$755,000
SOLD FEB 11, 2026

3515 County Road 514 Ignacio, CO 81137

3 Beds
3 Baths
2,556 Sq Ft
1,525,471 Sq Ft Lot

Recently Sold

$295 Per Sq Ft

16% Below List Price

444 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • 35.02 Acre Lot
  • Horses Allowed On Property
  • RV or Boat Parking
  • Mountain View

About This Home

As of February 2026

Discover the charm and allure of the "O-WOW" Ranch, a pristine rural retreat nestled close to Durango, Colorado, now available for purchase from its original owner. Crafted with care by the seller, this full log home exudes warmth and character from the moment you step onto the west-facing deck. Upon entry, prepare to be captivated by the stunning log walls and expansive tongue and groove vaulted ceilings that define the interior. The heart of the home, an oversized kitchen, invites you to savor home-cooked meals and gather with loved ones. Ascend to the loft where two cozy sleeping areas and a well-appointed bathroom await. However, it's the breathtaking view of the La Plata mountains through the expansive windows that truly steals the show, offering a picturesque backdrop to your daily life on this 35-acre sanctuary.Water is plentiful here, facilitating the irrigation of approximately 25 acres, perfect for cultivating lush hay fields that yield up to 500 bales annually. The lower level of the home features a cozy office and an additional bedroom with an ensuite bath, ensuring comfort and privacy for all residents. Convenience is key with a two-car garage seamlessly integrated into the lower level, allowing easy access in any weather. Outside, a detached oversized two-car garage stands ready to house your recreational vehicles or farm equipment. Nearby, a sturdy metal barn boasts two stalls, a tack room, and ample storage space, ideal for housing your hay harvest and accommodating equestrian pursuits. Situated between Bayfield and Ignacio, the ranch offers easy access to everyday conveniences while maintaining a peaceful, rural atmosphere. Just a short five-minute drive to Durango/La Plata Airport and conveniently located near Highway 172, commuting into Durango is effortless, ensuring you're never far from city amenities and cultural attractions. FULL RV Hookup with water , sewer and 30A electric allow your friends and family to visit any time and have their own place on wheels to set up basecamp! Whether you're seeking a tranquil retreat to call home or envisioning a productive agricultural endeavor, the "O-WOW" Ranch offers an unparalleled opportunity to embrace the Colorado lifestyle amidst natural beauty and modern comfort. Don't miss your chance to make this exceptional property your own. Note: Don't want to maintain the irrigated fields - no worries, the neighbor has been running the irrigation and harvesting the hay for many years and would love to continue to do so for the new owner. Best of both worlds, you get the great property, but minimal maintenance!

Last Agent to Sell the Property

Greg McCallum

Colorado Mountain Retreats Realty, Inc. Listed on: 07/17/2024

Last Buyer's Agent

Micah Owen

R1 Colorado

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $851

Year Built

  • Built in 1995

Lot Details

  • 35.02 Acre Lot
  • Home fronts a pond
  • Cross Fenced
  • Property is Fully Fenced
  • Barbed Wire
  • Landscaped
  • Sprinkler System
  • Water Garden
  • Property is zoned Agriculture

Home Design

  • Log Cabin
  • Concrete Foundation
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 2,556 Sq Ft Home
  • 2-Story Property
  • Tongue and Groove Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den with Fireplace
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Storm Windows
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • 4 Car Detached Garage
  • Basement Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Bayfield K-5 Elementary School
  • Bayfield 6-8 Middle School
  • Bayfield 9-12 High School

Farming

  • Barn
  • 25 Irrigated Acres
  • Pasture
  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Evaporated cooling system
  • Heating System Uses Coal
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Irrigation Water Rights
  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 590118400127

