TELLURIDE LAND PARCELS AND RANCHES

Buying ranch land can be an exciting and rewarding experience. Rural living and fresh air are enormously alluring. It’s a great investment regardless of whether you’re an investor looking to diversify your property portfolio or a first-time buyer entering the market.

Owning a ski ranch in Telluride can provide intangible benefits such as the enjoyment of nature and uninterrupted family time. When you choose your property wisely and manage the land carefully, you can be guaranteed tangible benefits in the long run.

Everyone knows the beauty of Colorado, especially Telluride, which is widely acclaimed by outdoor enthusiasts.

The quality of life here is unmatched, and real estate is selling. Telluride is a sight to behold with beautiful mountain scenery and unrivaled charm. This picturesque town is the perfect location for you to buy a piece of land or a ranch for your primary residence, commercial property, or a unique gateway.

While it’s thrilling to purchase land, it’s worth taking time to think about it. It takes skills, knowledge, groundwork, and commitment to get the right piece of land to call your own.

Things to Consider When Purchasing a Ranch or Parcel of LanD

Access to Property: When buying a home in a residential area, you may not be concerned about having access to the property, but when it comes to vacant land or ranch, you’ll need to make sure that you have legal access to it, especially, through right-of-way designations or roads. Also, it’s imperative to understand the rights of local agencies and neighbors, so you’re not trespassing on what’s not yours. You’ll also want stipulations in your contract pointing out that access is transferable as well as easements when you use someone else’s property
Zoning and Land Restrictions: Land can be designated for several uses such as industrial, commercial, mixed-use, agricultural, and residential. The local planning department regulates land parcels and their associated zones within Telluride, and you’ll want to follow up to know whether there are zoning problems or agreements that will affect your enjoyment of the property. This is also where you can find out if there are any land use restrictions levied on the property, especially if you want to develop the land.
Power and Other Utilities: The ability to have power in your ranch can make or break a contract. Being able to see power lines from the parcel of land doesn’t guarantee that you’ll be provided with it. So, it pays to understand the local power company’s rules as well as the availability of electricity to the property before you’re cut off from the outside world. When looking at the utilities, consider trash services and location of the nearest garbage collection center.
Access to water, sewage, and drainage: Before you sign on the dotted line, you’ll want to find out if your land or ranch has access to an adequate water supply and sewage system or whether you have the right to develop that on your property. If that’s allowed, then you’d want to test the land and systems before you make the purchase. You can get a percolation test done to determine how fast water drains through the soil and also check out the ranch to see if there is a septic system on-site. If you can’t connect to utilities or build on the property, this undoubtedly won’t be a wise choice as your new investment.
Mineral Rights: There are rights that many buyers don’t think long-term about or tend to overlook. Mineral rights can be even more complicated, and you need to understand what lies beneath because mineral rights and land rights often don’t go hand-in-hand. Having mineral rights on your ranch or parcel of land ensures that no third-parties can mine or drill on your property without your permission. If another owner has the mineral rights, you may not earn a penny or may be poorly compensated when a company tears up and mines on your ranch land.

Other items to consider when purchasing a ranch or vacant land:

Carrying capacity of the land
Uncontrolled hunting and fishing
Flood potential and drainage
Groundwater contamination
Old dumpsites on and around the property
Low pH, low organic matter in soils, or high salt content
Wetlands or archaeological sites

Population growth potential Ranchers looking for land for sale in Telluride, CO need reliable sources of information, but many often get advice from the wrong people who take advantage of the inexperienced. So, get acquainted with professionals who can help and carefully research before buying. If you think you've got what it takes and you're ready to dive in, let the realtors at Steve Cieciuch Telluride Area Real Estate help you navigate the process of buying a piece of land or ranch in Telluride. With over 28 years of experience in this market, we can help you find Telluride ranch land for sale, based on your needs and what you're going to do with the land. Contact us to get started.