• -- Beds
  • 9 Baths
  • 6,200 sq ft
  • 46,173 lot
  • $1,487,000
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The Forks Retreat is a RARE income-generating opportunity with full COMMERCIAL zoning - the VRBO income potential is over $180K/yr (See Income Projections in MLS Documents). Commercial zoning protects the VRBO income from being taken away in the future, as is the trend all across the country. The homes can comfortably accommodate 22 people, and up to 58 as follows: The 2500sf Main House has 2 bedrooms + 2 bathrooms on the entry-level, a HUGE upstairs bonus room with its own bath, plus an attached 900sf 2-car heated garage. The 1200sf Guest House has an upstairs loft with 4 queen beds, plus a large kitchen, bathroom, and laundry on the ground level. The 1500sf Lodge has five (5) one-bedroom units - each unit has a bedroom (furnished w/ a queen bed) plus a living room (furnished w/ a queen pull-out sofa), a kitchenette and a private bathroom. The Lodge also has a shared laundry room. Also, there are 5 RV hookups accommodating another 5 families. Located between Dolores and Rico (halfway between Telluride and Durango) this property is permitted for a wide variety of commercial uses - a motel/lodge, a retreat center, a rehab center, corporate offices, personal services, a residential private school, a health center, a mountain biking club, a Telluride ski lodge, employee housing, etc. Please look in MLS Documents for a full list of permitted commercial uses allowed per Montezuma Land Use Code. AND, the adjacent US Forest Service land can accommodate a huge number of guests who may camp free for up to two-weeks each visit. This next-door camping affords tremendous flexibility for hosting large-scale events such as music or religious gatherings, hunting or fishing workshops, yoga or meditation retreats, hiking or mountain biking camps, etc. PLUS - This could be your perfect COVID escape! Bring your entire tribe of family and friends to this beautiful secluded property where you can ENJOY sheltering-in-place ... surviving and thriving in this newly constructed luxury Lodging Retreat. Grow food in your own gardens, catch fish and hunt elk for dinner, and throw parties on the Central Lawn. With 7 individual living quarters, each person/couple/family can have their privacy while you join forces for support, defensibility and camaraderie. Live right next to the river in the cool summer mountains - go hiking, biking, fishing and hunting without having to get in your car. The land is lush-green and flat while being surrounded by tree-covered mountains - the buildings are positioned to form a large Central Lawn with a fire-pit and a covered pagoda for group gatherings and outdoor activities. There is an 8’ high privacy fence enclosing the entire property - your kids will be safe, your dogs can run off-leash, and intruders cannot see in. These brand new luxury homes were constructed with sturdy detailing for investment appreciation and low maintenance cost. High-end finishes include black granite countertops, radiant-heat stained concrete floors, and large outdoor decks with rough-sawn post and beam covered porches. All window coverings are included, and the WELL WATER tests crystal clean. Green building features include super-insulated buildings for low heating costs, while zero-maintenance high-end exterior materials, two electric vehicle charging stations located inside the heated garage plus another exterior charging station, and 8000sf of reclaimed blue-pine T&G ceilings. See MLS Docs for a full list of Green Building features. BEST OF ALL - the property is right next to the junction of the Dolores and West Dolores Rivers! The adjacent US Forest Service land affords direct in-perpetuity access to (and fishing rights on) the West Dolores River, as well as access to the Dolores River where fishing rights are deeded through the subdivision’s CCR’s. Relax with a book or enjoy all the fishing you want in these clear, cool river waters. A 1-year Builder’s Warranty is included, and Seller Financing is available
MLS #768527Days on Market119
Last Updated4/19/2020Year Built2020
TractThe ForksCommunityMontezuma County Rural NE
Property Type(s)Commercial

Additional Features & Details

1/2 Baths
  • 0
1/4 Baths
  • 0
3/4 Baths
  • 0
  • Montezuma County Rural NE
Books Available
  • No
  • No
Carport Y/N
  • No
Construction Completed?
  • No
Covenants Y/N
  • YES
Exchange Y/N
  • No
  • Electric
  • Internet
  • Phone
  • Propane-Tank Owned
  • Septic
  • Water
  • Split Rail
Fixtures Included
  • Yes
  • Stained/Stamped Concrete
  • Concrete
  • Slab
  • Stemwall
Full Baths
  • 9
  • Partially Furnished
Internet Provider
  • Hughes Net
Internet Service Y/N
  • Yes
Inventory Included
  • No
Lease Included
  • No
Loading Dock
  • No
New Construction Y/N
  • Yes
  • 10-20 Total Spaces
  • Fenced
  • Garage
  • Gravel
  • Off Street
Property Attached Y/N
  • Yes
Railroad Siding
  • No
Real Estate for Sale
  • Yes
  • Metal
  • For Sale
Sign on Property Y/N
  • No
Special Assessment Y/N
  • No
  • Active
  • 1031 Exchange
  • Cash
  • Conventional
  • Owner Carry
Total Offices
  • 0
  • Multi-Use
Type of Sale
  • Asset
Water Front
  • Yes
Water Rights/Irrig.
  • No
Water Well
  • Yes
  • River/Stream
  • Business
  • Commercial
  • Mixed Use
  • Office
Listed with R1 Colorado

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Walk Score for: TBD Road 38 , Dolores, CO

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