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.
Active
Price cut: $200K (10/2)
$1,175,000
16932 Road 20, Cortez, CO 81321
3beds
1,500sqft
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
- 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#: 834472
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
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Price change | $1,175,000-14.5%$783/sqft |
Source: | ||
| 5/8/2026 | Listed for sale | $1,375,000-16.7%$917/sqft |
Source: | ||
| 11/1/2025 | Listing removed | $1,650,000$1,100/sqft |
Source: | ||
| 2/4/2025 | Listed for sale | $1,650,000+32%$1,100/sqft |
Source: | ||
| 3/15/2023 | Listing removed | -- |
Source: | ||
| 10/3/2022 | Listing removed | $1,250,000$833/sqft |
Source: | ||
| 9/16/2022 | Price change | $1,250,000-7.4%$833/sqft |
Source: | ||
| 5/5/2022 | Listed for sale | $1,350,000+152.3%$900/sqft |
Source: | ||
| 4/22/2020 | Sold | $535,000-2.6%$357/sqft |
Source: Public Record Report a problem | ||
| 7/3/2014 | Listing removed | $549,000$366/sqft |
Source: RE/MAX Mesa Verde Realty #695472 Report a problem | ||
| 7/1/2014 | Listed for sale | $549,000$366/sqft |
Source: RE/MAX Mesa Verde Realty #695472 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 81321
Nearby schools
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.







