Double X Ranch

Property Map

Double X Ranch - Recently Sold

$6,325,000
Steamboat Springs , Colorado

This scenic 2,300± acre ranch is an exceptional big game hunting property, featuring trophy-caliber elk, mule deer, antelope and black bear. A diverse landscape of aspen groves, dark timber, mountain meadows, sagebrush and willowed creek bottoms flow over multiple drainages, providing excellent habitat and attracting wildlife from surrounding public lands. Approximately 3± miles of Grizzly Creek plus springs and ponds provide ample water for wildlife and livestock. Located on the saddle between two large blocks of Routt National Forest, the ranch has become a sanctuary for large numbers of elk as well as mule deer and antelope. There are stunning views of the surrounding mountain ranges from the upper elevations of the property, which lies on the Continental Divide. A nice two bedroom cabin has power and well and there are numerous newer shop/storage buildings. The ranch features paved road access within 30 minutes of Steamboat Springs, Walden and Kremmling.

Location: 

The Double X Ranch is located in north central Colorado in the southwest corner of Jackson County, approximately 30 miles east of Steamboat Springs, 30 miles southwest of Walden and 30 miles north of Kremmling.  State Highway 14 borders the ranch, providing paved road access to the property from multiple directions.  Walden and Kremmling offer all the basic services including dining, lodging, medical, fuel and supplies.  Steamboat Springs is a world class resort town and home to Steamboat Ski Resort and a wide variety of amenities and services.  All three towns have general aviation airports and commercial service is available at the Yampa Valley Regional Airport in Hayden (60± minutes) or at the Denver International Airport (3± hours). 

Locale: 

Jackson County, which is commonly known as North Park, is an area of breathtaking beauty, consisting of a large intermountain basin of rolling hills and the meandering meadow streams that constitute the headwaters of the North Platte River, virtually surrounded by the high peaks of five mountain ranges.  Wildlife abounds, from numerous species of waterfowl and other birds to herds of elk, deer, antelope and the largest herd of moose in Colorado.  North Park is one of the last frontiers of Colorado, and is noted for its year-round recreational amenities, traditional working ranches, world-class fishing and hunting opportunities, and relative lack of crowds.

General Description: 

The Double X Ranch is situated on a saddle between two large mountain ranges.  To the west, the mountains of the Park Range are aligned north to south over the course of about 75 miles.  To the east, the Rabbit Ears Range is approximately 30 miles long and aligned east to west.  These ranges converge to form a “T” with the Double X Ranch located at the intersection of the lines, on a low spot that creates the saddle between the mountain ranges.  The Continental Divide travels along the spine of both mountain ranges and goes right through a portion of the ranch.  This concept is strategically important from the aspects of wildlife and hunting.  The Park and Rabbit Ears mountains are in the Routt National Forest, where the elk are plentiful but so are hunting tags and public hunters.  The saddle between the two ranges consists of a few large privately owned ranches that become sanctuaries for elk when the public lands receive human pressure.

The ranch itself is positioned on the north slope of the Continental Divide, encompassing several drainages as they run their course from the top of the mountain down to Grizzly Creek.  From the creek, which flows along the west and north ends of the ranch at around 8,400 feet, the property increases in elevation to approximately 9,300 feet at the top of the Divide.  The multiple side drainages that flow from the Divide down to the creek give the ranch a variety of slopes with many aspects.  This geography provides for diverse vegetation, including aspen groves, riparian areas, sagebrush, secluded meadows and north slopes with dark timber.  The majority of the trees on the ranch are aspen with smaller numbers of spruce and fir.  There are a few small areas of lodge pole pines, which have been infected by mountain pine beetles, but the majority of the forests on the ranch are healthy.  There are a number of springs and ponds located in these side drainages, providing year-round sources of water. 

The Double X Ranch is nearly surrounded by large blocks of private and public land.  To the north and west lays approximately 5,000± acres of state land, known as the Rabbit Ears State Trust Land.  To the south is the 10,000± acre Bear Mountain Ranch and part of the 6,600± acre Arapaho Ranch and to the east is the Frenchman Ranch, which is comparable in size to the Double X.  All three of the neighboring large ranches have been offering guided hunts or hunting access for many years and are managed for sustainable quality hunts.

The ranch enjoys excellent access with multiple ingress/egress points from paved Highway 14.  The historical headquarters of the ranch, the “Cow Camp,” is accessed directly from the highway via a private entrance with a locked gate. 

The main house is located in a secluded spot off the highway but is easily accessed via a secondary county road, and then through a second private entrance with a locked gate.  Once on the ranch there is a network of interior roads which make it possible to drive an ATV or truck to virtually every part of the property. 

Acreage: 

The ranch consists of approximately 2,300± deeded acres. 

Improvements: 

The ranch has three sets of modest, yet functional improvements.  The operating headquarters, referred to as the “Cow Camp” is located in the northwest corner of the ranch, with easy access off the highway.  The Cow Camp has an older cabin, two metal storage buildings and working facilities for the cattle.  This location is also served by electric, propane, a well and septic.  There are three small fishing cabins located near the northeast entrance to the ranch.  These do not have power and water like the other two locations.

