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    1301 County Rd 119

    Pagosa Springs, CO 81147
    • $12,950,000
    • STATUS: Active
    • ON SITE: 254 days
    • MLS #: 776552
    UPDATED: 52 min ago
    $12,950,000
    • 0
      BEDS
    • 492
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Farm
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    Listing courtesy of Galles Properties.


    Description

    Located in the charming mountain town of Pagosa Springs, CO, Reservoir Ranch presents the unique opportunity to purchase 492+/- acres in a highly coveted location for use as a private residential ranch property or a County-approved mixed-use development opportunity. Within walking distance of the famous Pagosa Hot Springs and all downtown amenities, Reservoir River Ranch offers a rare combination of accessibility and serene privacy with staggering mountain views, lush, irrigated meadows, creeks and ponds, fencing and miles of access roads and trails for hiking, biking, ATVs and horseback riding. This Pagosa Springs real estate property also enjoys ownership of extensive documented senior water rights from multiple sources. While the property can be retained as an amazing private family ranch, it has the benefit of a transferable Development Agreement with Archuleta County, providing for long term vested development rights extending through September 1, 2034. The vesting allows for over 1,200 units in total (less the allocations to parcels not included in the subject offering) and some mixed uses. A copy of the Development Agreement and accompanying conceptual development plan is available upon request. There is a high capacity main power line running across the ranch, which also contains newly installed fiber-optic lines, and the regional power transfer station is conveniently located across from the property. Recognized and awarded by the State of Colorado for top-tier forest Stewardship, conservation and fire prevention practices on the property, ownership has also documented research into the possible use of geothermal resources for power and greenhouse support. This rare property offering and its various development parcels are available in bulk sale, but ownership would consider the sale of individual development parcels with appropriate pricing allocations. Please contact the Listing Brokers for maps, development documentation and additional information on this unique opportunity.

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    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-07-30T08:56:23.517.
    www.crestedbutteliving.com/homes/111965791
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    1301 County Rd 119 Pagosa Springs, CO 81147

    • Price: $12,950,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 776552
    0
    Beds
    0
    Baths
    0
    ½ Baths
    492
    Acres
    Neighborhood:
    None
    County:
    Archuleta
    Area:
    Ps01 (Old Pagosa Springs)
    Elementary School:
    Pagosa Springs K-4
    Middle School:
    Pagosa Springs 5-8
    High School:
    Pagosa Springs 9-12
    Property Description
    Located in the charming mountain town of Pagosa Springs, CO, Reservoir Ranch presents the unique opportunity to purchase 492+/- acres in a highly coveted location for use as a private residential ranch property or a County-approved mixed-use development opportunity. Within walking distance of the famous Pagosa Hot Springs and all downtown amenities, Reservoir River Ranch offers a rare combination of accessibility and serene privacy with staggering mountain views, lush, irrigated meadows, creeks and ponds, fencing and miles of access roads and trails for hiking, biking, ATVs and horseback riding. This Pagosa Springs real estate property also enjoys ownership of extensive documented senior water rights from multiple sources. While the property can be retained as an amazing private family ranch, it has the benefit of a transferable Development Agreement with Archuleta County, providing for long term vested development rights extending through September 1, 2034. The vesting allows for over 1,200 units in total (less the allocations to parcels not included in the subject offering) and some mixed uses. A copy of the Development Agreement and accompanying conceptual development plan is available upon request. There is a high capacity main power line running across the ranch, which also contains newly installed fiber-optic lines, and the regional power transfer station is conveniently located across from the property. Recognized and awarded by the State of Colorado for top-tier forest Stewardship, conservation and fire prevention practices on the property, ownership has also documented research into the possible use of geothermal resources for power and greenhouse support. This rare property offering and its various development parcels are available in bulk sale, but ownership would consider the sale of individual development parcels with appropriate pricing allocations. Please contact the Listing Brokers for maps, development documentation and additional information on this unique opportunity.
    Exterior Features

    Acreage Range 200+ Acres Approx Irrig Acres 450 Barn No Carport No Corral Yes Fronts WaterPonds Garage No Irrigation System Rights Deeded WaterOpen Ditch Pasture Yes Property Description OtherPasturesWooded Lot Sewer Engineered Septic Street Description City/TownCountyPavedPrivateState Highway Topography LevelOtherRollingSloped Views Lake/Pond/ReservoirMountainsOtherValley Water Public Water Well No Waterfront OtherPond Waterfront YN Yes

    Interior Features

    Additional Living Quarters No One Quarter Baths 0 Total Office Dens 0

    Property Features

    Adjudicated Yes Annual Irrig Cost 150 Can Be Divided Yes Covenants No Current Use CattleHorsesAg/LivestockHay ProductionOtherPastureGrazing Green Certification No Hoa No Horse Setup No Irr Water Desc Amnt 7.75 Irrigation Water District Multiple Leased No New Construction YN No Possible Property Use Ag/LivestockCattleCommercialGrazingHay ProductionHorsesHuntingIrrigated FarmlandOtherPastureRecreationResidential Single FamilyTree Farm Press System No Property Type AgricultureCommercialMulti-UseOtherResidential/Single FamilyUndeveloped Reo Lender Owned No Tax Year 2019 Total Taxes 4181.84 Type No Residence Utilities Electricity NearInternetNatural Gas NearOtherPhone Near Water Rights Yes Zoning CommercialMulti-Use

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-07-30T08:56:23.517.
     
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    Dawn Howe Group | Keller Williams Realty
    218 Maroon Ave. Unit C
    Crested Butte CO, 81224
    Listing courtesy of Galles Properties.