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    • $600,000

    216 S Commercial Street, Rico, CO 81332

    --beds
    --baths
    0.29Acres
    Unimproved Land
    Built in ----
    0.29 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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!
    18 days
    |
    91
    |
    1
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Lewis C:970-759-8027,

    Stacked Real Estate Professionals

    Source: CREN,MLS#: 837273MLS Logo

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.29 Acres
      • Dimensions: 100 x 255131
      • Features: Borders National Forest, Wooded
      • 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: 7/18/2026
      • Electric utility on property: Yes
      • Road surface type: Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,183/mo

        Price history

        DateEventPrice
        7/18/2026Listed for sale$600,000+98.7%
        Source: CREN #837273 Report a problem
        7/28/2006Sold$302,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 81332

        Getting around

        35 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

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