Exceptional Investment Opportunity in Historic Rico, Colorado! Discover a rare development opportunity in the heart of the San Juan Mountains. This offering includes five 25' x 100' town lots, with the potential for up to six homesites—configured as five two-lot building sites and one one-lot homesite. Whether you're planning mountain cabins, vacation rentals, or custom homes, the possibilities are endless. Even better, there are no HOA fees, no covenants, and no homeowners association, providing the flexibility and freedom today's builders and investors are looking for. This property is surrounded by year-round outdoor recreation. Enjoy easy access to world-class skiing, hiking, mountain biking, fishing, hunting, and off-road trails. Approximately 30 minutes to Dolores, and about 1½ hours to Durango, this is an ideal location for those seeking a quiet mountain lifestyle with convenient access to nearby amenities and attractions with a 40-minute drive to Telluride. Whether you're an investor, developer, or visionary builder, this is a unique chance to create something special in one of Colorado's most scenic mountain communities. Don't miss this outstanding land investment opportunity!
Active
$600,000
216 S Commercial Street, Rico, CO 81332
--beds
--baths
0.29Acres
Unimproved Land
Built in ----
0.29 Acres Lot
$571,800 Zestimate®
$--/sqft
$-- HOA
What's special
- 3 days
- 22
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Amy Lewis C:970-560-7611,
Altitude Realty
Source: CREN,MLS#: 839156
Facts & features
Property
Features
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.29 Acres
- Dimensions: 100 x 255131
- Features: Wooded, Borders National Forest
- Topography: Other
Details
- Parcel number: 504736226040
- Zoning description: Residential Multi Family
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Tap Available, Tap Installed, Tap Paid
- Utilities for property: Electricity Available, Propane Required
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Rico
Financial & listing details
- Tax assessed value: $227,500
- Annual tax amount: $1,314
- Date on market: 9/17/2026
- Electric utility on property: Yes
- Road surface type: Dirt
Estimated market value
$571,800
$543,000 - $600,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $600,000 |
Source:  CREN #839156 Report a problem | ||
| 9/12/2026 | Listing removed | $600,000 |
Source: CREN #837273 Report a problem | ||
| 7/18/2026 | Listed for sale | $600,000+98.7% |
Source: CREN #837273 Report a problem | ||
| 7/28/2006 | Sold | $302,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $988 -6.2% | $14,219 -6.7% |
| 2024 | $1,053 -2.5% | $15,243 -1% |
| 2023 | $1,080 +9.4% | $15,390 +20.4% |
| 2022 | $987 +1.5% | $12,781 |
| 2021 | $973 +0.1% | $12,781 |
| 2020 | $972 +0.2% | $12,781 |
| 2019 | $971 | $12,781 -0.7% |
| 2017 | -- | $12,870 -75.2% |
| 2016 | -- | $51,838 +264.3% |
| 2015 | -- | $14,229 -92% |
| 2014 | -- | $178,750 |
| 2013 | -- | $178,750 -45% |
| 2012 | -- | $325,000 |
| 2011 | -- | $325,000 |
| 2009 | -- | $325,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 81332
Nearby schools
Schools provided by the listing agent
- Elementary: Telluride K-6
- Middle: Telluride 7-8
- High: Telluride 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $500,0004,791 sqft2 S Glasgow Ave, Rico, CO 81332Lot/Land
MLS ID #42642, Marc Silbergeld. TRIDEMLS - $425,0003 acres15050 145 Highway, Rico, CO 81332Lot/Land
MLS ID #818823, Sarah Eckles. CREN - $300,0000.43 acres333 N Piedmont St, Rico, CO 81332Lot/Land
MLS ID #44647, Stevie Hilbert. TRIDEMLS - $825,00010 acres0 Legal Tender, Rico, CO 81332Lot/Land
MLS ID #44207, Erin J Johnson. TRIDEMLS - $545,0009.85 acres81 Waggoner Rd, Placerville, CO 81430Lot/LandMLS ID #44744, Steve Cieciuch. TRIDEMLS
- $700,00032.6 acresTBD Road 40, Dolores, CO 81323Lot/LandMLS ID #837326, Thomas Smith. CREN
- $600,0007.04 acres311 Wilshire Drive, Durango, CO 81301Lot/LandMLS ID #822383, Holly Fogler. CREN
- $700,00032.6 acres40 Road, Dolores, CO 81323Lot/LandMLS ID #44737, TD Smith. TRIDEMLS
- $550,0000.25 acres40 Hermosa Park Road, Durango, CO 81301Lot/LandMLS ID #831880, Bruce Campbell. CREN
- $475,0000.36 acres395 Snowden Drive Lot # 11, Durango, CO 81301Lot/LandMLS ID #832490, Justin Osborn. CREN
- $485,0007.7 acresTract 47 - TBD Wilson Mesa Ranch Circle, Placerville, CO 81435Lot/LandMLS ID #835744, Allison Templin. CREN
- $645,0005.6 acres170 Pinnacle View Drive, Durango, CO 81301Lot/LandMLS ID #836121, Rachel Brinley. CREN
- $699,0001.4 acresTBD Snowden Drive, Durango, CO 81301Lot/LandMLS ID #835165, Jarrod Nixon. CREN
- $695,000-- sqft56 N Trout Lake Rd, Ophir, CO 81426Lot/LandMLS ID #44492, Peter Johnson. TRIDEMLS
- $459,9000.45 acres256 Snowden Drive Lot # 7, Durango, CO 81301Lot/LandMLS ID #824568, Justin Osborn. CREN
- $485,0007.7 acresTbd Wilson Mesa Ranch Cir, Placerville, CO 81430Lot/LandMLS ID #42631, Allison Templin. TRIDEMLS
- $399,0006,969 sqft34 Double Diamond Drive, Durango, CO 81301Lot/LandMLS ID #836684, Phil Wehmeyer. CREN
- $775,0000.47 acres119 Double Diamond Drive, Durango, CO 81301Lot/LandMLS ID #838222, Rachel Brinley. CREN
- $575,0007,405 sqftTbd Aurum St, Ophir, CO 81426Lot/LandMLS ID #44725, Ana Bowling. TRIDEMLS
- $339,0001.8 acres302 Beaver Circle, Durango, CO 81301Lot/LandMLS ID #835353, Kim Rodgers. CREN
