Investing in land has always been a wise investment strategy since the creation of property ownership. As the great John D. Rockefeller once said, “The major fortunes in America have been made in land.” Owner/Broker at Mirr Ranch Group, Ken Mirr, agrees. According to Ken, “2017 saw pent up demand especially for prime well-located recreational ranches following a slower 2016, caused in part by election year jitters and falling farmland prices. This demand combined with a strong economy really boosted ranch sales across the board. Despite rising interest rates and persistently low commodity prices in 2018, farm/ranch values are remaining strong right now. With population growth, land degradation/conversion and water demands with climate change, well managed large-scale holdings with security of tenure and diversified ecological systems shall remain popular with forward thinking high net-worth investors.” Make a wise investment in land. Here are some of our top smart investment properties.
Stream View at Elk Creek Ranch | Meeker, Colorado – $795,000
Stream View at Elk Creek Ranch is aggressively priced and an attractive opportunity for membership and ownership at the coveted Elk Creek Ranch, one of the country’s finest private fly-fishing ranches. The asking price of Stream View is less than twice as much as the most recent sale and below the lowest historic sale price at Elk Creek Ranch over the last 10 years, creating a very compelling value proposition. To learn more about this unique market and sale trend check out this blog about the strengthening market in this area.
Indian Hills Farm | Fowler, Colorado – $1,400,000
Indian Hills Farm is a rare package that combines river frontage and sporting values with agriculture and income production all on just 340 acres. With its valuable water rights and gravel resources, the property is well suited for an opportunistic buyer who is looking to enjoy recreational capacity on a self sustaining investment.
Tortel | Caleta Tortel, Chile – $1,495,000
Tortel is a potential gold mine for the adventurous investor. In addition to adjoining Laguna San Rafael National Park, the property is priced well, offers fantastic fishing and views of glaciers. Oh yeah, and did we mention extractive water rights for over 1 billion gallons/year of pristine glacial water are included with the property for personal or commercial use?
Seven Diamonds Ranch | Westcliffe, Colorado – $2,950,000
Seven Diamonds Ranch is extremely well priced for a property it’s size, enjoys a robust income stream from the new hemp farming operation established on the ranch last year, and offers terrific upside given the stream enhancement potential of the fishery. Given the combination of strong agricultural performance and recreational potential, few high mountain hay ranches offer anywhere near the value of Seven Diamonds Ranch.
Red Sky Ranch | Lebanon, Kansas – $3,775,000
Red Sky Ranch is a multi-faceted working ranch coupled with excellent recreational qualities throughout. Home to trophy whitetail in excess of 180 inches, quail and turkey, hunting is second to none on the property. The property offers incredible water resources with over 30 acres of lakes and nearly 5 miles of creeks and streams. With a recent price reduction making this investment even more attractive, this viable farm operation and year-round cattle operation is self sufficient and capable of a consistent positive cash flow.
Snowmass Wilderness Estate | Snowmass, Colorado – $3,950,000
Rarely does luxury, comfort,and Colorado wilderness co-exist like it does at the 100-acre Snowmass Wilderness Estate. Sitting just below Mt. Sopris in proximity to Aspen, and bordering the White River National Forest, this property offers an off-the-grid, never-lived-in, green residence with modern amenities. Enjoy infinite recreation out your back door, including some top-notch Colorado alpine hunting for trophy elk, wild turkey, mule deer, mountain lion, and black bear. This is a value purchase that is priced to sell well below appraised value.
Cinch Buckle Ranch | Broadus, Montana – $8,500,000
Cinch Buckle Ranch, (along with its sister operation, Antelope Springs Ranch), is a profitable working landscape that utilizes Holistic Planned Grazing techniques which has allowed the ranch’s grasslands to thrive, all while simultaneously bolstering the ranch’s operational capacity and financial viability. For producers looking to expand their operations in the Northern Great Plains/Intermountain West region, Cinch Buckle Ranch is the most well-valued, scaled-up, working cattle ranch on the market today. The current owner’s investment in water infrastructure and ranch improvements, combined with their careful management and resulting forage productivity, have resulted in an easy-to-manage, predictably profitable operation. Intrigued? We are too. To find out more about his ranch’s investment potential, check out our recent blog on how Cinch Buckle is a cash generating machine.
For a video on the topic, see below: