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The Rico Cottages and Bungalows is a new project breaking ground spring 2019 and set for delivery in November 2019. Overlooking the Dolores River Valley and located 1/2 block off Glasgow Ave., the project will offer quality finishes and will be constucted on-site. There are 4 Cottages on individual lots and prices range from $325,000-$335,000, with 2 beds/2 baths and single car garage. Project is zoned residential/commercial and allows for live/work scenarios and lock-off scenarios to rent and assist with mortgage. Expansion potential exist. Please see documents tab for outline of project and floor plans.Project is on central septic and a small hoa will be formed with monthly hoa cost in the $50-$75range. Potential for expansion down the road exist. Financing and leasing options available. Town of Rico now participates in the SMART Transportation system linking the town of Rico to Telluride and Mountain Village. https://www.telluridenews.com/news/article_0ba0d0c2-d3f3-11e8-8665-af246613de44.html
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Listing information last updated on May 30th, 2020 at 5:38am MDT.