1118 E Main Street, Cortez, CO, 81321
About This Home
Prime 1.2-Acre Property with Endless Potential! Discover an incredible opportunity with this 1.2-acre property that stretches from Main Street all the way to Montezuma Avenue, offering both visibility and versatility. Currently featuring an older 2-bedroom, 1-bath home and a detached garage, the property is zoned commercial but presently identified as residential with the county assessor. Whether you’re looking to create your own residence, establish a business location, or pursue future development, this property provides a unique canvas for your vision. With the right steps through the planning and zoning process, the possibilities are wide open. Make it your home, your business, or your next investment — the opportunity is here!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1938
Materials
- Roof: Composition
- Construction materials: Metal Siding
Type & Style
- Home type: SingleFamily
- Property subType: Stick Built
Interior
Appliances
- Appliances included: Range,Refrigerator,Washer
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Separate Dining
Features
- Flooring: Hardwood,Linoleum
- Finished area above ground: 960
Interior Area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Details
- Parcel number: 561125200013
- Attached to another structure: Yes
- Zoning description: Commercial
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Has view: Yes
- View description: Mountain(s)
Lot
- Lot size: 1.20 Acres
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Cold Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,663 | $19,956 |
| Home Insurance * | $92 | $1,104 |
| Property Taxes | $79 | $948 |
| Electricity | $186 | $2,232 |
| Total | $2,020 | $24,240 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-02 | Listed for sale | $329,000 |
| 2026-05-01 | Listing removed | $329,000 |
| 2025-10-28 | Listed for sale | $329,000 |
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