Collbran, CO 81624,61769 LE Road
Listed by Hall and Hall Partners

$6,300,000

Est. payment /mo

$6,750,000

6.7%
Est.Price: ?

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61769 LE Road Collbran, CO 81624

2 Beds

1 Bath

2,368 SqFt

SOLD DATE : 08/20/2021

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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Aspen Glenwood Springs MLS (AGSMLS)
Karina Marx

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

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