0 Tbd Homestead Government Spg Rd Montrose, CO 81403
This exceptional 221-acre ranch in Ouray County, Colorado, presents a unique opportunity. Located near Montrose (zip code 81403), this property boasts diverse terrain, including rolling topography, lush meadows, and forested areas dominated by ancient Ponderosa pines, with some Pinion, Juniper, and Oak. A year-round tributary of Delores Creek, along with springs and small ponds, provides abundant water resources. Recent brush thinning has enhanced fire mitigation. Wildlife is abundant, with elk, mule deer, moose, turkey, bear, and mountain lion roaming the land. Access is year-round via paved county roads and private, gated gravel roads. The property includes a rustic 1,200+ square foot, four-bedroom, one-bathroom cabin, ideal as a hunting cabin or guest house. Multiple potential home sites are available, arguably among the best in Colorado. Conveniently located near the Cornerstone Club golf course, the ranch has direct access to power and natural gas. Enjoy easy access to Telluride's slopes, Ouray's ice climbing, and Montrose Regional Airport (with flights from major US cities) within a short drive. Offered at $2,660,000. This legacy ranch represents an unparalleled investment opportunity, perfect as a family retreat or seasonal getaway. The property is bordered on the west by National Forest land, offering stunning views of the San Juan, Cimarron, and West Elk Mountains.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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