10 Panorama Drive, Divide, CO

$1,050,000

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66,000

Square feet

6.01

Acres

About 10 Panorama Drive

Lot to be Platted - Site Design Flexibility – Options; possibly the 7 cottages site area on the PUD could be used for motorhome RV parking and hookups, if this was desirable option for Chairs Bible College Conferences and tourists. This would need to be confirmed with Teller County Planner and Land Use Regulations. Utilities: Electrical – IREA primary is on south side of US Highway 24 service can be bored under Highway to hotel site, estimated cost TBD. Phone – on south side of US Highway 24 can be bored under Highway to hotel site, estimated cost TBD. Fiber Optics – on north side of US Highway 24, estimated cost TBD. Sanitary Sewer Service – will have to be extended 700 feet to hotel site, estimated cost TBD. Natural Gas – Gas main is on the south side of US Hwy 24 can be bored under Highway to hotel, site estimated cost TBD. Water Service – will have to be extended 3300 feet to hotel site, estimated cost TBD. Nearby lots to be platted (7.56 ac.) across Panorama Dr. are available, allowing 32 building sites (0.17 ac. per Resort Cottage). These smaller homes could very easily play off of the Hotel Resort Site Marketing and Income Proforma as rental housing for weekly, monthly, and annually with Hotel Resort shared common facilities, and amenities i.e. work out room, coffee bar area, etc.… Rental Options: Charis Bible College students with a family in town for the school term only, summer residents, vacation rental, family reunions, extended stay housing for seniors and others.

Features of 10 Panorama Drive

MLS® # 1006040
Price $1,050,000
Square Footage 66,000
Acres 6.01
Type Commercial
Sub-Type Land
Status Active

Community Information

Address 10 Panorama Drive
Subdivision Meadow Park
City Divide
County Teller
State CO
Zip Code 80814

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office00003241-Meadow Park Realty

Listing Map

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