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$14,775,000
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Property Description
Exceptional 926 Acre Farm & Ranch Operation Two Premier Properties Combined! An incredible opportunity to own one of the most productive and versatile farm and ranch operations in the region! This expansive 926+/-acre offering includes approximately 640 top-producing irrigated acres and 283 dry, non-irrigated acres. All irrigated ground is serviced by pivots and wheel lines, ensuring maximum efficiency and yield. Included are 1,283 combined shares of Gunnison Irrigation Canal water, providing a strong and reliable water right portfolio. Main Residence: The showcase of the property is an impressive nearly 5,000 sq ft custom home featuring 5 bedrooms and 4 bathrooms, designed with comfort and function in mind. Beautifully landscaped grounds surround the home, complete with an expansive covered patio, outdoor cooking station, and plenty of space for entertaining. Multiple detached shops, garages, and storage sheds provide ample room for equipment, tools, and vehicles. Second Farmhouse & Working Operation: The second home is a charming and functional 5-bedroom, 2-bath farmhouse, set among mature trees and surrounded by a full complement of outbuildings, working cattle corrals, scales, and a large hay barn. This is a fully operational setup ready for livestock, hay, or mixed agricultural use. Additional Features: Turn-key operation: All working farm equipment included (detailed equipment list attached) Two separate ownerships combined to create this exceptional 926 acre package Efficient, well-managed operation with diversified income potential Rare opportunity to purchase a large, contiguous, high-producing farm and ranch property This property is truly one-of-a-kind-efficient, unique, and nearly impossible to replicate in today's market. Whether you're expanding an existing operation or seeking a top-tier agricultural investment, this offering represents the best of both production and lifestyle living.
Full Property Details
Full Property Details for 390 N Madsen Ln
General
- Price: $14,775,000
- Taxes: $7,503
- Status: Active
- Type: Single Family
- Source: WFR
- MLS ID: 2120933
- Updated: 11/3/2025
- Added to Site: 74 day(s) ago
Interior
- Interior Features: Bath: Primary, Bath: Sep. Tub/Shower, Closet: Walk-In, Den/Office, Kitchen: Updated, Range/Oven: Free Stdng., Vaulted Ceilings
- Fireplace: Yes
- Number of Fireplaces: 4
- Fireplace(s): Fireplace Equipment
- Appliances: Ceiling Fan, Dryer, Microwave, Refrigerator, Washer, Water Softener Owned
- Flooring: Carpet, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Electric Dryer Hookup
Additional Information
- Equipment: Fireplace Equipment, Storage Shed(s), Swing Set, Window Coverings, Wood Stove, Workbench
Exterior
- Exterior Features: Horse Property, Out Buildings, Porch: Open
- Porch/Patio/Deck: Porch: Open
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 4
Location
- Area: Fayette; Gunnison; Cntrvl; Axtl
- County: Sanpete
School Information
- Elem School District: South Sanpete
- Midd School District: South Sanpete
- High School District: South Sanpete
- Elementary School: Gunnison Valley
- Middle School: Gunnison Valley
- High School: Gunnison Valley
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas: Central, Propane, Wood
Utilities
- Sewer: Sewer: Private, Septic Tank
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer: Private, Sewer: Septic Tank, Water Connected
Structural Information
- Architectural Style: Rambler/Ranch
- Construction: Asphalt, Brick, Stucco
- Exterior Const.: Asphalt, Brick, Stucco
- Basement Desc.: Full
- Roof: Asphalt
- Windows: Blinds
- Disability Access: Accessible Doors, Accessible Hallway(s)
- Stories/Levels: 2
- Square Feet: 4,910
- Living Area: 4,910 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1975
- Property Condition: Blt./Standing
Additional Structures
- Other Structures: Workshop
Lot Features
- Property View: Mountain(s), Valley, View: Red Rock
- Lot Size (Acres): 926
- Lot Size (Sq. Ft.): 40,336,560
- Lot Size: 926
- Landscape: Landscaping: Part, Mature Trees
- Topography: Fenced: Part, Road: Unpaved, Sprinkler: Manual-Full, Terrain, Flat, View: Mountain, View: Valley, View: Red Rock
- Lot Features: Fenced: Part, Road: Unpaved, Sprinkler: Manual-Full, View: Mountain, View: Valley, View: Red Rock
- Trees/Vegetation: Landscaping: Part, Mature Trees
- Zoning: A
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $7,503
- Terms: Cash, Conventional, Exchange
Disclosures and Reports
- Exclusions: Freezer, Gas Grill/BBQ
- Inclusions: Ceiling Fan, Dryer, Fireplace Equipment, Microwave, Range, Refrigerator, Storage Shed(s), Swing Set, Washer, Water Softener: Own, Window Coverings, Wood Stove, Workbench
- Property ID: 00010133X1
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Schools
Schools serving 390 N Madsen Ln
School District:South Sanpete School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 390 N Madsen Ln
Date
Details
Price
Change
Source
11/03/2025
Listed
$14,775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 390 N Madsen Ln
390 N Madsen Ln, Gunnison, UT 84634 (MLS# 2120933) is a Single Family property with 5 bedrooms and 4 full bathrooms. 390 N Madsen Ln is currently listed for $14,775,000 and was received on November 03, 2025. Want to learn more about 390 N Madsen Ln? Do you have questions about finding other Single Family real estate for sale in Gunnison? You can browse all Gunnison real estate or contact a Coldwell Banker agent to request more information.

