TAMARACK AT ARROWHEAD
Jeri Simms
970-616-6339970-616-6339

90 Little Cimarron , Cimarron, CO 81220 (MLS # 741723)

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PRICE $750,000
BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 214.00 ac

For buyers seeking smaller-acreage ranches under $1 millon with irrigation sufficient to keep meadows lush throughout the summer, water rights values are reaching levels that can make such ranches unobtainable. Because of Colorado’s fast-growing population and a healthy agricultural land market, water rights prices continue to rise, with no predicted end in sight. The 214-acre Little Cimarron Valley Ranch (“LCVR”) presents a unique opportunity for buyers to purchase a small-acreage, budget-friendly ranch and have use of senior water rights without paying the astronomical prices associated with traditional irrigated land. Thanks to a cutting-edge conservation partnership with the Colorado Water Trust, the owner of LCVR has shared use of 5.8125 cfs of senior water rights to irrigate 190+/- acres. From a practical perspective, this water rights agreement affects irrigation as it would if the ranch had deeded junior water rights: in normal and wetter-than-average precipitation years, the owners of LCVR can expect to irrigate either for the full season or a portion of the season prior to the water being “called.” Only in the driest of years can the owners expect to not irrigate, which could also be the case with deeded junior water rights. From a financial perspective, LCVR’s 190 irrigated acres have been heavily discounted from what buyers would expect to pay for land irrigated by either junior or senior water rights. The owner of LCVR is able to enjoy the benefits of irrigated meadows and pastures, without having to pay the steep, sometimes budget-busting, prices that irrigated ground is currently fetching.

LAST UPDATED 5/22/2019 COMMUNITY Cimarron
COUNTY Gunnison STATUS Active
PROPERTY TYPE(S) Land

PRICE HISTORY
Prior to Apr 30, '18 $950,000
Apr 30, '18 - Jul 26, '18 $850,000
Jul 26, '18 - Today $750,000


ADDITIONAL DETAILS
1/2 BATHS 0
1/4 BATHS 0
3/4 BATHS 0
AREA Cimarron
CLASS LAND
COVENANTS Y/N NO
FENCE Barbed Wire, Cross Fence, Full Property
FULL BATHS 0
INCOME PRODUCING No
LFD_IRRIGATIONSYSTEMRIGHTS_33 Early Water, Open Ditch
LFD_LIVESTOCKALLOWED_235 Cattle, Horses
MINERAL RIGHTS Unknown
MODULAR OR MOBILE ALLOWED No
SALE/RENT For Sale
SEWER H/U AVAIL No
SEWER PAID No
SEWER/SEPTIC IN No
SIGN ON PROPERTY Y/N Yes
SPECIAL ASSESSMENT Y/N No
STATUS Active
TOPOGRAPHY Level
TYPE Agricultural
UTILITIES Electricity
VIEWS MOUNTAINS, VALLEY
WATER FRONT No
WATER RIGHTS/IRRIG. No
WATER TAP AVAIL No
WATER TAP INSTALLED No
WATER TAP PAID No
WATER WELL No
ZONING Agriculture
Listed with Norris-Snell Real Estate, LLC

CREN MLS Logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2019. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.

”FULL” CREN Disclaimer

Real Estate listings held by companies other than Tamarack At Arrowhead contain that company’s name.

Fair Housing Disclaimer

This data was last updated: 6/17/19 4:15 PM PDT





 
CONTACT US ABOUT 90 LITTLE CIMARRON
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Jeri Simms

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Jeri Simms

Broker Associate

tamarack@realtor.com

970-616-6339970-616-6339 main

970 862 8477970 862 8477 office

Tamarack At Arrowhead

550 Ponderosa Cimarron, CO 81220

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