Bethany Boston-Johnson - Coldwell Banker Distinctive Properties
8400 State Highway 172
Ignacio, CO 81137

$1,900,000

Description

An incredible development opportunity: This 61.4 acre property is well irrigated, groomed, and landscaped. This is the only individually owned golf course in Colorado. This 9 hole course is fully operational for 8 months of the year.The Seller has decided to discontinue the day to day operations of the golf course starting January 1, 2018. Nonetheless, he will continue to maintain the course through the year, should someone choose to reopen the course. The listing includes a beautiful 3488 square foot home, a clubhouse/concession stand, several sheds and pump houses and multiple outbuildings. The clean and nicely done clubhouse is easily converted into multiple uses. There is a charming apartment in the walk-out basement, recently upgraded to function as a successful VRBO. The home itself is 6 years old, and the sellers have done a thorough job both designing and decorating. It has major upscale finishes which include hardwood floors, stainless steel appliances, and vaulted ceilings. A private back deck faces the mountains and provides fabulous views of the San Juans, the Needles and the La Platas. The home is located in the middle of the lush 64 acre parcel, where birds and wildlife are abundant. Seasonal streams run throughout. Water rights include a priority right on the Dennie Ditch and 2 shares of the King Ditch. The Dennie Ditch has averaged approx. 200 acre feet of water per year delivered to the property. The King Ditch delivers an average of over 250,000 gallons of water per day. In addition, there is enough overflow irrigation water from the neighboring properties alone to irrigate this property. The property contains 7 ponds, 5 of which are used for storage water with approximately 16 acre feet of storage capacity. There are automatic sprinklers to irrigate most of the acreage without having to manually move a pipe or hose. Conveniently located between Durango, Bayfield and Ignacio, this property also offers easy access to events in downtown Durango, games at the Ignacio Casino, and water sports at Navajo Lake. Because of the nature of the neighborhood, the County may possibly allow for subdivision, commercial uses, agricultural uses or even an RV park. This property has incredible development potential, as it has State Highway access, good water, and 61 easily workable acres.

Details

MLS#746670
Sub-TypeResale
StatusActive
Year2011
Days On Site64

Features

SQ Feet3,488
Story(s)1
Units1
Zoningcommercial

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Area Information

StateCO
CityIgnacio
Zip Code81137
AreaIgnacio Rural
Listing VS Median (in 81137)
Price:
$1,900,000
low | high
Med:
$279,000
100% of Average
SqFt:
3,488
low | high
Med:
1,540
100% of Average
$ / SqFt:
$545
low | high
Med:
$181
100% of Average
On Site:
64
low | high
Med:
87
73.563218390805% of Average
Listing Updated: 08/16/2018
MLS Number: 746670
Listing Provided By:
Jeff Reynolds  of  RE MAX Pinnacle



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