9 beds 8 baths 8,951 sq. ft.
37.0558 -107.562

2941 & 2943 Cr 321 Ignacio, CO 81137

Est. Monthly $4,262 recalculate
9 beds 8 baths 8,951 sf

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2941 & 2943 Cr 321
Ignacio, CO 81137

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Other Residential - Justin D Osborn, The Wells Group of Durango, Inc., O: 970-946-3935, justin@wellsgroupdurango.com, http://southwestcoloradoranchbrokers.com/: 137 acres with senior water rights and 3 homes. Located in Southwest Colorado's Banana Belt region of La Plata County at 6400' elevation, the Pat-Way Ranch consists of 137 acres, of which 108 are irrigated. The three homes on the ranch total 8951 sq ft. The main home is 5501 sq ft, the guest house is 1567 sq ft and rented at $1,100 per month, and the rental property is 1983 sq ft and rented at $1,480 per month. Both rentals are on a month to month basis and could be vacated at closing if a buyer needed them available. In addition to the homes, additional improvements include a 3,888 sq ft Morton barn with a commercial water well, a 40' x 26' workshop, pole barn, loafing sheds, and an RV hook-up. Ample water rights through Pine River Irrigation District consist of 108 shares of Pine River Canal. 8" gravity-fed gated pipe is the primary delivery method of the water. With 8 ponds on the ranch, 3 of which are spring fed, water storage is abundant. The fields are planted in timothy, clover, and brome. This region of La Plata County is known for producing exceptional horse hay that is sought after as far away as Florida. The gently rolling terrain is all south facing, allowing for excellent winter sunshine and an early growing season. Currently set up as a cattle and horse ranch, the fencing and cross-fencing is superb. With a fabulous corral system, the pens and chutes allow for an easy operation when moving livestock. Unlike other ranches in the region, this ranch is unencumbered as there is not a Conservation Easement on it. Endless recreational opportunities are just a short drive away including Fox Fire Farms Winery with live music and wine tasting, Two Rivers Marina at Navajo Lake on the confluence of the Piedra & San Juan Rivers, gold medal fly fishing on the San Juan River, hiking at either Chimney Rock National Monument or Mesa Verde National Park, skiing at Purgatory Resort of Wolf Creek Ski Area, and shopping in Durango or Pagosa Springs. This area is known for it's exceptional deer and elk hunting with a local outfitter just down the road that has exceptional success rates.
MLS # 733296
Courtesy Of The Wells Group of Durango, Inc.

Property Features

  • Age: 31-40 Years Old
  • Amenities: Water Front
  • Architecture Style: Ranch
  • Lot Size: 137.74 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $4,262Your estimated monthly payment
    $195,00020% Down Payment
    $975,000 $877,500
    purchase price loan amount
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    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Middle School
    Grades 6-8 | Public School

    IGNACIO, CO 81137
    222 COUNTY RD

    Total Students 197
    Student Teacher Ratio 13:1

    School Rating

    1 star View School Details
    High School
    Grades 9-12 | Public School

    IGNACIO, CO 81137
    315 IGNACIO ST

    Total Students 265
    Student Teacher Ratio 10:1

    School Rating

    1 star View School Details
    School Attendance
    We don't have all attendance zone information for this listing.
    Explore area schools below or for more information

    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Ignacio Elementary School 5.7 mi Public K-5

    Local Area Information for Ignacio, CO 81137

    Median Age: 41
    Married: 41.5%
    Number of Households: 2,048
    Households with Children: 585
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
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      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.