Description
"The Farm on the Colorado" is a resource-filled, legacy investment opportunity consisting of approximately 1,123-acres in the bustling Colorado River Valley west of Glenwood Springs, and just one hour to Aspen and Vail. Identified in Garfield County's Comprehensive Plan as a prime location for future development, the property is located within the Town of New Castle's Urban Growth Boundary and adjacent to the town border, so depending on a new owner's plans it can be ripe for annexation. This is a large, versatile, farm & ranch that is currently in agricultural use, with over 16 CFS of water rights (that's over 10,800 annual acre-feet) that irrigate approximately 300 acres. With nearly two miles of frontage on the Colorado River, a 10-acre lake for water-skiing and SUP, quality hunting, and scenic views, this asset is not only investment-grade real estate, but a sporting ranch to be enjoyed while a new owner positions the property to meet one's investment and development goals.
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Listing Source: IRES - Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Updated: 13th August, 2022 3:13 PM (UTC)