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390 N Madsen Ln
Gunnison, UT 84634
MLS #2120933

$14,775,000

 Available

5 Beds | 4 Baths | 4 Garage | 4,910 Sq Ft

Estimated Payment:  /month 
390 N Madsen Ln
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Single Family Home for Sale

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.

Rooms, Laundry, & Layout

 BedsBathsLaundrySq Ft
Floor 13313,521
Basement*2101,389
*The basement is 100% finished.
Price Insights
Current price
Price per sq ft
Price per finished sq ft
$14,775,000
$3,009 / square foot
$3,009 / finished sq ft

2 Days on the Market
Status: Available

Schools, Inclusions, & Exclusions

Ceiling Fan, Dryer, Fireplace Equipment, Microwave, Range, Refrigerator, Storage Shed(s), Swing Set, Washer, Water Softener: Own, Window Coverings, Wood Stove, Workbench
Inclusions are often re-negotiated during contract negotiation.
Freezer, Gas Grill/BBQ

South Sanpete School District

Elementary: Gunnison Valley
Middle: Gunnison Valley
Senior: Gunnison Valley
The Numbers
Interior :
Basement :
Style :
Year built :
Lot acres :
Lot sq ft :
4,910 square feet
100% finished
Style: Rambler/Ranch
1975
926.00 acres
40,336,560 square feet

Home Features & Amenities

Features: Bath: Primary, Separate Tub/Shower, Walk-in Closet, Den/Office, Updated Kitchen, Free Standing Range/Oven, Vaulted Ceilings
Flooring: Carpet, Hardwood
Window Coverings: Blinds
Heating: Forced Air, Central Gas, Propane, Wood
Air Conditioning: Central Air
Accessibility: Accessible Doors, Accessible Hallway(s)
Utilities: Natural Gas Connected, Electricity Connected, Sewer: Private, Septic Tank, Water Connected

Private Showing

Kris Carrigan, Realtor<sup>®</sup>
For showing appointments, call Kris Carrigan, Realtor® to view the home at 390 N Madsen Ln in Gunnison. Give Kris Carrigan, Realtor® a call at (801) 781-0360.
390 N Madsen Ln was listed on Oct 30th, 2025 by Coldwell Banker Preferred Properties, a real estate brokerage. 435-896-5550 is the contact info for the listing brokerage contact assigned for this listing.

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390 N Madsen Ln
                     MLS #2120933
$14,775,000
BedroomsBathroomsGarage spaces
4,910 Sq Ft
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