$715,000
SOLD MAY 20, 2024

16767 U S 491 Cortez, CO 81321

98 Acres
$7,297 Price per Acre
4,268,444 Sq Ft Lot

Recently Sold

199 Days on Market

Highlights

  • Horses Allowed On Property
  • 97.99 Acre Lot
  • Pasture
  • Home fronts a pond
  • Mountain View
  • Hay Barn

About This Lot

As of May 2024

Irrigated farm and ranch north of Cortez, Colorado with 98 more or less acres, 80 shares of Montezuma Valley Irrigation (MVI) plus live water. MVI water comes from McPhee Reservoir which is the 2nd largest reservoir in the state, and one MVI share = 5.62 gallons per minute of water. The live water is in the Lee Ditch which includes 3 c.f.s adjudicated water for farming and livestock with a historic date of 1910. Property is fully fenced, has 5 siderolls and outstanding mountain views. There's easy access off of State Highway 491, with wide shoulders and good visibility. Once the old barn and stackyard are cleared it's the ideal setting for a home site and new barn. Access to mature shade trees, including an apple tree, live water and pond are ideal for livestock. The fields have been used for grazing for many years now and will need a little attention to get the irrigation system back to its peak. Outstanding horse property with the perfect location for a barndominium. This is good farmland and has historically produced some of the best quality hay in the Four Corners region.

Last Agent to Sell the Property

Randy Carver

Altitude Realty

Co-Listed By

Julie SUCKLA

Altitude Realty

Last Buyer's Agent

Randy Carver

Altitude Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $549

Lot Details

  • 97.99 Acre Lot
  • Home fronts a pond
  • Cross Fenced
  • Property is Fully Fenced
  • Barbed Wire
  • Level Lot
  • Property is zoned Agriculture

Property Views

  • Mountain
  • Valley

Schools

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

Farming

  • Hay Barn
  • 80 Irrigated Acres
  • Hay
  • Pasture
  • Cattle
  • Hogs
  • Livestock
  • Sheep or Goats

Additional Features

  • Horses Allowed On Property
  • Irrigation Water Rights

Community Details

  • Stream Seasonal

Listing and Financial Details

  • Security Deposit $20,000
  • Assessor Parcel Number 535719400010

Property Details

Property Type

Land

Est. Annual Taxes

$549

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Horse Setup: Yes
  • Legal Lot Block: Section: 19 Township: 37 Range: 16 N1/2SE1/4 & NE1/4 W OF HWY; 103.98AC B 702 P 14-17
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 101-200 Acres
  • Parcel Id Number: 535719400010
  • Street Descriptionaccess: State Highway, Public Winter Maintenance
  • Waterfront Type: Pond, Seasonal Stream/Spring
  • Zoning: Agriculture
  • Domestic Water: Tap Available
  • Type: Agricultural
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 80
  • Estimated Total Acres: 97.99
  • Current Property Use: Hay Pasture/Prod., Ag/Livestock, Irrigated Farmland, Pasture(irrigated)
  • Em Deposit: 20,000
  • Possible Property Use: Commercial, Ag/Row Crops, Dairy, Orchard, Tree Farm
  • Water Rights Irrigation: Yes
  • Irr Water Descamnt: 80MVI 3cfs
  • Mineral Rights: Unknown
  • Price Acre: 7321.79
  • Topography: Level, Rolling
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Hay Barn
  • Price per Sq Ft: 0.17
  • Sold Priceacre: 7296.66
  • Water Tap Available: Yes
  • Total Taxes Dollar: $549.44
  • Prop Description Remarks: Irrigated farm and ranch north of Cortez, Colorado with 98 more or less acres, 80 shares of Montezuma Valley Irrigation (MVI) plus live water. MVI water comes from McPhee Reservoir which is the 2nd largest reservoir in the state, and one MVI share = 5.62 gallons per minute of water. The live water is in the Lee Ditch which includes 3 c.f.s adjudicated water for farming and livestock with a historic date of 1910. Property is fully fenced, has 5 siderolls and outstanding mountain views. There's easy access off of State Highway 491, with wide shoulders and good visibility. Once the old barn and stackyard are cleared it's the ideal setting for a home site and new barn. Access to mature shade trees, including an apple tree, live water and pond are ideal for livestock. The fields have been used for grazing for many years now and will need a little attention to get the irrigation system back to its peak. Outstanding horse property with the perfect location for a barndominium. This is good farmland and has historically produced some of the best quality hay in the Four Corners region.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Fence: Barbed Wire, Cross Fence, Full Property
  • Views: Mountains, Valley
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Near, Phone - Cell Reception
  • Electric Supplier: Empire Electric Association, Inc
  • Irrigation Water District: MVI
  • 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

Tax Info

  • Tax Year: 2023

MLS Schools

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

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $715,000 -0.3% --
03/22/2024 03/22/24 Pending -- -- --
09/05/2023 09/05/23 For Sale $717,462 -- --
Source: Colorado Real Estate Network (CREN)

Source: Colorado Real Estate Network (CREN)

MLS Number: 807658

Colorado Real Estate Network (CREN)

Colorado Montezuma County Cortez 81321

16767 U S 491, Cortez, CO

Homes for Sale in Cortez, CO

This home is located at 16767 U S 491, Cortez, CO 81321 and is currently priced at $715,000. 16767 U S 491 is a home located in Montezuma County with nearby schools including Montezuma-Cortez High School, Children's Kiva Montessori School, and Children's Kiva Montessori Preschool & Kindergarten.

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.