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Waterfront Irrigated Ranch Land

15157 County Road 500 Pagosa Springs, CO 81147

15157 County Road 500, Pagosa Springs, CO, 81147
$1,900,000
For Sale
$1,900,000

LAND - Pagosa Springs, CO

Lot Size102.11 Acres
Days on Market180

Property Features for 15157 County Road 500

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
102.11 Acres

Utilities

Water front
1
Listing Agency Pagosa Land Company
Pagosa Springs, CO
Listed by Matt Ford
Added: Jan 21 Updated: Jun 9 at 12:09 pm Checked: Jul 20 at 3:06 pm
MLS# 831047

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Diamond M Bar Ranch is a 102+/- acre property featuring approximately 3/4 mile of San Juan River frontage, including portions where both banks are within the tract. The land includes irrigated pasture with senior water rights delivered via Virginia Ditch, which provides 2.5 CFS of water rights to about a 38-acre pasture that is gently sloped and easily irrigated. An additional 4.0 CFS of water rights historically associated with the same ditch is also conveyed. The ranch is accessed via an existing rough-cut driveway and includes an elevated mesa in the northwest corner with multiple building site options, including the meadow, the mesa with views over the river and pasture, or a more set-back home site for additional privacy. No HOA is indicated.

The property is located 16 miles south of Pagosa Springs off Trujillo Road in Archuleta County. The terrain slopes gently upward from the river and irrigated meadow before rising quickly to the mesa, with river and mountain views toward the South San Juan and Chalk ranges.

This offering is best suited to buyers seeking an outdoor-oriented ranch setting with river frontage and established irrigation water rights. The ranch’s terrain and buildable areas can support different site layouts depending on how a buyer wants to balance proximity to the river, meadow views, and privacy. While the ranch is not currently operable for irrigation via pumping and sprinklers, it is approved for an alternative diversion site for buyers interested in transitioning irrigation methods, subject to further due diligence for the use of the additional water rights.

Key Highlights

  • 102+/- acres on the San Juan River with 4,100 feet of river frontage, including about 1/3 with both banks.
  • 3/4 mile of San Juan River frontage, with potential for a short float and accessible put‑in/take‑out locations.
  • Irrigated pasture with senior water rights: Virginia Ditch delivers 2.5 CFS to an approximately 38‑acre pasture.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ranches

FAQs

What type of property is this?
Ranch - Ranch land with 3/4 mile of San Juan River frontage and irrigated pasture supported by senior water rights.
Where is this ranch located?
The property is located at 15157 County Road 500 Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 102+/- acres on the San Juan River with 4,100 feet of river frontage, including about 1/3 with both banks.; 3/4 mile of San Juan River frontage, with potential for a short float and accessible put‑in/take‑out locations.; Irrigated pasture with senior water rights: Virginia Ditch delivers 2.5 CFS to an approximately 38‑acre pasture.
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