Tbd Cr 51 & # 51A, Silverton, CO 81433

Lot/Land
$395,000
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My Notes
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Ground Floor Opportunity. Excellent investment properties located in Minnehaha Basin, just East of Gladstone. You can watch the skiers on Colorado's newest extreme ski mountain from this property. You don't get many opportunities to get in on the ground floor; don't be one of those who said, "I wish I would have bought..." This could be the next Telluride! Wonderful property for cabin sites and recreational use. Claim Name US Mineral Survey # Minnehaha 14425 10.331 acres Minnehaha #2 14425 9.13 acres Rouena 16393 9.501 acres Roena #1 16393 10.331 acres Los Mountain 17035 1.192 acres Silver Gulch 17035 4.898 acres Would look at exchanging for income property. The county road runs through these parcels. Some are tree covered, some are open meadows. They are contiguous to each other. Views beyond belief. See the backside of Red Mountain Pass. See the backside of the mountains around Telluride. One person, who had just returned from Glacier National Park, told me that these views rivaled those he had just seen. Your buyer will get title insurance and a general warranty deed. This is also property for a serious mineral person. The Minnehaha Mine adjoins the old Lead Carbonate mine which appears to have vein structure running southeasterly right onto these properties. It is at the very westerly end of the old Sunnyside mine which had been operating for nearly 100 years. There is fairly extensive tunneling on the Minnehaha and in the associated docs I have a very thorough assay map of level number 2 on the Minnehaha mine. This map shows the assay results for gold, silver, lead, zinc, and copper. That represents multiple thousands of dollars of work. As can be seen by the pictures, numerous mineralized outcrops are on this property. The entrance to the tunnel has been cribbed and we have a lock on the door going into the mine. No water is coming out of the mine. Sellers will retain a small royalty (If your buyer ever mines, the sellers get a royalty. But the sellers are not allowed to mine and the sellers cannot make your buyer mine.)  MoreLess
Facts
  • 336 days on Zillow
  • Last sold: Nov 2005 for $65,000
  • MLS #: 683956
Features
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    • Zillow Home ID: 2110605106
    Home Values
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    $697/mo
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