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    OFF-MARKET
    Land

    0 Xxxxxx, Pleasant View, CO 81327

    198 ac lot
    Property ID
    Property summary
    AI-generated overview

    Grand View Farm presents a unique opportunity to acquire a profitable and picturesque hay farm nestled on over 198 acres in southwest Colorado, near the village of Lewis. This expansive property boasts 140 shares of Montezuma Valley Irrigation (MVI) water district rights, ensuring consistent water supply for the thriving alfalfa and grass hay production. The farm features a well-maintained pump house and large pond, utilizing a 12-inch line pumping 900-1000 gallons per minute to the irrigation system. Seven main side rolls, each a quarter-mile long, and one smaller roll, efficiently irrigate the five separate parcels of high-quality hay land. Beyond the cropland, three large pastures and one smaller grass pasture provide ample grazing space, all enclosed by cross-fencing with individual automatic water access. The property's stunning location offers 360-degree views of the La Plata Mountains, Sleeping Ute Mountain, Mount Wilson, and Mesa Verde. The two-story residence provides ample living space with breathtaking mountain views. The upper level features an open floor plan encompassing the kitchen, living, and dining areas, a master suite with a deep soaking tub and walk-in shower, and a guest bedroom with its own bath. The lower level includes a large mudroom, two offices (one with built-in desk space), a half bath, and a spacious barn/storage area (48' x 48') with a 16' ceiling, double sliding doors, running water, and a built-in shop area. Additional improvements include a hay barn, two 12' x 12' horse stalls with rubber padded floors, a three-car garage with a separate workout room and storage, a large dog kennel with a run, and a separate fenced dog run near the house. The property's proximity to Cortez, Durango, and various recreational areas, including reservoirs, ski resorts, and national monuments, adds to its appeal. This exceptional property offers a blend of income-generating potential and a desirable lifestyle in a stunning natural setting. The asking price is $1,950,000.

    Property profile
    Verified
    Property type Land
    Lot 198 ac (8,624,880 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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