Property Description

The most striking aspect to this unique Durango property is the “stunning” views of the Florida River valley and the La Platas & San Juan mountains as seen in image 1.This property has a portion on top of the Florida Mesa as well as several acres in the valley about 200 feet below with 678 feet of Florida River frontage. It is comprised of 37.5 acres of unrestricted property that serves as the entrance to the gated community of Florida River Ranch of which it was Lot 3 as shown in image 2.This is the separate listing of Lot# 3 both Lots 2 & 3 are listed separately & together; pricing reflects a discount when both are purchased. The owners bought this property because of the amazing views shown. Property is "outside" the HOA pay a gate fee of about $100/yr, so there is potenial for use as rental property. About 14 acres are flat land including mesa top and riverside areas) and the remaining is sloped terrain from the mesa top to the valley 3.The southern portion is on the Mesa that surrounds the paved Thoroughbred Road is mainly flat land with equestrian resources. A 5000 sq ft haybarn and 1500+ sq ft stable 4 with multiple fenced pens with welded iron pipe fencing surround the paved road 5-10. Presently the seven stall Morton Barn (built in the early 1980’s) includes a tack room and 3 stalls have been rebuilt with new floors and separating walls. If we view the Stable from these drone images 11-12 taken from the East a shed and flat terrain are behind. This terrain is about 5 acres, extends north and is the northwest corner of the property 13.Thoroughbred Road turns sharply down to the valley 12 and about a third of the way down is the deeded spring Senior Water Rights with 1 CFS historically never gone dry 14. The drone image 15 shows a view from the valley westward with the approximate property borders outlined and the Florida River frontage. About 3 acres of the land along the river is nearly flat terrain and the river’s edge is higher on the west such that it appears above any floodplain. Images down by the river show the riverfront and bridge 16. The final images are views of the land by the riverfront from Thoroughbred Road 17 and views up at the Mesa top from that same area 18. The original Florida River Ranch property was 600 acres, which was subdivided into lots for the Florida River Ranch subdivision. On the west side of the Florida river Florida Mesa top and slope to the valley, this property was used for the 60 ft right of way of paved portion of Thoroughbred Road down to the valley HOA applies to properties east of the bridge over the Florida River. Lot 3 was on sale this last year $599K but is now being combined with the Lot 2 for this sale, but the owners are open to selling the lots separately separate listings. Because Lot 3 is a separate lot, this can be developed for another residence.. The location of the haybarn is a potential building site on Lot 3 as it has excellent views.This property has everything you want to enhance the Colorado Outdoor Experience as the rural natural beauty,wildlife adjacent to natural avian preserve with deer and turkey seen regularly, horseback riding, fishing, and winter sports activities are available in every direction from this south Durango location. Purgatory Resort is about an hour north.The Durango Historic Railroad has the world-famous scenic railway to Silverton. Incredible sunrises, sunsets and avian species nesting sites for golden eagles in the adjacent cliffs are seen regularly. All of this overlooks the incredible views from 200 feet above the Florida River valley and the surrounding mountains. This property is basically horse ready”, it has space for another residence, or it might be developed into a smaller farm because of the abundant water. Property comes with Senior Water Rights with 1 CFS from a spring that has historically never gone dry. This could comfortably house about, a small livestock or crop farm. cont in addendum