$1,200,000
For Sale

Silver Street

Silver Plume, CO 80476
350.00 acres | #S1053537
Browse 16 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot DescriptionBordersNationalForest
    • Measurements
      • Acres350
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility SourceSeeRemarks
  • Community and Neighborhood Details
      • SubdivisionOTHER
    • Location
      • CountyClear Creek
  • Financial Details
      • Taxes Annual$1,400
  • Other
      • MLS #S1053537

Location

Adrienne Wilson | Winterwood Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00