195 Silverview Ln Durango, CO 81303
Property details
About 195 Silverview Ln
Exceptional Multi-Unit Investment Property in Fast-Growing Grandview – Nearly 2 Acres with Mountain Views Discover a rare investment opportunity in the rapidly expanding Grandview area of Durango, Colorado. Situated on nearly 2 acres just minutes from Mercy Hospital and the popular Three Springs subdivision, this fiveplex property offers both immediate rental income and long-term growth potential in one of La Plata County’s most active development corridors. Enjoy exceptional mountain views from this elevated property, adding to its appeal for both residents and investors. The five units, two of which have been recently remodeled, are divided between two buildings—two units in one structure and three in the other. Unit breakdown includes one 2-bedroom, 1-bathroom unit and four 1-bedroom, 1-bathroom units, catering perfectly to the area’s demand for quality, smaller-footprint housing. Utilities include a private water well, South Durango Sanitation sewer service, propane for heating, and electricity through LPEA. With new housing and commercial development springing up all around, this property is ideally positioned for the ever-increasing rental demand. Don’t miss this outstanding investment opportunity in one of Durango’s most strategic growth areas with breathtaking views.
Highlights
Summary
- Full Bathrooms: 5
- List Price: $1,375,000
- Annual Tax Amount: $1,944
- Tax Year: 2023
- Directions: From Durango head E on Hwy 160 towards Elmore's Corner. Approximately .25 miles turn right on Silverview Lane. Complex is at the end of the road on the left.
- Lot Size: 1.8 Acres
- MLS Number: 823550
- Office Name: EXIT Realty Home & Ranch
- Listing Agent: Makala Jewell
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Last updated on: 5/22/2025, 11:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,375,000
195 Silverview Ln
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 24, 2021 | Home Sold | $700,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $43,710 | $1,944 |
2022 | $32,600 | $1,487 |
2021 | $34,270 | $1,526 |
2020 | $33,550 | $1,454 |
2019 | $33,550 | $1,400 |
2018 | $31,070 | $1,301 |
2017 | $31,070 | $1,277 |
History based on county public records data.
Nearby schools
5
Florida Mesa Elementary School
Public District PK-5
1.1 mi
•216 Highway 172
8
Park Elementary School
Public District PK-5
4.5 mi
•510 E 6th Ave
5
Riverview Elementary School
Public District PK-5
5.6 mi
•2900 Mesa Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $62,590. The most common annual income of people living in Durango, CO is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 195 Silverview Ln in Durango, CO and zip code 81303. Features: 5 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $1,375,000.
In April 2025 in Durango, CO there were 47.5% more homes for sale than in March. Listings spent 106 days on the market in April 2025, and had a median list price of $995,000 during the same period.