a buyer willing to invest ''sweat equity'' is clear. Rico is thriving with new capital improvements, including a 4,400sf pavilion for concerts/ice skating, a 6,000sf skate park, a new community center in the former church, and major grants for a Rico Trails Alliance bridge. Work towards modern upgrades to the water and future sewer systems is also underway. Roll up your sleeves and build your dream mountain retreat.
Details
| MLS # | 44600 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2000 |
| Days On Site | 68 |
| Listing Provided By | Telluride Properties | Mike Shimkonis |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| Basement | Y |
| Acreage | 0.57 |
Exterior
| Lot Features | Cul-De-Sac |
|---|
Parking
| Parking Features | Heated Garage |
|---|
Taxes
| Tax Annual Amount | 4013.23 |
|---|
Area Information
| State | CO |
|---|---|
| County | Dolores County |
| City | Rico |
| Zip Code | 81332 |
| Area | Rico |
| Subarea | Dolores County |
| Community Name | Silverglance |
| Listing VS Median (in Silverglance) | |
Price: $900,000 low | high Med: $0 On site: 68 low | high Med: | |
Market Activity 81332
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Learn More About This Property
| State | CO |
|---|---|
| County | Dolores County |
| City | Rico |
| Zip Code | 81332 |
| Area | Rico |
| Subarea | Dolores County |
| Community Name | Silverglance |
| Listing VS Median (in Silverglance) | |
Price: $900,000 low | high Med: $0 On site: 68 low | high Med: | |
 | $900,000454 Silverglance WayRico, CO 81332 |
 | $1,070,000456 Silverglance WayRico, CO 81332 |
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