listing
1 of 0
Land
$38,647,000
1270 County Road 240
Glenwood Springs, CO 81601
Listed by: Mirr Ranch Group, 303-623-4545
1,123Sq Ft
Est. Mortgage
$199,589/mo

"The Farm on the Colorado" is a resource-filled, legacy investment opportunity consisting of approximately 1,123-acres in the bustling Colorado River Valley west of Glenwood Springs, and just one hour to Aspen and Vail. Identified in Garfield County's Comprehensive Plan as a prime location for future development, the property is located within the Town of New Castle's Urban Growth Boundary and adjacent to the town border, so depending on a new owner's plans it can be ripe for annexation. This is a large, versatile, farm & ranch that is currently in agricultural use, with over 16 CFS of water rights (that's over 10,800 annual acre-feet) that irrigate approximately 300 acres. With nearly two miles of frontage on the Colorado River, a 10-acre lake for water-skiing and SUP, quality hunting, and scenic views, this asset is not only investment-grade real estate, but a sporting ranch to be enjoyed while a new owner positions the property to meet one's investment and development goals.

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Information courtesy of Mirr Ranch Group is subject to verification and is not guaranteed.
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