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Durango Colorado
Auction type:Absolute Auction - Selling Regardless of Price Description
For a Virtual Tour of the property please click here
Place yourself under a spell in a Southwest Colorado town called Durango, where beauty amazes and transfixes. Anything is possible in this dreamlike land and this 35-acre parcel in Rincon Ridge waits to bear witness. Enjoy Durango’s western congeniality with just a hint of rebellious frontier spirit where the days of old come to life. A Southwest town that marches to its own rhythm! As does the narrow gauge railway train, chugging along on an actual steam powered train that takes you from Durango to Silverton and back daily. Durango is an outdoor sportsman’s paradise--skiing, snowmobiling, mountain biking, hiking, rock climbing, boating, kayaking, hunting and fishing.
Only 8/10s of a mile from paved County Road 228 this South facing property is easily accessible year around, and at the same time secluded, with tall majestic ponderosa pines providing a heavily wooded impression throughout all 35 acres. This square shaped parcel basically encompasses the entire south side of the mountain. Rincon Ridge subdivision offers abundant wild life, a plentitude of deer and elk, and spectacular views of the valley below. This property invites hunting, hiking, skiing and snowmobiling. Yet this is Colorado, and enjoyment of other activities such as kayaking, boating, lakes and rivers are all only minutes away. A sloping topography and a driveway that goes all the way to the top of the mountain at the back end of the 35 acres providing immediate access to a wild flower covered, open meadow, large enough to build your dream home on. Underground power and phone are on the property. Adequate water is available for a well (neighbor gets 15 gallons per minute). Access roads are paved or gravel and maintained for year round access. HOA dues are approximately $400 per year and permit liberal building requirements - outbuildings, guesthouse and livestock okay. Property is 8 miles from Durango and only minutes away from a new state of the art hospital, airport, casino and schools.
AUCTION TERMS & CONDITIONSBidders Registration: All prospective buyers must register to bid. A $10,000.00 cashier’s check or certified check payable to AJ Karas Auctioneers, LLC will be required to bid at the auction. A 10% buyer’s premium will be added to final bid and included in total contract price, a 10% non-refundable down payment will be due immediately after being declared the buyer. This amount will be applied to the purchase price and will be deposited in the brokers escrow account. The $10,000.00 cashier’s check will be immediately returned in the event the bidder is unsuccessful. Online & Phone Bidding: Online & phone bidding registration must be completed 48 hours prior to the auction. All terms will apply as if your were participating at the auction in person. An additional 2.5% technology fee will be added to your final purchase price if you are the highest bidder. Closing: The balance is due in cash or new loan at closing within 30 days. A General Warranty Deed will be supplied by the seller at the sellers expense giving marketable title subject to restrictions of record. Taxes & Home Owners Association fees are pro-rated. Title insurance will be at the buyer’s expense. Property Information Package: A Package of information has been assembled for this property and includes: a preliminary title report, area information and a seller’s property disclosure. Property Inspection: Preview of the property is essential. Property will be sold “as is, where is,” Property will be sold subject to easements, restrictions, zoning and other matters of record. Conduct of Auction: Conduct of auction and bidding increments are at the discretion of AJ Karas Auctioneers, LLC. AJ Karas Auctioneers, LLC reserves the right to deny any person admittance to the auction. Broker Participation Invited: Brokers must register their buyer 48 hours in advance subject to established AJ Karas Auctioneers, LLC guidelines. Contact our office for more information 877-612-8494.
Denver, CO
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