Mineral Creek Homes
3 Acre Multifamily Development Opportunity
Marketing description
A Landmark Development Opportunity in Silverton, Colorado
Nestled in the heart of the San Juan Mountains, this newly constructed neighborhood represents the most significant residential expansion in Silverton's history and a rare chance to shape the future of one of Colorado's most iconic mountain towns. Spanning three full city blocks, the development introduces 54 shovel-ready lots zoned R-2 Multi-Family, unlocking a wide spectrum of building possibilities: single-family homes, duplexes, triplexes, quadplexes, and apartment buildings. Whether you're a single builder planting roots or a developer looking to build at scale, the flexibility here is unmatched. What truly sets this neighborhood apart is its infrastructure. Buried utilities preserve Silverton's beloved sight-line corridors, while high-speed fiber internet serves each individual lot both exceptional rarities in this market. Fresh roads, alleys, and sidewalks complete a turnkey foundation that is ready for immediate construction. Silverton's housing shortage is well-documented, and demand continues to outpace supply. This development is the most direct answer to that need, offering builders and investors a first-mover advantage in a market with deep roots, fierce loyalty, and no shortage of people eager to call it home.
PROPERTY DETAILS
- 3 City Blocks — Block 86 | Block 87 | Block 88
- 54 Total Lots
- Individual Lot Size: 25' x 100' (2,500 SF)
- Zoning: R-2 Multi-Family
- Minimum Single Sale: 2 Lots (50' x 100')
- Purchase options: Individual lots, half block, full block, or multi-block assemblage
Investment highlights
Welcome to Silverton, the most idyllic mountain town in the rocky mountains. Located in the heart of the San Juan mountains, this beautiful town is your basecamp for adventure and tucked under the tall peaks sits Silverton's newest neighborhood,Mineral Creek Homes. This newly constructed neighborhood sets a new standard for development in Silverton and is the largest expansion of residential lots in town, making it the opportunity you've been waiting for. The entire area is now zonedR-2 multi-family and each offering is for two 25x100 ft lots which complies with the zoning standard of 5,000 SqFt minimum per build site. R-2 zoning provides a plethora of options in designing your new mountain get-a-way, whether you want to build single family, duplex, triplex or quads the choice is yours. For those looking to fill the massive need for housing, you have the ability to purchase multiple lots and aggregate them into a large multi-family project such as apartments, townhomes or condos (call listings agent for more details). In addition to the brand new infrastructure throughout, the development is fully completed with buried utilities preserving sight line corridors along with high speed fiber internet connections for each property, both of which are rare for Silverton and unique design offerings. All this has been topped with fresh roads, alleys and sidewalks making all of these lots fully shovel ready. This amazing new neighborhood is the answer Silverton has been looking for to address the significant lack of inventory which has made it extremely difficult to find that perfect spot to plant roots in this wonderful place. Don't miss your opportunity to get in on the ground floor and start living the mountain dream in the heart of the San Juan's.
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