Unlock massive upside with this rare ''compound'' opportunity on .57 acres. Featuring a custom main home on a cul-de-sac with handcrafted concrete floors, a 464sf detached art studio, greenhouse and a massive 1,140sf, 4-car heated garage. The oversized garage is grandfathered; a structure of this scale would not be permitted under current town rules. Future versatility is unmatched: an anticipated zoning change (likely in 8-12 months) may allow ADUs in Silverglance. Learn how to optimize value with potential ADU options. The equity potential for a buyer willing to invest ''sweat equity'' is clear. Rico is thriving with new capital improvements, including a 4,400sf pavilion for concerts/ice skating, a 6,000sf skate park, a new community center in the former church, and major grants for a Rico Trails Alliance bridge. Work towards modern upgrades to the water and future sewer systems is also underway. Roll up your sleeves and build your dream mountain retreat.
Listed By
Agency Name: Telluride Properties LLC
Agency Phone: 970-728-4226
Shown By
Agent Name: Brandi Vigil
Agent Phone: Cell: (970) 261-4753
Agency Title: Key Realty
Estimated Payment
$ 5,297.18 per month $5,034.34 Principal & Interest $0.33 Property Tax $262.50 Homeowner's Insurance
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454 Silverglance Way | MLS# 836774
This single family home located at 454 Silverglance Way, Rico, CO 81332 is currently listed for sale with an asking price of $900,000. This property was built in 2000 and has 2 bedrooms with 2071 sq. ft. Silverglance Way is located in the Rico- Silver Glance subdivision. Search Rico- Silver Glance real estate on brandivigil.ikeyrealty.com today.