Colorado Land, 5 acres, Spectacular Mountain Views, Owner Finance!

Description

Spectacular 5 (actually 5.3) acre property in the Sangre De Cristo Ranches Subdivision with great fishing in the Mountain Home Reservoir!
Property is owner financed. Deposit is 0 and monthly payments are 6.46. Property price is ,950.  See additional information on payment options below.
THIS IS VERY IMPORTANT.******* EBAY CHANGED THE WAY LISTINGS FOR REAL ESTATE ARE PUT UP. WE NOW LIST THE ENTIRE PRICE AND NOT THE DOWN PAYMENT AMOUNT, BUT YOU STILL ONLY PAY THE DOWN PAYMENT!!!!!!!!! AND WE OWNER FINANCE THE BALANCE!!!!!!!!
ALSO REAL ESTATE IS DIFFERENT THAN OTHER CATEGORIES, SO YOU DO NOT GET DIRECTED TO PAY AUTOMATICALLY AFTER THE AUCTION CLOSES. I CONTACT YOU FOR THE DOWN PAYMENT AND WE TAKE MULTIPLE TYPES OF PAYMENT METHODS FOR IT.  THERE ARE NO FEES OF ANY KIND.
Information on the property!
This is a 5 (actually 5.3) acre property located in the San Luis Valley of Southern Colorado.  This is a great residential lot with gorgeous mountain views that you can build a cabin or any type of home on.
The property is about a 15 minute drive from Fort Garland and is easy to get to off of Hwy 159.  This lot has incredible mountain views of Mount Blanca to the North, Sangre De Cristo to the East, and the valley to the West.  The lot is mostly flat but has some gentle sloping areas as well.   There is medium sagebrush on it which can be cleared very easily. The property is in one of the nicest subdivisions in the San Luis Valley (Sangre De Cristo Ranches Subdivision), and is only 2 miles to the Mountain Home Reservoir which is in the subdivision. (See picture 1 of the Reservoir).  The official description of the property is Sangre De Cristo Ranches Unit J, Block 111, Lot 1816. The parcel number is 70235440.  Directions to the property are in the listing below and you will receive a plot map of the property when you purchase.
See pictures 4 through 10 of the lot and views from the lot. All of the view pictures were taken personally by me in July 2021. The zoning for the property is
residential.  There are no mandatory association fees or dues (there is a annual volunteer HOA fee), and there is no time limit to start building a home.  All of the roads in the subdivision are wide maintained dirt roads and all are in good  condition. (see picture 11 of the road to the property) This property is going to use a well system for water use or a water tank.  All properties in the subdivision are guaranteed a well permit.
There
is a beautiful lake in the subdivision called Mountain Home Reservoir (see picture 1 of the Reservoir) where you can fish for Trout and Perch!  Facilities include a restroom and boat ramp. There are many nice camping spots by the lake as well (for both tents and RV's).  There is no electric for RV's but you can park one by the lake for camping. This property is only 2 miles from the Reservoir.
There is also 4,500 acres of green space for hunting.  All property owners are allowed to hunt in the green space in the subdivision.
About Us!
We are a family business (Reichwein Ranches) that has been in business since 1982. We own a small ranch a few minutes outside of the town of San Luis.  My father has been buying and selling property in the San Luis Valley for over 30 years (long before Ebay!).  We own all our property free and clear, and will be happy to show you your property after you buy whenever you want to come out for a visit.  You can call Costilla County to find out who the property owner is.
You must call to get the latest information as their website is not usually updated.
We are not real estate agents.  We are land owners who sell land directly to buyers and offer owner financing.   If you go through a real estate agent you will need to pay cash for the land or get a loan from the bank.  Most banks do not like loaning money on vacant land and charge very high interest rates.  We believe everyone should be able to own their own piece of paradise, and want to make it affordable to do so!   We hope you will love Southern Colorado as much as our family does!
We also allow our customers to make exchanges for another property during the lifetime of the loan without any extra fees. (other than the price of the property, if there is one).  Our family owns several different tracts in many different subdivisions throughout the San Luis Valley.
I personally took all the pictures in this listing myself and I always stand on the exact lot when taking the view pictures so you know exactly what you are getting!
Property price for this lot is ,950 and we offer an owner finance option or a cash purchase option. See details of payment options below.
There are no pre-payment penalties on the loan!  You can pay it off at any time.
There are no credit checks!
We also offer a 10% discount if you want to pay cash for the property up front. We do not sell the loans to anyone (like some other eBay sellers do), and you can start using the property immediately after the contract is signed, and we receive the down payment.  There are no additional documentation and/or recording fees either!
The down payment must be received within 48 hours of when you purchase.
Payment Options- Option 1
Property Price: ,950
Monthly Payments at 4% for 8 years:
9.79 a month
(This assumes a 0 deposit so you are paying interest on the balance of ,750). Annual property taxes are
0.00
and will be pro-rated over 12 months and added to the monthly payment (.67 per month).
The total monthly payment including the property tax is 6.46.
(We accept larger deposits than the 0, but 0 is the minimum amount required. If the deposit amount is different than 0, then the monthly payments will be adjusted accordingly.  In addition, we offer shorter terms than 8 years if interested.
Option 2
Cash Purchase with a 10% discount:
,455.00
(,950.00 minus the 10% discount). Warranty Deed will be transferred immediately upon completion of cash purchase.  For this option Annual Property Taxes will be buyer’s responsibility and will need to be paid directly to the County on an annual basis after Deed is transferred.
Information about the San Luis Valley!
