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Home » Real Estate » CO » Silver Plume » 80476 » Silver Street, Silver Plume, CO, 80476
$1,200,000

Silver Street, Silver Plume, CO, 80476

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.
Offered By
Bill Davis info@coloradolrl.com, Keller Williams Foothills Realty, LLC

Property Details

Property Type Land
Status Active
Property Sub Type Unimproved Land
MLS # 5200026

Market Trends

New Properties On Market
1
Average Asking Price
$479,000
Average Asking Price / Sq. Ft.
$415
Average Days On Market
22
Data as of Sep 22, 2024. Remaining statistics above are calculated on activity within the period from Jul 01, 2024 to Aug 31, 2024.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 9/19/2024 at 7:51 pm