$3,345,000 • 360.4 acres
Circle H Ranch now available! This 360 acre ranch is a working cattle ranch and located within the City of Montrose city limits. The ranch boasts 107.32 irrigated acres with deeded rights, all of which are in hay and have been farmed for years. Just on the east side of Montrose, it has Highway 50 frontage for easy access in and out. The ranch border is literally 5 minutes from the Historic Downtown Montrose. The development possibilities abound here!! Previously, the ranch has been approved and platted for a couple of subdivision options:
350 acres of agricultural land was approved for R1A zoning - meaning one home-with-a-view per every half acre and 10 acres with B4 commercial zoning.
There is an existing platted subdivision with 108 residential lots zoned R1 and 10 acres of B4 commercial property with the possibility of retail space, office space, condos, a theater, amphitheater, rec center and a hotel and all within City of Montrose.
The right investor will see the development possibilities and take the possibilities which were approved in the past and resubmit and reapply to the City for current approval. This is your chance to make a permanent mark on Montrose and have a legacy on the Western Slope. Or perhaps this is your “forte” – design your own development plan and go with that! Endless options with this beautiful ranch property. In 2013, Montrose was named an All American City for its focus on the quality of life and its business redevelopment. We are starting to see the beginning of a growth period for Montrose with the Mayfly development being started on the west side of the downtown area. You can balance out the growth and develop on the east side! The Western Slope and especially Montrose is a beautiful Colorado location with so many activities and things to offer. Just about 10 minutes from this property is the Black Canyon of the Gunnison (River) National Park. The Black Canyon along with most of the Western Slope gives you the chance to go hiking, camping, fishing, rock climbing, kayaking, 4 wheel drive trails, horse trails, river rafting and much more! Montrose itself has 3 world class golf courses: Black Canyon, The Bridges (a Jack Nicklaus designed course) and Cobble Creek. And just 20 minutes south of Montrose is Cornerstone Golf Club (a Greg Norman designed course). And just 30 minutes south of Montrose is Divide Ranch and Golf Club located on Log Hill Mesa. In addition, Montrose and surrounding area have a multitude of cultural and entertainment options. The beginning of infrastructure is already in place: city sewer line, water taps available and all utilities to property line. This property is breathtaking with amazing mountain views and you will not find an opportunity like this again. Snap this up before it is too late!