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13565 Batmasterson Dr
Trinidad, CO 81082
$400,000
Conventional
Property
Bedroom
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Bathroom
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Property Type
Conventional
Square ft
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Property Description
Located in the southern part of Colorado, these 35.51 acres offer numerous opportunities for the discerning buyer! The area is depicted by stunning panoramic views of remarkable landforms and Colorado terrain. The acreage is located in the electric Emerald Vista Estates which have been approved for subdividing at 2 homes per lot. All utilities are already in place on the street making this a lucrative and wise investment. A building exists on the property that was designed as an art gallery on the bottom floor with 360-degree views of Fisher's Peak and the Sangre de Cristo Mountains on the top floor. The unique and beautiful western facade saloon-styled building has a solid structure and is wired for standard electricity. Add your own custom flair to spruce up the cosmetic features and utilize the property as a vacation getaway, rent it out, or design a dream home. The views would be breathtaking from a clear picture window and the aroma of juniper trees and sagebrush reminiscent of the wild west. Watch the wildflowers dance in the breeze and the fluffy clouds float by. There is adjacent parcel available for purchase as well. Four miles from downtown Trinidad, Colorado, the community is rich with history and chances to adventure! Consider the Emerald Vista Estates for your next endeavor or your place to plant roots; you're soon to see it's the jewel you've been waiting for! Local Area Historic Trinidad, Colorado is located halfway between Denver, Colorado and Sante Fe, New Mexico. It serves as the county seat for the largest county in Colorado Las Animas County. Nestled in the vibrant Purgatoire River Valley, Trinidad's downtown emits a historic atmosphere with picturesque Victorian architecture grabbing the attention of visitors. The town was founded in 1862 shortly after coal was discovered in the region. After the railroad came through in 1878, Trinidad flourished. The town has something for everyone with several museums including the Coal Miner's Museum, the Trinidad History Museum, The A.R. Mitchell Museum of Western Art, and the quirky Art Cartopia Museum. Las Animas County also has 1,600+ miles of gravel roads that allow gravel bike enthusiasts views of the plains and western mountains as they trek along. Area Attractions Highway of Legends This national scenic byway travels along and through historic mining towns like Cokedale, through Cuchara and La Veta, and then ends up in Walsenburg. Trinidad Lake Trinidad Lake lies within a 2,700-acre state park just west of town. The year-round recreation allows locals and visitors to enjoy camping, fishing, hiking, and seasonal boating. Multiple fishing tournaments are held here annually to highlight the fiercest anglers. The lake is stocked with a whopping 50,000 trout each year! Spanish Peaks Wilderness Managed by the US Forest Service, the Spanish Peaks Wilderness encompasses 19,000 acres that are of great geological and historical significance. Fisher's Peak State Park Fisher's Peak State Park is the most recent state park added to Colorado's state park list. It opened in October of 2020 allowing visitors on 250 of the 19,200 acres to witness a mixture of grassland, mountains, and foothills. You may even capture a photo of wildlife like bobcats, mountain lions, and bears. Hike, picnic, hunt, and explore! Fishing There are many fishing opportunities near this property in Colorado. The Purgatoire River flows past Trinidad and has solid numbers of Rainbow, Brown, and Cutthroat Trout. Several lakes are a short drive such as Trinidad Lake, Monument Lake, North Lake, and Lake Maloya. Stop by Lathrop State Park and fish for Northern Pike and Trout.
Property Information
Lot Size
35 acre(s) square ft
Property Type
Residential
Year Built
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MLS Number
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Location
Address
13565 Batmasterson Dr
City
Trinidad
State
CO
Zip Code
81082
County
LAS ANIMAS
Listing
Provider
Name
Phone
Office Name
Corder and Associates, LLC - Fort Benton
Office Phone
(833) 783-3224
Agent Name
Shannon Guelzow

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.