Fixer Upper
Address
10 Panorama Drive Divide, CO
Price
$ 1,050,000
Property Attributes
  • MLS#1006040
  • TypeCommercial
  • CountyTELLER
  • CityDivide
  • NeighborhoodMeadow Park
  • Zip80814
  • StyleLand
  • Taxes217
  • Price$ 1,050,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage66000
  • Lot Size6.01 Acres
Listing Provided Courtesy Of:
Meadow Park Realty
Data Source:
Pikes Peak MLS
Property Description

Site Design Flexibility – Options; possibly the 7 cottages site area on the PUD could be used for motorhome RV parking and hookups, if this was desirable option for Chairs Bible College Conferences and tourists. This would need to be confirmed with Teller County Planner and Land Use Regulations. Utilities: Electrical – IREA primary is on south side of US Highway 24 service can be bored under Highway to hotel site, estimated cost TBD. Phone – on south side of US Highway 24 can be bored under Highway to hotel site, estimated cost TBD. Fiber Optics – on north side of US Highway 24, estimated cost TBD. Sanitary Sewer Service – will have to be extended 700 feet to hotel site, estimated cost TBD. Natural Gas – Gas main is on the south side of US Hwy 24 can be bored under Highway to hotel, site estimated cost TBD. Water Service – will have to be extended 3300 feet to hotel site, estimated cost TBD. Nearby lots to be platted (7.56 ac.) across Panorama Dr. are available, allowing 32 building sites (0.17 ac. per Resort Cottage). These smaller homes could very easily play off of the Hotel Resort Site Marketing and Income Proforma as rental housing for weekly, monthly, and annually with Hotel Resort shared common facilities, and amenities i.e. work out room, coffee bar area, etc.… Rental Options: Charis Bible College students with a family in town for the school term only, summer residents, vacation rental, family reunions, extended stay housing for seniors and others.

Price History
5/17/2019 Listed $1,970,000
5/21/2019 42% - $1,150,000
8/7/2019 15% - $980,000
11/21/2019 30% - $695,000

General Features

Property Type Commercial
Status Active
Sub Area Meadow Park
Sub Type Land
Tax Amount 217.62

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80814

Price
AVG $580K
$1.05M
Taxes
AVG $1,037
$217
Visits
AVG 76
102

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