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Property profile & analytics
OFF-MARKET
Land

9144 Hwy Pagosa Springs, CO 81147

94.94 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 94.94-acre property, known as the Rusty Spur Ranch, presents a rare opportunity. Located just 4.5 miles west of Pagosa Springs, Colorado, this expansive land boasts convenient paved access via US Highway 160. The ranch offers unparalleled privacy and breathtaking views, thanks to its location and the ridge line running parallel to the highway. Ideal for a variety of uses, including cattle ranching, an equestrian facility, or a private family retreat, the property features multiple desirable homesites. Approximately 14 acres are irrigated and currently used for hay production, yielding 2,000-2,700 bales annually. The ranch is a haven for wildlife enthusiasts, with abundant deer, fox, and other animals. Mature Ponderosa Pines, Gamble Oak, and Cottonwoods line Stollsteimer Creek, which meanders through the property, providing a reliable water source. The property is fully fenced and cross-fenced, and includes several existing sheds, though they require some maintenance. There are no covenants, HOA fees, or conservation easements. This is a blank canvas awaiting your vision, offering a unique blend of natural beauty, convenience, and potential. The property's topography allows for homesites offering both privacy and stunning natural beauty. A rough road provides easy access to the back of the property. The asking price is $998,000.

Property profile
Verified
Property type Land
Lot 94.94 ac (4,135,586 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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