New Listing
$3,500,000
 $18,789 est/mo Sourced by Back At You

23866 Road L,Cortez, CO 81321

Cortez, CO 81321

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Description

Large Acreage Estate on the Edge of Town - 86+ Acres with Irrigation, Income Potential & Exceptional Improvements Discover the perfect combination of privacy, space, water, and convenience with this impressive 86+ acre property located just 2 miles from town. Offering approximately 80 shares of MVI irrigation water, this productive property has excellent hay-producing potential and is currently leased to a tenant farmer. The property is equipped with three side-roll irrigation systems and water cannons, making it well suited for agricultural use. The property features an impressive array of improvements, including a large 4-bedroom, 5-bath home, where every bedroom offers its own private bathroom and walk-in closet. The spacious home includes two fireplaces, a dedicated hot tub room, and a large four-bay attached garage. Recent improvements include a new fireplace insert, new water heater, new mini-split heating and air conditioning system, new Trex decking on the back deck, a new chip-sealed driveway, and a solar system installed just a few years ago. Outside, you'll find a beautifully landscaped yard surrounded by mature trees, along with a pond, barn, pipe fencing, and a large three-bay shop. The shop is only a few years old and features spray-foam insulation, providing an excellent space for equipment, hobbies, storage, or additional workspace. With productive acreage, substantial irrigation water, quality improvements, and the convenience of being only minutes from town, this property offers a rare opportunity to enjoy the best of country living without sacrificing accessibility. Make this exceptional property your dream getaway, agricultural retreat, or place to call home.

Details

MLS #839232
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Year1984
Days On Site7
Listing Provided ByAntler Creek Realty | Ronnie Hurst

Features

Bed(s)4
Bath(s) 5 Total
SQ Feet4,534
Garage4
Car PortYes
ZoningAgriculture,Residential Single F
Acreage86.06
Water FrontYes
Property ViewYes

Interior

Cooling Yes / NoYes
CoolingDuctless
Heating Yes / NoYes
HeatingBaseboard, Electric, Heat Pump, Wood, Wood Stove
Interior FeaturesBreakfast Area, Central Vacuum, Vaulted Ceilings, Window Treatments
Window FeaturesDrapes, Window Coverings
FurnishedUnfurnished
AppliancesDouble Oven, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator

Exterior

Exterior FeaturesDeck, Hot Tub Spa, Sprinkler Irrigation
RoofMetal
Construction MaterialsBrick
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel

Parking

Garage Yes / NoYes
Attached Garage Yes / NoYes
Parking FeaturesAttached, Garage

Utilities

UtilitiesElectricity Available, High Speed Internet Available, Phone Available, Septic Available

Other

List AorFour Corners Board Of Realtors

Taxes

Property4049

Area Information

StateCO
CountyMontezuma
CityCortez
Zip Code81321
AreaMontezuma County Rural NW
Community NameOther
School DistrictMontezuma-Cortez 9-12
Elementary SchoolKemper K-5
High SchoolMontezuma-Cortez 9-12
Listing VS Median (in Other)
Price:
$3,500,000
low | high
Med:
$565,000
100% of Average
sqft:
4,534
low | high
Med:
1,787
100% of Average
$ / sqft:
$772
low | high
Med:
$318
100% of Average
On site:
7
low | high
Med:
174.5
4.011461318052% of Average
Sourced by Back At You

Market Activity 81321

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Learn More About This Property

StateCO
CountyMontezuma
CityCortez
Zip Code81321
AreaMontezuma County Rural NW
Community NameOther
School DistrictMontezuma-Cortez 9-12
Elementary SchoolKemper K-5
High SchoolMontezuma-Cortez 9-12
Listing VS Median (in Other)
Price:
$3,500,000
low | high
Med:
$565,000
100% of Average
sqft:
4,534
low | high
Med:
1,787
100% of Average
$ / sqft:
$772
low | high
Med:
$318
100% of Average
On site:
7
low | high
Med:
174.5
4.011461318052% of Average
Sourced by Back At You
Listing Updated: September 25, 2026 at 9:01:35 AM PDT
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