Keystone Land and Building Sites
Land in Keystone can show up as a 1/4 acre lot for over $600,000 or a 5 acre parcel for $35,000, which puzzles many people. The cheaper parcel is always an old mining claim that is almost impossible to access unless on foot, and it is usually above treeline. About all it is good for is to be bought by a developer to transfer the density (density is the right to build one home) from that lot to a new condo complex where the density is wanted. The mining claim then becomes open space with no right to build on it at all. The Forest Service cannot deny you the right to build on land you own, even if their land surrounds yours, but they can and do make access very difficult. For instance, the driveway must be wide enough for a fire truck to be able to negotiate and turn around and of course, with no fire hydrants nearby, the home would have to be sprinklered. Lots of rules and regulations means that seldom does anyone build on the mining claims.