EXTREMELY RARE, ONCE IN A LIFETIME OFFERING, TREMENDOUS VALUE, GREAT INVESTMENT PROPERTY. Large parcels in the Vallecito Valley Floor are virtually nonexistent with the exception this meadow an amazing flat 22.55 acres of development potential and the contiguous 35 meadow acres to the north. This parcel has water available and comes with rare senior water rights for irrigation. This property provides views of both the lake to the south and mountains to north, it even backs up to the lake lands. This property is perfect for someone who would like to build a significant home and then hold the property for future development purposes.