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Listing ID: 1305
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Property address:
Lot 12 Hasting Mesa Estates
Telluride, CO
81435
United States
Map Location

Selling Price (USD): $259,000

Living area (Sq. Ft.): 0

Number of Bedrooms: 0

Number of Bathrooms: 0

Lot Size: 9.76 acres

Year Built: 2010

What makes it Green:
Hasting Mesa Estates was established in 1972 and is one of the oldest solar powered subdivisions that I’m aware of. There are many folks that have lived off the grid in Hastings Mesa Estate for over 30 years. There is even a couple of off the grid professional wood working shops in Hasting Mesa Estates using only solar power. The sun can power all your needs as well. This parcel is 9.76 acres and is square in shape, flat in elevation and evenly wooded with several ideal sites for a structure (or three!) There is a nice mix of Aspen and mature Ponderosa trees and several excellent view corridors to capture the nearby peaks and ridges all the way to Sneffel Mountain. Only one of the four lot lines (west side) has a road along it, (this is a very quite road) From a density perspective, nearly every neighbor on any side is on an equally large 10 acre site. The asking price of $259,000.00 represents at least a $40,000.00 market adjustment. Here are a few of the comparables.

March 2007 Sale: Daly to Kammerer, Lot 14a Sale Price: $199,900.00 Total Acreage: 8.18 acres Average Price Per Acre: $24,437.00 Value of Emilson Property (9.76 acres) at this Price Per Acre: $238,505.12

December 2008 Sale - Lynsky to Elder, Lot 21 (this one is probably the most relevant since it is the most recent AND because it took place in the midst of the current market decline) Sale Price: $265,000.00 Total Acreage: 8.68 acres Average Price per Acre: $30,530.00 Value of Emilson Property (9.76 acres) at this Price Per Acre: $297,972.00

Property Currently For Sale: Lot 23 List Price: $322,920.00 Total Acreage: 9.31 acres Average Price Per Acre: $34,685.00 Value of Emilson Property (9.76 acres) at this Price Per Acre: $338,525.00

Other factors of consideration: In contrast to ALL of the properties listed above, the Emilson property borders the road on only one side (vs. two sides). It has comparable views but in contrast to Lots 21 & 23, it also offers mature vegetation, beautiful full-sized ponderosa pines and aspen trees. In contrast to Lot 23,


Garage-Carport:

Floors: 1

Energy Source: Generator, Municipal Energy, Off the Grid, Other, Photovoltaic (PV - Solar Power), Propane, Wind


John Janus   -  REALTOR®, Real Estate Broker, Buyers Agent
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Office Location
TRI
747 E Coloumbia
Telluride, CO 81435
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970-728-3205
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866-437-7260
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