Views
Address
1301 County Rd 119 Pagosa Springs, CO
Price
$ 12,950,000
Property Attributes
  • MLS#775746
  • TypeLand
  • CountyARCHULETA
  • CityPagosa Springs
  • AreaPS01
  • Zip81147
  • StyleResidential
  • Taxes4181
  • Price$ 12,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size492 Acres
Listing Provided Courtesy Of:
Galles Properties
Data Source:
Colorado Real Estate Network
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, ATV’s 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.

Elementary School Middle School High School
Pagosa Springs K-4 Elementary School Pagosa Springs 5-8 Middle School Pagosa Springs 9-12 High School
Price History
10/21/2020 Listed $12,950,000

General Features

Class LAND
Hoa Y/n No
Property Description Pasture, Wooded Lot
Status Active
Status Active
Subdivision None
Topography Level, Other, Rolling, Sloped, Steep
Type Residential
Utilities Cable TV, Electricity Near, Internet, Natural Gas, Phone - Cell Reception, Phone Near
View Lake/Pond/Reservoir, Mountains
Water Tap Avail Yes
Waterfront Other, Pond
Zoning Agriculture, Business, Commercial, Residential Multi Family, Residential Single Family

Exterior Features

Apx. Irrigation Acres 485
Domestic Sewer Engineered Septic
Domestic Water Public
Lot Size Area 492
Water Rights/irrig. Yes
Waterfront No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 81147

Price
AVG $350K
$12.95M
Taxes
AVG $1,133
$4,181
Visits
AVG 31
109