31965 County Road 32
La Junta, CO 81050

Description

Productive small farm and/or cattle ranch with lake frontage on Lake Cheraw, the Pfeif Ranch has 220 deeded acres and an adjacent 160-acre BLM dryland grazing lease. The Pfeif farm has 80 acres of tillable land, along with about 80 acres of sub-irrigated pasture lands and 60 acres of dryland grazing, along with the adjacent BLM lease with another 160 acres of dryland grazing. Local farms also grow onions, corn, and alfalfa. The Pfeif farm is planted in alfalfa and grass-alfalfa hay, and occasionally stands of sorghum, which makes excellent cattle feed. The Pfeif Farm has 130 shares of the Holbrook Ditch, which is an important senior water right in the area. The shares can be bought and sold on the open market, and they typically trade at $2,200 a share, making the shares worth a total of $286,000. The home is served by a community well that is shared with several other homes in the area. The Pfeif farm has modest improvementsseveral outbuildings, including a 3-sided shelter for cattle; corrals; a 40x60 metal shop building; and a 3-bedroom, 1-bath old farmhouse that is functional, but nothing special. One of the greatest assets to this property is its 2,300 feet of frontage on Lake Cheraw, which is one of the top waterfowl lakes in the southern part of the state. Literally thousands of ducks and geese, as well as all kinds of other shore birds and marsh birds, congregate on this lake. Waterfowl hunting can be terrific. The owner of this property describes tens of thousands of geese coming in to feed on sorghum fields on the property for months at a time. Duck hunting on the lake shore can also be very, very good. This property is an excellent candidate to set up several blinds, including pit blinds for geese, and plant crops that are favorable to waterfowl species, such a sorghum, milo, corn, or millet.

Details

MLS#746159
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Year1946
Days On Site293

Features

Bed(s)3
Bath(s) 1 Full
SQ Feet1,262
Story(s)1 Story
Acreage220.00
Water FrontYes
Property ViewYes

Additional Information

Taxes1380

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Area Information

StateCO
CountyOtero
CityLa Junta
Zip Code81050
AreaOther Area
Middle SchoolOpen Enrollment
High SchoolOpen Enrollment
Listing VS Median (in 81050)
Price:
$449,000
low | high
Med:
$449,000
50% of Average
SqFt:
1,262
low | high
Med:
1,262
50% of Average
$ / SqFt:
$356
low | high
Med:
$356
50% of Average
On Site:
293
low | high
Med:
293
100% of Average
Listing Updated: 03/23/2019
MLS Number: 746159
Listing Provided By:
Gary Hubbell  of  United Country Colorado Brokers



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