UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Little River Ranch
MLS Listing ID 5533430
HOA Fees $315/ann
HOA Y/N Yes
Lot Size 0.420 Acres
Acres 0.42
Property Sub-Type Improved Land
Property Description
Designed as a true vision package, this offering goes beyond vacant land. The seller has already completed key early-stage work, including full architectural plans, a soil report, GES report, and preliminary stages of HOA approval of house materials. Tap fees have been paid, creating a meaningful head start toward building your custom residence. This property has private access to 2/3 mile of the South Fork of the Arkansas River. All underground utilities including natural gas and paved roads.
Imagine a refined Colorado retreat tailored to your lifestyle—an elegant primary home, a lock-and-leave mountain escape, or a place to gather family and friends amid extraordinary natural surroundings. Enjoy easy access to Gold Medal fly fishing on the Arkansas River, skiing and snowboarding at Monarch Mountain, hiking, biking, rafting, and the unmatched beauty of the Saguache Range.
A rare combination of location, preparation, and possibility—this is an opportunity to create a distinctive custom home in the heart of the Salida area.
Location
State CO
County Chaffee
Zoning Residential
Exterior
Fence None
Utilities Available Cable Available, Electricity To Lot Line, Natural Gas Available
Waterfront Description Public
View Mountain(s)
Private Pool No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Schools
School District Elementary: Salida R-32, Middle/Junior: Salida R-32, High: Salida R-32
Others
Tax ID R380510400001
Special Listing Condition None Known
Virtual Tour https://drive.google.com/file/d/1ZQAPKgE0QTPV1B80hmMN3rBE8uIn0Bnp/view
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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