Pre-Cleared Lot, Undg. Utilities

Land Description

Owner Financing: 20% Down Payment of $2,400, 9.9% Interest Rate, $300 Monthly Payment, 36 Month Term

Location & Size

The subject property is a 2.53 acre parcel located in Wild Horse Mesa, a sprawling and largely undeveloped rural subdivision situated just outside San Luis and within close proximity of the Sanchez Reservoir and State Wildlife Area.

This particular property sits at the top of the mesa in Unit D. Given its position close to the edge, it boasts stunning, unobstructed views of the surrounding San Luis Valley and Sangre De Cristo Mountains.

County, State: Costilla County, Colorado

Lot Size: 2.53 Acres

Nearest Town: San Luis

Street Address: Not Designated

Zip Code: 81152

Latitude & Longitude:

Center: 37.11940,-105.48240

Nw: 37.11980,-105.48320

Ne: 37.11980,-105.48170

Sw: 37.11910,-105.48320

Se: 37.11910,-105.48170

Legal Information

Legal Description: Forbes Park, Unit J-1, Block 125, Lot 2292

Parcel Number: 70122120

Account Number: R009105

Annual Taxes: $75.00

Access & Utilities

Roads & Access: The subject property is located along Wohlstotter Loop, a graded dirt and gravel road maintained year 'round by the Forbes Park Owner's Association. Because of this, the road at the property as well as throughout the community should be easy to navigate in any vehicle type during good weather. As this region sees a fair amount of annual snowfall, however, a larger truck or off-road capable vehicle would be a necessity for anyone choosing to live here or visit during winter months.

Power & Utilities: In an effort to maintain the scenic beauty of this region, the Forbes Park community has no above-ground power lines. That said, most parts of the subdivision are outfitted with underground utilities including power, phone, cable and high-speed internet. Such underground utility boxes are present along Wohlstotter Loop though they are located about 1,000 feet east of the property closer to where Wohlstotter meets Sigler Drive. Anyone looking to investigate the costs associated with connecting power here is encouraged to contact the San Luis Valley Rural Electric Cooperative, the local utility servicing this region.

Legal Access: Yes

Access Road: Wohlstotter Loop

Access Condition: Well-Maintained Dirt/Gravel Road

Access Frontage: 250 Feet - Northern Boundary

Power: Underground Utilities

Phone: Underground Utilities

Water: Well or Holding Tank

Sewer: Septic/Alternative

Zoning & Restrictions

Zoning: Properties in Forbes Park are zoned E-R or Estate Residential, a designation which allows for residential areas developed at a higher density and where agricultural use is of incidental value. To learn more about the ER Zoning Designation, please see the attached Pdf.

Poa: Forbes Park is governed by the Forbes Park Land Owner's Association. This organization is responsible for maintaining the over 13,000 acres that make up the community, including 6,000 acres of common land, a lake, two manmade ponds, hundreds of miles of roads and a community center. In addition, they also sponsor community events including ones organized to safeguard this forested region from fires.

While many buyers may recoil at the suggestion of rules or governing organizations, good POAs can be a benefit to the land and homeowners in their communities as they help to beautify the region and ensure that property values increase over time. For anyone who would like to learn more about the Forbes Park Land Owner's Association you can visit their website here or their Facebook page here.

Environmental Control Committee: Forbes Park is defined as a "covenant and architecturally controlled community." This means that rules exist for land use and development and those rules are enforced, most notably by a three-person owner-member Environmental Control Committee which oversees approval and permitting for all homes built within the subdivision. To learn more about how this Committee works with landowners developing property, you can read this excerpt from the original bylaws.

Covenants, Conditions & Restrictions: When the Forbes Park subdivision was first created, the developer drew up a set of covenants and restrictions to run with the land. While most of these are what we like to refer to as "reasonable, good neighbor restrictions" dealing primarily with the disposal of trash and prohibitions on excess noise, there are a few covenants that deal with acceptable structures for the region as well as minimum square footage requirements of those structures. Because of this, anyone considering purchasing land here is encouraged to review the Forbes Park Covenants and Restrictions document linked here.

Covenants, Conditions & Restrictions, Cont'd: Notable restrictions enumerated in the above linked document include: No structure of a temporary or mobile nature (camping) may be placed on a lot for longer than three days and nights without either a building permit or approval from the E.C.C.; All construction must be completed within 12 months from ground-breaking; No hunting is allowed within the community.

Annual Dues: Property owners in Forbes Park are required to pay $290.00 in annual dues. This fee covers road maintenance, office staff salaries, trash removal and use of the Community Center.

Zoning: Estate Residential

HOA: Yes - Forbes Park Land Owners Association

Covenants, Conditions & Restrictions: Yes

Annual Dues: $290.00

Time Limit On Building: 1 Year From Ground-Breaking

Title Info

Title: Free & Clear

Liens and Encumbrances: None

Mineral Rights: None

Recent Survey: None

Title Insurance: Yes - Insured Through Allpine Title Company

Conveyance Document: Warranty Deed

Suggested Type Of Closing: Title/Escrow

Doc Prep Fee: Waived

Misc.

Cleared Trees: The subject property has been cleared of most all its vegetation. This is likely due in part to a fire that plagued the region in 2018 but probably also some work on the part of the Owner's Association to prevent against the next fire. Either way, with the land being partially cleared it makes development of the property that much easier.

Topography: The subject property is exceptional in that it is mostly level terrain. This too should make it easier to develop than many similar properties in this community.

Gated Entrance: As noted, Forbes Park is a gated community. Upon purchasing land here, all new property owners are provided with a magnetic key which opens the electronic gate.

Wildlife: Wildlife common to Forbes Park include deer, elk, wild turkey, coyotes and bears.

Hunting & National Forests: While discharging firearms is prohibited within the grounds of this residential community, many will be glad to know that there are numerous opportunities for hunting nearby as Forbes Park is bordered on its east and south by the San Isabel National Forest. It should further be noted that this region is located in Game Management Unit 83

Nearby Towns

Walsenburg, CO: 48 miles (1 hr 5 min)

Alamosa: 58 miles (1 hr 11 min)

Trinidad, CO: 85 miles (1 hr 42 min)

Taos, NM: 100 miles (1 hr 54 min)

Colorado Springs: 141 miles (2hr 29 min)

Denver: 210 miles (3 hr 28 min)

Telluride, CO: 298 miles (5 hr 40 min)

Nearby Attractions

Terrace Reservoir

La Jara Reservoir

Great Sand Dunes National Park

Trinidad Lake State Park

Monte Vista National Wildlife Refuge

Alamosa National Wildlife Refuge

Smith Reservoir

Mountain Home Reservoir

Taos Ski Valley

Things To Do in Taos

Bosque Del Oso State Wildlife Area

Spanish Peaks State Wildlife Area

Lathrop State Park