Property
$699,000640 Acres4 beds • 1 bath • 1,520 sq ft
Sold
Sold
$699,000640 Acres
Sold
4 beds • 1 bath • 1,520 sq ft

28301 County Road 4B, Genoa, CO 80818 - Lincoln County

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Property ID 17640788

4BD 1BA Home With CRP And Pasture

Description

Country home with large acreage away from the hustle and bustle of the city with pasture & CRP. Great for a family involved in 4H or just looking to have some space for livestock. Recent updates include newer stucco siding, roof, and windows. The main level boasts a bedroom, bathroom, kitchen, living room, den, and laundry room. Upstairs you will find a loft with three additional bedrooms. Additional storage can be found in the basement. Several outbuildings and corals are located near the house. Just to the east of the house, you will find a large, fully fenced pasture containing roughly 146.44 acres with a large water collection dam that fills up after heavy rains. Located approximately 4 miles from State Highway 71, the property has good access and is only a short distance away from Limon, CO.For the investor or buyer looking for passive income, there are 483.26 acres of CRP paying $10,148 annually until 2030. The thick CRP grasses provide great habitat and bedding areas for the local wildlife. Hunting opportunities on the property include deer, antelope, upland birds, predators, waterfowl, & small game. If not hunting the property yourself, there is an opportunity to lease it out for hunting for additional annual income. As an additional option, a new buyer may have the ability of purchasing out the CRP contract to turn the mostly level cropland back into production with the current high commodity prices. Crops grown in the area include corn, wheat, milo, millet, and sunflowers. Located in a good farming area, the tillable acres could either be rented to a local farmer under a cash lease or crop-share agreement if purchased out of the CRP contract. Contact the agent to find out details about the ability to purchase the house and pasture separately if desired. Don't miss out on this unique opportunity, and call Daniel Hunning (970) 227-1230 for more information or to schedule a private showing.

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Source:First Street

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Listing last updated: May 9, 2024 at 10:43 PM
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