15980 Grange Road

Paonia, CO 81428

Prime Income-Generating Property with Exceptional Water Rights, Two Homes, and Expansive Acreage in the North Fork Valley. Positioned just beyond the vibrant community of Paonia in the picturesque North Fork Valley, this extraordinary 19-acre estate offers a harmonious fusion of historical elegance and contemporary luxury. With an impressive monthly rental income of $3,000, this property stands not only as a beautiful residence but also as a lucrative investment opportunity. Encompassing approximately five irrigated acres, the land benefits from seven shares of Stewart Ditch water rights, ensuring a consistent and plentiful water supply across the property. This unique asset adds significant value and flexibility to the estate, making it ideal for various agricultural or recreational pursuits. The estate includes two distinct homes, each with its own unique charm and appeal. The original home, a 1909 architectural gem, has been thoughtfully remodeled to preserve its historic craftsmanship while integrating modern conveniences. This seamless blend of old and new offers a living experience that is both timeless and comfortable. The second home is a modern masterpiece, featuring distinctive architectural angles, abundant natural light, a custom kitchen, and versatile spaces suitable for bedrooms or offices. The surrounding landscape enhances the property’s allure, with a serene pond shaded by mature trees, inviting garden pathways, and spacious greenhouses equipped with over 30 yards of premium soil, perfect for thriving horticultural projects. Additional amenities include multiple outbuildings suitable for storage or workshop use and a vast, fully insulated shop with metal panel finished walls and robust power infrastructure. This versatile space is ideal for a variety of professional or recreational activities. Situated on a private hilltop just past Black Bridge, this property offers unmatched seclusion with the added benefit of no deed restrictions or covenants. The diverse terrain invites exploration, and direct access to BLM (public) land from the rear of the property provides endless opportunities for hiking, horseback riding, and outdoor adventure. This is a rare opportunity to own a distinguished property in the North Fork Valley, where income potential meets the serene beauty of rural living.

Listing courtesy of Tristen Todd of Needlerock Mountain Realty and Land, LLC



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Data last updated at: 2024-10-19 12:00 AM UTC