$2,900,000
 $15,568 est/mo Sourced by Back At You

30081 W Hwy 160 , South Fork, CO 81154

South Fork, CO 81154

Share with a friend

Description

The Premier Commercial / Multi-Family development property in South Fork! Over 700 feet of the South Fork of the Rio Grande River, and both sides of the river. Nearly 1,200 feet of Highway 160 frontage. More than 17 acres of river front property. Centrally located in the heart of South Fork. The property is adjacent to the railroad easement which runs through the Town. The development potential for a first class Riverwalk, Commercial and Professional Village, Multi-Family Housing, Geothermal Energy and Hot Springs, is substantial and exciting on this property. The South Fork River offers unique potential for added features and enhancements that work in conjunction with the development of this property. Direct access to Highway 160, which currently averages nearly 6,000 vehicles daily, provides a direct artery to the tourists visiting the Southern Colorado mountains. South Fork Water & Sanitation District has sewer capacity for this development. The Town of South Fork is currently expanding its water availability to provide water to additional portions of the Town. San Luis Valley Rural Electric Cooperative provides reliable electric power as well as Ciello high speed fiber optic internet. The Village at Wolf Creek, the future destination resort project, adjacent to and within the Wolf Creek Ski Area, has obtained its legally mandated access to its property. The potential for tourism growth in the Wolf Creek region, including South Fork and Rio Grande County, has never been been stronger. The views from the property are spectacular, encompassing both banks along the South Fork of the Rio Grande River. Mountain views surround the river property. Unfortunately, there are not other similar development properties in the South Fork region that have the potential and amenities as this 17 acre riverfront property. The western third of Rio Grande County is nearly 90% public lands. This does not provide large swaths of private land for development in the South Fork region. The future of South Fork will be to grow and fill in the remaining vacant land, providing new and additional commercial and professional services, for both the local residents and the visiting tourist base. The benefit of having the majority of the land located in western Rio Grande County being public lands, primarily Rio Grande National Forest lands, is that South Fork will grow up, but never overgrow. Urban sprawl will not overtake South Fork. This equates to a limited supply and increased demand of real estate in the region. South Fork, Colorado, The Mountains are Calling!

Details

MLS#815685
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site18
Listing Provided ByElk Country Realty | Dusty Hicks

Features

ZoningCommercial
Acreage17.09
Golf CourseYes
Water FrontYes
Property ViewYes

Market Activity 81154

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.

FULL CREN Disclaimer

Real Estate listings held by companies other than CREN contain that company’s name.

Fair Housing Disclaimer

Request a showing

Request a showing

Loading Form
Listings Checked: 1 minute ago
StateCO
CountyRio Grande
CitySouth Fork
Zip Code81154
AreaSouth Fork
Community NameOther
School DistrictDel Norte 9-12
Elementary SchoolDel Norte K-5
Middle SchoolDel Norte 6-8
High SchoolDel Norte 9-12
Listing VS Median (in Other)
Price:
$2,900,000
low | high
Med:
$599,234
100% of Average
On Site:
18
low | high
Med:
188
9.574468085106% of Average
Sourced by Back At You
Listing Updated: July 25, 2024 at 1:46:44 AM PDT
Real Estate Links Our Domains