Loads of Potential!!

$700,000

This 10 acre property has so much potential it is hard to list it all. The property is currently simply a 10 acre parcel with 2 houses, great shop building, several out buildings and horse pasture. It is located in Mesa County, but could annex to the City of Fruita as soon as a neighboring parcel annexes bridging the cap between this property and city limits. The seller has cleared the way and obtained approval from Mesa County to allow the property to be split into 2 five acre parcels, each with one house. This approval opens up various uses for the property, especially if a potential buyer does not need both houses. The parcel could be split and the buyer could sell the other piece.  As an additional option, the property is located in the City of Fruita Growth Area and will be eligible for high density development once it annexes into the City of Fruita. This obviously opens up more potential for the property's investment value.

The main house was originally built in 1905 and had an addition added to it 30 years ago or so. This home has approximately 2099 square feet counting the finished basement and small bedroom space upstairs.  Sewer service is about 900 feet away so this property is serviced by septic systems for sewer disposal, Ute Water for domestic water, Xcel for natural gas and Grand Valley Power for electricity. There is a four car carport but no garage with this home.

The large country kitchen is bright and inviting, lots of cupboard space and the utility room off to one side provides for additional storage space if needed. 

The bedroom upstairs is accessed from the kitchen as well as an access to the living room and one from the main back entry.  Upstairs is a quaint bedroom with a rock gas fireplace and access to a balcony.  There is a secret entry through the closet to a storage area between this bedroom and a loft area that opens up to the family room below.

The large 27' x 15' living room has tons of great natural light from an oversized sliding glass door and an oversized window, both on the east side of the house. This room also has a fireplace with a stove insert and great light fixtures.

There are two bedrooms that access off the living room.

From the living room you can go into a cute dressing room area that connects to a old style bathroom and a bedroom. This bathroom has this ornate mirror framing and a bath tub.

A bright and open enclosed heated porch is located on the front of the house. This porch also has a sunken hot tub that is included in the sale of this property. 

This is all of the original house, including the basement which is one large room with a concrete floor and a counter area that could be used for entertaining.  There is a second room downstairs that is a mechanical type room where the furnace is located.  This house is heated with a natural gas forced air furnace.

The newer section of the house includes another full bathroom, a family room and loft that is used as a bedroom.

The second residence on this property is a 1994 double wide manufactured home with 3 bedrooms and 2 bathrooms. The home is approximately 1782 square feet and has a nice patio on the east side and a patio area on the north  (back side) of the house.  There is also an attached 2 car garage.

This is a very comfortable home with a yard in front and a small yard in back.  Both of these houses are currently rented and prior notice is needed to arrange a showing.

Also located on this property is a fantastic shop building. This building is 25' x 60' with a concrete floor, 220 power, 2 chain hoists and a wood stove for heat.  There is a 18x14 shop with walk in cooler, several miscellaneous outbuildings and about 8 acres of pasture. Included in the sale of this property are 7 shares of Grand Valley Irrigation Company stock for irrigation water.

The seller is willing to provide owner financing with a 50% down payment for a 3-5 year balloon at 4% interest.