Jennifer Carlson - Coldwell Banker Distinctive Properties
254 Cr 500 Road
Bayfield, CO 81122

$4,000,000

Description

Owner Financing May Be Available. Seller is Motivated and Negotiable. Approx. 64.46 acres with approx. 20 irrigated acres. When and where are you going to get an endless opportunity of a lifetime to own such a unique and beautiful property as the Wit's End Ranch that has such beautiful acreage and facilities at the end of gorgeous Vallecito Lake, in SW Colorado? Only 30 minutes from Durango, Colorado and a major airport. Visionaries this is your opportunity to reopen this historic 1948 64+ acre facility surrounded by the San Juan National Forest and Weminuchi Wilderness area and prosper from your unique ideas of a first class guest ranch, vacation destination, corporate events facility, RV park, national pro sports teams training facility, church organization retreat, sports camp, family compound, bed & breakfast, special events facility, movie set, monthly residential rentals, open the main lodge to weddings, family gatherings, corporate meetings, or see if you can gain approval for subdividing into building lots, etc. Set up a rodeo area and attempt to gain PBR approval for local and national rodeo events as the property, cabins, lodge, possible RV spots could provide some of the lodging, etc. The opportunities are unlimited according to one's imagination. Several streams, natural springs and water wells provide lot of water for the many irrigation rights to keep the property beautifully green, moisture for lawns and pastures, to fill the 3 fishing ponds and have water for other things. There are 13 cabins of which four are duplexes and one is a triplex that can sleep 60 to 100 guest, a beautiful old western style main lodge with beautiful antique wall mirrors from England, a commercial kitchen and large wooden bar, a restaurant that has sitting for 150 guest as well as space for entertaining in private settings. Hire professional and well known chefs and restaurant operators and serve private guest and the public from the surrounding areas. What a great opportunity to be the best restaurant in SW Colorado. There is a large Barn and stable for horses or storing equipment, and possibly setting up an living facility on the second level as an auditorium to bunk several more guest, reopen the private spa fitness center for guest and the public. A large equipment shed, a fishing shack, a tack building, a huge event center, a large round pen,fishing shack, tack building, etc. Along with the ranch are numerous valuable water rights. For a list of the water rights contact the listing broker. An abundance of r

Details

MLS#749662
Sub-TypeResale
StatusActive
Year1948
Days On Site25

Features

SQ Feet35,000
Story(s)2
Units20
ZoningCommercial

Market Activity 81122

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Area Information

StateCO
CityBayfield
Zip Code81122
AreaVallecito
Listing VS Median (in 81122)
Price:
$4,000,000
low | high
Med:
$282,000
100% of Average
SqFt:
35,000
low | high
Med:
813
100% of Average
$ / SqFt:
$114
low | high
Med:
$88
73.316420664207% of Average
On Site:
25
low | high
Med:
91
27.472527472527% of Average
Listing Updated: 09/20/2018
MLS Number: 749662
Listing Provided By:
Victor Schultheiss  of  The Wells Group of Durango Inc.



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