$335,000

401 Payson St Naturita, CO 81422

1.1 acres
Land

Property details

About 401 Payson St

Opportunity! The town of Naturita needs affordable housing! Proposition 123 created the State Affordable Housing Fund which the Town of Naturita is a part of. If a developer/investor builds affordable housing utilizing Proposition 123, a $50,000 credit per door will be awarded. There is also the possibility for the State of Colorado grant money for the infrastructure of water and sewer lines. There are currently water, and sewer taps at the lot for ease of future infrastructure. This expansive 1.08-acre parcel presents an exceptional opportunity for savvy investors and visionaries alike spread across 17 lots. This property offers incredible potential for high-density employee housing or the development of a charming tiny home village. With the town's commitment to fostering community growth and development, coupled with the convenience of an employee shuttle linking Naturita to the bustling hub of Telluride, the location couldn't be more advantageous. Imagine the possibilities: creating a vibrant community hub where residents can thrive amidst the stunning natural beauty of Colorado. Just a stone's throw away from Camp V and bordered by the tranquil waters of the San Miguel and Delores Rivers, this property offers not only a strategic investment but also a chance to enhance the fabric of local living. Whether you're a seasoned developer seeking your next project or an entrepreneur with a passion for affordable housing with huge incentives, 401 Payson Street beckons with its potential and promise. Don't miss out on this exceptional opportunity to shape the future of Naturita's housing landscape. Invest today and become part of a brighter tomorrow. Naturita is a Colorado town located 52 miles west of Telluride and 80 miles southeast of Moab. The area surrounding Naturita is a treasure trove of world class hiking, mountain biking, dirt biking, ATV adventures, and hunting. This historic town dates back to 1881 and currently offers an inn, café, gas station, grocery store, and a motel for visitors to enjoy.

Highlights

Home typeResidential Land
StatusActive
Lot size1.08 Acres
MLS #823023

Summary

  • List Price: $335,000
  • Annual Tax Amount: $584
  • Tax Year: 2023
  • Directions: From main Street In Naturita take W 3rd. Ave, Go two blocks, take a left and the Property is on the left. Look for the sign.
  • Lot Size: 1.08 Acres
  • MLS Number: 823023
  • Office Name: Keller Williams Realty Southwest Associates, LLC - Montrose
  • Listing Agent: Colleen Aller

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Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
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Last updated on: 5/2/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$335,000

401 Payson St

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Price information

Property sales

DateEventPrice
Dec 13, 2021
Home Sold
$229,000
Sep 16, 2005
Home Sold
$100,000

Tax history

YearAssessmentProperty Tax
2023$11,200$584
2022$8,310$676
2021$8,550$667
2020$8,180$-
2019$8,180$611

History based on county public records data.

Nearby schools

5

Nucla High School

Public District 7-12

3.8 mi

225 W 4th Ave

4

Norwood Public School

Public District PK-12

16.4 mi

1225 West Summit Street

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 $33,806. Most Naturita, CO residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

52%
<35k
43%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
11%
Single, with Kids
31%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
14%
18-34 yrs old
43%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Figure SkatingFigure Skating
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • GMCGMC
  • CadillacCadillac
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 401 Payson St

The listing price of 401 Payson St property is $335,000.

The property 401 Payson St is land located in Naturita, Colorado, 81422.

Active Listing: 401 Payson St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 401 Payson St are: Nucla High School (GreatSchools Rating 5/10), Norwood Public School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $584 (source: MLS/based on county public records data).

The last sale was on December 13, 2021 for $229,000 (source: MLS/tax record).

The property 401 Payson St is 1.08 acres.

This home is located at 401 Payson St in Naturita, CO and zip code 81422. Features: 0 bathroom. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $335,000.

From Rocket Homes Real Estate and based on county public records data.

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