Hall and Hall Featured in Mansion Global Ranch Real Estate Story

We were pleased to see two of our Partners, Jeff Buerger and Jim Taylor, prominently featured in a Mansion Global story about the ranch real estate market. The piece highlights Stealey Mountain Ranch, a new Colorado ranch listing. Excerpts from the story entitled, “Home on the Range: Multi-Million Dollar ‘Lifestyle’ Ranches Are a Strong Draw For Wealthy” can be read below.

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“We have a long list of people who will quickly buy something really super [that are] under the radar at a top price but won’t even consider places that aren’t quite super,” said Hall and Hall’s Jim Taylor

Though not the most common method of sale, Mr. Taylor said that this year, his firm sold four premium recreational ranches—ranging from about $10 million to $40 million—without ever formally listing the ranches.

Putting a premium on the beauty and recreation value of a ranch really began in full-force in the late 1980s, Mr. Taylor said. In 1989, he helped broker one of the largest and perhaps most well-known recreational ranch sales of the time: Ted Turner’s purchase of the 107,000-acre Flying D Ranch in Montana for $21 million. “After that, the floodgates opened,” Mr. Taylor said. “People were then really willing to pay for the scenery, for the trout fishing, it was much more than just about a ranch.”

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“What makes a premium recreational ranch can really depend on the buyer, but when it has a lot of those bells and whistles—really beautiful views, privacy, great hunting and fishing, tucked up near a national forest, and not too far from civilization, it’s something people who can afford it will buy,” said Jeff Buerger, a Hall and Hall broker who represents the Stealey Mountain Ranch—a $24,950,00 Colorado property at the foot of the San Juan mountains, a soaring and rugged range of the Rocky Mountains. Along with wildlife and expansive views, the more than 2,100-acre property, bordered by the Uncompahgre National Forest, also features an 8,079-square-foot main residence, perched on a hilltop, with an indoor saltwater pool. The seller of the property, which has been on the market for about three months, declined to comment.

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While the demographic of the top-tier lifestyle ranch buyer is generally someone from the Baby Boomer generation, “someone who maybe grew up watching John Wayne and really put value in that old-fashioned Western way of life,” Mr. Buerger said, he’s also seen a growing number of younger buyers, especially from the tech world, looking to invest in the land and the lifestyle.  

“A beautiful ranch can really be like buying a beautiful piece of art,” Mr. Buerger said. “It can be a be a long term investment, and it’s also very subjective.”

A Father’s Colorado Dream

By: Rob Hart

My father has always loved Colorado.  As a kid, we drove all the way from Arkansas in the summer, in the winter, and any other time he could convince my mom that experiencing the outdoors was just as important as school.  We got the full experience – whitewater rafting, skiing, visiting the national parks, horseback riding, hiking, rock climbing, fishing and camping.

Besides the usual fun activities, there was the inevitable and infinite quest to find a little piece of Colorado land we could call our own.  Dad has always dreamed of owning land in Colorado and every single trip included a day of property exploration.  There was rarely a “for sale” sign that we passed without exploring the possibilities.  We walked, hiked and climbed them all, but most proved to be too expensive for our situation or were only accessible by a team of mountain goats.

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Life has gotten in the way and he’s yet to find the perfect place to hang his hat.  However, I’ve learned that it was the search and the dreams that he most enjoyed.  There has never been a tract of land where Dad did not see the possibilities.  “This would be the perfect place for a very, very small cabin.” “You’d have to bolt a house to the side of the cliff, but you could certainly teach the kids to repel and climb.” “It might be a flood plain, but it will be a great place to kayak and fish.” – or – “This one is right next to the national forest, you’d just have to hire a team of mules to get you over there.”

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Regardless of the ultimate purchase possibilities, we always ran across some of the most gorgeous places on this earth.  Lush green forests, crystal clear rushing creeks, miles and miles of endless views, and meadows that made you want to stay all night and try to count the stars. Colorado really is one of the most amazing places on the earth.

The childhood experiences of exploring the unknown and dreaming of the possibilities has had a permanent impact on me.  I can’t remember ever telling a single person that my professional goals were to work in real estate, much less specialize in large tracts of land.  I now find myself living in Colorado doing exactly what I was unconsciously raised to love.  I find no better comfort than spending the day wandering through the back roads of Colorado looking for that perfect place to build that cabin, hunt, fish, kayak and camp.

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Dad and I still haven’t found our little slice of heaven, but at 74 years old he hasn’t given up the search and mine has just begun.  Last week while visiting we went for our annual land run through the Colorado mountains.  As expected, we didn’t find the perfect place but I won’t be disappointed if we never do.  I know now, it’s not about finding perfection but the search that keeps the spirit alive.

Wall Street Journal “House of the Year” Poll Includes Six Hall and Hall Listings.