The main ranch house and a large shop/garage are located in a secluded spot near the northeast corner of the ranch.  These are of recent construction, having been built in the late 1990s and are served by electric, propane, well water and a septic system.  The main house features a nice living, kitchen and dining area with wood burning stove, two bedrooms, two baths and a covered porch.  The shop/garage is a low-maintenance metal building with plenty of workshop and storage space. 

Climate: 

The ranch exhibits the attractive characteristics of the Colorado mountain climate – warm sunny days with low humidity and cool nights.  Average summer temperatures are in the upper 70s, with lows in the 40s.  Winter typically means temperatures ranging from the teens at night to 20s during the day.  Snow will accumulate during the winter months, though the highway is well maintained so access is good throughout the year. 

General Operations: 

The ranch is lightly utilized for summer pasture with a lease to a local cattle rancher.  In addition, a neighboring ranch leases the Double X in the fall for elk hunts.  The ranch is hunted in conjunction with his property and the hunters have been coming annually for many years.  Both lessees are interested in continuing their relationship with a new owner, but no commitments beyond the upcoming grazing/hunting seasons have been set.  Although not a significant source of income, there is value in having quality locals keeping an eye on the ranch.

Water Resources: 

Water is a key component for wildlife as well as recreational opportunities and the Double X Ranch has a variety of water resources.  Flowing through the ranch for approximately 3 channel miles, Grizzly Creek provides fishing opportunities for trout, particularly for browns and brookies.  The creek bed is generally 10 – 15 feet in width.  It also supports an active beaver population, which benefits the trout by creating deeper water for them to survive during periods of lower flows.  In addition to the stream there are a variety of springs, seeps, wallows and ponds distributed throughout the ranch.

Wildlife Resources: 

The Double X Ranch truly stands out for its wildlife and big game hunting opportunities, especially for Rocky Mountain elk.  The ranch features a wide variety of terrain and vegetation, including open hillsides, secluded meadows, ridgelines, steep north facing slopes, riparian areas, dark timber, wallows and aspen stands.  This diversity gives the ranch a large number of “transition zones” where one habitat type borders another.  These edge areas are very desirable for wildlife populations. 

During the fall, the hunting pressure in the large blocks of Routt National Forest to the east and west of the ranch gets the elk on the move and many seek refuge on this ranch.  The large numbers of elk that congregate on the ranch during the hunting seasons are a testament to this.  The ranch has everything the elk need – cover, water, plenty of feed and refuges of cool, dark, nearly impenetrable timber. 

The topography of the ranch also makes it an enjoyable hunting property.  The interior road network makes it easy to get around the ranch and there are a variety of good glassing points throughout the ranch.  A number of prime habitat locations with water are spread around the ranch.  The multiple drainages allow a hunter to hunt one drainage and leave the others untouched.  Because the hunting on the ranch has been carefully managed for many years, it has larger than average bulls, including many who grew up on the ranch and call it home.  

The ranch is located in Game Management Unit #17, which offers an unlimited either-sex elk archery license and unlimited bull tags for two of the four rifle seasons.  This means that an elk hunter can purchase an over-the-counter license for either of the 9-day rifle seasons or the month-long archery season.  It does not matter whether the hunter is a resident of Colorado or a non-resident.  Moose, mule deer, antelope, black bear and mountain lion licenses are available for Unit #17 through the regular Colorado Parks and Wildlife draw process.

Recreational Considerations: 

In addition to the outdoor recreational opportunities available on the ranch, there are a multitude of diversions in the immediate area.  Nearby Routt National Forest contains over a million acres of public lands for recreation.  World-class skiing and snowboarding is just 30 minutes from the ranch at Steamboat ski resort.  One of the top snowmobiling trail networks in Colorado, Rabbit Ears, is only 10 minutes away.  A wide variety of additional river and lake venues are within 30 miles, including the North Platte, Yampa, Colorado and Blue rivers as well as Wolford Mountain Reservoir.

Taxes: 

Property taxes for 2012 amounted to $2,531.25.

Mineral Rights: 

Any and all appurtenant mineral rights owned by seller will be conveyed to buyer at closing.  The federal government reserved much of the mineral rights when this area was being patented and it is believed that most of the minerals are federally owned.  There is no mineral development activity on the ranch and does not appear to be any in the immediate vicinity. 

Broker Comments: 

The Double X is a picturesque Colorado high country ranch with diverse wildlife habitat, water resources, great access, functional improvements and beautiful scenery.  Attractive as those things may be, what truly differentiates this ranch is the exceptional elk hunting, some of the finest in the state.  To top it off, the ranch is appropriately priced based on the 2012 sales of two nearby ranches with very similar attributes, both located within 7 miles of the Double X.

