Exceptional multi-family development opportunity in the heart of Cortez. This large, flat corner lot has been recently rezoned for multi-family use, creating immediate potential for apartments, townhomes, or income-producing residential units. Buyers are encouraged to consult with the City of Cortez regarding specific development possibilities, including tiny homes, cottages, RV placement, or manufactured housing, subject to city approval. Significant due diligence has already been completed, including a land surface survey, environmental review, and geotechnical report. Ideally positioned with convenient access to schools, shopping, parks, and downtown amenities, this property offers both strong location fundamentals and development readiness. Opportunities with zoning in place and studies completed are increasingly rare — making this an attractive option for investors and builders ready to break ground.
Active
$100,000
TBD N Chestnut Street, Cortez, CO 81321
--beds
--baths
0.59Acres
Unimproved Land
Built in ----
0.59 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Large flat corner lot
- 50 days |
- 54 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Katri Annast 970-903-3902,
RE/MAX Pinnacle
Source: CREN,MLS#: 831871
Facts & features
Property
Lot
- Size: 0.59 Acres
- Features: Cleared, Corner Lot
- Topography: Level
Details
- Parcel number: 561126205004
- Zoning description: Residential Multi Family
Utilities & green energy
- Sewer: Sewer Tap Available
- Water: Public, Tap Available
- Utilities for property: Electricity Available, Natural Gas Available, Phone - Cell Reception
Community & HOA
Community
- Subdivision: CRSP
HOA
- Has HOA: No
Location
- Region: Cortez
Financial & listing details
- Annual tax amount: $407
- Date on market: 2/24/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,140/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Listed for sale | $100,000+33.3% |
Source: | ||
| 5/12/2024 | Listing removed | $75,000 |
Source: | ||
| 5/9/2024 | Listed for sale | $75,000+66.7% |
Source: | ||
| 3/20/2023 | Listing removed | -- |
Source: | ||
| 2/27/2023 | Pending sale | $45,000 |
Source: | ||
| 9/3/2020 | Listed for sale | $45,000 |
Source: RE/MAX Mesa Verde Realty #774174 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81321
Nearby schools
GreatSchools rating
- 5/10Kemper Elementary SchoolGrades: K-5Distance: 0.6 mi
- 6/10Cortez Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Montezuma-Cortez High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Kemper K-5
- Middle: Cortez 6-8
- High: Montezuma-Cortez 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Montezuma County
- Cortez
- 81321
- TBD N Chestnut Street







