31 U, Norwood, CO 81423
Discover Cougar Ridge Ranch, a sprawling 335± acre property nestled in San Miguel County, Colorado, approximately an hour from Telluride. This exceptional ranch offers a tranquil escape with convenient access via a maintained county road. The property boasts prime wildlife habitat, including elk, deer, bears, and the endangered Gunnison sage grouse, alongside a variety of birds and other animals. Elevations range from approximately 7,700 to 7,960 feet, with Log Corral Creek providing a water source. A short-term grazing lease is currently in place, preserving a grazing exemption. Enjoy breathtaking views of Lone Cone and Miramonte Reservoir, with several ideal homesite locations featuring stunning vistas. Underground electricity is already installed, making it perfect for building a dream home or rustic cabin. The ranch borders the Dan Noble State Wildlife Area to the north and east, providing direct access to public lands. Miramonte Reservoir, known for its excellent trout fishing, borders the property to the east, offering additional recreational opportunities. Whether you seek a hunting retreat, a weekend getaway, or a permanent residence, this unique property presents an unparalleled opportunity to embrace the beauty of Colorado's landscape. Asking price: $1,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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