Land · Active

TBD S Hwy 550

Durango, CO 81303

$397,000

Unimproved Land

Property Type

18.04 acres

Lot Size

838388

MLS #

About This Property

Discover the opportunity to build your dream home and continue the legacy of productive agricultural use on this beautiful 18.04-acre parcel—Lot A1 of the Milagro Farm, located within the Hess Minor Subdivision just south of Durango, Colorado. This property offers privacy, breathtaking views and practical features that make it ideal for a blend of rural living and agricultural use. One home is permitted on the property and can be sited on the rear portion of the lot without impacting the existing pond, which is currently used for irrigation runoff. Lot A1 has an active electric pole on the property; Buyers will need to install an individual well and septic system in compliance with state and county requirements.

A side roll sprinkler is included for efficient irrigation. The lot is currently eligible for agricultural property tax status, livestock of any kind is allowed on the property. Irrigation Water is a key advantage of this parcel. The property includes an allocation of 20 acre-feet of Project Water (pending final plat approval and agreement with the Florida Water Conservancy District and Bureau of Reclamation), and while the neighboring owner retains 12 additional shares of irrigation water, a Declaration of Covenants allows for shared access and cooperative water use between the property owners.

Whether you're looking to establish a small-scale farm, build a rural retreat, or invest in a piece of land with long-term potential, Lot A1 at Milagro Farm offers flexibility, water access, and room to grow—all just minutes from Durango.

59 days on market

Listed by Jarrod Nixon · Coldwell Banker Mountain Properties · 970-259-3333

Last updated: 8/28/2026 1:38 AM · Source: Colorado Real Estate Network (CREN), MLS#: 838388

Property Details

Key Details

Property Type Land
Sub Type Unimproved Land
Status Active
Subdivision Other
MLS # 838388
Days on Market 59

More Details

Lot Size (Sq Ft) 785,822
Acres 18.04
Annual Taxes $292
Tax Year 2026
State CO
County La Plata

Location

Price History

DateEventPrice
10/5/2026 Price change
Source: Colorado Real Estate Network (CREN) #836427
$1,350,000 +184.2%
8/24/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #838388
$475,000 -64.8%
6/24/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #836427
$1,350,000 +121.3%
6/17/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #836165
$610,000 -76.5%
6/15/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #836028
$2,600,000 -93.9%
4/9/2026 Listing removed
Source: Colorado Real Estate Network (CREN) #823131
—
4/9/2026 Price change
Source: Colorado Real Estate Network (CREN) #823131
$42,500,000 +9,900.0%
12/2/2025 Listing removed
Source: Colorado Real Estate Network (CREN) #814789
—
12/2/2025 Listing removed
Source: Colorado Real Estate Network (CREN) #814787
—
4/17/2025 Listed for sale
Source: Colorado Real Estate Network (CREN) #823131
$425,000 -83.7%
6/13/2024 Listed for sale
Source: Colorado Real Estate Network (CREN) #814789
$2,600,000 +326.2%
6/13/2024 Listed for sale
Source: Colorado Real Estate Network (CREN) #814787
$610,000

SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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Listing information last updated August 28, 2026 at 1:38 AM.

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