NOT LISTED FOR SALE

981 Thoroughbred Rd Durango, CO 81301

71 Acres
-- Price per Acre
3,099,294 Sq Ft Lot

Last Sold October 25, 2022

Last sale price $1,000,000

163 Days on Market

Highlights

  • Horses Allowed On Property
  • River Front
  • Mountain View
  • Durango High School Rated A-
  • 71.15 Acre Lot
  • Orchard

About This Lot

As of October 2022

The Florida River runs through this exquisite 71+ acres of irrigated grass pastures and treed, beautifully bouldered hillside. Located in a hidden, gated subdivision of 35 acre tracts, these two adjoining lots each have a building envelope that allows for two homes per lot. (Four houses allowed). Peaceful and pastoral, one feels a sense of space and Nature in this wide green valley under huge Colorado skies. Current owner raises and sells the certified weed-free grass growing on about 15 acres of the property. Irrigation equipment is included with the purchase of the property and includes piping, pivot sprinkler heads wheels and water connections. There is also an organic, fenced orchard and metal hay barn. Farming equipment in the hay barn may be negotiable for sale to Buyer. Irrigation is senior priority, abundant, and is pumped using free propane. Ag status for taxes keeps those extremely low. Beautiful homes have been built in the subdivision, and only one of them is in the valley view from these extraordinary building sites. Rarely does one see a car on the two neighborhood roads. The off-the-beaten-track atmosphere and lush verdant landscaping in this hidden valley are the vision many have for their Colorado dream home, yet few people in Durango even know of its existence here.... just 20 minutes from Durango City limits! The property is being sold also with the possible inclusion of a wonderful 3800 sq ft home and enchanting guest house located above the valley, nestled in an indescribably magical 35 acre setting of massive, unique rock formations and ancient trees. There is nothing else like it in the Durango area! See MLS#792699 for a description of the home and guest house. The river valley parcel should be a serious consideration for the person looking for river frontage, serenity, and valuable water rights within minutes of Durango. There are so many choices for its use, whether it would be for horses, cattle, hay production or simply a gorgeous setting for a new home. The two lots must be purchased together, but can be sold individually after purchase.

Last Listed By

Marcy Pryor

Coldwell Banker Mountain Properties Listed on: 04/25/2022

Coldwell Banker Mountain Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $253

Lot Details

  • 71.15 Acre Lot
  • River Front
  • Level Lot
  • Orchard
  • Wooded Lot

HOA Fees

  • $55 Monthly HOA Fees

Property Views

  • Mountain
  • Valley

Schools

  • Sunnyside K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Farming

  • Hay Barn
  • 15 Irrigated Acres
  • Hay
  • Pasture
  • Cattle
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heating System Powered By Owned Propane
  • Irrigation Water Rights
  • Well
  • Septic System
  • Internet Available

Community Details

  • Association fees include irrigation, road maintenance, snow removal
  • Florida River Ranch HOA

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 595117201831

Property Details

Property Type

Land

Est. Annual Taxes

$253

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee
  • Fronts: Florida River
  • Legal Lot Block: Florida River Ranch Block 0, Lot 7 and Section 17, Township 33 Range 9 Tract in SW/4NW/4 Subdivision Florida River Ranch Lot 8 PL682152 Parcel in two tax Districts See also R432634 and Parcel Number 595117201830 consisting of 1.637 acres according
  • Livestock Allowed: Cattle, Horses, Sheep
  • Lot Size Acreage: 51-99 Acres
  • Parcel Id Number: 595117201831
  • Property Description: Wooded Lot, Pasture
  • Street Descriptionaccess: Private, Gravel, Shared Drive
  • Street Designation: Road
  • Waterfront Type: River/Stream
  • Zoning: Residential Single Family
  • HOA Fee Frequency: Quarterly
  • Domestic Sewer: Septic, Septic Installed
  • Domestic Water: Domestic Well
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 15
  • Estimated Total Acres: 71.15
  • Current Property Use: Hay Pasture/Prod., Orchard, Irrigated Farmland
  • Em Deposit: 50,000
  • Possible Property Use: Residential Single Family, Aglivestock, Cattle, Hay Pasture/Prod., Horses, Irrigated Farmland, Orchard, Pasture (irrigated)
  • Water Rights Irrigation: Yes
  • Income Producing: Yes
  • Irrigation Systemrights: Sprinklers/Big Gun
  • Irr Water Descamnt: See Assoc
  • Price Acre: 15460.3
  • Topography: Level, Steep
  • Outbuildngsstructures: Hay Barn
  • Price per Sq Ft: 0.35
  • Sewerseptic In: Yes
  • Sold Priceacre: 14054.81
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Total Taxes Dollar: 253.24
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley
  • Waterfront: Yes

Utilities

  • Utilities: Electricity, Internet, Propane-Tank Owned, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Irrigation Water District: see assoc. docs
  • Water Supplier: Well

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Road Maintenance, Snow Removal
  • Hoametro Fees: 165/lot
  • Hoa Name: Florida River Ranch

Schools

  • Elementary School: Sunnyside K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Sunnyside K-5
  • Middle School: Escalante 6-8

Range of Values:

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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
10/25/2022 10/25/22 Sold $1,000,000 -9.1% --
10/05/2022 10/05/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $1,100,000 -- --
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 792700

Colorado Real Estate Network (CREN)