10 Panorama Drive Divide, CO, 80814
$ 1,150,000Bedrooms Baths0.0 Sq 66,000
for $1,150,000. This 66,000 square foot building was built on a lot size of 6.0100 Acre(s).
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.
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- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in Divide, CO
Average List Price $1,150,000
Percent of Sale Price 0 %
About Divide, CO
15 %Since 2002
$ 56,875 Median Income
51.66 Median Age
16 % Households with Children
|5/22/2019||$1,150,000|| -41.62 %|| Price Down|
|5/17/2019||$1,970,000|| ||Listed Price|