Listing courtesy of Re/Max Pinnacle.
COUNTRY LIVING CLOSE TO CORTEZ, COLORADO 5 acres with a vintage 3 bedroom 1 bath home on the corner of Road 26 and Road M. Bring your tool belt to renovate or create your own home and start over. This is a beautiful corner lot with 2 fenced pastures, views of the La Plata Mountains and Sleeping Ute. No covenants. Lots of Privacy. It may be possible to acquire irrigation rights from Montezuma Valley Irrigation. It has had irrigation in the past. Fantastic location. Country lifestyle just minutes from town. UTILITIES: Empire Electric. There is a septic system but there is no permit of record according to the Health Department because of its age. Water is Montezuma Water Co. and requires buyer to purchase a membership to tap in which is $6000 plus costs of improving the meter pit if necessary. Buyer to choose propane provider. Waste Management Trash removal. IRRIGATION: This property had irrigation rights in the past. Irrigation rights are not included in the sale as they are personal property. It may be possible to purchase water shares and would require permission from 2 head gates TH8 and TH9. According to Montezuma Valley Irrigation Company, 970-565-3332 there is a good possibility. FINANCING: The house needs considerable repairs with possible foundation issues to resolve should one want to rehab the existing home. Therefore it will need to be a cash purchase, bank land loan, construction loan or 203K rehabilitation loan. HUD case # HUD homes are Sold “as is.” Agents submit offers though the HUD Home Store. Managed by Olympus AMS.
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