Explore a unique investment opportunity featuring outstanding seller financing options for a highly desirable parcel of land at Vallecito Reservoir. This property is priced at the current market value, presenting a chance to secure it through a bidding process. Located in the coveted Golden Forest area, this approximately 38-acre tract of land boasts lush meadowland, a large pond, and the meandering Lost Creek.
A feature of this property is its shared well, ensuring reliable water access. Additionally, it possesses valuable Senior Water Rights, among the earliest deeded rights above Vallecito, allowing for irrigation at an impressive rate of 3 cubic feet per second (3CFS), equivalent to 662 million gallons per year. Such abundant water resources create ample possibilities for agricultural, residential, or recreational development.
Situated adjacent to the Lakelands Fence, the property offers significant paved road frontage and convenient easements leading to the Bureau of Reclamation land that extends to the lake's north shore. This ideal location provides stunning views of the surrounding mountains and the tranquil lake, making it an excellent choice for a resort or recreational retreat.
Over the years, this parcel has garnered interest for various development ideas, including a Bavarian-style village comprising 42 shops and workforce housing, as well as the potential for a 9-hole golf course integrated seamlessly into the natural landscape. Brokers are encouraged to review the associated documents, which include site plans, to explore the possibilities further.
This remarkable investment opportunity may be your final chance to acquire a property of this caliber, as the long-time owner is retiring and considering all offers. Ensure you submit your most competitive offers before the bid deadline on July 21st. Don't miss out on this extraordinary chance to secure Vallecito Reservoir's most coveted piece of developable land.
Discover the harmonious blend of natural beauty, small-town charm, and a close-knit community in Bayfield, CO. Embrace outdoor adventures amidst stunning landscapes, enjoy local businesses, and immerse yourself in a warm and welcoming atmosphere. With excellent schools and easy access to nearby attractions, Bayfield offers a fulfilling lifestyle in a breathtaking setting.