We are thrilled that the 2015 Wall Street Journal “House of the Year” poll includes five of our current listings and one property that sold earlier in the year. Below are profiles of the homes in contention. Please vote for your favorite here.

The Farm at McCauley Butte rises above current market offerings in almost every way imaginable. Combining architectural significance with a unique ex-urban location, the property artfully blends luxury appointments, natural amenities and outstanding recreation.

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Crowned by an exceptional custom home perched on a bench overlooking the Elk River Valley, Sky River Ranch is distinguished by its live water, wildlife habitat, luxurious accommodations and spectacular panoramic vistas.

Sky River Ranch Colorado

An exquisite blend of nature and luxury, Kessler Canyon is one of Colorado’s hidden secrets. Located in a secluded, private valley and controlling a large expanse of high country wildlife habitat, this striking 15,000± acre property features luxurious accommodations, outstanding big game and upland bird hunting, fishing, and a breathtaking setting including the Brush Creek valley and Skinner Ridge.

Kessler Canyon Ranch Colorado

Wildflower Woods is a gorgeous 1,715± acre farm located just minutes from Nashville and Franklin, Tennessee and near the charming community of Leiper’s Fork. Rarely do you find a property of this stature situated as conveniently to these culturally significant and buzzing urban areas.

Wild Flower Woods Tennessee farm

Knob & Kettle Ranch is a true one-of-a-kind holding in Western Montana’s Blackfoot Valley offering something for everyone. There are over 1,185± deeded acres at the “end of the road” with nearly a mile of frontage directly on the Blackfoot River in an excellent stretch of fishing water.

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Located in the Sundance Bench, a private locked-gate development 40 miles south of Ennis, this 40± acre property know as Trollhaugen enjoys an exclusive end-of-the-road location on a high bench above the rest of the ranch.

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Colorado Ranch Real Estate Market Roundup for 2015

By: Cody Lujan

Colorado ranches for sale experienced a level of increased showing activity during the fall months relative to the moderate activity experienced during the typically busier spring and summer season. The year started with a relatively light snowpack throughout Colorado. Though this is typically the slowest time of year for showings and sales in the Southern Rockies region, the quickly retreating snows had brokers throughout the State anticipating a quick start to the spring and summer season. Fortunately, relief from the low snowpack was granted in the form of an exceptionally wet spring that provided much needed moisture to many areas of Colorado. While many ranches were literally soaking up the moisture, these conditions did not prove conducive to a strong, spring selling season. Buyers were looking, but not in strong numbers. It should be noted that there were only a handful of true ranch sales completed throughout the State by the first of July.

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Sky River Ranch is distinguished by its live water, wildlife habitat, luxurious accommodations and spectacular panoramic vistas.

Showing activity picked up during the summer months with August and September showing a flurry of interest and activity from buyers. This late period of interest carried over into the month of October with a number of ranches going under contract during the fall season. Ranch sales activity certainly picked up around Colorado relative to earlier months, but not at the levels seen during the previous two years. Essentially, the strongest period of demand for the 2015 season came late with the early fall months providing beautiful showing conditions and increased levels of interest from a number of buyers.

The general Colorado ranch market consensus is that Colorado is sitting on a significant quantity of recreational ranches for sale relative to the number of buyers in the market. This is contrasted by Colorado’s short supply of working ranches that continue to see the greatest demand from buyers – a number of such properties are currently under contract as we enter the final weeks of the season.

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The Buckhorn Mountain Ranch spreads across 6,573± deeded acres of stunningly beautiful high desert land at the base of Storm King Peak.

Qualified buyers remained price sensitive throughout the 2015 season and demonstrated a willingness to expand their geographic areas of interest as they shopped for value throughout the greater Rocky Mountain region. Existing recreational listings with price reductions and listings perceived as valued within their respective local markets received the most interest from serious buyers, as did properties possessing a quality angling component. Combined with a still strong beef market, the production-based inventory will likely continue to see increased demand through the coming year.

As evidenced by the low number of transactions that have and will close throughout Colorado by year’s end, the level of sales activity throughout the year was lower than anticipated. Unlike some of the “hot” residential markets in some of Colorado’s communities, no specific market or locale demonstrated exceptional ranch sales activity during the 2015 season. While properties with good water rights, irrigated meadow, a proven carrying capacity, and exceptional hunting and fishing amenities remain in high demand across the western states, buyers will remain price sensitive and continue to display an increasing level of sophistication in researching land values and future operating expenses.

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Table Rock Ranch is one of the finest fly-fishing properties in western Colorado.

Demand for high-end recreational properties in Colorado exists, but buyers are driving hard to achieve maximum value in a market that is loaded with opportunity. The good news is Colorado’s recreational ranch inventory includes a number of exceptional listings that will carry it well into the 2016 season.

