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17.09 Acres Lot
$ 2,900,000
Est. payment | /mo
17.09 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 815685
Tax Year 2024
Lot Size 17.090 Acres
Acres 17.09
Property Sub-Type Commercial
Property Description
The Premier Commercial / Multi-Family development property in South Fork! Over 700 feet of the South Fork of the Rio Grande River, and both sides of the river. Nearly 1,200 feet of Highway 160 frontage. More than 17 acres of river front property. Centrally located in the heart of South Fork. The property is adjacent to the railroad easement which runs through the Town. The development potential for a first class Riverwalk, Commercial and Professional Village, Multi-Family Housing, Geothermal Energy and Hot Springs, is substantial and exciting on this property. The South Fork River offers unique potential for added features and enhancements that work in conjunction with the development of this property. Direct access to Highway 160, which currently averages nearly 6,000 vehicles daily, provides a direct artery to the tourists visiting the Southern Colorado mountains. South Fork Water & Sanitation District has sewer capacity for this development. The Town of South Fork is currently expanding its water availability to provide water to additional portions of the Town. San Luis Valley Rural Electric Cooperative provides reliable electric power as well as Ciello high speed fiber optic internet. The Village at Wolf Creek, the future destination resort project, adjacent to and within the Wolf Creek Ski Area, has obtained its legally mandated access to its property. The potential for tourism growth in the Wolf Creek region, including South Fork and Rio Grande County, has never been been stronger. The views from the property are spectacular, encompassing both banks along the South Fork of the Rio Grande River. Mountain views surround the river property. Unfortunately, there are not other similar development properties in the South Fork region that have the potential and amenities as this 17 acre riverfront property. The western third of Rio Grande County is nearly 90% public lands. This does not provide large swaths of private land for development in the South Fork region. The future of South Fork will be to grow and fill in the remaining vacant land, providing new and additional commercial and professional services, for both the local residents and the visiting tourist base. The benefit of having the majority of the land located in western Rio Grande County being public lands, primarily Rio Grande National Forest lands, is that South Fork will grow up, but never overgrow. Urban sprawl will not overtake South Fork. This equates to a limited supply and increased demand of real estate in the region. South Fork, Colorado, The Mountains are Calling!
Location
State CO
County Rio Grande
Zoning Commercial
Rooms
Dining Room No
Exterior
Utilities Available Electricity Near, Phone - Cell Reception, Propane Required
Waterfront Description River/Stream
View Mountains, Stream/River, Valley
Schools
Elementary Schools Del Norte K-5
Middle Schools Del Norte 6-8
High Schools Del Norte 9-12
Listed by Elk Country Realty
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