While many people believe Mr. Lumbert to be slightly skewed, (heteroskedescity) no one denies that his predictions for the Baca Grande have come true.
When Lumbert started promoting the Chalet lots two years ago they were selling in the $3,000 to $5,000 range. Today it is a rare Chalet Two lot that can be found for less than $10,000.
Those on city water and sewer require a $5,000 tap fee. Most are in Aspen, Pine, and Juniper evergreens
There are about 4,000 lots left in Chalet one and two, of the original 10,000 platted back in 1972. Various nature conservancies and spiritual groups have taken over the rest and it is
just a matter of time before the condos, town houses and time shares come in.
"This mountain community will explode like Sedona or Telluride" Lumbert said, "It is snuggled up against the Sangre de Christo mountains and Great Sand Dunes like a giant cookie waiting
to be eaten."
People who want to bid on the Saguache County auction July 12 should get a bid list from Wendy Maetz at 719-655-2512. Lot reserves are as low as $2,000 for Casita lots and offer to buy
them all, sight unseen, have come in from as far away as Guam. This is REALLY good mountain land.
Call any real estate broker of your choice or Sasha Lovelace at 719-256-4567.