Exceptional 926 Acre Farm & Ranch Operation Two Premier Properties Combined! An incredible opportunity to own one of the most productive and versatile farm and ranch operations in the region! This expansive 926+/-acre offering includes approximately 640 top-producing irrigated acres and 283 dry, non-irrigated acres. All irrigated ground is serviced by pivots and wheel lines, ensuring maximum efficiency and yield. Included are 1,283 combined shares of Gunnison Irrigation Canal water, providing a strong and reliable water right portfolio. Main Residence: The showcase of the property is an impressive nearly 5,000 sq ft custom home featuring 5 bedrooms and 4 bathrooms, designed with comfort and function in mind. Beautifully landscaped grounds surround the home, complete with an expansive covered patio, outdoor cooking station, and plenty of space for entertaining. Multiple detached shops, garages, and storage sheds provide ample room for equipment, tools, and vehicles. Second Farmhouse & Working Operation: The second home is a charming and functional 5-bedroom, 2-bath farmhouse, set among mature trees and surrounded by a full complement of outbuildings, working cattle corrals, scales, and a large hay barn. This is a fully operational setup ready for livestock, hay, or mixed agricultural use. Additional Features: Turn-key operation: All working farm equipment included (detailed equipment list attached) Two separate ownerships combined to create this exceptional 926 acre package Efficient, well-managed operation with diversified income potential Rare opportunity to purchase a large, contiguous, high-producing farm and ranch property This property is truly one-of-a-kind-efficient, unique, and nearly impossible to replicate in today's market. Whether you're expanding an existing operation or seeking a top-tier agricultural investment, this offering represents the best of both production and lifestyle living.
For sale
$14,775,000
390 N Madsen Ln, Gunnison, UT 84634
5beds
4,910sqft
Single Family Residence
Built in 1975
926 Acres Lot
$-- Zestimate®
$3,009/sqft
$-- HOA
What's special
Large hay barnExpansive covered patioTop-producing irrigated acresOutdoor cooking stationMature treesBeautifully landscaped groundsWorking cattle corrals
- 259 days |
- 387 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Kacey Nielson 435-893-5477,
Coldwell Banker Preferred Properties
Source: UtahRealEstate.com,MLS#: 2120933
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 3
Rooms
- Room types: Master Bathroom, Den/Office, Updated Kitchen
Heating
- Forced Air, Central, Propane, Wood
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Microwave, Refrigerator, Washer, Water Softener Owned, Free-Standing Range
- Laundry: Electric Dryer Hookup
Features
- Separate Bath/Shower, Walk-In Closet(s), Vaulted Ceiling(s)
- Flooring: Carpet, Hardwood
- Windows: Blinds, Window Coverings
- Basement: Full
- Number of fireplaces: 4
- Fireplace features: Fireplace Equipment, Wood Burning Stove
Interior area
- Total structure area: 4,910
- Total interior livable area: 4,910 sqft
- Finished area above ground: 3,521
- Finished area below ground: 1,389
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
- Attached garage spaces: 4
Accessibility
- Accessibility features: Accessible Doors, Accessible Hallway(s)
Features
- Stories: 2
- Patio & porch: Porch, Open Porch
- Exterior features: Swing Set
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Valley, Red Rock
Lot
- Size: 926 Acres
- Features: Sprinkler: Manual-Full
- Topography: Terrain
- Residential vegetation: Landscaping: Part, Mature Trees
Details
- Additional structures: Workshop, Outbuilding, Storage Shed(s)
- Parcel number: 00010133X1
- Zoning: A
- Zoning description: Single-Family, Agricultural
- Other equipment: Workbench
- Horses can be raised: Yes
- Horse amenities: Horse Property
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Rambler/Ranch
- Property subtype: Single Family Residence
Materials
- Asphalt, Brick, Stucco
- Roof: Asphalt
Condition
- Blt./Standing
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Private Sewer, Septic Tank, Sewer: Private, Sewer: Septic Tank
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Gunnison
Financial & listing details
- Price per square foot: $3,009/sqft
- Annual tax amount: $7,503
- Date on market: 10/31/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Inclusions: Ceiling Fan, Dryer, Fireplace Equipment, Microwave, Range, Refrigerator, Storage Shed(s), Swing Set, Washer, Water Softener: Own, Window Coverings, Wood Stove, Workbench
- Exclusions: Freezer, Gas Grill/BBQ
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
- Road surface type: Unimproved
Estimated market value
Not available
Estimated sales range
Not available
$3,396/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Listed for sale | $14,775,000$3,009/sqft |
Source:  UtahRealEstate.com #2120934 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 84634
Nearby schools
GreatSchools rating
- 7/10Gunnison Valley SchoolGrades: PK-5Distance: 2.7 mi
- 4/10Gunnison Valley Middle SchoolGrades: 6-8Distance: 2.7 mi
- 6/10Gunnison Valley High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Gunnison Valley
- Middle: Gunnison Valley
- High: Gunnison Valley
- District: South Sanpete
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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