Three Waters Ranch

$12,000,000 Steamboat Springs, CO 1,138± Deeded Acres

Executive Summary

The legendary Elk River cuts a ribbon through Three Waters Ranch and a lively, sight-fishing stream winds through the meadows. The mirror-still surface of a large, spring-fed lake reflects the peak of nearby Round Mountain. Together, the river, the stream and the lake give Three Waters Ranch its name and offer endless fishing adventures. Bordered by the Routt National Forest, the ranch encompasses 1,138 acres of pasture and wilderness. One of the most beautiful Colorado ranches available today, Three Waters Ranch also features superb improvements, including a large indoor equestrian arena with first-class amenities for horses and riders. Meticulously maintained ranch management facilities support cattle and haying operations. The ranch also has two large, well-appointed houses - a 5,126-square-foot owner's home with a bell tower and three fireplaces, and a 4,000-square-foot log home for the ranch manager - as well as two staff houses and three charming guest cabins. Located just 14 miles north of Steamboat Springs and premier skiing, Three Waters Ranch offers the best of Colorado ranch life and recreation, as well as an opportune investment.

Just the Facts

  • 1,138± acres
  • 14 miles north of Steamboat & Bob Adams Airfield
  • Within 45 minutes of Hayden Regional Airport
  • 1.4± miles of Elk River
  • 3/4 mile of sight fishing stream
  • 5± acre spring fed, aerated and stocked lake
  • 20.78 cfs of water rights
  • 270± acres of irrigated land
  • 5,126± sq. ft. residence
  • 3 guest cabins & 3 staff/guest homes
  • Adjacent to over 1 million acres of Routt National Forest
  • Paved road access from CR 129
  • Seller will convey mineral rights
  • Flexible conservation easement 
  • Equestrian center/indoor arena
  • Cattle and equestrian barns
  • Numerous agricultural buildings
  • 2 smaller lakes situated on sight fishing stream

Learn more about the property

Acreage (Deeded & Leased)

Deeded Acres: 1,138±
State Leased Acres:
Private Leased Acres:
BLM Leased Acres:
Indian Leased Acres:
Other Leased Acres:
Total Leased Acres:
Total Acres: 1,138±
Lowest Elevation: 7,000
Highest Elevation: 7,800

Water Rights

See Exhibit B Listing Agreement

Mineral Rights

See sheet in prop info folder

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