Gold Finch Mining Claim

MLS #754643 ~ Price Reduced: $65,000 ~ TBD CR 820 ~ 10.3 acres ~ This property is now under contract.

A very hard to find patented mining claim that already has a driveway cut in and a building pad leveled out. Located just south of Chattanooga Curve, (that hairpin curve before the Red Mountain Pass ascent), this 10.3-acre parcel is surrounded on all four sides by national forest. It essentially lays parallel to Highway 550 but sits back off the road and up the hill. There are some very nice timbered areas and many people ski the chute that comes down the mountain near the southern end of the property.

This property was previously approved by San Juan County for a land-use development plan. Property access is off Forest Service Road 820. There are numerous ponds located below the property and electricity is close by, but unsure if it is available for domestic type use. The Colorado division of water resources indicates you can obtain a household well permit and the soil looks like a septic isn’t an issue.

This is a great “home base’ for people really wanting to explore and spend a lot of time in the Silverton / Telluride / Ouray areas. There are several gorgeous lake hikes near the property including Columbine Lake, Ice Lake, Island Lake, and Fuller Lake. Great day trips! You could also throw some skins on your skis and go to the top of the mountain and ski down to your own property.

As you drive up Red Mountain Pass, you can head over to Telluride via Black Bear Pass (not for the faint of heart) or via Imogene Pass. There are tons of things to do in and around Ouray and Silverton including The Hot Springs in Ouray, Old Hundred mining tour, four-wheel driving the back roads, fishing in the numerous lakes and rivers and of course, shopping and dining.

This property had previously been for sale for $250,000 but the owner wants to get it sold quickly so it has been priced accordingly. All minerals to be conveyed, however, the seller to retain a 5% non-participating production royalty.