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  • $550,000

    TBD S HWY 550, Durango, CO 81303

    --beds
    --baths
    18.04Acres
    Unimproved Land
    Built in ----
    18.04 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Breathtaking viewsExisting pondActive electric poleEfficient irrigationIrrigation waterPractical features
    Discover the opportunity to build your dream home and continue the legacy of productive agricultural use on this beautiful 18.04-acre parcel—Lot A1 of the Milagro Farm, located within the Hess Minor Subdivision just south of Durango, Colorado. This property offers privacy, breathtaking views and practical features that make it ideal for a blend of rural living and agricultural use. One home is permitted on the property and can be sited on the rear portion of the lot without impacting the existing pond, which is currently used for irrigation runoff. Lot A1 has an active electric pole on the property; Buyers will need to install an individual well and septic system in compliance with state and county requirements. A side roll sprinkler is included for efficient irrigation. The lot is currently eligible for agricultural property tax status, livestock of any kind is allowed on the property. Irrigation Water is a key advantage of this parcel. The property includes an allocation of 20 acre-feet of Project Water (pending final plat approval and agreement with the Florida Water Conservancy District and Bureau of Reclamation), and while the neighboring owner retains 12 additional shares of irrigation water, a Declaration of Covenants allows for shared access and cooperative water use between the property owners. Whether you're looking to establish a small-scale farm, build a rural retreat, or invest in a piece of land with long-term potential, Lot A1 at Milagro Farm offers flexibility, water access, and room to grow—all just minutes from Durango.
    105 days
    on Zillow
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    90
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    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 12:38am

    Listed by:

    Jarrod Nixon 970-769-0744,

    Coldwell Banker Mountain Properties

    Source: CREN,MLS#: 823131MLS Logo
    Travel times

    Facts & features

    Property

    Lot
    • Size: 18.04 Acres
    Details
    • Parcel number: 590530400624

    Community & HOA

    Community
    • Subdivision: Other
    HOA
    • Has HOA: Yes
    • HOA name: Hess
    Location
    • Region: Durango

    Financial & listing details

    • Annual tax amount: $1,574
    • Date on market: 4/19/2025
    • Has irrigation water rights: Yes
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