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Colorado Eagle Ridge Ranch Homestead #7 - SOLD

Gunnison , Colorado | Gunnison County | 35 Acres

$1,995,000
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Property Information

Eagle Ridge Ranch is a 4,900-acre cattle ranch located in the Ohio Creek Valley near Gunnison and Crested Butte, Colorado. The Ohio Creek Valley is a pristine mountain valley, which has been largely unspoiled by development. Eagle Ridge Ranch is conservation protected working ranch owned by 15 owners each with their own parcel of land and residential Homestead site. Homestead # 7 lies along Ohio Creek and is improved with a "like new" 4,300 square foot two-story mountain home. A number of “common” amenities exist for the owners including two miles of fishing on Ohio Creek, fishing pond, equestrian facilities, and two mountain cabins on 2,000 acres of "pristine" mountain land bordering National Forest.

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LOCATION

Eagle Ridge Ranch is located seven miles north of Gunnison via paved County
Road 730, locally known as the Ohio Creek Road. Gunnison lies between Pueblo and Grand Junction and accessible via US Highway 50. Gunnison by highway is 200 miles southwest from Denver, 165 miles west from Colorado Springs and 125 miles southeast from Grand Junction, Colorado. Gunnison’s commercial air service is provided by United and United Express from Denver. Additionally, during the winter months flights may be found from Houston and, Dallas. The airport also provides charter service, fueling and hanger facilities.

Homestead #7 lies along Ohio Creek and near the entrance of Eagle Creek Drive off of County Road 7 with great overviews of the ranch meadows and surrounding mountains.

IMPROVEMENTS

Located at 189 Eagle Creek Road, Homestead #7 is improved with a two story, four bedrooms, four and one-half bathrooms, stucco and stone mountain home. Located adjacent to Ohio Creek and the private trout fishing pond, the home features comfortable yet commanding architecture and high quality construction by renown local contractor Shipp & Spear Builders. The open floor plan of the main level of the home enjoys wood floors, amazing vaulted ceilings, clerestory windows and an impressive two-sided rock fireplace. The main level incorporates a beautiful open kitchen, master bedroom/bathroom. The main level has been enhanced by the addition of a breakfast/craft area with large windows facing east and screened in upper level porch facing north towards the mountains for enjoyment of the outdoor splendor. The lower level incorporates three bedrooms and two and one-half bathrooms along with a living room and the three-car garage. There is 4,300 total square feet with 3,650 square feet of finished living space. While built in 1996, the home is immaculate condition and used for only a few weeks each year by one owner as a second home.

CONSERVATION LAND COVENANT, PROTECTIVE COVENANTS AND PERMITTED USES

Eagle Ridge Ranch is designed to protect the property, wildlife and environment with a Conservation Land Covenant. The covenant also serves to protect the ranch from further development thus making the property exclusive to its current owners. The intent is to have the property remain in a substantially undisturbed natural state, altered only by the historical agricultural and ranching usage and the recreational usage. Additionally, the intent of the community is to encourage wildlife habitat, protect the natural elements and ecologic and aesthetic values.

Ranching activities include:
- pasturing, grazing, feeding and care of livestock
- growing, baling and storage of hay
- irrigation during normal irrigation season by water and water rights
- develop and maintain water resources
- predator control
- construct and maintain roads and easements

Recreation uses include:
- hunting within the Primitive Area of Eagle Ridge Ranch
- fishing at all times within a fishing easement along Ohio Creek
- skiing, walking, hiking
- horseback riding, all terrain vehicle usage
- other similar uses

Eagle Ridge Ranch offers a number of common amenities including fishing, hunting, wildlife viewing, use of two mountain cabins, and equestrian facilities.

Each Homestead is comprised of approximately 35 acres; part of which is used for ranching purposes by the Eagle Ridge Ranch in accordance with the permitted ranching activities. Each Homestead includes an Owner’s Use Area for personal and private use and a Building Envelope. The homesteads have been laid out to enjoy the property, to minimize the view impact and retain the exclusive flavor of Eagle Ridge Ranch. It is noted that the density is 325 acres for each owner. This extremely low density preserves the exclusive nature of the ranch, which is a key factor in ensuring its value.

Prescribed building sizes, building review processes, animal and other regulations, and a
Homeowners Association serves to protect and guide this unique ranch and community owned property. The operation of the agricultural activities provides an income stream to largely offset capital improvements, general maintenance and ranch expenses including maintenance of the roads for each Homestead as well as the expense of a full time ranch manager.

AREA & CLIMATE

The property is located in the Ohio Creek Valley, which is comprised of large ranches and high-end residential ranchettes. The Gunnison National Forest and West Elk Wilderness Area surround the Ohio Creek Valley. A number of snow-capped peaks surround the valley, giving rise to its local name “Valley of the Castles”.

The 2010 census indicated the population of Gunnison County at 15,324 with 5,834 people in Gunnison and 1487 inhabitants in Crested Butte. Gunnison is home to Western State College, a four-year college with attendance of 2,500. Recreation and Agriculture and government services are the primary industries.

The climate in Gunnison is typical for the central Rocky Mountains. The area climate is a “four-season” experience with lots of blue skies and sunshine filled days. The high/low temperatures for July are 81/42 and for January 30/5. Annual precipitation is estimated to be 13 inches.

RECREATION

The Gunnison area offers a number of recreational opportunities. Crested Butte Ski Area and Monarch Ski Area offer excellent mountain skiing, both a little over one-half hour form Gunnison.

Golfing is provided at two top rated courses in Gunnison and Crested Butte. Blue Mesa Reservoir and surrounding reservoirs and streams offer fishing and boating activities. Hunting, fishing, horse-packing and backpacking can be accommodated in the nearby Gunnison National Forest and West Elk Wilderness. The area is a recreation paradise.

SUMMARY

Eagle Ridge Ranch Homestead #7 offers a beautiful mountain home located on a most exclusive and pristine mountain ranch. Eagle Ridge Ranch offers the amenities of a working ranch, fishery, wildlife, two wilderness cabins and unlimited recreational opportunities all in the beautiful Ohio Creek Valley. This exclusive combination makes this offering an extraordinary and exceptional opportunity.

TAXES: $2,316 for 2013
HOA DUES: $11,000/year

Co-listed with Channing Boucher, Sotheby's Int. RE/Benson