Promontory Ranch Receives GOCO Funding

This past Tuesday, Great Outdoors Colorado (“GOCO”) announced its biannual funding decisions for conservation and community projects throughout the state. Using funds collected from Colorado’s lottery, GOCO will distribute $6.8 million to protect more than 40,000 acres of private land.

Of all the grants awarded, we were especially excited that Crested Butte Land Trust received $382,623 to assist with the purchase of the northern portion of the Promontory Ranch. With this purchase and the subsequent conservation easement, Crested Butte Land Trust will be protecting access to the Snodgrass Mountain trailhead, a well-known departure point for hiking, mountain biking, and backcountry skiing in Gunnison National Forest. The purchase will also benefit the local wildlife population, as this property is home to important wetlands and deer and elk habitat.

Promontory Ranch | Crested Butte Ranches for Sale

Given the overwhelming local support for this purchase, we fully expect Crested Butte Land Trust to complete the last portion of its fundraising effort and close on the property in mid-January. After the closing, Mirr Ranch Group will continue marketing the remaining 156+/- acres, which will then be surrounded by the conserved open space to the north, Gunnison National Forest to the west, and Crested Butte Mountain Resort to the east – a truly one-of-a-kind property.

Here at Mirr Ranch Group, we are always thrilled to play a role in transactions that produce mutually beneficial results for all stakeholders – sellers, buyers, wildlife, and the local community.

For more information on GOCO’s recent round of funding, as well as Crested Butte Land Trust’s efforts, please refer to this article from Tuesday’s Denver Post:

Great Outdoors Colorado awards $6.8M for open space, recreation

To learn more about Crested Butte Land Trust’s final fundraising push, visit their Saving the Snodgrass Trailhead webpage.

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