Waterfront
Address
450 Old Chama Road, Chromo, CO
Price
$ 23,000,000
Property Attributes
  • MLS#8495315
  • TypeLand
  • CountyARCHULETA
  • CityChromo
  • NeighborhoodBanded Peaks River Ranch
  • Zip81128
  • Style
  • Taxes$ 1000
  • Price$ 23,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1766.37 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Banded Peaks River Ranch is located in the Beautiful Lush Navajo River Valley in Southwestern Colorado. Only 30 minutes from Pagosa Springs, 25 minutes to Chama, New Mexico and 2 1/2 hours from Santa Fe, New Mexico. 1776 acres. Banded Peaks River Ranch is one of the most unique Properties in Southwest Colorado with headwaters of the Chamita River, big Ponds, and Aspen Forests with a meandering Stream flowing through the Property! Rainbow Trout, Cutthroat and Native Trout populate the River making Fly Fishing an excellent sport - Catch and Release is the rule around these parts! Shortly after venturing into Banded Peaks River Ranch, it becomes very obvious that nature is in abundance. Just a few steps into the lush alpine forest and it feels as if you've stepped into a secluded, perfectly untouched world. Herds of elk and deer freely graze throughout this ranch among black bear who enjoy gushing trout-filled streams. Banded Peaks River Ranch has a unique and beautiful landscape. The property is a secluded Alpine Ranch with Aspen Forests, 3 ponds, lush Green Meadows and plenty of room for fishing cabins, log homes and more! This property for sale boasts big views of the Banded Peaks as well as the Navajo Peak! THE NAVAJO RIVER RUNS ON THE NORTH END OF PARCELS 1-4. THERE ARE SEVERAL SMALL STREAMS ON BPRR AS WELL AS SEVERAL PONDS. THE COUNTY OF ARCHULETA HAS A BUILDING DEPARTMENT THAT DICTATES DEVELOPMENT OF PROPERTY AS FAR AS HOMES, ETC. THERE ARE DEED RESTRICTIONS IN BANDED PEAKS RIVER RANCH (BPRR) THAT ALSO DICTATE THE SIZE AND NUMBER OF HOMES AND BUILDINGS ALLOWED. THE PROPERTY CAN BE SUBDIVIDED INTO AT LEAST 35 ACRE PARCELS AND LARGER. BPRR IS LOCATED IN AN OPPORTUNITY ZONE MAXIMIZING THE INVESTMENT POTENTIAL. THERE ARE NO CONSERVATION EASEMENTS (CE) MAKING BPRR A PRIME CANDIDATE TO PLACE A CONSERVATION EASEMENT ON THE PROPERTY IF THE BUYER SO CHOOSES. SEVERAL POTENTIAL TAX BENEFITS ACCOMPANY CE'S.

Price History
4/4/2022 Listed $23,000,000

General Features

Association Y/N No
Attached Garage No
Carport Spaces 0.0
Carport Y/N No
City Chromo
County Archuleta
Elementary School District Archuleta County 50 JT
Exclusions TBD by seller's attorney
Finance Cash, Conventional, Item1031Exchange, Other
Garage Spaces, Detached Garage 0.0
Garage Y/N No
High School District Archuleta County 50 JT
Lot Size Square Feet 76943077.2
Middle/Junior School District Archuleta County 50 JT
Percent Ownership Corporation/Trust
Property Type Land
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Old Chama
Subdivision Name Banded Peaks River Ranch
Tax Annual Amount 1000.0
Tax Year 2021
Topography Mountainous
View Meadow, Mountains, Valley, Water
View Y/N Yes
Waterfront Features RiverFront
Waterfront Y/N Yes
Zoning Agricultural

Interior Features

Street Suffix Road

Exterior Features

Covered Spaces 0.0
Fencing Partial
Horse Y/N Yes
Lot Features BordersNationalForest, Meadow, OpenSpace, ManyTrees, Secluded, SuitableForGrazing, Sloped, SplitPossible
Lot Size Acres 1766.37
Lot Size Area 1766.37
Lot Size Units Acres
Road Frontage Type PublicRoad
Road Responsibility PublicMaintainedRoad
Road Surface Type Dirt, Gravel
Total Parking 0.0
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 81128

Price
AVG $13.35M
$23M
Taxes
AVG $675
$1,000
Visits
AVG 155
163

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