Property has been on the market for $3.5M. Qualified bidders with opening bids over $1.9M will be invited to compete to become the new owner.
The 191-acre Swiftsure Ranch is located 30 minutes south of the Sun Valley Resort and five miles south of Hailey, Idaho, county seat for Blaine County and home to Friedman Memorial Airport, which offers commercial air service and a private fixed-base operation. The ranch controls nearly a mile of the Big Wood River, which is rated as one of Idaho’s highest-quality trout streams, and features a combination of irrigated hay meadows, wetlands, and aspen and cottonwood stands that offer total privacy. Improvements include a ranch house, caretaker’s home, and horse facilities. The ranch joins BLM lands to the west and enjoys outstanding mountain and water views. The Swiftsure is the largest riverfront ranch currently available for purchase in the upper Wood River Valley.
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The Swiftsure Ranch is located just south of the small community of Bellevue and 16 miles south of Ketchum and the Sun Valley Resort. Access to the ranch is via Idaho State Highway 75. Commercial air service, which is provided by Delta/SkyWest and Horizon Airlines, is available at Friedman Memorial Airport in Hailey less than five miles north of the ranch. The airport features a full-service, fixed-based operation, Sun Valley Aviation, which can accommodate all sizes of private aircraft. A greater variety of commercial air service is available at either Twin Falls, 50 miles south of the ranch, or Boise, 130 miles west of the property.
The property is in an enviable location in that it controls a mile of the Big Wood River, is within a short drive of Silver Creek (famous for its excellent fly-fishing), and is only a short distance from the ski mountain and the amenities of Sun Valley.
The Swiftsure Ranch is located in Blaine County in south-central Idaho. The county encompasses an area of 2,655 square miles and has a population of 21,000, most of which reside in the Wood River Valley communities of Ketchum, Sun Valley, Hailey, and Bellevue. The Sun Valley Resort was started by the Union Pacific Railroad in 1936 and is the oldest destination ski resort in the country. In addition to skiing in the winter, the temperate summer climate of the valley attracts visitors coming to enjoy fly-fishing, golf, mountain-biking, hiking, and numerous cultural activities hosted by the resort and other community groups. Services normally found in metropolitan areas are available in this small mountain community, including a state-of-the-art, 25-bed hospital and medical center associated with St. Luke’s Hospital in Boise and a public education system that is unparalleled in the state. The valley is also home to a private day-school called The Community School, with approximately 250 students enrolled from kindergarten through 12th grade.
The Swiftsure Ranch is situated in the Wood River Valley and is comprised primarily of river corridor, meadowland, and deciduous forest. The improvements are situated in the center of the ranch and accessed by a circular driveway that allows one to enter from either end of the main compound. The irrigated hay meadows lie to the east and north of the buildings separated by a lush grove of cottonwood and aspen trees. The area south of the buildings consist primarily of riparian forest and perennial wetlands, and has been maintained as such by the current owners in order to allow wildlife to live on the ranch undisturbed. The area north and west of the buildings is comprised of native river bottom meadows intermixed with forest and irrigated hayfields. The Big Wood River runs along the western boundary of the ranch. BLM lands lie along the west bank of the river and extend into the foothills overlooking the valley.
Owner’s Residence: Built in 1979, this home has three bedrooms and two bathrooms, a recently updated kitchen, den area, and an attached garage. The home enjoys extensive decking and an outdoor hot tub. It would make an excellent caretaker’s residence, in the event a new owner desired to build a more expansive home.
Caretaker’s Residence: Also built in 1979, this house has two bedrooms and one bath. It is situated to allow the occupants to keep a watchful eye on the horses as well as everyone entering and exiting the property.
Barn/Arena: This structure houses an indoor riding arena, a viewing lounge, the ranch office, and a stable area. The stable area includes a foaling stall with an adjacent finished bedroom for monitoring broodmares, a large tack room, laundry/feed room, wash rack, half bathroom, and nine stalls with automatic watering equipment.
Stabling Barn: This barn contains 18 stalls, two cross-tie areas, a feed room, and a small tack room. As part of the 18 stalls, there are two double stand stalls with outside runners and eight single-stand stalls with outside runners. The remaining stalls are inside stalls only.
