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- LoopNet Team
988 S 5th Street
Pagosa Springs, CO 81147
JEM 105 · Land For Sale
·
105.11 AC

Investment Highlights
- Private Riverfront Property with 1/2 mile of Private River Frontage, Water Features and River Islands
- Borders Town with Nearby Public Utilities - Adjacent to Outdoor Sports and Rec Park Planned Expansion
- Vested Water Rights with Private Pond and Irrigated Meadow
Property Facts
| Property Type | Land | Proposed Use |
Mixed Use
|
| Property Subtype | Residential | Total Lot Size | 105.11 AC |
| Zoning | Agricultural | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use |
Mixed Use
|
| Total Lot Size | 105.11 AC |
| Zoning | Agricultural |
Description
This is a rare opportunity to own the largest RIVERFRONT parcel bordering the town of Pagosa Springs, Colorado, with vested water rights, stunning mountain views, nearby town amenities, and public utilities. This incredibly unique 105.11+/- acre property (the "JEM 105") includes approximately 1/2 mile of private riverfront that has been professionally restored to protect the river, enhance fish habitat and provide three custom-built water features for river activities such as kayaking, fishing, tubing, swimming or rafting. This property also has vested water rights that are used to irrigate the meadow with solar power and to fill the private, river-fed pond, and there are also additional water rights available for beneficial use. In addition to the river restoration, the property features healthy trees that have been protected with forest restoration work. The JEM 105 has diverse terrain and topology with four distinct areas of the property: 1) NE private deep swimming hole/pond, private "beach" near river water feature, rock cliff riverfront, and private island; 2) SE irrigated meadow, large island, and riverfront; 3) SW lush meadow with seasonal springs and forested hill with exceptional mountain and river views; 4) NW large forested, hilltop meadow on the with stunning mountain, river and town views. There is cross fencing on the property for cattle grazing in the top 75 acres of the property. You can easily walk from this JEM 105 property along the river walk to all town amenities, including restaurants, schools, grocery stores, retail stores, parks, and the hot springs. Although the JEM 105 is currently zoned agricultural and is outside the town limits, it is within the Pagosa Area Water and Sanitation District (PAWSD) and has water, sewer, and electrical power (lines and underground) running across the property. It is also included in the Town's master plan and adjoins riverfront land owned by the Town that is currently being planned as an extension of the Town's "Yamaguchi" sports park. This is the perfect opportunity for a private ranch, developer, or investor looking to own some prime riverfront property real estate in the Rocky Mountains. Owner may carry with 50% down. The seller is a licensed real estate agent in the State of Colorado.
Links
Listing ID: 23621195
Date on Market: 7/7/2021
Last Updated:
Address: 988 S 5th Street, Pagosa Springs, CO 81147
The Land Property at 988 S 5th Street, Pagosa Springs, CO 81147 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
