UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Subdivision Mt Elbert Plamor Ranch
MLS Listing ID 8310850
HOA Y/N No
Lot Size 1.380 Acres
Acres 1.38
Property Sub-Type Unimproved Land
Property Description
The Twin Lakes provide boating, kayaking, fishing and other summer lake fun! In the winter, you are just 45 minutes from Ski Cooper & Copper Mtn, and just a little further to 6 other amazing ski resorts. Hike, bike or nordic ski the Colorado & Continental Divide Trails, snowmobile or ATV the local trails, raft the Arkansas River - the outdoor activities are endless! You're a short drive to the fun & historic towns of Leadville & Buena Vista, and you can hop on Independence Pass in the summer to visit Aspen. This is the perfect homesite in the perfect Colorado mountain location! Make it yours!
Location
State CO
County Lake
Zoning Residential Rural
Exterior
Fence None
Utilities Available Electricity Available, Electricity To Lot Line, Propane
Waterfront Description Public
View Mountain(s)
Private Pool No
Building
Lot Description Level, Many Trees, Near Ski Area
Sewer Septic Tank
Water Public
Schools
School District Elementary: Lake County R-1, Middle/Junior: Lake County R-1, High: Lake County R-1
Others
Tax ID 290109203059
Special Listing Condition None Known
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
NEARBY SCHOOL & BUSINESS
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Down Payment
The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.
Loan Term
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Loan Type
There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.
Interest Rate
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Home Insurance
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HOA Fees
A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.
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