Own a 265 acre working farm that has everything you need to make a living in agriculture. You will not find a farm with better water rights in the entire country due to Montezuma Valley Irrigation Company's pre-22 water rights. MVIC derives its water from the Dolores River along with their ownership of the Groundhog and Narraguinnep reservoirs. As an added benefit, the company enjoys the security of the 2nd largest reservoir in the state, the McPhee reservoir where additional rights are stored. The irrigation system has 2 pumps and underground pipelines that deliver water to 8 irrigation systems. The farm has multiple outbuildings, a large hay barn, a machine shop with garage doors, and machinery shed. The RV sight with power close by is perched at a location with fantastic views. The additional insulated building adds even more of a benefit for any who have toys to keep safe from weather. Just below the residence lies an amazing pond with abundant wildlife year round. This 265 piece of land is truly a working farm with everything you need to make a living and enjoy the most fantastic views. This is a once in a lifetime opportunity.
Active
$2,865,000
16513 Road 20, Cortez, CO 81321
2beds
847sqft
Est.:
Farm, Agriculture, Unimproved Land
Built in 1935
265.57 Acres Lot
$-- Zestimate®
$3,383/sqft
$-- HOA
What's special
- 169 days |
- 198 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: June 27, 2025 at 12:38am
Listed by:
Randy Carver C:970-560-7611,
Altitude Realty
Source: CREN,MLS#: 825761
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Evaporative Cooling
Features
- Flooring: Carpet
- Has basement: No
Interior area
- Total structure area: 847
- Total interior livable area: 847 sqft
Property
Features
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Valley
- Has water view: Yes
- Water view: Lake/Pond/Reservoir
- Waterfront features: Pond
Lot
- Size: 265.57 Acres
- Topography: Rolling
Details
- Additional structures: Barn(s), Equipment Shed, Hay Barn, Metal Building, Workshop
- Parcel number: 535523100074
- On leased land: Yes
- Zoning description: Agriculture
- Horse amenities: Corral(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farm House
- Property subtype: Farm, Agriculture, Unimproved Land
- Attached to another structure: Yes
Materials
- Masonite
- Foundation: Not Permanent
- Roof: Architectural Shingles
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Septic Tank
- Water: Installed Paid
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cortez
Financial & listing details
- Price per square foot: $3,383/sqft
- Tax assessed value: $255,814
- Annual tax amount: $3,689
- Date on market: 6/24/2025
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,438/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2025 | Listed for sale | $2,865,000$3,383/sqft |
Source:  CREN #825761 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,222 +10.8% | $58,460 |
| 2023 | $2,907 -3.9% | $58,460 +3.3% |
| 2022 | $3,026 | $56,590 -8.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$16,044/mo
Principal & interest
$14325
Home insurance
$1003
Property taxes
$716
Climate risks
Neighborhood: 81321
Nearby schools
GreatSchools rating
- 7/10Lewis-Arriola Elementary SchoolGrades: K-5Distance: 2.5 mi
- 6/10Cortez Middle SchoolGrades: 6-8Distance: 9 mi
- 3/10Montezuma-Cortez High SchoolGrades: 9-12Distance: 10.3 mi
Schools provided by the listing agent
- Elementary: Lewis-Arriola K-5
- Middle: Cortez 6-8
- High: Montezuma-Cortez 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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