Beautiful farm with water rights 10 miles northwest of Farmington or 30 miles southwest of Durango, Colorado. Great views of the San Juan Mountains. Pre-platted for 2 acre tract subdivion with 2 county road accesses. City water run to the property. Seller is builder and will develop or cooperate with buyer on subdivsion. Adjacent acre lot homesites selling for $35,000.00. Farm currently leased and 1/2 is in alfalfa production.

SIZE & LAND TENURE:
150 +/- acres

GEOGRAPHY:
Flat fields with drainage to the east.

PASTURES:
2 pastures.

WATERS:
One domestic well. Farmington City Water piped to the property. 212 shares of irrigation water from the La Plata River via the Highland Park NM Canal; administered by the Upper La Plata Water Users Association.

MINERALS:
None

IMPROVEMENTS:
Hay Barn, small set of old corrals, well house.

TAXES & LEASES:
Property tax: $900.00 annualy Water rights: $1,500.00 annually

Price & Terms:
($1,200,000 cash or terms acceptable to seller.)