Price Reduction
Address
17965 Cr P5, San Luis, CO
Price
$ 3,500,000
Property Attributes
  • MLS#26822
  • TypeSingle Family
  • Listing Status Active
  • CountyCostilla
  • CitySan Luis
  • NeighborhoodNo Subdivision
  • Zip81152
  • StyleRanch
  • Year Built1927
  • Taxes$ 1713
  • Price$ 3,500,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2046
  • Lot Size317 Acres
Data Source:
Spanish Peaks MLS
Property Description

Welcome to R&R Family Farm, a charming agricultural property that embodies the essence of rural living and sustainable farming -- resting on 317.48 acres, just a mile and a half west of the town of San Luis. Water rights are what truly set this property apart. The People's Ditch -- the oldest water right in Colorado -- offers much more than historical relevance. This property carries 281 shares of the People's Ditch, including half a mile of the Rio Culebra, leased to the Solitary Anglers Club of Taos, New Mexico -- providing access to private water across Colorado, New Mexico, and Wyoming. Trophy Brown and Cutbow trout call these waters home, while elk and mule deer frequent the property's open ground. In a year marked by severe drought across the West, R&R Family Farm remains rich with water -- a testament to the water assets and productive ground. The land itself is just as productive. 280 irrigated acres support thriving alfalfa and grass -- 60 acres in alfalfa, yielding 5 tons per ... acre, and grass yielding 2 to 3 tons per acre. The modest homestead features a comfortable home that provides the necessities, together with a Quonset hut -- sixty by one hundred feet -- a barn near the home at sixty by forty feet, two grain silos, and dedicated hay storage. A conservation easement with Colorado Open Lands protects the land's legacy, excluding four acres -- and a transferable key to Cielo Vista comes with the property. Rounding out the operation, two sets of cattle pens are ideal for managing separate herds, facilitating breeding programs, or organizing cattle by age and size. Whether you're looking to raise livestock, grow your own food, or simply enjoy the tranquility of country living... R&R Family Farm represents more than just property. It's an invitation to a lifestyle rooted in land stewardship, history, honest work, and rural tradition -- providing the perfect foundation for your agricultural dreams.

Price History
8/20/2026 Listed $35,000,000
8/20/2026 90$3,500,000

General Features

Heating Forced Air
Zoning Agricultural
Architectural Style Ranch
Year Built 1927
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Costilla
Property Type Residential
Attached Garage false
Subdivision Name No Subdivision
Other Structures Barn(s)
Total Rooms 7
Full Baths 1
Status Active
City San Luis
Lot Size Units Acres
Lot Size Square Feet 13808520
Tax Annual Amount 1713.24
Standard Status Active
Legal Description Lengthy, Contact the Listing Broker

Interior Features

Flooring Carpet,Tile
Fireplace Features Wood Burning Stove,Living Room
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 2046
Total Bedrooms 3
Total Baths 1
Heating-Forced Air true

Exterior Features

Parking Features RV Parking
Lot Features Irregular Lot
Water Source Well
Lot Size Area 317
Building Area Total 2046
Lot Size Acres 317
Horse Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81152

Price
AVG $210K
$3.5M
Taxes
AVG $687
$1,713
Year Built
AVG 1984
1927

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