535 Red Canyon Trail Durango CO Real Estate
This sunny, south facing and gently sloping lot is .504 acres and located in the popular Timbers At Edgemont Highlands subdivision (phase 3B). This lot is the last premiere lot available in the Timbers, having nearly built out all lots in Phases 3A - 3B - and 3C of this development. Facing south, the lot has no houses directly across the street, backs up to an open space, is only sparsely populated with Ponderosa Pines, and has views of the surrounding valley and mountains. The sun rises early and sets late. It has everything you love about Edgemont Highlands living, with views, privacy, access to over 10 miles of walking trails, 200+ acres of dedicated open space, a Community Lodge for neighborhood/private events, 1 1/2 miles of of private fishing rights on the Florida River, and is only minutes from downtown Durango. Unlike developer owned lots in Edgemont Highlands, there are no one time deposits of $500 to the HOA or $2,350 to the Metro District (current owner paid these). The sellers also have two additional completed reports - soil testing and a topographic map. Both are necessary for new construction and included in the selling price. The Edgemont Highlands Community Association fees are billed quarterly at $135 ($540 annually). Edgemeont Ranch Metro District provides water and sewer for the subdivision, billed monthly at $159/month (verify usage with ERMD) and fees include snow removal for all main roads in Edgemont Highlands. There are no tap fees. While you own/hold a vacant lot, ERMD charges an annual stand-by fee of $1,320 rather than the monthly usage fee. Compare the value of this lot with any other in Edgemont Highlands and you'll agree it is the one for you.