Description
Rare opportunity to own 9.19 acres of flat, highly usable riverfront farmland in the desirable Garden Valley/Melrose area. This unique offering includes three tax lots, with 6.45 adjoining acres along the river and an additional 2.74-acre parcel located across the road. Zoned F1 – EFU (Exclusive Farm Use), the property offers excellent agricultural potential along with long-term investment value. Currently used for hay production, the land produced approximately 790 two-string (45-lb) bales during last season’s harvest. During periods when the fields were fertilized every 2–3 years, yields averaged approximately 20% higher. Established irrigation water rights date back to the 1970s, and when previously irrigated and fertilized, the fields supported two cuttings per summer, demonstrating strong productivity potential. With rare flat topography, valuable water rights, rich soils, and direct river frontage, this property provides outstanding versatility for farming, livestock, agricultural expansion, and recreation. The offering also presents a compelling value opportunity, with the list price positioned more than $84,000 below the Douglas County Assessor’s current Real Market Value. Opportunities like this in Melrose/Garden Valley area are increasingly limited, making this a standout option for both operators and investors.
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0BEDS
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9.19ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Rare opportunity to own 9.19 acres of flat, highly usable riverfront farmland in the desirable Garden Valley/Melrose area. This unique offering includes three tax lots, with 6.45 adjoining acres along the river and an additional 2.74-acre parcel located across the road. Zoned F1 – EFU (Exclusive Farm Use), the property offers excellent agricultural potential along with long-term investment value. Currently used for hay production, the land produced approximately 790 two-string (45-lb) bales during last season’s harvest. During periods when the fields were fertilized every 2–3 years, yields averaged approximately 20% higher. Established irrigation water rights date back to the 1970s, and when previously irrigated and fertilized, the fields supported two cuttings per summer, demonstrating strong productivity potential. With rare flat topography, valuable water rights, rich soils, and direct river frontage, this property provides outstanding versatility for farming, livestock, agricultural expansion, and recreation. The offering also presents a compelling value opportunity, with the list price positioned more than $84,000 below the Douglas County Assessor’s current Real Market Value. Opportunities like this in Melrose/Garden Valley area are increasingly limited, making this a standout option for both operators and investors.
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