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$23,000,000
450 Old Chama Road, Chromo, CO 81128
0 Beds
0 Baths
n/a SqFt

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Banded Peaks River Ranch is located in the Beautiful Lush Navajo River Valley in Southwestern Colorado. Only 30 minutes from Pagosa Springs, 25 minutes to Chama, New Mexico and 2 1/2 hours from Santa Fe, New Mexico. 1776 acres. Banded Peaks River Ranch is one of the most unique Properties in Southwest Colorado with headwaters of the Chamita River, big Ponds, and Aspen Forests with a meandering Stream flowing through the Property! Rainbow Trout, Cutthroat and Native Trout populate the River making Fly Fishing an excellent sport - Catch and Release is the rule around these parts! Shortly after venturing into Banded Peaks River Ranch, it becomes very obvious that nature is in abundance. Just a few steps into the lush alpine forest and it feels as if you've stepped into a secluded, perfectly untouched world. Herds of elk and deer freely graze throughout this ranch among black bear who enjoy gushing trout-filled streams. Banded Peaks River Ranch has a unique and beautiful landscape. The property is a secluded Alpine Ranch with Aspen Forests, 3 ponds, lush Green Meadows and plenty of room for fishing cabins, log homes and more! This property for sale boasts big views of the Banded Peaks as well as the Navajo Peak! THE NAVAJO RIVER RUNS ON THE NORTH END OF PARCELS 1-4. THERE ARE SEVERAL SMALL STREAMS ON BPRR AS WELL AS SEVERAL PONDS. THE COUNTY OF ARCHULETA HAS A BUILDING DEPARTMENT THAT DICTATES DEVELOPMENT OF PROPERTY AS FAR AS HOMES, ETC. THERE ARE DEED RESTRICTIONS IN BANDED PEAKS RIVER RANCH (BPRR) THAT ALSO DICTATE THE SIZE AND NUMBER OF HOMES AND BUILDINGS ALLOWED. THE PROPERTY CAN BE SUBDIVIDED INTO AT LEAST 35 ACRE PARCELS AND LARGER. BPRR IS LOCATED IN AN OPPORTUNITY ZONE MAXIMIZING THE INVESTMENT POTENTIAL. THERE ARE NO CONSERVATION EASEMENTS (CE) MAKING BPRR A PRIME CANDIDATE TO PLACE A CONSERVATION EASEMENT ON THE PROPERTY IF THE BUYER SO CHOOSES. SEVERAL POTENTIAL TAX BENEFITS ACCOMPANY CE'S.
  • Price:
  • $23,000,000
  • Acreage:
  • 1,766.37
  • Listing ID #:
  • 8495315
  • Street Address:
  • 450 Old Chama Road
  • City:
  • Chromo
  • State:
  • Colorado
  • Postal Code:
  • 81128
  • Subdivision:
  • Banded Peaks River Ranch
  • Listing Status:
  • Active
  • Listing Type:
  • Lots And Land
  • Waterfront:
  • Yes
30-year Conforming

5.824%

-0.08%

30-year FHA

5.623%

-0.068%

30-year VA

5.394%

-0.118%

Last updated: 6/23/2022
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Copyright © 2022 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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