329 Payne Lane

Description

$495K is the CASH Price or w/Buyer obtaining their own financing. The SELLER WILL CONSIDER OWNER CARRY FINANCING at a Price of $525K. This property is ready for a new owner to make it their own! End of the road privacy with 360 degree views, only 1/2 mile of dirt road to pavement. Great central location only 6 minutes to the La Plata County Airport and 10 minutes to Durango, Bayfield, and in town Ignacio. This is a rare opportunity that allows one to live in the current 920sf house while finishing the new construction. The current house is a 1 bedroom, 1 full bath, and the kitchen has just been updated. The home is super cute and comfortable. Everything is there for comfortable living while finishing the new construction. The 1176sf new construction is all permitted and is at a point that one can finish the current plans or change the plans to their liking, plenty of room to add on! At the moment, it has 1 bedroom, 2 full baths, office, and deck in place to take in the views. Purchase price includes all building materials on site, permits, and surveys. The pasture is fenced, already split for horses with a coral. Carports are in place for shade and there is a dog run in the back. RV parking has power and black & gray water are fed into the septic tank. LaPlata/Archuleta water IS on it's way (in process) at this time. TERMS of the Seller Carry are as follows: 30% down and interest only payments at a rate of 6% to come due after 18 months. This gives the buyer time to finish the 2nd home on the property and then refinance to pay the Seller in full.