28444 Us-160, Bayfield, CO 81122
Discover Serenity Ranch, a remarkable 250-acre property nestled between Durango and Pagosa Springs, Colorado. This exceptional land boasts stunning natural beauty, bordered on three sides by the San Juan National Forest. The diverse landscape features lush meadows, ridges adorned with Ponderosa Pines, Gamble Oak, and Aspens, and a tranquil stream running along the eastern boundary. Several ponds provide water for livestock and attract abundant wildlife, including deer, elk, bear, and various bird species. A well-constructed gravel driveway provides access to most of the ranch, complemented by two-track trails for exploration. Underground electricity reaches five locations, and a 10GPM water well is already in place. The property offers multiple private homesite locations, allowing for the development of up to three large homes. A conservation easement safeguards the land's natural beauty while permitting these building opportunities. Historically used for cattle ranching, hunting, and recreation, this property offers unparalleled privacy and easy access from Highway 160, just 15 minutes from Bayfield and 25 minutes from Pagosa Springs. The permitted zoning is Residential/Agricultural. This is an exceptional opportunity for those seeking a secluded retreat with abundant recreational possibilities. The asking price is $2,650,000.
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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