0 Silver Street Active

Silver Plume,CO 80476

$ 1200000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5200026

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $1,399

Tax Year 2023

Lot Size 350.000 Acres

Acres 350.0

Property Description

The Dives-Pelican & Seven-Thirty Mines are a Historical Offering of 122 Patented Mining Claims representing approximately 350 acres above the town of Silver Plume, Co. The region began bustling with prospectors in the 1860’s and by 1880 the Town of Silver Plume was founded where “miners realized that they were exploring one of the richest silver mountains in the state”. The properties can be accessed via the 7:30 Mine Trail which takes hikers on an interactive journey through some of the history and drama of the mining days. Some come to visit the Griffin Monument - a 10’ tall granite landmark atop outcropping precipice on the property. It has been estimated in more recent evaluation in 2002 conducted by Mining Engineer, Albert Barnhard, using research from the Colorado School of Mines Library and the Georgetown Colorado Public Library, that “good grade ore of gross value of $1.3 billion (in 2002 estimated values) or more remains in the properties with potential to discover many more hundreds of millions of dollars in ore values if the properties are prudently explored and developed.” It has been hypothesized by the owners that with a growing global demand for rare earth minerals that are mostly sourced from abroad in current times, there will come a need to tap in to the vast resources available domestically from existing ore deposits. Extensive documents and resources are available on the property website.

Location

State CO

County Clear Creek

Zoning M-1 (Mining One)

Interior

Fireplace N

Exterior

View Mountain(s),Valley

Garage No

Building

Lot Description Borders National Forest,Borders Public Land,Historical District,Mountainous,Rock Outcropping

Schools

School District Clear Creek Re-1

Others

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange,Cash,Other

Listing Terms 1031 Exchange,Cash,Other

Special Listing Condition None

View More
Favorite Go Tour