NOT LISTED FOR SALE

3795 Us Highway 50 Cimarron, CO 81220

Estimated Value: $609,000 - $2,578,000

Studio
2 Baths
1,150 Sq Ft
$1,050/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $6,630,000 $5,765 Per Sq Ft

Current estimated payment $6,520/month

Highlights

  • Horses Allowed On Property
  • 2 Car Detached Garage
  • 100 Irrigated Acres
  • 2,210 Acre Lot
  • Pasture
  • ADU includes 1 Bedroom and 1 Bathroom

About This Home

As of January 2022

Circle Saw Ranch Ranch is an alpine gem located in western Colorado, in the iconic Cimarron range. This 2,210-acre ranch captures every bit of what makes this part of Colorado historically inspiring. The Circle Saw Ranch borders the Black Canyon National Park and stretches 3.78 miles from end to end gaining over a thousand feet in elevation over cascading plateaus of open meadows between mature groves of aspens. Unencumbered, the ranch consists of stunning southern mountain views of white capped peaks rising above deep dark timber, skirted by golden yellow aspens shadowing valleys of lush green meadows lined with clear mountain streams. This stunning ranch has provided summer grazing for cattle ranchers for generations, along with providing excellent hunting opportunities for area class elk and mule deer. Located in GMU 64 elk tags are easily acquired Over-The-Counter. The ranch holds a verity of wildlife from turkeys, elk, deer, bear, big cats, and even moose. The head waters of Stumpy Creek reside on this ranch and the property is dotted with ponds and springs from head to toe. 2 shares of Blue Creek Ditch flood irrigate roughly 100 acres at the base of the ranch. Consisting mostly of timber and meadows extensive habitat management was implemented on this ranch including the reconstruction and the building of 6 new ponds an re-seeding of the main parks. New roads were also constructed on the ranch along with slash cleanup near the best building locations. A rare find in western Colorado with all-year access from Hwy 50 with the lower wintering ground for elk and deer, to the alpine habitat to summer the cattle and wildlife all the way into Curecanti National Recreation Area. The ranch has multiple modest living spaces and outbuildings with access to propane, power, and well water. Water rights, access, big views, live water, excellent hunting, timber, grazing, ponds, improvements, internal roads, new alta survey, boundary fencing and cross fencing, habitat improvements, springs, utilities, public land access, and more. This ranch has it all!

Last Agent to Sell the Property

Joseph Burns

Eagle Land Brokerage Listed on: 01/18/2022

Last Buyer's Agent

Reese Lovell

Reese Lovell, Independent Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 1948

Lot Details

  • 2,210

Parking

  • 2 Car Detached Garage

Home Design

  • Cabin
  • Ranch Property

Interior Spaces

  • 2 Full Bathrooms
  • 1,150 Sq Ft Home
  • Partially Furnished

Additional Homes

  • 625 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)
  • ADU includes 1 Bedroom and 1 Bathroom

Schools

  • Gunnison 1-5 Elementary School
  • Gunnison 6-8 Middle School
  • Gunnison 9-12 High School

