DENVER (KDVR) — The world that’s house to one in every of Telluride’s hottest waterfalls hit the marketplace for tens of millions.
Bear Creek Falls and the Higher Bear Creek Falls are waterfalls alongside the well-traveled Bear Creek Path simply miles exterior downtown Telluride, and the land was listed for the primary time in over 100 years.
The waterfalls are a Telluride staple as they’re accessible by huge trails with Aspens, pine groves and sweeping views of San Miguel County. Whereas the waterfalls and surrounding space are on U.S. Forest Service Lands in San Miguel County, it is not public land.
In line with the itemizing on Zillow, the falls are privately owned. The supply consists of the Wild Yankee Millsite declare, which incorporates Bear Creek Falls, and almost full possession of 4 different surrounding mining claims that encompass the falls, together with the Wild Yankee Lode, the Silver Chief Millsite, the Silver Chief Lode and the Excelsior Lode.
Realtor Shane Jones with Better of Pagosa Springs mentioned on the itemizing that the favored property may have some income advantages.
“Just like Hanging Lake, 7-Falls (A Broadmoor Resort-owned waterfall attraction), or Maroon Bells, a consumer payment mannequin may very well be imposed, and with enhancements equivalent to a viewing platform, stairs to the higher falls, and so on., the income estimates are vital,” mentioned Jones on the itemizing.
Jones additionally talked about that if the property was acquired and introduced again into the general public area, it may deliver vital tax credit.
The waterfalls and surrounding land make up 33.6 acres of land and 5 patented mining claims, and are on sale for $14,999,995.
