$2,865,000

16513 Road 20 Cortez, CO 81321

Estimated payment $15,918/month

265.57 Acres
$10,788 Price per Acre
11,568,230 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Lake View
  • Farmhouse Style Home
  • Home fronts a pond
  • 265.57 Acre Lot
  • Separate Outdoor Workshop

About This Lot

Own a 265 acre working farm that has everything you need to make a living in agriculture. You will not find a farm with better water rights in the entire country due to Montezuma Valley Irrigation Company's pre-22 water rights. MVIC derives its water from the Dolores River along with their ownership of the Groundhog and Narraguinnep reservoirs. As an added benefit, the company enjoys the security of the 2nd largest reservoir in the state, the McPhee reservoir where additional rights are stored. The irrigation system has 2 pumps and underground pipelines that deliver water to 8 irrigation systems. The farm has multiple outbuildings, a large hay barn, a machine shop with garage doors, and machinery shed. The RV sight with power close by is perched at a location with fantastic views. The additional insulated building adds even more of a benefit for any who have toys to keep safe from weather. Just below the residence lies an amazing pond with abundant wildlife year round. This 265 piece of land is truly a working farm with everything you need to make a living and enjoy the most fantastic views. This is a once in a lifetime opportunity.

Listing Agent

Randy Carver

Altitude Realty Listed on: 06/23/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,689

Year Built

  • Built in 1935

Lot Details

  • 265.57 Acre Lot
  • Home fronts a pond
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned Agriculture

Property Views

  • Lake
  • Mountain
  • Valley

Home Design

  • Farmhouse Style Home
  • Ranch Property
  • Architectural Shingle Roof
  • Siding

Interior Spaces

  • 847 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

  • Lewis-Arriola K-5 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Farming

  • Hay Barn
  • Crops Farm
  • 200 Irrigated Acres
  • Hay
  • Pasture
  • Cattle
  • Livestock

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Irrigation Water Rights
  • Water Heater
  • Septic System
  • Internet Available

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 535523100074

Property Details

Property Type

Land

Est. Annual Taxes

$3,689

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Farmranch
  • Em Holder: Closing agent
  • Horse Setup: Yes
  • Legal Lot Block: Section: 23 Township: 37 Range: 17 TR IN N1/2; 312.44AC (NO MIN INT) B378 P112 B383 P237 R/464607 LESS the acreage under the canal and to the west that consists of 41.96 acres. This parcel will then be 265.57 acres total
  • Lot Size Acreage: 200+ Acres
  • Parcel Id Number: 535523100074
  • Price Per Sq Ft: 3382.53
  • Residence Style: Farm House
  • Siding: Masonite
  • Street Descriptionaccess: Paved, County
  • Waterfront Type: Pond
  • Zoning: Agriculture
  • Domestic Sewer: Septic
  • Domestic Water: Installed Paid
  • Property Type: Agriculture, Undeveloped
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 200
  • Estimated Total Acres: 265.57
  • Estimated Total Sq Ft: 847
  • Current Property Use: Cattle, Ag/Livestock, Ag/Row Crops, Hay Production, Grazing, Irrigated Farmland, Hunting
  • Em Deposit: 50000
  • Possible Property Use: Ag/Livestock, Ag/Row Crops, Cattle, Hay Production, Irrigated Farmland
  • Property Attached Yn: Yes
  • Water Rights Irrigation: Yes
  • Annual Irrigation Cost: 8500
  • Barn Yn: Yes
  • Can Be Subdivided: Yes
  • Corral Yn: Yes
  • Improvementsstructures: Hay Barn, Equipment Shed, Barn, Corral, Metal Building, Workshop
  • Income Producing: Yes
  • Irrigation Systemrights: Pump, Sprinklers/Big Gun
  • Irr Water Descamnt: 200 shares
  • Leased Yn: Yes
  • Pasture: Yes
  • Press System Yn: Yes
  • Price Acre: 10788.12
  • Topography: Rolling
  • Total Officedens: 0
  • Views Type: Lake/Pond/Reservoir, Mountains, Valley
  • Internet Service: Yes
  • Total Taxes Dollar: 3689.2
  • Year Built: 1935
  • Prop Description Remarks: Own a 265 acre working farm that has everything you need to make a living in agriculture. You will not find a farm with better water rights in the entire country due to Montezuma Valley Irrigation Company's pre-22 water rights. MVIC derives its water from the Dolores River along with their ownership of the Groundhog and Narraguinnep reservoirs. As an added benefit, the company enjoys the security of the 2nd largest reservoir in the state, the McPhee reservoir where additional rights are stored. The irrigation system has 2 pumps and underground pipelines that deliver water to 8 irrigation systems. The farm has multiple outbuildings, a large hay barn, a machine shop with garage doors, and machinery shed. The RV sight with power close by is perched at a location with fantastic views. The additional insulated building adds even more of a benefit for any who have toys to keep safe from weather. Just below the residence lies an amazing pond with abundant wildlife year round. This 265 piece of land is truly a working farm with everything you need to make a living and enjoy the most fantastic views. This is a once in a lifetime opportunity.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Bedrooms: 2
  • Flooring: Carpet
  • Foundation: Not Permanent
  • Full Bathrooms: 1
  • Total Bathrooms: 1

Exterior Features

  • Fence: Partial Property
  • Roof: Architectural Shingles
  • Waterfront: Yes

Utilities

  • Utilities: Electricity
  • Cooling: Evaporative Cooler
  • Electric Supplier: Empire Electric Association, Inc
  • Heating System: Floor Furnace
  • Irrigation Water District: MVIC
  • Water Heater: Electric Water Heater
  • Water Supplier: Montezuma Water Company

Schools

  • Elementary School: Lewis-Arriola K-5
  • Middle School: Cortez 6-8
  • High School: Montezuma-Cortez 9-12
  • High School: Montezuma-Cortez 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Lewis-Arriola K-5
  • Middle School: Cortez 6-8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
2024 $3,222 $74,186 $26,802 $47,384
2023 $3,222 $90,136 $26,802 $63,334
2022 $2,801 $76,216 $31,402 $44,814
2021 $3,027 $76,216 $31,402 $44,814
2020 $2,201 $61,792 $31,745 $30,047
2019 $2,201 $61,792 $31,745 $30,047
2018 $3,084 $63,020 $50,020 $13,000
2017 $2,951 $63,020 $50,020 $13,000
2016 $2,633 $56,930 $41,620 $15,310
2015 $2,610 $301,040 $0 $0
2014 $2,191 $48,880 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $2,865,000 -- $3,383 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 825761

Colorado Real Estate Network (CREN)

APN: R001519

Colorado Montezuma County Cortez 81321

16513 Road 20, Cortez, CO

This home is located at 16513 Road 20, Cortez, CO 81321 and is currently priced at $2,865,000, approximately $3,382 per square foot. This property was built in 1935. 16513 Road 20 is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Randy Carver
Section Image
Altitude Realty
(970) 444-9339