NOT LISTED FOR SALE

11981 County Road 74 Eaton, CO 80615

Severance Area

Estimated Value: $607,000 - $5,622,000

3 Beds
3 Baths
2,616 Sq Ft
$767/Sq Ft Est. Value

Sale Details

Date Sold: December 19, 2024

Last sale price $4,800,000 $1,835 Per Sq Ft

Current estimated payment $11,355 / mo

159 Days on Market

Highlights

  • Lake Front
  • 281 Acre Lot
  • Partially Fenced Property
  • Horses Allowed On Property
  • No HOA
  • Crops

About This Home

As of December 2024

This expansive 281-acre property in Weld County, Colorado, offers stunning mountain and water views, making it a prime location for both agricultural and potential upscale development opportunities. The property boasts three functioning reservoirs. Two of these reservoirs serve the farm, while the third provides water to a neighboring Metro District. Water rights are substantial, including, 3 Shares Windsor Reservoir, 6 Shares Larimer & Weld Irrigation Company, 2 Shares Larimer & Weld Reservoir and 1.5 Shares Roullard Lateral. Additionally, there is a North Weld water tap for domestic use. Conveniently located with easy access to Harmony Road, the property is just ten minutes from Windsor, Eaton, and Greeley, and fifteen minutes from I-25, ensuring quick and easy connections to nearby towns and major highways. The Great Western Trail runs along the north side of the property, enhancing recreational appeal. Currently used as a full-scale farming operation with livestock infrastructure in place, the property includes multiple outbuildings that support various farming activities. The property is currently farmed under a third-party lease. The area surrounding the property is beginning to see upscale development, indicating a growing interest and potential for future growth and value appreciation. While currently used for agriculture, the property's size, location, and scenic views make it suitable for various other developments, such as upscale residential communities, private estates, or recreational facilities. This 281-acre property in Weld County is a rare find, combining a robust agricultural setup with significant development potential. Its excellent location, extensive water rights, and existing infrastructure make it an attractive investment for farmers, developers, and investors alike.

Last Agent to Sell the Property

Shana Morgan

NorthStar Realty of Colorado Brokerage Email: shana@shanare.com License #100081273 Listed on: 05/22/2024

Last Buyer's Agent

Taylor Dunnigan

Hayden Outdoors - Windsor License #100083077

Hayden Outdoors - Windsor

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1894

Lot Details

  • 281 Acre Lot
  • Lake Front
  • Partially Fenced Property
  • Irrigation
  • Total of 4 parcels being sold. See documents for complete legal description.
  • Property is zoned Ag

Property Views

  • Lake
  • Mountain

Home Design

Schools

  • Eaton Elementary And Middle School
  • Eaton High School

Farming

  • Crops
  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Three-Phase Power
  • Agricultural Well Water Source
  • Septic Tank

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Mineral rights. Oil and gas assets. Pivot and agricultural iron.
  • Assessor Parcel Number R5243108

Property Details

Property Type

Other

Est. Annual Taxes

$4,125

Year Built

Built in 1894

Lot Details

281 Acres

Listing Details

  • Property Type: Farm
  • Property Sub Type: Farm
  • Structure Type: House
  • Year Built: 1894
  • Above Grade Finished Sq Ft: 1922
  • Current Use: Agricultural, Tenant/Leased, Livestock
  • Exclusions: Mineral rights. Oil and gas assets. Pivot and agricultural iron.
  • Living Area: 2616
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • REC_WaterMineralRights: Seller Retains Mineral Rights,Water Rights
  • Ratio Close Price By Original Li: 0.90566
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Below Grade Sq Ft: 694

Exterior Features

  • Roof: Other
  • Construction Materials: Other
  • View: Lake, Mountain(s), Water
  • Road Frontage Type: Public
  • Waterfront Features: Lake

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Wood
  • Water Source: Agriculture/Ditch Water, Public
  • Electric: Phase 3

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Eaton

Lot Info

  • Horses: Yes
  • Lot Size: 281
  • Parcel Number: R5243108
  • Lot Size Acres: 281
  • Fencing: Partial
  • Possible Use: Agricultural, Livestock, Residential
  • Additional Parcels Description: Total of 4 parcels being sold. See documents for complete legal description.
  • Building Area Total: 2616
  • Lot Features: Ditch, Irrigated
  • Lot Size Sq Ft: 12240360
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4125

MLS Schools

  • Elementary School: Eaton
  • High School: Eaton

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Dec 19, 2024
Sold by
Bought by
Seller's Agent
Shana Morgan
NorthStar Realty of Colorado
Buyer's Agent
Taylor Dunnigan
Hayden Outdoors - Windsor
List Price
$5,300,000
Sold Price
$4,800,000
Premium/Discount to List
-$500,000
-9.43%
Views
17
Current Estimated Value
$2,006,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,793,597
Avg. Annual Appreciation
-41.63%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Eaton, CO

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,800,000 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $4,800,000 -9.4% $1,835 / Sq Ft
05/22/2024 05/22/24 For Sale $5,300,000 -- $2,026 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,918 $52,150 $28,940 $23,210
2025 $4,614 $55,380 $31,250 $24,130
2024 $4,614 $55,380 $31,250 $24,130
2023 $4,125 $68,100 $32,000 $36,100
2022 $4,378 $63,310 $33,920 $29,390
2021 $5,251 $67,890 $37,260 $30,630
2020 $4,301 $60,730 $36,910 $23,820
2019 $4,406 $60,730 $36,910 $23,820
Source: Public Records

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Map

Source: REcolorado®

MLS Number: 9884279

REcolorado®

APN: R5243108

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