$188,000
Norwood, CO 81423
MLS# 38232
Status: Closed
3 beds
1 / 22
Property Description
The Fortunate Ranch is one of the best values in the entire region. At $249,000 and located on 5 acres there is nothing else in the market with this much land below $300,000. Set high on a hillside with sweeping views of Wrights Mesa and comprised of an updated 3bed/2 bath home . A paved road leads you from downtown Norwood, which is less than 2.5 miles directly to the property allowing for easy year-round access. The Fortunate Ranch is also located on the OHV route and 1.7 miles from the Thunder Canyon Trail system and 19 miles of trails and less than ½ mile to millions of acres of BLM and USFS. Ride/walk from your home and get to downtown Norwood or access the limitless possibilities that this property offers. Great cash flow investment or personal residence. Motivated Seller.
Details
Documents
Listing & Location Info
Major Area: 50
Lot #: B
Keywords Info
Flex Room: 1
Age: 13 - 20 Yrs
Deed Restrict: None
Bedrooms: 3
Full Baths: 2
General Info
Nbr of Acres: 5
Zoning: Residential
Legal: LOT B BENNETT SUBDIVISION ACC TO SUBDIVISION EXEMPTION FOR WRIGHTS MESA PLAT REC 0714 2006 AT PL BK1 PG 3681 5 AC FILED
Est Finished SqFt: 1653
Source SqFt: Assessor
Year Remodeled: 2016
Directions: Turn left onto county road 42ZS
Turn right onto Y43 Rd Take a left onto Thunder Road. Destination on the left.
View 1: Mesa
Subdivision: Other
Year Built: 2003
Financing Info
Taxes: 660.58
Tax Year: 2020
RETT: None
Assessor's Acct #: R2030070002
Utility Info
Phone Lines: Regular Phone
Primary Heat: Forced Air
TV Service: Satellite
Disclosures
None: 1
Construction
Poured Concrete: 1
Substructure
Crawl Space: 1
Exterior Finish
Wood (Painted): 1
Furnished
None: 1
Water
Well: 1
Roof
Asphalt Shingles: 1
Style
Ranch: 1
Sanitation
Septic: 1
Open Area Parking
3 Car +: 1
Special Location
Near Park: 1
Open Space: 1
Rural: 1
Gas
Propane Tanks: 1
Electric
Power Company: 1
Heat
Forced Air: 1
Wood Stove: 1
Access
County: 1
Paved: 1
Fireplace
Wood Burning: 1
Woodstove: 1
Communications
Regular Phone: 1
Appliances
Gas Oven/Range: 1
Refrigerator: 1
Extras
Fire Pit: 1
Listing Location Info
Current Price: $188,000
Sub-Type: 35 Acres and Below
Area: Norwood/Redvale (Major Area 50)
Asking Price: 239000
Street #: 990
Street Name: Thunder
Street Suffix: Road
City/Town: Norwood
County: San Miguel County
State/Province: CO
Postal Code: 81423
Status Change Info
Status: Closed
Under Contract Date: 2020-08-15
Sold Date: 2020-11-30
Sold Price: $188,000
Property Features
Disclosures: None
Furnished: None
Style: Ranch
Construction: Poured Concrete
Open Area Parking: 3 Car +
Substructure: Crawl Space
Heat: Forced Air; Wood Stove
Fireplace: Wood Burning; Woodstove
Sanitation: Septic
Water: Well
Gas: Propane Tanks
Electric: Power Company
Communications: Regular Phone
Roof: Asphalt Shingles
Exterior Finish: Wood (Painted)
Access: County; Paved
Special Location: Near Park; Open Space; Rural
Appliances: Gas Oven/Range; Refrigerator
Extras: Fire Pit
Supplements
Greenhouse on property(which needs some love) but structure is there with power and water a short distance away, allowing you to grow "anything" that you may want. Trailer located on property that would make great storage, but is not livable. Motivated Seller. Make an offer.
Room Information
| Room Name | Level |
| Bedroom 1 | Main |
| Bedroom 2 | Main |
| Bedroom 3 | Main |
| Bedroom 2 | Main |
| Bedroom 2 | Main |
Survey 
Listing Office: Telluride Properties
Listing Agent: Eric Saunders
Last Updated: January - 24 - 2026
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