Irrigated with ground water rights, Colorado River Basin
Irrigated Nevada farm and Ranch Land in Lincoln County, Southern Nevada Water Rights, For Sale.
266 acres of prime farm ground, an old family homestead.
All located in Meadow Valley south of Panaca and Pioche and North of Caliente, Nevada.
Recent land survey indicated 266.82 acres of flat farm ground. An older well exists on the farm but little recent information about this well is available.
Per Jan 2007 appraisal ($1,950,000.00) and water rights review by a land and water surveyor there are 219.8 acres under certificate #04355, #4868, and #6328 allowing for up 821 acre feet of ground water plus additional surface water rights in Meadow Valley which is and has been basically dry for years. The ground water pumping rights appear to have a priority date going back to 1947.
This prime farm land is also transition land as Lincoln County and Southern Nevada continues to grow and develop. The Coyote Springs project and Toquop Projects may be temporally on hold but that will not last for ever. The boomer migration is still coming to the sunny Southwest and not everyone wants to live in Las Vegas.
Te Colorado River Water Basin and Lake Mead are the main water supply to the City of Las Vegas. Scientists believe Lake Mead could be dry in the future.
Priced below appraisal at $980,000
For more information contact Chris W. Miller
8275 S. Eastern Ave #200
Las Vegas, NV 89123