TBD 5th & Reese & Snowden & Bluff Street, Silverton, CO 81433
None · San Juan County
Key Facts
Description
A Landmark Development Opportunity in Silverton, Colorado. Nestled in the heart of the San Juan Mountains, this newly constructed neighborhood represents the most significant residential expansion in Silverton's history and a rare chance to shape the future of one of Colorado's most iconic mountain towns. Spanning three full city blocks, the development introduces 58 shovel-ready lots zoned R-2 Multi-Family, unlocking a wide spectrum of building possibilities: single-family homes, duplexes, triplexes, quadplexes, and apartment buildings. Whether you're a single builder planting roots or a developer looking to build at scale, the flexibility here is unmatched. What truly sets this neighborhood apart is its infrastructure. Buried utilities preserve Silverton's beloved sight-line corridors, while high-speed fiber internet serves each individual lot; both exceptional rarities in this market. Fresh roads, alleys, and sidewalks complete a turnkey foundation that is ready for immediate construction. Silverton's housing shortage is well-documented, and demand continues to outpace supply. This development is the most direct answer to that need, offering builders and investors a first-mover advantage in a market with deep roots, fierce loyalty, and no shortage of people eager to call it home.
Property Information
Property Type
Land
Lot Size
3.00 acres
Zoning
Residential Multi Family
MLS® Listing#
833159
Property Features
Lot Features
Schools
- Elementary:
- Silverton K-5
- Middle:
- Silverton 6-8
- High:
- Silverton 9-12
Financial Details
Parcel Number
48291840860007
Directions
From Greene st. in Silverton turn west on 6th st. and then left on Reese st. Follow Reese st. to 5th and property is on west side of 5th.
Affordability Calculator
$1,590,000
Estimated monthly payment
$42,313/mo
Principal $6,360,000 · Est. interest $8,872,766 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Silverton, CO
- $750,000
- Median Listing Price
- 125
- Median Days on Market
- 1,949
- Median Sq Ft
- $385
- Median Price / Sq Ft
- 27
- Active Listings
- This home’s price is 960% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Silverton, CO.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 664 Greene, Silverton, CO | $7,780,000 | 2 | 1 | 1,520 |
| 664 Greene Street, Silverton, CO | $7,780,000 | — | — | 225,276 |
Moving Cost Estimate
Listing Courtesy: Keller Williams Realty Southwest Associates, LLC - C: 970-759-4044
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Real Estate listings held by companies other than Keller Williams Realty Southwest Associates, LLC contain that company's name.
Fair Housing Disclaimer
Date Last Updated
.
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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.