# N Chestnut Street, Cortez, CO 81321

> **TL;DR:** land, $100,000. Est. $535/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $100,000 |
| Lot Size | 25,700 sqft (0.59 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $506 |
| Estimated Insurance | $29 |
| **Total** | **$535** |

## Property Highlights

- 0.59 acre lot

## Description

### Agent Description
Katri Annast, RE/MAX Pinnacle, C:,,: Exceptional multi-family development opportunity in the heart of Cortez. This large, flat corner lot has been recently rezoned for multi-family use, creating immediate potential for apartments, townhomes, or income-producing residential units. Buyers are encouraged to consult with the City of Cortez regarding specific development possibilities, including tiny homes, cottages, RV placement, or manufactured housing, subject to city approval.Significant due diligence has already been completed, including a land surface survey, environmental review, and geotechnical report.Ideally positioned with convenient access to schools, shopping, parks, and downtown amenities, this property offers both strong location fundamentals and development readiness. Opportunities with zoning in place and studies completed are increasingly rare - making this an attractive option for investors and builders ready to break ground.

## Location

- **Address:** N Chestnut Street, Cortez, CO 81321
- **County:** Montezuma
- **Coordinates:** 37.35545485, -108.586948
- **Google Maps:** https://www.google.com/maps?q=37.35545485,-108.586948

## Listing Agent

- **Name:** Katri Annast
- **Brokerage:** RE/MAX Pinnacle
- **Broker Phone:** (970) 259-2255
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/N-Chestnut_Cortez_CO_81321_M98797-31554?f=listhub&s=CRENCO&m=831871&c=propsimple)

## Photos

![N Chestnut Street - Photo 1](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f2079015064r.jpg)

![N Chestnut Street - Photo 2](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f1881833545r.jpg)

![N Chestnut Street - Photo 3](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f756638574r.jpg)

![N Chestnut Street - Photo 4](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f1190446780r.jpg)

![N Chestnut Street - Photo 5](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f3495818036r.jpg)

![N Chestnut Street - Photo 6](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f2657488411r.jpg)

![N Chestnut Street - Photo 7](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f2983064095r.jpg)

![N Chestnut Street - Photo 8](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f2308983035r.jpg)

![N Chestnut Street - Photo 9](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f690795735r.jpg)

![N Chestnut Street - Photo 10](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f2680767564r.jpg)

![N Chestnut Street - Photo 11](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f579525674r.jpg)

![N Chestnut Street - Photo 12](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f2700576191r.jpg)

![N Chestnut Street - Photo 13](http://lh.rdcpix.com/dc581ecdc0e9601ba9a99320b386f65el-f1466208203r.jpg)

---

**MLS#:** 831871 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/n-chestnut-street-cortez-co-81321-ac2d60c56a4f40efb721de589b92fb6a)

---

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