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Opportunity! The town of Naturita needs affordable housing! Proposition 123 created the State Affordable Housing Fund which the Town of Naturita is a part of. If a developer/investor builds affordable housing utilizing Proposition 123, a $50,000 credit per door will be awarded. There is also the possibility for the State of Colorado grant money for the infrastructure of water and sewer lines. There are currently water, and sewer taps at the lot for ease of future infrastructure. This expansive 1.08-acre parcel presents an exceptional opportunity for savvy investors and visionaries alike spread across 17 lots. This property offers incredible potential for high-density employee housing or the development of a charming tiny home village. With the town's commitment to fostering community growth and development, coupled with the convenience of an employee shuttle linking Naturita to the bustling hub of Telluride, the location couldn't be more advantageous. Imagine the possibilities: creating a vibrant community hub where residents can thrive amidst the stunning natural beauty of Colorado. Just a stone's throw away from Camp V and bordered by the tranquil waters of the San Miguel and Delores Rivers, this property offers not only a strategic investment but also a chance to enhance the fabric of local living. Whether you're a seasoned developer seeking your next project or an entrepreneur with a passion for affordable housing with huge incentives, 401 Payson Street beckons with its potential and promise. Don't miss out on this exceptional opportunity to shape the future of Naturita's housing landscape. Invest today and become part of a brighter tomorrow. Naturita is a Colorado town located 52 miles west of Telluride and 80 miles southeast of Moab. The area surrounding Naturita is a treasure trove of world class hiking, mountain biking, dirt biking, ATV adventures, and hunting. This historic town dates back to 1881 and currently offers an inn, café, gas station, grocery store, and a motel for visitors to enjoy.
| LAST UPDATED | 4/16/2025 | TRACT | Other |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | West End |
| COUNTY | Montrose | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Naturita PK-8 |
|---|---|
| Jr. High School | Naturita PK-8 |
| High School | Nucla 9-12 |
| ADDITIONAL DETAILS | |
| AREA | West End |
|---|---|
| LOT | 1.08 acre(s) |
| SUBDIVISION | Other |
| TAXES | 584.44 |
| ZONING | Residential Multi Family |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Keller Williams Realty Southwest Associates, LLC - Montrose
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
Real Estate listings held by companies other than Real contain that company’s name.
Fair Housing DisclaimerThis data was last updated: 5/13/25 9:29 PM PDT
This IDX solution is (c) Diverse Solutions 2025.
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