Denver, Colo. [December 13, 2012] – The Mantle Ranch, surrounded by the 225,000-acre Dinosaur National Monument, was sold by listing brokerage, Mirr Ranch Group of Denver, Colo. on Monday. The sold ranch was considered to be one of the top National Park Service (NPS) inholdings in Colorado and was purchased by a private party. The property was listed for $2,200,000.
This comes after speculation that the NPS or a conservation group would purchase the land. As noted in a recent Wall Street Journal article, federal land managers would like to acquire this tract and other national park inholdings. However, even though there is an increase in buyers who want to develop on these tracts, federal funding for such inholdings has decreased significantly over the last several years.
As listing ranch broker, Ken Mirr explains, “We had a number of different potential buyers and groups interested in the land and all of whom, in our minds, were conservation-minded. When it came down to it, we had a private buyer who was passionate about the land, understood the responsibilities of owning such an iconic property, and who was eager to close. Like the Mantles and Carollos before them, the new owners will be great stewards of the land.”
Local conservation and agricultural groups are pleased the ranching history of the property will continue.
“It’s exciting to see a new owner who will continue the ranching legacy and honor the history of the Mantle Ranch. Ranching is an integral part of the area’s history past and continues to be an important economic driver. I hope that the grazing uses will be seen as a benefit to the Park and its visitors in the years to come as well,” commented Executive Director of Colorado Cattlemen’s Agricultural Land Trust, Chris West.
Featured in John Fielder’s 2009 book, Ranches of Colorado, the Mantle Ranch offers 525 deeded acres set within the Yampa River Canyon beneath Castle Rock. The ranch is complemented by an approximately 30,000 acre federal grazing right that runs some 17 miles east/west and six to seven miles north/south along the Yampa River and the surrounding Yampa Bench.
“Mantle Ranch is an ecological, cultural and geological jewel located in a beautiful and serene river corridor with thousand foot high yellow and red sandstone canyon walls carved by the wild and free flowing Yampa River. The land is secluded, historic and replete with recreational and cultural resources such as petroglyphs, and other ancient Native American art, fossils, trophy elk and mule deer hunting, and white water adventures,” added Mirr.
In addition to the NPS, a number of conservation organizations were interested in the property due to its location within the Monument, federal grazing right, water rights, cultural and wildlife resources, and history.
“We enjoyed working with all of these groups and appreciate their commitment and efforts towards protecting these important landscapes. The recent cuts to the Land and Water Conservation Fund (LWCF) for these types of projects certainly impacted their ability to purchase the ranch and compete with private buyers,” said Mirr about the outcome of the sold ranch.