UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Cattle Creek Ranch
MLS Listing ID 6355682
HOA Y/N No
Lot Size 2.500 Acres
Acres 2.5
Property Sub-Type Improved Land
Property Description
Wide open skies, paved entry, and thoughtfully planned lots set the tone as you arrive. With utility easements in place, owners can build with confidence knowing the neighborhood is protected for the long term. Whether your vision includes a custom home with room for animals, or simply a quiet retreat with postcard views, Cattle Creek Ranch delivers the right balance of rural freedom and community standards.
Location
State CO
County Chaffee
Zoning Agriculture/Ranching (AR)
Exterior
Utilities Available Electricity Available, Propane
Waterfront Description Well
View Meadow, Mountain(s), Valley
Private Pool No
Building
Lot Description Cul-De-Sac, Level, Meadow, Near Ski Area
Sewer Septic Tank
Water Well
Schools
School District Elementary: Salida R-32, Middle/Junior: Salida R-32, High: Salida R-32
Others
HOA Fee Include Road Maintenance
Tax ID R368334400012
Special Listing Condition None Known
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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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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