Exquisite 49+ Acre Ranch with Water Rights, Hayfields & Endless Potential Welcome to this stunning 49+ acre ranch, ideally located just 30 minutes from town with convenient access off Highway 84. This exceptional property boasts shares of ALR Ditch and Reservoir irrigation water (water shares and taxes will vary based upon final subdivision of the acreage), irrigated five lush hayfields that consistently yield over 3,000 bales of premium horse hay annually. A year round natural spring meanders across more than 10 acres, creating a lush, green landscape and adding beauty and value to the property. With multiple premium building sites and access to utilities, this land is perfect for a productive working ranch, a secluded hunting retreat, or your dream country estate. Surrounded by serene wilderness, you can hunt directly from the property, with national forest lands nearby for expanded recreation. The views are absolutely breathtaking — open skies, rolling fields, and the kind of peace and privacy that’s hard to find. Property is not currently subdivided. Upon an accepted offer, the Seller will pay to subdivide up to 49 acres. Property address will change along with access to property. Water irrigation shares will depend on how many acreages are purchased. Don’t miss this rare opportunity to own a truly versatile and income-producing ranch with natural beauty, water rights, and development potential.
Active
$925,000
TBD Stallion Place, Pagosa Springs, CO 81147
--beds
--baths
49Acres
Unimproved Land
Built in ----
49 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Water rightsNatural springMultiple premium building sites
- 9 days
- on Zillow |
- 205 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 12:38am
Listed by:
Veronica Medina 970-582-0066,
EXIT Realty Home & Ranch
Source: CREN,MLS#: 827457

Travel times
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Mountain(s), Valley
- Has water view: Yes
- Water view: Lake/Pond/Reservoir
- Waterfront features: Pond, Seasonal Stream/Spring
Lot
- Size: 49 Acres
- Features: Pasture
- Topography: Rolling
Details
- Parcel number: 597119304009
- Zoning description: Agriculture,Residential Single Family
- Horses can be raised: Yes
Utilities & green energy
- Sewer: None
- Water: None, Tap Available
- Utilities for property: Electricity Available, Phone - Cell Reception
Community & HOA
Community
- Subdivision: Alpine Lakes Ranch-Coyote Park 2-09 Cnty Code 00004
HOA
- Has HOA: Yes
- HOA name: Alpine Lakes Ranch POA
Location
- Region: Pagosa Springs
Financial & listing details
- Date on market: 8/8/2025
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Road surface type: Gravel
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