$2,700,000

12261 Hwy 145

Cortez CO, 81321

Description

Quarter Circle E Ranch is located less than one mile north of the town of Cortez, Colorado, in the Montezuma Valley. The ranch is comprised of 576 acres, fronting County Roads 26, M, N, and Highway 145. Mostly irrigated grass and alfalfa with 300 shares of Montezuma Valley Irrigation Company water. 3.6 acres holds a pond that is used to store water for irrigation. The water is piped to the ranch using the gravity fed method and is distributed on the land with a side roll irrigation system. Other improvements to the ranch include corrals, a large hay barn, and the ranch is fully fenced. Quarter Circle E Ranch currently runs 300 pair of cattle. Historically the area has been used for agriculture with irrigated farming and grazing. The ranch does have significant development opportunities that is accented by its proximity to amenities and attractions. Quarter Circle E Ranch currently holds a farming/ranching/grazing lease and an FAA lease, which puts some minimal restrictions on the small part of the ranch acreage. Ranch elevations range around 6,200 feet, and area elevations range from 5,500 to 7,500 feet. Big views of Sleeping Ute Mountain, sandstone mesas, and Montezuma Valley surround the ranch. Cortez is a gateway to Mesa Verde National Park, McPhee Reservoir, Dolores River, and the San Juan National Forest, making for an array of activities and sites to explore.

Details

MLS#770354
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site139

Features

Story(s)1 Story
Acreage576.28
Water FrontYes
Property ViewYes

Additional Information

Taxes3173.76
Interior FeaturesOther

Market Activity 81321

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Area Information
StateCO
CountyMontezuma
CityCortez
Zip Code81321
AreaMontezuma County Rural NE
Middle SchoolCortez 6-8
High SchoolMontezuma-Cortez 9-12
Listing VS Median (in 81321)
Price:
$2,700,000
low | high
Med:
$197,900
100% of Average
On Site:
139
low | high
Med:
409
33.98533007335% of Average
Listing Updated: 10/21/2020
Michael Murphy LogoMLS Number: 770354
Listing Provided By:
Michael Murphy  of  Team Murphy Realty LLC

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