Strawbale House for Sale
In the Colorado Rocky Mountains
on Five Forested Acres
$145,000 as is - $185,000 Completed
The Hard Work is Done! Needs Finish Work.
Owner Financing - Interest Free!*
The address is: 136 Grouse Cir Westcliffe, CO 81252
Contact: Jerry at 719-783-2938
or email me: email@example.com
The house is fully functional and livable. I am the builder & owner of this straw bale home. I own the house outright (and have no mortgage). I have built three strawbale houses in this area and have worked on several other straw-bale projects. This home was built as my home; this means I put in extra quality work and features in this house. The heavy construction is complete, that's about 85%; now some finish/detail work remains. Since, this house is presently completely functional and livable as it is, this will allow you to move in immediately and live in it as you finish it. It would take a capable person about one month, full time, to complete the house. Equity wise, you could hire out the work and still come out ahead.
To make this house complete, the additional, light-technical projects would range between $12K to $20K: this is mostly in labor-estimated costs. Most of the materials and supplies required to finish the house have already been purchase and are included with the purchase of the house. The final amount or work and money would depend on what you decide is needed. This would be easy equity for someone with the ability to complete these projects (or the ability to learn).
There is nothing that requires immediate attention and you can get to the projects (mentioned at the end of this description) when it is convenient. While I do not want to hire myself out to finish the house, I will consider doing so, if that is what it will take to close the deal.
*Price - Owner Financing - Interest Free: is negotiable, dependent upon the amount of work that remains incomplete, ($145K as is - $185K completed), $10,000 discount for full payment! As I continue to complete the finish work, the price margin will become less flexible. This is a good price considering straw bale homes in other strawbale communities start at about $250K.
I will consider owner financing with $100,000 down, $1250 a month*, ( minus $100 off the monthly payment for each 5% increase in down payment ) - the trade-off is that it is Interest free. This down-payment is the best that I can do for now, as I have to use this money to build my new home, although, the monthly payment can be reduced by increasing amount of money down.
*(Annual payment option: Annual advance payment will be for 11 months - one month free.)
Discount - Balance Paid in Full before due: If you decide to pay the balance early, you will be able to discount.one month’s payment for each financed year remaining, (up to $1250 for each year), plus, any partial year prorated. This allows you, upon completion of the house, refinance with a bank at a lower monthly payment and payoff the existing, discounted, balance.
The Area and Location
This 6 year old home, is in the South Central Rocky Mountains of Colorado. It is on 5 acres with 400+ pine trees. It is on a cul de sac type road which has no traffic. There are two other summer weekend retreat homes on this road, so you have it all to you self, most of the time. Westcliffe is in Custer County and is the nearest town, 18 miles to the north. Custer County’s population is 3,500 and is not a substantial center for tourism, therefore living here is quiet and easy. The property is 75 miles southwest of Colorado Springs. Denver is 135 miles away.
Electric lines are underground. Pine trees cover the area with occasional meadows and grass land valleys. The homes in the area are on five to 35 acre parcels with county maintained roads (including winter snow removal). The homes are mostly custom built in the $130,000 to $1,000,000+ price range. There are a few newer modular homes but no mobile homes.
This property sits in the Wet Mountains at 8750 feet elevation above a 7500 foot-elevation valley, and across from the 14,000 ft., snow covered, Sangre de Cristo Mountains. The property has abundant wildlife. I continuously see deer, bear, bobcats, lynx, coyotes, foxes, squirrels, rabbits, chipmunks, and a beautiful variety of birds. The animals are free to roam with few fences in the area. Several deer trails crisscross the property.
It is very quiet and peaceful here, and it has been the ideal setting to concentrate on a book I've been writing. When the house was fully livable in 2007 and a still a little rustic, I slowed down working on the house, which is about when I started writing. Like the house, the book is almost finished, and I decided to move closer to the ocean. I would like to spend one more winter here to finish the book; I love the contrast of the of winter in a warm straw bale home. We can work out a favorable rent payment or discount for my winter occupancy, unless you need a place sooner.
The house sits on a slightly sloped, northern side of a pine-forested hill above a meadow know as Antelope Valley, which is what the subdivision is named. The house’s interior is 1200 sq. ft., and is 1400 sq., ft. on the exterior (keep in mind the straw-bale walls are 20” deep with stucco coat). It has two hexagon (bay-front type) entrances; therefore, the dimensions and sq. footage will be approximate and vary slightly. If viewed as two sections perpendicular to each other and sharing a common wall, the house exterior dimensions are 30’ x 25’ and 30’ x 21’, plus an 8’ x 8’ rear entry mud-room and a spacious loft over half one section.