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TBD Governor's Basin

Ouray, CO 81427
  • $240,000
  • STATUS: Active
  • ON SITE: 154 Days
  • MLS #: 40826
UPDATED: 1 min ago
$240,000
  • 0
    BEDS
  • 260
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Fully enjoy 260 acres of high-alpine splendor. These mining claims, with seasonal access, are adjacent to and overlap some of the Ouray Silver mine's claims. As such, there is a possibility of future mining revenue in addition to hunting and enjoying the high mountain surroundings. Well priced at less than $1000/ acre, these claims could be a good store of value in an inflationary environment. Approximately 140 acres are 100% owned by the seller, the additional acreage is 1/16 owned, but the Buyer enjoys full access. The historic boarding house near the top of Governor's Basin provides a relatively level spot for an RV or future endeavors.Seller to retain 10% Net Smelter Return or "NSR" meaning a royalty payment based on the value of gross metal production from the property, less deduction of certain limited costs including smelting and refining, as defined by contract.

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[Teullride Board of Realtors] logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or Telluride Real Estate Corp.. Data last updated: 2022-11-30T09:49:53.55.

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TBD Governor's Basin Ouray, CO 81427

  • Price: $240,000
  • Status: Active
  • On Site: 154 Days
  • Updated: 1 min ago
  • MLS #: 40826
0
Beds
0
Baths
0
½ Baths
260
Acres
Neighborhood:
None
County:
Ouray
Area:
Ouray - 74 (Major Area 70)
Property Description
Fully enjoy 260 acres of high-alpine splendor. These mining claims, with seasonal access, are adjacent to and overlap some of the Ouray Silver mine's claims. As such, there is a possibility of future mining revenue in addition to hunting and enjoying the high mountain surroundings. Well priced at less than $1000/ acre, these claims could be a good store of value in an inflationary environment. Approximately 140 acres are 100% owned by the seller, the additional acreage is 1/16 owned, but the Buyer enjoys full access. The historic boarding house near the top of Governor's Basin provides a relatively level spot for an RV or future endeavors.Seller to retain 10% Net Smelter Return or "NSR" meaning a royalty payment based on the value of gross metal production from the property, less deduction of certain limited costs including smelting and refining, as defined by contract.
Exterior Features

Access CountyGravelSeasonal Access Road Seasonal Irrigation YN No Special Location Very Rural Trees Mix View MountainWildflowers

Property Features

Animals Horses PermittedLivestock Permitted Deed Restrict None Density To Be Determined Disclosures None Documents On File Legal Description Electricity None Land Type 70+ Acres (Not Sub Dividable) Major Area 70 REO No RETT None Sanitation Unknown Short Sale No Tax Year 2021 Taxes 2000.00 Utility Cable Tv Not In Area Utility Phone Lines None Water Supply None Zoning Residential

Listing provided courtesy of Cathy Redmond of Redmond Realty, Llc: ( ) -.
[Teullride Board of Realtors] logo ©Copyright 2020 by Telluride Association of REALTORS, Inc. ALL RIGHTS RESERVED WORLDWIDE. The data relating to real estate on this web site comes from REALTORS who submit listing information to the Internet Data Exchange (IDX) Program of the Telluride Association of REALTORS, Inc. The inclusion of IDX Program data on this web site does not constitute an endorsement, acceptance, or approval by the Telluride Association of REALTORS of this web site, or the content of this web site. The data on this web site may not be reliable or accurate and is not guaranteed by the Telluride Association of REALTORS, Inc. The IDX data on this web site is provided exclusively for the web site user’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the user may be interested in purchasing. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Telluride Association of REALTORS, Inc. or Telluride Real Estate Corp.. Data last updated: 2022-11-30T09:49:53.55.

 
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