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1301 County Rd 119Pagosa Springs, CO 81147Price: $12,950,000

  • Price: $12,950,000
  • Est. Mortgage of $/month
  • 414 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $12,950,000List Price
  • 492Acreage
Listed by Layne Poma and Edward Keyes,Jr. of Galles Properties

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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 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.
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Real Estate listings held by companies other than Grace Golden Country Homes LLC contain that company's name.
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The data on this site was last updated December 8, 2021

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