This is a rare opportunity to own the largest RIVERFRONT parcel bordering the town of Pagosa Springs, Colorado with vested water rights, stunning mountain views, nearby town amenities and public utilities. This incredibly unique 105.11+/- acre property (the 'JEM 105') includes approximately 1/2 mile of private, riverfront that has been professionally restored to protect the river, enhance fish habitat and provide three custom-built water features for river activities such as kayaking, fishing, tubing, swimming or rafting. This property also has vested water rights that are used to irrigate the meadow with solar power and to fill the private, river-fed pond, and there are also additional water rights available for beneficial use. In addition to the river restoration, the property features healthy trees that have been protected with forest restoration work. The JEM 105 has diverse terrain and topology with four distinct areas of the property: 1) NE private deep swimming hole/pond, private 'beach' near river water feature, rock cliff riverfront and private island; 2) SE irrigated meadow, large island and riverfront; 3) SW lush meadow with seasonal springs and forested hill with exceptional mountain and river views; 4) NW large forested, hilltop meadow on the with stunning mountain, river and town views. There is cross fencing on the property for cattle grazing in the top 75 acres of the property. You can easily walk from this JEM 105 property to all town amenities including restaurants, schools, grocery stores, retail stores, parks and the hot springs. Although the JEM 105 is currently zoned agricultural and is outside the town limits, it is within the Pagosa Area Water and Sanitation District (PAWSD) and has water, sewer and electrical power lines running across the property. It is also included in the Town's master plan and adjoins riverfront land owned by the Town that is currently being planned as an extension of the Town's 'Yamaguchi' sports park. This is the perfect opportunity for a private ranch, developer, or investor looking to own some prime riverfront property near Town. Owner may carry with 50% down. The seller is a licensed real estate agent in the State of Colorado.