The Facts: 

•    2,300± acres located in the mountains 25 miles east of Steamboat Springs.
•    Excellent big game hunting due to location, habitat, water and topography.
•    Numerous ponds, springs, Grizzly Creek and tributary drainages provide ample water for wildlife and livestock.
•    Panoramic views stretch from Rabbit Ears and the Park Range across the valley to the Medicine Bow Mountains.  
•    Existing improvements include a nice cabin, outbuildings, corrals and interior road network.

Additional Services: 

MANAGEMENT SERVICES – Hall and Hall’s Management Division has a very clear mission–to represent the owner and to ensure that his or her experience is a positive one. Services are customized to suit the owner’s needs. They often begin with the recruiting and hiring of a suitable ranch manager or caretaker and are followed by the development of a management or operating plan along with appropriate budgets. Ongoing services include bill paying, ranch oversight, and consulting services as needed. Even the most sophisticated and experienced ranch owners appreciate the value of a management firm representing them and providing advice on local area practices and costs. Wes Oja and Jerome Chvilicek at (406) 656-7500 or Justin Bryan at (325) 260-5883 are available to describe and discuss these services in detail and welcome your call.

RESOURCE ENHANCEMENT SERVICES – Increasingly the value of a ranch is measured by the quality of each and every one of its resources. Coincidentally, the enhancement of a ranch’s resources also increases the pleasure that one derives from the ownership of a ranch. Our management services have included the assessment of everything from wildlife habitat to bird habitat to water resources and fisheries and the subsequent oversight of the process involved with the enhancement of these resources.Wes Oja, Jerome Chvilicek or Dan Bergstrom at (406) 656-7500 or Justin Bryan in our Abilene office at (325) 260-5883 are available to describe and discuss these services in detail and welcome your call.

AUCTIONS - Hall and Hall Auctions offer “Another Solution” to create liquidity for the owners of Investment-Quality Rural Real Estate.  Our auction team has experience in marketing farmland, ranchland, timberland and recreational properties throughout the nation.  Extreme attention to detail and complete transparency coupled with Hall and Hall’s “Rolodex” of more than 40,000 targeted owners and buyers of rural real estate help assure that there are multiple bidders at each auction. In addition, the unique Hall and Hall partnership model creates a teamwork approach that helps to assure that we realize true market value on auction day.  For more information on our auction services contact Scott Shuman at (800) 829-8747.

APPRAISALS - Staying abreast of ancillary market influences in ever-changing economic conditions requires a broad professional network to tap into. Finding an appraiser who not only understands the numbers but also the differences in value from one area to another is a critical part of making an informed decision. The appraisal team at Hall and Hall, formed entirely of Accredited Members of the American Society of Farm Managers and Rural Appraisers (ASFMRA), has that critical network of brokers and lending professionals. This professional network coupled with diverse experience across multiple regions and market segments allows our appraisal team to deliver a quality product in a reasonable timeframe.  For more information contact our appraisal team at (406) 656-7500.

SPECIALIZED LENDING - Since 1946 Hall and Hall has created a legacy by efficiently providing capital to landowners.  In addition to traditional farm and ranch loans, we specialize in understanding the unique aspects of placing loans on ranches where value may be influenced by recreational features, location and improvements and repayment may come from outside sources. Our extensive experience and efficient processing allows us to quickly tell you whether we can provide the required financing.

Competitive Pricing  |  Flexible Terms  |  Efficient Processing
Dave Roddy • (406) 656-7500  
Mike Hall or Judy Chirila • (303) 861-8282
Monte Lyons • (806) 698-6882 
J.T. Holt • (806) 698-6884

In Colorado, Buyers should be aware that different real estate brokerage relationships are available which include seller agency, buyer agency or transaction-brokerage.

BROKERAGE DISCLOSURE TO BUYER

 

Definitions of Working Relationships:

Seller’s Agent:
A seller’s agent (or listing agent) works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller. The seller’s agent must disclose to potential buyers all adverse material facts actually known by the seller’s agent about the property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.

Buyer’s Agent:
A buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the buyer. The buyer’s agent must disclose to potential sellers all adverse material facts actually known by the buyer’s agent including the buyer’s financial ability to perform the terms of the transaction and if a residential property, whether the buyer intends to occupy the property. A separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.

Transaction-Broker:
A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any contracts, including the closing of the transaction without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care in the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction-broker concerning a property or a buyer’s financial ability to perform the terms of a transaction and if a residential property, whether the buyer intends to occupy the property. No written agreement is required.

Customer:
A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because such party has not engaged or employed the broker, either as the party’s agent or as the party’s transaction-broker.

Please contact one of the Hall and Hall brokers for a complete discussion of potential working relationships for this property.  A written relationship disclosure will be provided to a prospective buyer prior to engaging in brokerage activities as defined by the Colorado Real Estate Commission. 

NOTICE: Offering is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classifications, acreages, carrying capacities, potential profits, etc., are intended only as general guidelines and have been provided by sources deemed reliable, but whose accuracy we cannot guarantee. Prospective buyers should verify all information to their satisfaction. Prospective buyers should also be aware that the photographs in this brochure may have been digitally enhanced.