Farming

  • 100 Irrigated Acres
  • Pasture
  • Cattle
  • Livestock
  • Sheep or Goats

Utilities

  • Irrigation Water Rights
  • Well
  • Internet Available

Additional Features

  • 2,210 Acre Lot
  • Horses Allowed On Property

Listing and Financial Details

  • Security Deposit $100,000
  • Assessor Parcel Number 398500000051

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,844

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Class: Farmranch
  • Em Holder: Fidelity Title
  • Fronts: BLM
  • Legal Lot Block: 2,196.77 ACRES IN SECTIONS 8, 14-17, 20-22, 27 & 28, TOWNSHIP 48N, RANGE 5W
  • List Price per Sq Ft: 5765.22
  • Parcel Id Number: 398500000051
  • Price Per Sq Ft: 5765.22
  • Sold Price Sq Ft: 5765.22
  • Tax Account Id: R016215
  • Property Type: Agriculture, Residential/Single Family, Mountain, Recreational
  • Type: With Residence
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 100
  • Estimated Total Acres: 2210
  • Estimated Total Sq Ft: 1150
  • Current Property Use: Cattle, Sheep Ranch, Horses, Ag/Livestock, Recreation, Pasture, Grazing, Residential Single Family, Hunting
  • Em Deposit: 100,000
  • Possible Property Use: Ag/Livestock, Cattle, Grazing, Horses, Hunting, Mountain Recreation, Pasture, Recreation, Residential Single Family, Sheep Ranch
  • Water Rights Irrigation: Yes
  • Adjudicated Yn: Yes
  • Annual Irrigation Cost: 100
  • Can Be Subdivided: Unknown
  • Estimated Dwelling 2 Total Sq Ft: 625
  • Dwelling 2 Bathrooms: 1
  • Dwelling 2 Bedrooms: 1
  • Dwelling2 Year Built: 2011
  • Garage Yn: Yes
  • Irr Water Descamnt: 2 shares
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Total Officedens: 0
  • Access: Year Round
  • Additional Living Type: Cabin
  • Internet Provider: Hughes Net
  • Internet Service: Yes
  • Total Taxes Dollar: 1844
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2

Exterior Features

  • Views: mountain, valley

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Capacity: 2

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Jc Propane
  • Irrigation Water District: Blue Creek Ditch
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 250385 & 65540

Schools

  • High School: Gunnison 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Jan 19, 2022
Sold by
Keeling Land & Cattle-Ks/Co Llc
Bought by
Busted Bronc Ranch Llc
Seller's Agent
Joseph Burns
Eagle Land Brokerage
Buyer's Agent
Reese Lovell
Reese Lovell, Independent Broker
List Price
$6,630,000
Sold Price
$6,630,000
Current Estimated Value
$1,207,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,422,281
Avg. Annual Appreciation
-34.60%
Original Mortgage
$5,280,000
Outstanding Balance
$1,203,343
Interest Rate
2.62%
Estimated Equity
$4,376

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jul 14, 2021
Sold by
Blue Summit Ranch Llc
Bought by
Keeling Land & Cattle Ks Co Llc
Seller's Agent
Reese Lovell
Reese Lovell, Independent Broker
Buyer's Agent
Joseph Burns
Eagle Land Brokerage
List Price
$5,950,000
Sold Price
$5,000,000
Premium/Discount to List
-$950,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.05%

Purchase Details

Closed on
Sep 23, 2009
Sold by
Helen L Leonard & The John W Leonard Fam
Bought by
Blue Summit Ranch Llc

Purchase Details

Closed on
Jun 3, 2009
Sold by
Helen L Leonard And The John W Leonard F
Bought by
Blue Summit Ranch Llc

Purchase Details

Closed on
Jun 21, 2004
Sold by
Leonard John W Estate
Bought by
Leonard Helen L
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Busted Bronc Ranch Llc $6,630,000 Land Title
Keeling Land & Cattle Ks Co Llc $5,000,000 Fidelity National Title Co
Keeling Land & Cattle Ks Co Llc -- Fidelity National Title Co
Keeling Land And Cattle Ks Co Llc -- Fidelity National Title Co
Blue Summit Ranch Llc -- None Available
Blue Summit Ranch Llc -- None Available
Leonard Helen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busted Bronc Ranch Llc $5,280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2022 01/19/22 Sold $6,630,000 0.0% $5,765 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $6,630,000 +32.6% $5,765 / Sq Ft
07/14/2021 07/14/21 Sold $5,000,000 -16.0% $3,016 / Sq Ft View Prior Sale
06/10/2021 06/10/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $5,950,000 -- $3,589 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,972 $63,400 $9,060 $54,340
2023 $2,972 $59,720 $9,060 $50,660
2022 $1,990 $38,930 $8,930 $30,000
2019 -- $38,230 $9,540 $28,690
2018 -- $29,520 $9,010 $20,510
2017 -- $29,520 $9,010 $20,510
2016 -- $35,670 $8,260 $27,410
2015 -- $35,670 $8,260 $27,410
2014 -- $26,180 $7,460 $18,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 789757

Colorado Real Estate Network (CREN)

APN: 398500000051