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Property Description
Poncha Meadows 2 – Gateway to Rocky Mountain Living! Following the sold-out success of Poncha Meadows 1, Poncha Meadows 2 is poised to be just as sought-after! Nestled in the heart of Poncha Springs and minutes from historic downtown Salida, this thoughtfully planned community offers affordable home sites with public utilities, stunning mountain views, and future parks and picnic areas — the perfect blend of mountain charm and modern convenience. Enjoy an unbeatable lifestyle with access to hiking, biking, skiing, kayaking, and fishing right outside your door. Located in the highly regarded Salida School District, Poncha Meadows places you in the heart of Colorado’s outdoor paradise while keeping you close to everyday essentials. Enjoy a craft beer at Elevation Beer Company, or stroll to nearby restaurants, coffee shops, and the local grocery store—all just steps away. This lot is zoned for a single-family home plus an ADU (Accessory Dwelling Unit), giving you flexibility for full-time living, rental income, or a mountain getaway. With over half the lots already pending, now is the time to secure your spot in this fast-growing community. Call today for availability and details. Subdivision map and more info: www.ponchameadows2.com
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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