Seller's Agent in 2021
Brian Smith
Hall and Hall Partners
(970) 846-1262
26 Total Sales
Estimated Value: $576,000 - $1,200,000
Situated on the north slope of the Grand Mesa in western Colorado, this scenic 1,720± acre mountain ranch is highlighted by excellent big game hunting combined with abundant water resources and agricultural production. The diverse landscape rises from lower-elevation irrigated meadows and oaks up through expansive aspen and conifer forests that reach to the national forest boundary along two sides. Several creeks course through separate drainages on the ranch providing water for fishing, wildlife, livestock, and irrigation of hay meadows and pastures. The resulting wildlife habitat is ideal for a variety of species including elk, mule deer, moose, black bear, cougar, and turkey. In addition to wild brook trout in Grove Creek, there are a number of ponds well suited for stocking. Productive water rights anchor the agricultural operation, which is complemented by additional revenue from a hunting lease and rental unit income. Improvements include several modest homes and cabins for owner and guest usage, along with multiple barns and agricultural accessory buildings. Bordering a county road for easy access, the ranch is also served by electric power and has an extensive interior network of roads and trails. Grove Creek Ranch has an end-of-the-road setting, yet is only 10 minutes from the local ranching town of Collbran, 40 minutes from Powderhorn Mountain Resort ski area, and less than an hour from the city of Grand Junction and the commercial airport. There has been no mineral development on the ranch, however it is located in a well-known natural gas basin, and seller-owned minerals amounting to 50% of 1,120± acres are included. This means it would be unlikely that the minerals are developed without the mutual agreement of the ranch owner, and for a buyer desiring mineral royalty income, could result in a significant future revenue stream. Productive water rights anchor the agricultural operation, which is complemented by additional revenue from a hunting lease and rental unit income. Improvements include several modest homes and cabins for owner and guest usage, along with multiple barns and agricultural accessory buildings. Bordering a county road for easy access, the ranch is also served by electric power and has an extensive interior network of roads and trails. Grove Creek Ranch has an end-of-the-road setting, yet is only 10 minutes from the local ranching town of Collbran, 40 minutes from Powderhorn Mountain Resort ski area, and less than an hour from the city of Grand Junction and the commercial airport. There has been no mineral development on the ranch, however it is located in a well-known natural gas basin, and seller-owned minerals amounting to 50% of 1,120± acres are included. This means it would be unlikely that the minerals are developed without the mutual agreement of the ranch owner, and for a buyer desiring mineral royalty income, could result in a significant future revenue stream.
Last Agent to Sell the Property
Hall and Hall Partners Brokerage Phone: (970) 879-5544 License #EA40008667 Listed on: 01/27/2021
Last Buyer's Agent
Dave Harrigan
Harrigan Land Company
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glas Rosemarie | -- | -- | |
| Glas Rosemarie | $400,000 | Abstract & Title Company | |
| Glas Rosemarie | $4,250,000 | Abstract & Title Company | |
| Swanson Gary Robert | $10,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Glas Rosemarie | $62,137 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $6,300,000 | -6.7% | $2,660 / Sq Ft |
| 07/05/2021 07/05/21 | Pending | -- | -- | -- |
| 05/29/2018 05/29/18 | For Sale | $6,750,000 | -- | $2,851 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2025 | $4,373 | $60,970 | $1,590 | $59,380 |
| 2024 | $2,593 | $47,840 | $1,570 | $46,270 |
| 2023 | $2,593 | $47,840 | $1,570 | $46,270 |
| 2022 | $2,158 | $50,390 | $1,520 | $48,870 |
| 2021 | $2,466 | $53,100 | $1,670 | $51,430 |
| 2020 | $2,329 | $52,030 | $1,600 | $50,430 |
| 2019 | $2,065 | $52,030 | $1,600 | $50,430 |
| 2018 | $2,744 | $56,940 | $1,530 | $55,410 |
| 2017 | $2,656 | $56,940 | $1,530 | $55,410 |
| 2016 | $2,704 | $57,720 | $1,430 | $56,290 |
| 2015 | $2,596 | $57,720 | $1,430 | $56,290 |
| 2014 | $2,573 | $56,890 | $1,330 | $55,560 |
Seller's Agent in 2021
Brian Smith
Hall and Hall Partners
(970) 846-1262
26 Total Sales
D
Buyer's Agent in 2021
Dave Harrigan
Harrigan Land Company
Source: Aspen Glenwood MLS
MLS Number: 154259
APN: 2717-201-00-129
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