19891 Road G Cortez, CO 81321
This exceptional 156-acre property in Cortez, Colorado, presents a unique investment opportunity. Located in beautiful McElmo Canyon, just 10 minutes from Cortez and 18 miles from Mesa Verde National Park, this expansive land boasts a substantial main residence. The home features high ceilings, granite, slate, and tile finishes, and is constructed with energy-efficient strawbale construction and in-floor radiant heating. Large windows and arches provide abundant natural light and stunning views. The open floor plan includes a see-through fireplace separating the living room from a spacious master bedroom with a seating area and access to courtyard gardens and a patio. The property includes established pastures, water rights sufficient to support up to five vineyards (with existing irrigation systems), and an orchard, creating a picturesque setting. The McElmo Creek winds through the almost fully fenced property (excluding the creek drop-off). This versatile land offers diverse potential uses, including hay production, grape and fruit cultivation, or as a family compound. The property's proximity to Cortez and Mesa Verde, combined with its unique features and ample acreage, makes it an attractive investment for a variety of purposes. The asking price is $1,725,000. The property is 100% owned.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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