Rare Development Opportunity in a Prime Montrose Location! Unlock the potential of 13 acres of exceptional real estate located within an Opportunity Zone, offering an outstanding investment for developers, builders, and visionary investors. Currently zoned General Residential (R), this property presents exciting possibilities for future high-density residential development (subject to applicable approvals). An additional 5 acres is also available south of this parcel and listed. Both could be purchased together. Perfectly positioned just 1.7 miles from Townsend Avenue, you'll enjoy easy access to Montrose's main commercial corridor, shopping, dining, healthcare, and everyday amenities—making this an attractive location for future homeowners. The property already offers valuable infrastructure, including a residence, a detached three-car garage, a sewer tap, and ample irrigation water shares. A paved road extends to the northwest boundary, providing convenient access and adding to the property's development potential. Whether you're looking to maintain the acreage as an irrigated property for livestock and agricultural use or capitalize on the opportunity to create a thriving residential community, this versatile property offers the flexibility to bring your vision to life. Properties of this size, location, and potential are becoming increasingly rare—don't miss your chance to invest in the future of Montrose.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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