16767 Hwy 491, Cortez, CO 81321

Property Description

Irrigated farm and ranch north of Cortez, Colorado with 98 more or less acres, 80 shares of Montezuma Valley Irrigation (MVI) plus live water. MVI water comes from McPhee Reservoir which is the 2nd largest reservoir in the state, and one MVI share = 5.62 gallons per minute of water. The live water is in the Lee Ditch which includes 3 c.f.s adjudicated water for farming and livestock with a historic date of 1910. Property is fully fenced, has 5 siderolls and outstanding mountain views. There's easy access off of State Highway 491, with wide shoulders and good visibility. Once the old barn and stackyard are cleared it's the ideal setting for a home site and new barn. Access to mature shade trees, including an apple tree, live water and pond are ideal for livestock. The fields have been used for grazing for many years now and will need a little attention to get the irrigation system back to its peak. Outstanding horse property with the perfect location for a barndominium. This is good farmland and has historically produced some of the best quality hay in the Four Corners region.