$6,300,000
$6,750,000
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61769 LE Road Collbran, CO 81624
2 Beds
1 Bath
2,368 SqFt
Key Details
Sold Price $6,300,000
Property Type Vacant Land
Sub Type Agricultural
Listing Status Sold
Purchase Type For Sale
Square Footage 2,368 sqft
Price per Sqft $2,660
MLS Listing ID 154259
Sold Date 08/20/21
Bedrooms 2
Three Quarter Bath 1
Year Built 1998
Annual Tax Amount $5,954
Tax Year 2019
Lot Size 1720.000 Acres
Acres 1720.0
Property Sub-Type Agricultural
Source Aspen Glenwood MLS
Property Description
Situated on the north slope of the Grand Mesa in western Colorado, this scenic 1,720± acre mountain ranch is highlighted by excellent big game hunting combined with abundant water resources and agricultural production. The diverse landscape rises from lower-elevation irrigated meadows and oaks up through expansive aspen and conifer forests that reach to the national forest boundary along two sides. Several creeks course through separate drainages on the ranch providing water for fishing, wildlife, livestock, and irrigation of hay meadows and pastures. The resulting wildlife habitat is ideal for a variety of species including elk, mule deer, moose, black bear, cougar, and turkey. In addition to wild brook trout in Grove Creek, there are a number of ponds well suited for stocking. Productive water rights anchor the agricultural operation, which is complemented by additional revenue from a hunting lease and rental unit income. Improvements include several modest homes and cabins for owner and guest usage, along with multiple barns and agricultural accessory buildings. Bordering a county road for easy access, the ranch is also served by electric power and has an extensive interior network of roads and trails. Grove Creek Ranch has an end-of-the-road setting, yet is only 10 minutes from the local ranching town of Collbran, 40 minutes from Powderhorn Mountain Resort ski area, and less than an hour from the city of Grand Junction and the commercial airport. There has been no mineral development on the ranch, however it is located in a well-known natural gas basin, and seller-owned minerals amounting to 50% of 1,120± acres are included. This means it would be unlikely that the minerals are developed without the mutual agreement of the ranch owner, and for a buyer desiring mineral royalty income, could result in a significant future revenue stream. Productive water rights anchor the agricultural operation, which is complemented by additional revenue from a hunting lease and rental unit income. Improvements include several modest homes and cabins for owner and guest usage, along with multiple barns and agricultural accessory buildings. Bordering a county road for easy access, the ranch is also served by electric power and has an extensive interior network of roads and trails. Grove Creek Ranch has an end-of-the-road setting, yet is only 10 minutes from the local ranching town of Collbran, 40 minutes from Powderhorn Mountain Resort ski area, and less than an hour from the city of Grand Junction and the commercial airport. There has been no mineral development on the ranch, however it is located in a well-known natural gas basin, and seller-owned minerals amounting to 50% of 1,120± acres are included. This means it would be unlikely that the minerals are developed without the mutual agreement of the ranch owner, and for a buyer desiring mineral royalty income, could result in a significant future revenue stream.
Location
State CO
County Mesa
Area Out Of Area
Zoning Agricultural
Direction Call listing broker for directions
Others
Tax ID 271720100129
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