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Southern Arizona Ranch Opportunity

Tubac, AZ 85936

Santa Cruz County, Arizona

1,134 Acres
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Farm Description

ALEGRIA CANYON RANCH

Alegria Canyon Ranch consists of 1,143 acres located 1 mile west of Interstate 19 and 1.5 miles southwest of the Santa Cruz River in Tubac, Arizona. This is a fantastic Gentleman's Ranch in the most incredible setting in Arizona. Come build your dream estate home here. Mountain views are in every direction and the verdant Santa Cruz River valley lies below. The area boasts the best annual climate in the state. Alegria Canyon Ranch has rolling topography with natural springs and canyons and is the highest elevation parcel of privately owned land that overlooks the Town of Tubac.

The Northern portion of the site is crossed by Puerto Canyon and Tubac Creek and to the north/northwest lie Sardina Peak and Diablito Mountain.

The western border of the property extends to the eastern fringes of the Tumaccacori Mountains, is crossed by Sardina Canyon, and has one mile of frontage along the Coronado National Forest. The Santa Rita Mountains are across the valley to the east.

EXECUTIVE SUMMARY

PURPOSE

This beautiful ranch also has great potential for a future high end development with numerous nearby custom homes and its secured 100 Year Assured Water Certificate from the Arizona Department of Water Resources. The Alegria Canyon Estates project was conceived in May of 2007 by Jim Olson and

required creative solutions, which he was re-known for. Three large contiguous ranches

(total 1,143 acres) had minimum value by themselves (one had water and no access: the

other had access and no water). Mr. Olson combined ownership and has an Approved

Tentative Plat (209 lots) with accompanying 100 Year Water Certificate.

This project fits well within a strategy of building quality, high-end developments in

Arizona. Ownership intends to sell the property now or to develop this into a signature

project with a joint venture partner.

DEAL STRUCTURE-SELL

The purchase price for Alegria Canyon Ranch is $5,500,000. This is a great property for the

buyer looking for a value-added project. Take the project to final plat or to finished lots -

the profit potential on this project is great! A prior appraisal estimated the value at final

plat to be $54,000,000 and finished lots at $100,000,000. Property is co-listed with Andy Courtney Properties and First United Realty, Inc. Please call Marty Ryan ator email for more details or a personal tour.

Farm features, descriptions, details, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by FARMFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the advertiser directly regarding this listing.