The larger lot sold for $40,000 and the smaller lot went back to the bank.
Bank of Colorado has agreed to take way less than what is owed on two premium Reserve at Pagosa Peak lots. Lot 36 (MLS 646083) is being offered at just $49,000. The sellers bought this one from the developers for $126,700 in 2005. It is .93 acres, features a large aspen grove on the property and has huge, unobstructed views of Pagosa Peak.
Lot 9 MLS 646079) is being offered for just $35,000. The sellers bought this one from the developers for $89,300 in 2005. It is located close to the entrance and is adjacent to greenbelt that leads into the National Forest.
[idx-listing mlsnumber=”646083″ showall=”true”]
[idx-listing mlsnumber=”646079″ showall=”true”]