
Land with Home for Sale in San Luis, Colorado
17965 County Road P5, San Luis, CO 81152
Welcome to R&R Family Farm, a charming agricultural property that embodies the essence of rural living and sustainable farming -- resting on 317.48 acres, just a mile and a half west of the town of San Luis. Water rights are what truly set this property apart. The People's Ditch -- the oldest water right in Colorado -- offers much more than historical relevance. This property carries 281 shares of the People's Ditch, including half a mile of the Rio Culebra, leased to the Solitary Anglers Club of Taos, New Mexico -- providing access to private water across Colorado, New Mexico, and Wyoming. Trophy Brown and Cutbow trout call these waters home, while elk and mule deer frequent the property's open ground. In a year marked by severe drought across the West, R&R Family Farm remains rich with water -- a testament to the water assets and productive ground. The land itself is just as productive. 280 irrigated acres support thriving alfalfa and grass -- 60 acres in alfalfa, yielding 5 tons per ... acre, and grass yielding 2 to 3 tons per acre.
The modest homestead features a comfortable home that provides the necessities, together with a Quonset hut -- sixty by one hundred feet -- a barn near the home at sixty by forty feet, two grain silos, and dedicated hay storage.
A conservation easement with Colorado Open Lands protects the land's legacy, excluding four acres -- and a transferable key to Cielo Vista comes with the property.
Rounding out the operation, two sets of cattle pens are ideal for managing separate herds, facilitating breeding programs, or organizing cattle by age and size.
Whether you're looking to raise livestock, grow your own food, or simply enjoy the tranquility of country living... R&R Family Farm represents more than just property.
It's an invitation to a lifestyle rooted in land stewardship, history, honest work, and rural tradition -- providing the perfect foundation for your agricultural dreams.
- Listed by Russell Hickey, (719) 337-3234, Bachman & Associates
Location
- Street address
- 17965 County Road P5
- County
- Costilla County
- Zip code
- 81152
- Elevation
- 7,917 feet
Property details
- Acreage
- 317 acres
- Zoning
- Agricultural
- MLS #
- SPMLS 26-822
- Posted
Property taxes
- 2025
- $1,713
Parcels
- R002157
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Irregular Lot
Exterior
- Parking
- RV Parking
- Horses Allowed
- Yes
- Structures
- Barn(s)
Structure
- Style
- Ranch
- Stories
- 2
- Water
- Well
- Heating
- Forced Air
Interior
- Flooring
- Carpet, Tile
- Fireplaces
- Living Room, Wood Burning Stove
Property utilities
| Category | Type | Status |
|---|---|---|
| Water | Private Well | Connected |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 20, 2026 | Price drop | $3,500,000 | $31,500,000 -90% | SPMLS |
| Aug 20, 2026 | New listing | $35,000,000 | — | SPMLS |
























































