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.
| MLS # | 836774 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2000 |
| Days On Site | 49 |
| Listing Provided By | Telluride Properties LLC | Mike Shimkonis |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,071 |
| Garage | 4 |
| Basement | Y |
| Acreage | 0.57 |
| Property View | Yes |
| Heating Yes / No | Yes |
|---|---|
| Heating | Radiant Floor |
| Furnished | Unfurnished |
| Roof | Metal |
|---|---|
| Construction Materials | Wood Siding, Stick Built |
| Lot Features | Cul De Sac |
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Detached, Garage |
| List Aor | Telluride Association Of Realtors |
|---|
| State | CO |
|---|---|
| County | Dolores |
| City | Rico |
| Zip Code | 81332 |
| Area | Rico |
| Community Name | Rico Silver Glance |
| School District | Open Enrollment |
| Elementary School | Open Enrollment |
| High School | Open Enrollment |
| Listing VS Median (in Rico Silver Glance) | |
Price: $900,000 low | high Med: $900,000 sqft: 2,071 low | high Med: 2,071 $ / sqft: $435 low | high Med: $435 On site: 49 low | high Med: 49 | |
| State | CO |
|---|---|
| County | Dolores |
| City | Rico |
| Zip Code | 81332 |
| Area | Rico |
| Community Name | Rico Silver Glance |
| School District | Open Enrollment |
| Elementary School | Open Enrollment |
| High School | Open Enrollment |
| Listing VS Median (in Rico Silver Glance) | |
Price: $900,000 low | high Med: $900,000 sqft: 2,071 low | high Med: 2,071 $ / sqft: $435 low | high Med: $435 On site: 49 low | high Med: 49 | |