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  • Price cut: $200K (10/2)
    $1,175,000

    16932 Road 20, Cortez, CO 81321

    3beds
    1,500sqft
    : 
    $7,142/mo
    Get pre-qualified
    Stick Built
    Built in 1994
    29 Acres Lot
    $1,110,200 Zestimate®
    $783/sqft
    $-- HOA

    What's special

    Open skiesComfortable single-level residenceOpen pastureEstablished ranch infrastructureSurrounding countrysideNatural terrain
    Tucked privately into the rolling landscape of Southwest Colorado just outside Cortez, this exceptional ranch and equestrian property combines valuable WATER RIGHTS, usable acreage, horse infrastructure, paved-road access, and remarkable privacy in an authentic Western setting. The property cannot even be seen from the county road, with a private driveway extending approximately 300 yards before the ranch comes into view—creating a secluded feel without sacrificing convenient year-round access. Thoughtfully positioned to capture expansive views, open skies, and the surrounding countryside, this is the type of Colorado horse property increasingly difficult to find. Designed for both lifestyle and functionality, the ranch offers open pasture, natural terrain, established ranch infrastructure, and plenty of room for horses, livestock, equipment, riding, training, gardening, or future improvements. The equestrian component is a standout feature, providing the space and versatility needed for recreational riders, performance horses, or a more extensive horse operation, while the property's water rights add significant value and flexibility for agricultural and ranch uses. The comfortable single-level residence blends naturally into the setting and provides multiple possibilities—enjoy it as a full-time ranch home, use it as your Colorado getaway, live comfortably while designing and building a larger custom residence, or eventually transition it into a guest house or secondary living space, subject to applicable approvals. Large windows bring the surrounding landscape indoors, while outdoor living areas provide a natural place to relax after a day of riding, working the property, or exploring Southwest Colorado. The combination of privacy and accessibility is especially compelling: although the ranch feels removed from the outside world, it sits just off paved roads and provides convenient access to Cortez, Dolores, Telluride and the greater Four Corners region. Nearby Southwest Colorado offers exceptional horseback riding, hiking, mountain biking, fishing, hunting, skiing, boating, public lands, and year-round outdoor recreation. Whether you're searching for a Cortez horse property, Colorado ranch with water rights, equestrian property, hobby ranch, recreational retreat, acreage property, future custom-home site, or private Southwest Colorado residence with room to expand, this ranch offers a rare combination of water, usable land, privacy, accessibility, and true Western lifestyle.
    159 days
    248
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Blackmore 970-903-7477,

    Blackmore Group,

    David Bachman 970-610-0726,

    Blackmore Group

    Source: CREN,MLS#: 834472MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Dining room
      • Features: Eat-in Kitchen, Separate Dining
      Heating
      • Forced Air, Wood Stove
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
      • Laundry: W/D Hookup
      Features
      • Granite Counters
      • Flooring: Laminate, Tile
      • Windows: Window Coverings
      • Basement: Crawl Space
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Stove
      Interior area
      • Total structure area: 1,500
      • Total interior livable area: 1,500 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      • Parking features: Other
      • Garage spaces: 10
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Mountain(s), Valley
      Lot
      • Size: 29 Acres
      Details
      • Additional structures: Barn(s)
      • Parcel number: 535524200014
      • Zoning description: Agriculture
      • Horses can be raised: Yes
      • Horse amenities: Arena, Corral(s)

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Stick Built
      Materials
      • Wood Frame, Stucco
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1994

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Internet, Propane-Tank Leased

      Community & HOA

      Community
      • Subdivision: Other
      HOA
      • Has HOA: No
      Location
      • Region: Cortez

      Financial & listing details

      • Price per square foot: $783/sqft
      • Tax assessed value: $281,631
      • Annual tax amount: $2,267
      • Date on market: 5/8/2026
      • Has irrigation water rights: Yes
      • Road surface type: Paved

        Estimated market value

        $1,110,200

        $1.05M - $1.17M

        $2,163/mo

        Price history

        DateEventPrice
        10/2/2026Price change$1,175,000-14.5%$783/sqft
        Source: CREN #834472 Report a problem
        5/8/2026Listed for sale$1,375,000-16.7%$917/sqft
        Source: CREN #834472 Report a problem
        11/1/2025Listing removed$1,650,000$1,100/sqft
        Source: CREN #820950 Report a problem
        2/4/2025Listed for sale$1,650,000+32%$1,100/sqft
        Source: CREN #820950 Report a problem
        3/15/2023Listing removed--
        Source: CREN #793047 Report a problem
        10/3/2022Listing removed$1,250,000$833/sqft
        Source: CREN #793047 Report a problem
        9/16/2022Price change$1,250,000-7.4%$833/sqft
        Source: CREN #793047 Report a problem
        5/5/2022Listed for sale$1,350,000+152.3%$900/sqft
        Source: CREN #793047 Report a problem
        4/22/2020Sold$535,000-2.6%$357/sqft
        Source: Public Record Report a problem
        7/3/2014Listing removed$549,000$366/sqft
        Source: RE/MAX Mesa Verde Realty #695472 Report a problem
        7/1/2014Listed for sale$549,000$366/sqft
        Source: RE/MAX Mesa Verde Realty #695472 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,267 +10.8%$41,140
        2023$2,046 +22.3%$41,140 +29.5%
        2022$1,673 $31,770 -7.1%
        2021-- $34,190 +34.2%
        2020-- $25,480 +12%
        2017-- $22,740 +11.8%
        2016$941 $20,340 -91.7%
        2015$941 $246,410 +1172.1%
        2014-- $19,370 -17.8%
        2013-- $23,560 +49%
        2012-- $15,810
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81321

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lewis-Arriola K-5
        • Middle: Cortez 6-8
        • High: Montezuma-Cortez 9-12

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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