Outdoor Arena & Stalls: The ranch has an oversized outdoor arena that contains a regulation dressage arena. There are also two smaller round pens, the smallest of which is used for breaking horses, while the larger was originally constructed as a cutting pen. In addition, there are 10 outdoor stalls that provide more stabling.
Other Improvements: The main improvement area includes a system of large paddocks, a hot walker, five loafing sheds, and an open barn used for storing wood chips and hay. There is also an open-faced equipment shed a short distance away from the primary cluster of improvements.
The ranch can irrigate approximately 64 acres using three Zimmatic center pivots, a 48-unit “big gun” automated system, and extensive landscaping and paddock sprinkler systems. Current crops are alfalfa hay and irrigated pastures. The balance of the property is comprised of native cottonwood and aspen forest with wetlands and an extensive riparian area.
"#37-0509, Priority Date 6/1/1884 for 142.5 inches or 2.85 CFS diverted from the District Canal (Bellevue Ditch) under Water District 37. This water right is used to irrigate the pasture and hayland located on the ranch.
#37-08098, Priority Date 5/13/1983 for three inches or 0.06 CFS. This water right is for a well used for domestic purposes and to water the paddocks and lawns in the main building area."
The current owners have operated the ranch in such a manner as to leave a portion of the property undisturbed for wildlife. Deer, elk, moose, coyote, fox, raccoons, beaver, waterfowl, and all types of raptors and migratory songbirds are attracted to the ranch due to its solitude as well as the extensive habitat features found on the property, including riparian areas, wetlands, ponds, and stands of cottonwood, aspen, and willow. In the winter there is sufficient room on the ranch for the owner to groom his/her own cross-country ski trail system.
In addition to the recreational opportunities afforded by Sun Valley, the ranch itself offers excellent wild rainbow trout fishing, horseback riding, and mountain-biking.
Property taxes are estimated at $3,356 annually.
The Swiftsure Ranch is zoned R-5 within the county zoning district providing a development density of five acres per residential unit. Portions of the property are in the 100-year flood plain.
Very few riverfront properties of this size and quality remain along the upper Big Wood River, and none are available for purchase with the exception of the Swiftsure Ranch. This rare offering provides total seclusion in a scenic, rural setting yet is easily accessible to the amenities of one of America’s best-known resort areas.
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, Jerome Chvilicek, Dan Berstrom or Brant Marsh at (406) 656-7500 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, Dan Bergstrom or Brant Marsh at (406) 656-7500 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
Tina Hamm or Scott Moran • (406) 656-7500
Mike Hall or Judy Chirila • (303) 861-8282
Monte Lyons • (806) 698-6882
J.T. Holt • (806) 698-6884
Idaho brokerage disclosure
The law requires all real estate licensees to perform certain basic duties when dealing with any real estate buyer or seller. You can expect any real estate licensee you deal with to provide the following “customer-level” services:
- To perform necessary and customary acts to assist you in the purchase or sale of real estate;
- To perform these acts in good faith and with reasonable care;
- To properly account for money or other property you place in his or her care; an
- To disclose “adverse material facts” which are, or should be, within that licensee’s knowledge. These include facts that would significantly affect the desirability or value of the property to a reasonable person, and facts that would indicate to a reasonable person that one of the parties cannot, or will not, complete his obligations under the contract. (Note: Idaho law exempts “psychological” impacts from this disclosure requirement. See Section 55-2701, Idaho Code)
Unless or until you enter a written agreement with the brokerage for agency representation, you are considered a “Customer” of the brokerage, and the brokerage will not act as your agent. As a Customer, you should not expect the brokerage or its licensees to promote your best interest, or to keep your bargaining information confidential.
Whenever you speak to a licensee who represents a party on the other side of the transaction, (e.g., you are seeking to buy the property, and the licensee represents the seller), you should assume that any information you provide will be shared with the other party.
If offered by the real estate brokerage, you may enter a written agreement for “Agency Representation,” requiring that the brokerage and its licensees act as an “Agent” on your behalf and promote your best interests as their “Client.” Idaho law authorizes three types of Agency Representation.
