$8,750,000 7778 County Road 240 Durango, CO

MLS: 714837   Type: Single Family   County: La Plata   City: Durango   Area: Durango Rural   Neighborhood: Not Applicable   Zip: 81301     Stories: 3   Taxes: $3,279

Mortgage $41,080 /mo



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Welcome to the El Dorado Ranch– "the golden one." This is a unique opportunity featuring 420 acres of rolling meadows and dramatic mountains in the Florida River valley; less than 6 miles from historic downtown Durango. This legacy ranch offers the ranch lifestyle in totality. Over 5,000 linear feet of the Florida River runs through the ranch––an excellent fishing habitat which holds rainbow, brown and cut bow trout. The 7543 SF main residence with nearly 12,000 SF under roof, is a piece of art in and of itself. Perched above the working portion of the ranch, the home embodies every detail you’d expect in this caliber of home with the perfect blend of woods and stones found throughout. 1474 SF manager’s home, hay barn, equipment building and paddocks assist in the ease of the operation. A handsome security electronic gate frames the entrance road as you enter with irrigated hay fields on each side. There are several building envelopes that would be exceptional locations for the new owners to choose from. The ranch has a large pond that also provides fishing and excellent family recreation such as boating, floating, and swimming complete with a dock and excellent picnic spot. The hay fields have ample irrigation that is delivered via irrigation gun, gated pipe and flood irrigation. Variation of terrain offers the advantage of having everything from river bottom and irrigated crop land, to the ridge top terrain. This terrain is also an excellent additional home site with breathtaking views to the “upper meadows” that provide pasture for livestock and the abundant wildlife including deer, elk, wild turkey, mountain lion and bear. Additionally, these upper meadows are ideal for horseback riding, hiking, snow shoeing and cross country skiing. The property adjoins BLM lands on the south providing an excellent buffer. To the east is a privately owned ranch of over 1,000 acres which also provides exceptional privacy. The ranch has supported a natural longhorn herd, as well as recreational horses for the last several years. It is being sold complete with equipment to maintain operations. In addition, the existing ranch manager has been taking care of the ranch for over 2 decades and would be an important asset to the future owner. This ranch has year-round beauty provided by the mixture of the riparian trees, pastures and meadows, gamble oak, ponderosa pine, juniper, pinon, fir and spruce trees, and aspen. A breadth of natural plants and trees.

Elementary School

Middle School

High School

Riverview K-5
Distance: N/A Miles
Miller 6-8
Distance: N/A Miles
Durango 9-12
Distance: N/A Miles

Price History

2/15/2016 Listed $9,750,000
7/21/2016 6% - $9,250,000
3/3/2017 6% - $8,750,000

Green Certification Y/n No
Hoa Y/n No
Listing Status Active
New Construction Y/N No
Stories Three Story
Subdivision Not Applicable
Type Stick Built
Utilities Electric, Propane-Tank Owned
Zoning Residential Single Family

Interior Features

# of Fireplaces Bedroom, Den/Family Room
1/2 Baths 3
1/4 Baths 0
3/4 Baths 0
Appliances Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Double Oven, Exhaust Fan
Cooling Refrigerated Air
Dining Kitchen Bar, Breakfast Nook, Living Room Dining
Flooring Carpet-Partial, Hardwood, Tile
Full Baths 5
Heating Floor Radiant, Fireplace
Interior Features Window Coverings, Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Sound System, Wet Bar, Vaulted Ceiling, Granite Counters, Guest Quarters, Pantry, T&G Ceilings, Walk In Closet, Elevator, Garage Door Opener
Master Bedroom Level Main Level
Water Heater Propane Water Heater

Exterior Features

Carport No
Construction Type Wood Frame
Exterior Features Landscaping, Irrigation Water, Patio, Deck, Gas Grill, Lawn Sprinklers, Covered Porch
Foundation Basement-walk out
Garage Attached Garage
Garage Capacity 3
Lot Dimensions irreg
Lot Size Area 420
Roof Architectural Shingles
Siding Stone, Wood
Structures Barn, Corral, Guest House
View Mountains, Valley, Stream/River, Lake/Pond/Reservoir
Water Rights/irrig. No
Waterfront River
Waterfront Yes

Listing Provided Courtesy Of: The Wells Group of Durango, Inc.

Property Schools

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Property vs Zip Code Avg (81301)

Price 8.75M Avg 1.08M

Sqr Feet 7,543 Avg 3,272

Cost / Sqr Ft $1,160 Avg $330

Taxes $3,279 Avg $2,239

Acres 420 Avg 10.99

Visits 7 Avg 31

Days on Site 614 Avg 147

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Listing Provided Courtesy Of: The Wells Group of Durango, Inc.

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Location & Address

108 E Georgia Ste A
Gunnison, CO

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