Home Details

Home Type

Single Family

Est. Annual Taxes

$851

Year Built

Built in 1995

Lot Details

35.02 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Estimated Irrigation Acres: 25
  • Estimated Total Acres: 35.02
  • Class: RESIDENTIAL
  • Em Deposit: 10000
  • Em Holder: Land Title
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Deck, Storm Windows/Doors, Lawn Sprinklers, Water Garden, RV Hook Up/Pad, Irrigation Pump
  • Fronts: West
  • Horse Setup: Yes
  • Interior Inclusions: Wood Stove, Window Coverings, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, T&G Ceilings, Garage Door Opener, Mud Room
  • Legal Lot Block: TRACT: 1A SECTION: 18U TOWNSHIP: 34 RANGE: 7 TR IN W/2SE/4 PER PLAT 1124768 3515 CR 514 IGNACIO 81137
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 35+
  • Parcel Id Number: 590118400127
  • Price Per Sq Ft: 295.38
  • Property Description: Pasture, Boundaries Surveyed
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Log, Loft
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 295.38
  • Street Descriptionaccess: County, Gravel, Shared Drive
  • Street Designation: Road
  • Tax Account Id: R436148
  • Waterfront Type: Pond
  • Zoning: Residential Single Family, Agriculture
  • Type: Stick Built
  • Internet Provider: Hughes Net
  • Internet Service: Yes
  • Total Taxes Dollar: 850.64
  • Year Built: 1995
  • Foreign Owned Y N: No
  • Prop Description Remarks: Discover the charm and allure of the "O-WOW" Ranch, a pristine rural retreat nestled close to Durango, Colorado, now available for purchase from its original owner. Crafted with care by the seller, this full log home exudes warmth and character from the moment you step onto the west-facing deck. Upon entry, prepare to be captivated by the stunning log walls and expansive tongue and groove vaulted ceilings that define the interior. The heart of the home, an oversized kitchen, invites you to savor home-cooked meals and gather with loved ones. Ascend to the loft where two cozy sleeping areas and a well-appointed bathroom await. However, it's the breathtaking view of the La Plata mountains through the expansive windows that truly steals the show, offering a picturesque backdrop to your daily life on this 35-acre sanctuary.Water is plentiful here, facilitating the irrigation of approximately 25 acres, perfect for cultivating lush hay fields that yield up to 500 bales annually. The lower level of the home features a cozy office and an additional bedroom with an ensuite bath, ensuring comfort and privacy for all residents. Convenience is key with a two-car garage seamlessly integrated into the lower level, allowing easy access in any weather. Outside, a detached oversized two-car garage stands ready to house your recreational vehicles or farm equipment. Nearby, a sturdy metal barn boasts two stalls, a tack room, and ample storage space, ideal for housing your hay harvest and accommodating equestrian pursuits. Situated between Bayfield and Ignacio, the ranch offers easy access to everyday conveniences while maintaining a peaceful, rural atmosphere. Just a short five-minute drive to Durango/La Plata Airport and conveniently located near Highway 172, commuting into Durango is effortless, ensuring you're never far from city amenities and cultural attractions. FULL RV Hookup with water , sewer and 30A electric allow your friends and family to visit any time and have their own place on wheels to set up basecamp! Whether you're seeking a tranquil retreat to call home or envisioning a productive agricultural endeavor, the "O-WOW" Ranch offers an unparalleled opportunity to embrace the Colorado lifestyle amidst natural beauty and modern comfort. Don't miss your chance to make this exceptional property your own. Note: Don't want to maintain the irrigated fields - no worries, the neighbor has been running the irrigation and harvesting the hay for many years and would love to continue to do so for the new owner. Best of both worlds, you get the great property, but minimal maintenance!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 3
  • Flooring: Hardwood
  • Estimated Total Sq Ft: 2556
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Family Room: Yes
  • Fireplace Location Type: Den/Family Room, Woodstove
  • Foundation: Basement-walk out, Basement-finished, Concrete
  • Great Room: Yes
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Barbed Wire, Cross Fence, Full Property
  • Windows: Double Pane
  • Construction Type: Log
  • Exterior Structures: Barn, Corral, Garage, Metal Building, Shed, Woodshed
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Basement Garage
  • Garage: Yes
  • Garage Capacity: 4

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Cell Reception, Phone - Landline
  • Cooling: Evaporative Cooler
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Thermal Storage, Wood Stove
  • Irrigation Water Description Amount: 1 3/4 King & 1 3/4 Martin Lat
  • Irrigation Water District: PRID
  • Sewer Supplier: Septic
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 300227-

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Bayfield K-5
  • Middle School: Bayfield 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Feb 11, 2026
Sold by
Pearman Carol
Bought by
Terry Ryan and Terry Casey Marie
Seller's Agent
Greg McCallum
Colorado Mountain Retreats Realty, Inc.
Buyer's Agent
Micah Owen
R1 Colorado
List Price
$900,000
Sold Price
$755,000
Premium/Discount to List
-$145,000
-16.11%
Views
331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.19%
Original Mortgage
$270,000
Outstanding Balance
$269,739
Interest Rate
6.16%
Mortgage Type
New Conventional
Estimated Equity
$562,507

Purchase Details

Closed on
Jun 25, 2019
Sold by
Pearman Carol N and Estate Of Clyde Leonaard Mcfar
Bought by
Pearman Carol N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2026 02/11/26 Sold $755,000 -6.8% $295 / Sq Ft
10/04/2025 10/04/25 Pending -- -- --
09/18/2025 09/18/25 Price Changed $810,000 -0.6% $317 / Sq Ft
08/25/2025 08/25/25 Price Changed $815,000 -0.6% $319 / Sq Ft
07/21/2025 07/21/25 Price Changed $820,000 -0.6% $321 / Sq Ft
07/09/2025 07/09/25 Price Changed $825,000 -0.6% $323 / Sq Ft
05/20/2025 05/20/25 Price Changed $830,000 -1.8% $325 / Sq Ft
01/06/2025 01/06/25 Price Changed $845,000 -0.6% $331 / Sq Ft
08/22/2024 08/22/24 Price Changed $850,000 -2.9% $333 / Sq Ft
08/09/2024 08/09/24 Price Changed $875,000 -2.8% $342 / Sq Ft
07/17/2024 07/17/24 For Sale $900,000 -- $352 / 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 $939 $28,570 $2,930 $25,640
2024 $851 $21,700 $2,960 $18,740
2023 $851 $24,590 $2,960 $21,630
2022 $965 $26,210 $2,960 $23,250
2021 $1,019 $24,040 $3,310 $20,730
2020 $875 $22,130 $3,100 $19,030
2019 $850 $22,130 $3,100 $19,030
2018 $771 $21,050 $3,890 $17,160
2017 $752 $20,660 $3,370 $17,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 816184

Colorado Real Estate Network (CREN)

APN: R436148

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