Are you an entrepreneur looking for a unique investment opportunity? At the base of the majestic Spanish Peaks, in the small southern Colorado town of La Veta, sits a gem of an opportunity for the right buyer. Grandote Peaks Golf and Country Club community is for sale. More than a golf course, this is a prime development opportunity. A portion of the property is located in La Veta town limits and is platted, with water and sewer connections available to each of the undeveloped, 64 lots. A large, contiguous 189± acre parcel, comprised of several golf holes along with a large amount of un-platted land, is located outside of town limits in Huerfano County.
It is no secret that water is the most valuable asset in Colorado. Significant and valuable water rights allow for the golf course and community landscape to be carefully maintained. Additional water rights may be available for sale from a third party. The Cucharas River runs through the property from south to north.
The Grandote Peaks opportunity comes at a perfect time, and at a bargain price, with regional housing inventory at an all-time low and housing demand at a record high. A recent review of the local MLS shows only a few building parcels available in the town limits of La Veta, and two of those are in the Grandote Peaks development. The recent trend to move to rural communities only reinforces the desirability of the Grandote Peaks community.
Then there is the golf course. In addition to the investment potential, the Grandote Peaks Golf Club community features a world-class golf course. The Weiskopf/Moorish-designed 7,000 yard championship course has not been operated for several years but the fairways and rough have been watered and maintained. The modest clubhouse is currently undergoing renovation.