$ 1,200,000
0 Silver Street Silver Plume, CO 80476
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$ 1,200,000
Est. payment | /mo
350 Acres Lot
$ 1,200,000
Est. payment | /mo
350 Acres Lot
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
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Keller Williams Foothills Realty, LLC • [email protected]
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