If you enter a written agreement for Agency Representation, you, as a Client, can expect the real estate brokerage to provide the following services, in addition to the basic duties and obligations required of all licensees:
- To perform the terms of your written agreement with skill and care;
- To promote your best interest, in good faith, honest and fair dealing;
- If you are the seller, this includes seeking a buyer to purchase your property at a price and under terms and conditions acceptable to you, and assisting in the negotiation thereof; and, upon your written request, asking for reasonable proof of a prospective buyer’s financial ability to purchase your property;
- If you are the buyer, this includes seeking a property to purchase at an acceptable price, terms and conditions, and assisting in the negotiation thereof; and, when appropriate, advising you to obtain professional inspections of the property, or to seek appropriate tax, legal and other professional advice or counsel.
- To maintain the confidentiality of specific client information, including bargaining information, even after the representation has ended.
Limited Dual Agency:
At a time you enter an agreement for Agency Representation, you may be asked to give written consent allowing the brokerage to represent both you and the other party in a transaction. This “dual agency” situation can arise when, for example, the brokerage that represents you, the seller, also represents buyers who may be interested in purchasing your property. When this occurs, it is necessary that the brokerage’s representation duties be “limited” because a buyer and seller have built-in conflicts of interest. Most significantly, the buyer typically wants the property at the lowest price, while the seller wants top dollar. As a “limited dual agent,” the brokerage and its licensees cannot advocate on behalf of one client over the other, and cannot disclose confidential client information concerning price negotiations, terms or factors motivation the client/buyer to buy or the client/seller to sell. However, the brokerage must otherwise promote the best interests of both parties, perform the terms of the written representation agreement with skill and care, and perform all other duties required by law.
Buyers and sellers alike often find it desirable to consent to limited dual agency: buyers do not want the brokerage to be restricted in the search for suitable properties, and sellers do not want the brokerage to be restricted in the search for suitable buyers. Thus, when all parties agree in writing, a brokerage may legally represent both the buyer and the seller in the same transaction, but only as a “limited dual agent.”
Limited Dual Agency with Assigned Agents:
In some situations, a brokerage that has obtained consent to represent both parties as a limited dual agent may assign individual licensees (“sales associates”) to act soley on behalf of each party. (The brokerage must have an office policy that ensures client confidences are protected.) Where this is the case, the sales associate, or “assigned agent,” is not limited by the brokerage’s agency relationship with the other party, but instead has a duty to promote the best interest of the client that he or she is assigned to represent, including negotiating a price. The designated broker (the licensee who supervises the sales associates in the brokerage firm) remains a limited dual agent for both clients, and ensures the assigned agents fulfill their duties to their respective clients.
What to Look For in Any Agreement for Agency Representation:
Whatever type of representation you choose, your written Agency Representation Agreement should answer these questions:
- How will the brokerage be paid?
- When will this Agreement expire?
- What happens when a transaction is completed?
- Can I cancel the Agreement, and if so, how?
- Can I work with other brokerages during the time of the Agreement? And what happens if I sell or buy on my own?
- Am I willing to allow this brokerage to represent me and the other party in the same transaction?
Real Estate Licensees Are Not Inspectors:
Even if you have a written agreement for agency representation, you should not expect the brokerage or its licensees to conduct an independent inspection of the property, or to independently verify any statement or representation made by any party to the transaction or other reasonably reliable sources (such as a licensed appraiser, home inspector, or the county assessor’s office). Real estate licensees are entitled to reasonably rely on the statements of their clients and other third-party sources. If the condition of the property is important to you, you should hire an appropriate professional, such as a home inspector, surveyor, or engineer.
Idaho Real Estate Brokerage Representation Act:
The specific duties owed by the real estate brokerage and its licensees to a customer or client are defined by the “Idaho Real Estate Brokerage Representation Act,” located at Idaho Code Section 54-2052, et seq.
When you sign a real estate Purchase and Sale Agreement as a buyer or seller, you will be asked to confirm:
- that this disclosure was given to you and that you have read and understand its contents; and
- the agency relationship, if any, between you and the brokerage working with you.
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.