NOT LISTED FOR SALE

18261 Road G Cortez, CO 81321

Estimated Value: $423,000 - $1,597,763

2 Beds
2 Baths
1,705 Sq Ft
$696/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2022

Last sale price $1,400,000 $821 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,336 / mo

Highlights

  • Horses Allowed On Property
  • Solar Power System
  • Creek or Stream View
  • Home fronts a creek
  • 57.95 Acre Lot
  • Radiant Floor

About This Home

As of March 2022

The magic of McElmo Canyon is as appreciated today by artists and writers, vintners and archeologists as it was by The Ancients, who chose to settle in this majestic area thousands of years ago. One of the nation's precious hidden gems and perhaps its next Napa Valley, this amazing canyon's property is ripe for the picking. This water-rich 58 acres is anchored by a beautiful stone house built in 1899, and completely updated circa 2006. One of the first homesteads in the canyon, it is shaded by 140-year-old cottonwood trees, and surrounded by apple, pear, peach, cherry and plum trees, a 3-acre vineyard, gorgeous landscaping and a wonderful patio from which to enjoy it all. The "proof-of-concept" vineyard produces enough Baco Noir, Chambourcin, Cabernet Franc and award-winning Traminette grapes to create 3000+ bottles of your own wine a year. Wine-making equipment in the barn! Or sell your grapes to one of the local wineries. In the farmhouse, a warm living-dining-kitchen area wraps around the original stone fireplace. Also on this level are the laundry room and a full bathroom. Upstairs are the master bedroom, bathroom and a romantic balcony overlooking the vineyard, as well as a second bedroom. The house is serviced by a brand new boiler and city water, and the land by extensive water rights. The large, paid-for array of solar panels power all the irrigation equipment and produce more electricity than is being used. McElmo Creek runs through the lower level of the property—a completely private, flat area. This is an Airbnb and VRBO paradise! Reminiscent of southern France, a short-term rental here would likely be booked solid, judging by the success of other vacation rentals in the canyon. Incredible backdrop for weddings and other events. Serve your guests breakfast at the farmhouse, evening wine on the flagstone patio, and during the day send them off with a packed lunch to enjoy Sand Canyon—gateway to Canyons of The Ancients—just down the road, to Mesa Verde, Hovenweep or any of the other incredible sites nearby. (Please note: Montezuma County is open to ideas like these, but anything more than short-term rentals needs to be approved.) With the airport an easy 5 miles away, the lovely weather almost guaranteed by its location in horticultural zone 7a, and the ambience already built in, this fertile oasis is a dream destination.

Last Agent to Sell the Property

Kim Cofman

Legacy Properties West Sotheby's Int. Realty Listed on: 01/21/2022

Legacy Properties West Sotheby's Int. Realty

Last Buyer's Agent

Hilary Priestley

Regents Real Estate Group ERA Powered

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1899

Lot Details

  • 57.95 Acre Lot
  • Home fronts a creek
  • Property is Fully Fenced
  • Landscaped
  • Irrigation
  • Property is zoned Agriculture

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Metal Roof
  • Stone Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,705 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Radiant Floor
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed

Schools

  • Battle Rock K-6 Elementary School
  • Cortez 6-8 Middle School
  • Montezuma-Cortez 9-12 High School

Farming

  • 40 Irrigated Acres
  • Pasture
  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Farm Equipment
  • Horses Allowed On Property

Utilities

  • Heating System Uses Propane
  • Heating System Powered By Owned Propane
  • Baseboard Heating
  • Irrigation Water Rights
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 561334300005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

Built in 1899

Lot Details

57.95 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Irrigation Acres: 40
  • Estimated Total Acres: 57.95
  • Class: RESIDENTIAL
  • Em Deposit: 25,000
  • Em Holder: CTCS
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Patio, Farm Equipment, Balcony, Covered Porch
  • Legal Lot Block: Section: 3 Township: 35 Range: 17 TRS IN LOTS 3-4; 17.03AC B436 P169 B497 P679 B629 P532 B684 P235 B715 P536
  • Listed In Other Class: Yes
  • List Price per Sq Ft: 879.18
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 35+
  • Parcel Id Number: 561334300005
  • Price Per Sq Ft: 821.11
  • Property Description: Pasture
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Farm House
  • Sale/Rent: For Sale
  • Siding: Stone, Stucco
  • Sold Price Sq Ft: 821.11
  • Street Descriptionaccess: County, Paved
  • Waterfront Type: Creek
  • Zoning: Agriculture, Residential Single Family
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 1072
  • Year Built: 1899
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Tile, Stained/Stamped Concrete
  • Estimated Total Sq Ft: 1705
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Foundation: Slab
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Fence: Full Property
  • Exterior Structures: Metal Building
  • Roof: Metal
  • Views: Mountains, Valley, Stream/River

Utilities

  • Utilities: Electric, Propane-Tank Owned, Solar
  • Electric Supplier: Empire Electric Association, Inc
  • Gas Supplier: Propane
  • Heating System: Electric Baseboard, Floor Radiant, Fireplace
  • Irrigation Water Description Amount: 1.525 CFS (122 shares)
  • Irrigation Water District: El Primo & Wilson Ditches
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Montezuma Water Company

Schools

  • High School: Montezuma-Cortez 9-12

Green Features

  • Green Power: Solar(Photovoltaic)

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Battle Rock K-6
  • Middle School: Cortez 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 31, 2022
Sold by
Dave Grenoble and Carol Grenoble
Bought by
Stonehouse Vineyards Llc
Seller's Agent
Kim Cofman
Legacy Properties West Sotheby's Int. Realty
Buyer's Agent
Hilary Priestley
Regents Real Estate Group ERA Powered
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%
Current Estimated Value
$1,186,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$213,412
Avg. Annual Appreciation
-3.96%
Original Mortgage
$650,000
Outstanding Balance
$589,352
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$597,236

Purchase Details

Closed on
May 21, 2010
Sold by
Tambre Jessica
Bought by
Grenoble Dave and Grenoble Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2003
Sold by
Pinkerton Sam
Bought by
Allison Timothy Dale
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Stonehouse Vineyards Llc -- None Listed On Document
Grenoble Dave $570,000 None Available
Allison Timothy Dale -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stonehouse Vineyards Llc $650,000
Previous Owner Grenoble Dave $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $1,400,000 -6.6% $821 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $1,499,000 -- $879 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $1,071 $21,107 $21,107 $0
2024 $863 $16,729 $16,729 $0
2023 $11 $214 $214 $0
2022 $1,426 $214 $214 $0
2021 $12 $214 $214 $0
2020 $11 $202 $202 $0
2019 $11 $202 $202 $0
2018 $991 $190 $190 $0
2016 $992 $180 $180 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 791142

Colorado Real Estate Network (CREN)

APN: R011151

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