This wonderland is located in the scenic southern area of Colorado on the Rio Grande River.  100 miles long and 60 miles wide it is the longest valley in the US.  The Southern Valley (San Luis area) is surrounded by the Sangre De Cristo Mountains to the North, the San Juan Mountains to the West, and the Culebra Range (sub-range of the Sangre De Cristos) to the East.  Large and small farms and sheep and cattle ranches occupy the almost level valley floor.  The snow and spring fed Rio Grande River provides abundant irrigation water.  Numerous creeks drain into the valley.   The San Luis Valley sits at approximately 7800 feet elevation.  This specific property is approximately 25 minutes North of San Luis (oldest town in Colorado), approximately 45 minutes Southeast of Alamosa, and 90-120 minutes North of Taos, NM.   There are four distinct seasons with moderate summers and cold (but sunny!) winters.  There is on average 350 days of sunshine per year, and about 13 inches of rainfall a year.  Wildlife in the area is abundant, and the outdoor activities are endless!
A list of some of the great fishing sites in the San Luis Valley.
Mountain Home Reservoir- This is the lake that is in the same subdivision as this property.  (The Sangre De Cristo Ranches subdivision).  This property is only 2 miles from the lake. There is a nice boat ramp, great camping spots, and great fishing!
Rio Grande River- Starts in the San Juan Mountains and journeys all the way to the Gulf of Mexico.
Fish for brown trout, rainbow trout, and native cutthroat.   The Rio Grande River is about an hour’s drive from this property.
Smith Lake and Reservoir: From Blanca go 1/2 mile West on US 160 to Airport Rd. then 4 miles to reservoir.
Two boat ramps are available and 18 inch trout have been reported to be plentiful!
Sanchez Reservoir: From San Luis take 4th St. (also known as Hwy 152) Southeast.  At the edge of town the road name changes to P6.  Follow it to the junction of Rd. 21 and turn South.  Sanchez Reservoir will be on the West side of the road.
Fish for  walleyes and northern pike particularly in the Spring!
Facilities include a boat ramp and restroom.
Other great local attractions:
Rio Grande National Forest
San Luis Lakes State Park
Great Sand Dunes National Park
Alamosa-Monte Vista National Wildlife Refuge
Skiing at Red Rock, NM! (65 miles from Fort Garland) and Taos, NM! (90 miles to Taos Ski Valley)
Hunting (particularly Elk) in the area is some of the best in the country! This subdivision has over 4.500 acres of green space for hunting.  All property owners are allowed to hunt in the subdivision.
Driving Directions from Denver to your property: (Approximately 3 1/2 hours) From Denver go South on Hwy 25, West on 160. South on Hwy 159, left on County Rd. 6, right on Luke, left on Sandoval, and left on Baja.  The property is 540 ft. down on the left.
Driving Directions from Alamosa to your property:
(Approximately 45 minutes). East on 160, South on Hwy 159, left on County Rd. 6, right on Luke, left on Sandoval, and left on Baja.  The property is 540ft. down on the left.
We highly encourage you to email with all questions up front.   Once the auction is over, we will contact you right away and will need your name, address, telephone number and how you would like to make payments.  We will send the paperwork right away that needs to be signed and sent back to us.
We accept multiple types of payment and will work with you on how you would
like to make your payments.
There are no hidden paperwork fees or any hidden fees of any kind.   We want you to be completely comfortable buying from us so please email or call with any questions!
Frequently asked questions:
1.
Can you get a well permit?
Answer: Yes, all properties in the Sangre De Cristo Ranches subdivision allow well permits.  The well depth can vary greatly depending on where you are in the subdivision (ranging from 200ft. to 2,000ft plus) because the subdivision has varied terrain and is mountainous in some areas.  This particular lot climbs a little from the Valley floor (which sits at 7,800 ft.).
A well is not required if you build a house. A water tank may also be used instead of a well if you prefer.
2. Are there trees on the property?
Answer:  No,  there is small and medium sized sage brush on the property.   It is very easily cleared for a home.
3. What is the closest town?
Answer: Fort Garland is the closest town and is about a 15 minute drive from this property.  This particular property is only 4 and 1/2 miles off of Hwy 159 which leads right into Fort Garland.
4. Can you get Internet, Cable, and Cell Service?
Answer: Yes, AT&T and Verizon both work for cell phone coverage in the overall San Luis Valley.  I have not tried Sprint or T-Mobile for cell phone service in the area.   Direct TV is common for Satellite TV.  Hughes.net and WildBlue/Exede are common for Internet.
5.
Is there power?
Answer:  There is no power on this particular property.  Most of the homes in the Subdivision use Solar for power.
6.
Is there a time limit to build on the property?
Answer:  There is no time limit to build on the property, however once you start building you have a year to complete the structure.
7. Are there restrictions on animals in the Sangre De Cristo Ranches Subdivision?
Answer: Here is what the covenants say on animals.  “No animals or poultry shall be kept on said lands except ordinary house hold pets belonging to the household.  Other animals such as horses, cows, or poultry may be kept only with the prior written permission of declarant”   Please call Costilla County if you have questions about any particular farm animals for this particular subdivision.
8. Can you camp or put an RV on the property?
Answer: Yes, You can camp and put an RV on the property temporarily, however they do not allow temporary structures (RV’s, trailer homes, etc..) on the property long term.
9. What are the roads like?
Answer:  The roads are dirt roads, and are very well maintained by the County.   Most of the year the subdivision is easy to drive around, however it can be treacherous in the winter if there is a lot of snow.  This particular property is on the flat part of the subdivision but does climb a little in elevation because the road slopes up a bit as you are driving.  It is accessible year round. See picture 11 of the dirt road to the property.  The property is 4 and 1/2 miles off of Hwy 159 (the two lane paved road that runs between Fort Garland and Taos, NM.