16 photos
$284,000
9115 Sheridan Loop LOT 11
Salida, CO 81201
Walt Harder, Harder Real Estate and Development, LLC · (719) 539-2000
What the listing says
The most amazing views are less than 5 minutes from downtown Salida in this exclusive community, just west of Franz Lake. Timber Creek Ranch is one of the oldest ranches in all of Chaffee County. Most of the one acre building sites border State Wildlife Land or Deeded Open Space to protect your mountain views forever. Wells are provided by the developer and will service two to three lots each. Ready-to-build lots are available now. Each lot is provided with electricity and water. Well drilling expense is included in price. ADUs are permitted, with additional $2500 cost for water. Developer will provide construction services to buyers looking for a turnkey package and can arrange a meeting with architects and builders after a contract for purchase is complete. Several builders and architects to choose from with construction start dates in 2025. Developer has installed a new buck fence from the entry around the outside perimeter of the lots and an exclusive entry portal designed by a local artist. Paving of subdivision roads to be completed in June 2026. Possible owner carry terms: $100,000 down, 1st lien, 6% interest only on balance, paid monthly for up to 3 years. If you're building, the developer will subordinate to your construction loan, giving you a $300K equity stake from the beginning. You can literally start building your dream home for only $100K out of pocket.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Land
HOA
$60/mo
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Questions about owner financing in Salida
What is owner financing for 9115 Sheridan Loop LOT 11?
Owner financing means the seller of 9115 Sheridan Loop LOT 11 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Salida, CO home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Salida home?
There is no standard down payment. The seller of this Salida home sets their own, and it is negotiable. Ask the seller or their agent.