$29,000,000

One of the most well-known legacy ranches in northern Colorado, Grizzly Ranch combines exceptional ranching and recreational attributes on 9,286± deeded acres plus 13,400± BLM leased acres. The ranch is located along Highway 14, approximately 10 minutes from Walden and 45± minutes from Steamboat Springs. Named after Grizzly Creek, which meanders for five-plus miles through the ranch, the Grizzly Ranch is a well-watered, contiguous ranch that offers great working ranch production values and outstanding recreation. The ranch also contains seven miles of Little Grizzly Creek, and the confluence of Little Grizzly and Grizzly Creeks is the beginning of the famous North Platte River, which flows for another four-plus miles on the ranch. With over 16 miles of creeks and the river, the ranch offers tremendous brown and rainbow trout fishing and the opportunity to make additional stream improvements. The ranch runs a well-balanced hay and grazing operation. Productive hay meadows are irrigated with senior water rights and an extensive ditch system that provides irrigation water for over 4,700 acres. The current owner rates the ranch at 1,000 pairs annually plus 400-500 yearlings and they are producing more than 3,500 tons of quality mountain hay annually. There is an excellent set of first-class operating improvements and outbuildings consisting of multiple sets of working facilities and numerous Morton structures. This is the first time that the ranch is being offered with the seller’s valuable mineral rights, which have generated significant royalty payments from oil and gas production.