Tarryall Creek Colorado Fly Fishing Properties For Sale

By: Brian Smith

Expectations were high given the angler reports on the fishing club website, but we had no idea how much fun it would be. Cody Lujan and Brian Smith spent a half day wearing their arms out on two listings on Tarryall Creek southwest of Denver. A thriving population of wild brown trout that readily take the fly provided plenty of action. Ranging in size from about 6 inches to several in the 12 to 14 inch range, the trout were hitting both dries and droppers.

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Thousands of willows transplanted along the creek on Notch in 2009 have matured nicely, providing protection, shade and roots to stabilize the banks of the creeks during runoff. Fish were stacked up in pools, below shelves and undercut banks. Stealthy approaches to a new pool were regularly rewarded with a hookup on the first cast. Both Tarryall Meadows Ranch and Tarryall Notch Ranch have just had a price reductions and are compelling offerings for live water oriented buyers under $1.5 million.

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Tarryall Creek Ranch is located 45 minutes from Breckenridge Ski Resort and 90 minutes southwest of Denver. The 830± acre property features 1.3± miles of meandering Tarryall Creek set against a backdrop of the snow capped peaks of the Continental Divide. The stream is home to a vibrant, self-sustaining population of wild brown trout along with the occasional rainbow and brook trout. The owners completed extensive riparian plantings and stream enhancements over the past few years, significantly improving habitat, shelter and the fishery. There is a stunning homesite location at a notch in the valley, overlooking the ranch with the mountains of multiple ranges visible in the distance. In addition to being ecologically important and protected, the ranch is adjacent to BLM lands as well as several large ranches and is easily accessible from paved Highway 285. Asking Price $1,650,000 Now Offered at $1,500,000.

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Tarryall Creek Ranch is located just 45 minutes from Breckenridge Ski Resort, this 240± acre Colorado mountain ranch features almost two miles of trout fishing on Tarryall Creek in a stunning setting at the base of several 13,000 foot peaks of the Continental Divide. Abundant water flows through the ranch from the snow-capped peaks to the west, feeding numerous ponds and stream channels in the broad riparian area and supporting healthy populations of self-sustaining brown trout. The aspen groves, grass meadows, evergreens and native shortgrass prairie provide excellent habitat for wildlife including elk, antelope and a variety of raptors. A choice homesite is nestled between an aspen grove and the creek yet offers excellent views of the surrounding mountains. The ranch is located along the Boreas Pass Road, providing easy access to the Pike and Arapaho National Forests and the historic town of Como. The county seat of Fairplay is less than 15 minutes away, the year-round resort amenities of Breckenridge are within 45 minutes and Denver is about 75 minutes from the ranch.  Asking Price $1,200,000 Now Offered at $995,000

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Hall and Hall Hosts Open House on Colorado Ranches for Sale

Hall and Hall recently hosted a broker open house on two of the finest ranches for sale in Colorado: Big Mountain Ranch and Robinson Ranch.  The crew enjoyed the opportunity to tour these beautiful properties and utilize the world-class shooting range, sporting clays course, and trout fishing waters.

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The rifle range on Big Mountain ranch features a 465± sq. ft. log building, from which one can shoot in heated comfort, in addition to a covered concrete patio with several shooting stands.

Regarded as one of the finest trophy big game hunting and recreational ranches in Colorado, Big Mountain Ranch is a true sportsman’s paradise.  This inspiring 3,549± deeded acre ranch is situated adjacent to the national forest on the west slope of the Flat Tops Mountains, providing a beautiful setting for outstanding improvements and a wide variety of sporting venues. The ranch encompasses historical elk rutting grounds and attracts trophy-caliber herd bulls every year.

The fully automated sporting clays course includes a 377± sq. ft. club house for shelter and equipment storage. There are five covered shooting stands with eight remote-controlled throwing stations to send targets in a variety of challenging directions.

The fully automated sporting clays course includes a 377± sq. ft. club house for shelter and equipment storage. There are five covered shooting stands with eight remote-controlled throwing stations to send targets in a variety of challenging directions.

There are over a dozen ponds on Big Mountain Ranch, mostly fed by springs and creeks  A variety of trout inhabit the stocked ponds ranging from under a pound to some surprisingly hefty fish. Trophy trout in excess of 30 inches are caught every year. The method of fishing or the type of fly or lure does not seem to matter. In addition, the ranch is located within a short drive of two of Colorado’s top rivers, the White and the Colorado, making for convenient day trips.

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Guests of any age with little fishing experience can catch the fish of a lifetime.

Robinson Ranch is a superb big game hunting property featuring diverse habitat, water, multiple drainages and picturesque scenery. The land is located in the shadow of the game-rich Flat Tops Mountains of northwest Colorado with paved road access only 20 miles from either Meeker or Rifle.

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Robinson Ranch stands out for its wildlife and hunting opportunities. It features quality habitat and is located adjacent to the Flat Tops Mountains, home to the largest Rocky Mountain elk herd in North America, numbering over 42,000, and a huge mule deer population, estimated to be over 61,000.