Exceptional multi-family development opportunity in the heart of Cortez. This large, flat corner lot has been recently rezoned for multi-family use, creating immediate potential for apartments, townhomes, or income-producing residential units. Buyers are encouraged to consult with the City of Cortez regarding specific development possibilities, including tiny homes, cottages, RV placement, or manufactured housing, subject to city approval. Significant due diligence has already been completed, including a land surface survey, environmental review, and geotechnical report. Ideally positioned with convenient access to schools, shopping, parks, and downtown amenities, this property offers both strong location fundamentals and development readiness. Opportunities with zoning in place and studies completed are increasingly rare — making this an attractive option for investors and builders ready to break ground.
Active
$100,000
TBD N Chestnut Street, Cortez, CO 81321
--beds
--baths
0.59Acres
Unimproved Land
Built in ----
0.59 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Large flat corner lot
- 228 days
- 18
- 1
Zillow last checked:
Listing updated:
Listed by:
Katri Annast 970-903-3902,
RE/MAX Pinnacle
Source: CREN,MLS#: 831871
Facts & features
Property
Lot
- Size: 0.59 Acres
- Features: Cleared, Corner Lot
- Topography: Level
Details
- Parcel number: 561126205004
- Zoning description: Residential Multi Family
Utilities & green energy
- Sewer: Sewer Tap Available
- Water: Public, Tap Available
- Utilities for property: Electricity Available, Natural Gas Available, Phone - Cell Reception
Community & HOA
Community
- Subdivision: CRSP
HOA
- Has HOA: No
Location
- Region: Cortez
Financial & listing details
- Annual tax amount: $407
- Date on market: 2/24/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Listed for sale | $100,000+33.3% |
Source: | ||
| 5/12/2024 | Listing removed | $75,000 |
Source: | ||
| 5/9/2024 | Listed for sale | $75,000+66.7% |
Source: | ||
| 3/20/2023 | Listing removed | -- |
Source: | ||
| 2/27/2023 | Pending sale | $45,000 |
Source: | ||
| 9/3/2020 | Listed for sale | $45,000 |
Source: RE/MAX Mesa Verde Realty #774174 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 81321
Nearby schools
Schools provided by the listing agent
- Elementary: Kemper K-5
- Middle: Cortez 6-8
- High: Montezuma-Cortez 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








