
38500 Lobo Ct Steamboat Springs, CO 80487
Estimated payment $13,984/month
Highlights
- Horses Allowed On Property
- Hilly Lot
- 2 Stock Tanks or Ponds
- Waterfront
- Creek On Lot
- Pasture
About This Home
The Buffalo K Ranch consists of 400+ acres located just 20 minutes from Steamboat Springs. The rolling hills, lush creek beds, and rocky outcroppings create a varied topography. A small log cabin at the southern entrance of the ranch would make a great weekend getaway, ranch managers cabin or long term-residence. The ranch is made up of 7 parcels, with potential for a 113 acre tract to be further divided, presenting significant development opportunities. Keep the parcels together and build in a secluded valley with no neighbors in sight, or up on a ridge for grand views. It is easy to access the property year-round, from both Highway 40 and County Road 52. The property features a large pond, smaller stock ponds, and the picturesque Wolf Creek running through it. The land is currently used for grazing cattle and the property is fully fenced and cross-fenced, Historically bison were run on the ranch. There are frequent sightings of elk, deer, and more on the ranch. The property's average elevation of 6600 feet provides stunning views of Mount Harris, the Yampa River corridor, and surrounding mountains. Native grasses, oak brush, and wildflowers populate the landscape. At the northern end of the property is a unique section of reclaimed mine ground, and has potential for numerous recreational uses like dirt biking or mountain biking.
The location offers both privacy and convenience, situated just 20 minutes from Steamboat Springs and 10 minutes from Hayden. The Yampa Valley Regional Airport is less than 10 minutes away and provides daily flights to Denver and numerous other domestic destinations during the ski season. Local amenities include schools like Sleeping Giant, Steamboat Montessori and the brand new Hayden school all within a 15 mile radius. Steamboat Springs and Hayden, offer a vibrant mix of restaurants, shopping, and recreational activities. Steamboat Springs is renowned for its diverse dining scene, featuring everything from gourmet restaurants to cozy cafes and lively breweries. The town also boasts a variety of unique shops, art galleries, and boutiques. Recreational opportunities abound, including world-class skiing and snowboarding at Steamboat Ski Resort, now the second largest ski resort in Colorado, hiking, fishing, and hot springs. Hayden, while smaller, offers charming local eateries and essential shopping options. It serves as a gateway to outdoor adventures, including hunting, horseback riding, and exploring the scenic Yampa River valley. Both towns provide a rich blend of cultural and outdoor experiences.
The ranch's natural surroundings, convenient location and development potential make the Buffalo K an ideal property for those seeking the perfect balance between ranching land and a long-term investment with multiple hold and exit strategies.

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,802
Lot Details
- Waterfront
- Property fronts a highway
- Dirt Road
- High Fence
- Barbed Wire
- Lot Has A Rolling Slope
- Hilly Lot
- Few Trees
- Current uses include agriculture, grazing, residential single, livestock
- Potential uses include agriculture, equine, grazing, hunting/fishing, residential single, for development
Home Design
- Log Siding
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Creek On Lot
- Wildlife includes elk, mule deer, pheasants, bears
Farming
- 2 Stock Tanks or Ponds
- Pasture
- Cattle
- Fenced For Cattle
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- 1 Water Well
- Septic Tank
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,802 | $24,950 | $4,060 | $20,890 |
2023 | $1,802 | $24,950 | $4,060 | $20,890 |
2022 | $1,638 | $21,230 | $2,850 | $18,380 |
2021 | $1,562 | $21,850 | $2,940 | $18,910 |
2020 | $852 | $11,780 | $2,620 | $9,160 |
2019 | $855 | $11,780 | $0 | $0 |
2018 | $771 | $10,620 | $0 | $0 |
2017 | $623 | $10,620 | $0 | $0 |
2016 | $652 | $11,440 | $2,400 | $9,040 |
2015 | $643 | $11,440 | $2,400 | $9,040 |
2014 | $615 | $10,880 | $2,090 | $8,790 |
2012 | -- | $15,900 | $2,280 | $13,620 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/12/2025 04/12/25 | For Sale | $2,500,000 | -- | -- |
About the Listing Agent

In just a few short years at Ranch & Resort Realty, Hallie has successfully navigated numerous complex transactions in the vibrant real estate market of northwest Colorado. From resolving probate mistakes on a vacant lot to addressing local regulation violations on a rural home, her meticulous marketing strategies and steadfast guidance ensured the successful closure of each deal. With expertise in land use, photography, and marketing, Hallie is well-versed in intricate matters including title,
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