Private yet convenient location with expansive views of the mountains to the West and plains to the East. Situated on a large lot at the corner of Alameda Avenue and Last Chance Road, this acreage offers a tremendous opportunity for anyone looking to build a dream home or establish a small farm. A short 20 miles to DIA, 8 miles to Bennett and 9 miles to Watkins, this 39.95 acre parcel is only 30 miles from the city amenities of downtown Denver. The Acreage is fenced on two sides and will make perfect pasture land for livestock. There is an established building site planned for the elevated portion of the lot along with a soils report and engineer-designed septic plans available to the new Owner. Seller has established SIGNIFICANT WATER RIGHTS for domestic, irrigation, livestock and orchard use. Total water rights equate to 34.05 AF/ per year with potential to pull from four aquifers - Laramie-Fox Hill, Upper Arapahoe, Lower Arapahoe, and Denver and will be transferred via quit claim deed at closing. This will give anyone looking to create a small farm or ag operation the peace of mind that water will be plentiful moving forward. New owner will need to apply for well permit and install well. Tax information for this property can be viewed on the Arapahoe County Website using PIN# 035440028 or Parcel# 1979-00-0-00-594.