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Off Market

$29,900

Colorado 159 , San Luis, CO 81152 (Costilla County)

Size: 2.31 Acres

Type: Recreational Property, Undeveloped Land, Lakefront Property, Waterfront Property, Homesites

2.3 Acres Along the Sanchez Reservoir

Discover a rare 2.3-acre lakefront property in the exclusive Little Norway subdivision, offering direct access to Sanchez Reservoir with the Sangre de Cristo Mountains as your backdrop. This estate-zoned parcel combines the freedom of mountain living with the convenience of established infrastructure, featuring both power and water access at the property line. Positioned at coordinates 37.0765, -105.4197, this elevated homesite presents an exceptional opportunity for those seeking to build their Colorado dream home or mountain retreat.

Note: Water levels in Sanchez Reservoir fluctuate seasonally. Property has deeded reservoir access regardless of water level.

Property Highlights

- 2.3 acres of buildable land with reservoir frontage

- Estate Residential zoning allows single-family homes and accessory structures

- Power and water lines available at property boundary

- Maintained dirt...

- Maintained dirt road access via Lakeview Drive

- POA maintained roads and infrastructure

- 28 minutes to San Luis amenities

- 60 minutes to Alamosa regional airport and hospital

- Moderate slope ideal for walkout basement or elevated deck construction

- Cell service available on property

- Year-round accessibility

Infrastructure and Utilities

- Electricity: Power lines at property boundary

- Water: Municipal water line available (tap fee: $8,000)

- Monthly water allocation: 6,000 gallons

- Road maintenance included in $80/year POA dues

- Septic system required (suitable terrain for installation)

Development Potential

- Zoned for up to two single-family residences

- Minimum home size: 1,200 square feet

- Foundation requirements in place

- Two-year construction completion requirement

- Temporary camping allowed (30-day maximum stays)

- Ideal for primary residence or vacation home

- Multiple building site options on sloped terrain

Location Benefits

- Direct access to Sanchez Reservoir for fishing and recreation

- Proximity to additional fishing at Mountain Home Reservoir (48 min) and Smith Reservoir (51 min)

- Hunting available at nearby Trinchera Ranch

- Shopping, dining, and services in San Luis (28 min)

- Regional healthcare and air travel in Alamosa (60 min)

- Established neighborhood with year-round residents

- Protected mountain views through POA covenants

Property Details

- APN: 730-00-150

- Address: Lakeview Drive, San Luis, CO

- Coordinates: 37.0765, -105.4197

- County: Costilla County

- Subdivision: Little Norway

- Access: Maintained dirt road

- Terrain: Sloped toward reservoir

- Views: Sangre de Cristo Mountains, Sanchez Reservoir

- HOA: $80/year (includes road maintenance)

Investment Potential

This property represents a solid investment opportunity in Colorado's growing mountain real estate market. The established infrastructure, protective covenants, and proximity to recreational amenities position this parcel for strong value appreciation. The ability to build two homes offers flexibility for family compounds or rental income potential.

Note: Water levels in Sanchez Reservoir fluctuate seasonally. Property has deeded reservoir access regardless of water level.

Don't miss the opportunity to grab this waterfront property with utilities at the lot line! OWNER FINANCING is available. Please inquire for terms: 234-230-6539 or email directly.

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