Gordon Reservoir “B” (PS 8496)

Closing Costs:

These costs cannot be financed and are in addition to the 10% down payment.  All closing costs are due from the prevailing bidder at the auction.

Appraisal Costs: $1,250.00
Cultural Resources Survey: $1,200.00
Legal Advertising Cost: $210.00
Sale Processing Charge: $500.00
Application Fee: $250.00
TOTAL CLOSING COSTS: $3,410.00

Legal Description:

Township 33 South, Range 23 East, SLB&M

Section 16:  E½NE¼

Location:

This parcel is located approximately 3 miles west of Highway 191 on Gordon Reservoir Road (approximately 3 miles north of Monticello, UT).  It is nestled against the awe inspiring Abajo Mountains, this property has fantastic views of the surrounding area. The property is adjacent to a Cooperative Wildlife Management Unit and within a half mile of the Manti-La Sal National Forest. This property is ideal for a recreational getaway, or a low density development opportunity.

Access:

Access is from an improved dirt road heading west, 3 miles north of Monticello.  The Gordon Reservoir road is a San Juan County road #120 and can be accessed near mile marker 75 on Highway 191.

Acreage:

80.00 acres, more or less

Water:

The current policy of the Division of Water Rights in this area is:

The water resources of this area are considered to be limited. New appropriations are limited to small amounts of beneficial use sufficient to serve the domestic requirements of one family, the irrigation of one acre, and ten head of livestock (or equivalent livestock units). New diversions and consumptive uses that require more water than this must be accomplished by filing a change application on valid existing water rights owned or acquired by the applicant. For additional information, please contact Marc Stilson at the Southeastern Regional Office of the Division of Water Rights.  His phone number is (435) 613-3750.

Utilities:

No utilities are located on the property.  The nearest power line is 3 miles away.

Zoning:

The parcel is zoned Multiple Use Agriculture, Rural Residential. Further information on zoning restrictions may be obtained from San Juan County.

Financing:

Financing will be offered for this parcel.  A down payment of 10% and closing costs will be due at the auction.  The remaining balance can be financed at a variable rate of prime plus 2.5% for a 20 year term.


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