Rare 5-Acre Property in Town – Development Opportunity | Cortez, CO Don’t miss this unique opportunity to own 5 acres of prime land within the city limits of Cortez, Colorado. This rare in-town acreage offers exceptional development potential and is currently zoned Single Family Residential (R-1), with strong possibilities for rezoning to Multi-Family Residential to maximize investment opportunities. An old abandoned home sits on the property, but has been given no value in the pricing—making this a true land opportunity. With utilities nearby and easy access to local infrastructure, this property is well-suited for a range of residential development projects, from custom homes to potential multi-unit builds (subject to city approval). Whether you’re a developer, investor, or someone seeking a large private parcel in town, this property is a rare find in today’s market. Acreage like this doesn’t come up often—especially not within city limits!
Property Details
- View
- Mountains
- Lot Features
- Level
- Lot Description
- Level
- Acres
- 5.0
- Property Type
- Purchase
- Property Subtype Additional
- Residential
- Utility Source
- Public
- Utility Features
- Cellular Phone Reception, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Connected
- Elementary School
- Mesa K-5
- Middle School
- Cortez 6-8
- High School
- Montezuma-Cortez 9-12
- County
- MONTEZUMA
- Region
- Cortez
- Original List Price
- $165,000
- Days on Market (Cumulative)
- 417
- MLS #
- 826392
- Property Subtype
- Residential
- Parcel Number
- 561135200011
- MLS #
- 826392
- Date Listed
- July 10, 2025
- Address
- 821 S Chestnut Street
Location
Legal
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Provided By
Listed by Gina Nelson (#12220)
Listing Office: Berkshire Hathaway HomeServices Colorado Properties (#4246)
