Home Sale Pending in Bayfield $17,000,000

Lake Home Sale Pending

Wendell A Qualls, C: , Wendell, : A River Runs Through It! Cool Water Ranch is a truly beautiful mountain property with over 2 miles of the spectacular Pine River winding through it. The ranch is 1,015+- acres and will check all the boxes. In addition to excellent trout fishing, it also boasts great elk, mule deer, turkey and bear hunting. Cool Water Ranch has 5 vacation cabins and 14 RV spaces, all tucked on the west end, leaving the rest of the ranch wild and untouched. Cool Water Ranch can rightfully be described as the crown jewel of the Pine River Valley. The Ranch has a rich family history dating back to the early 1900's. This Ranch checks all the boxes and you would be hard pressed to find a more spectacular stretch of river, not to mention the beautiful mountain views. The Pine River meanders through over 2 miles through Cool Water Ranch on it's way down the valley and is known to have some of the best tailwater Rainbow Trout fishing in southwest Colorado. The Ranch is 1,015+- acres and consists of a couple of miles of river bottom and the Ranch extends up the mountainside to the north and the south sides of the Pine River Valley, bordering public lands on 4.5 miles of its boundary, allowing for seemingly limitless recreation and hunting opportunities. The Ranch is located just over a mile downstream from the Vallecito Lake Dam, which offers even more recreational opportunities, including fishing, motorized boating and swimming. There is approximately 20-30 acres of irrigable land in the valley floor, that was at one time in hay production, but is now used for livestock and big game grazing. The Ranch has 40% rights to the Ferrel Ditch and 100% rights to the Browner Canyon Ditch. Cool Water Ranch has a 1,155 SF farmhouse that has been the primary residence of the Seller since 1935 and has been updated through the years. There is also a hobby shop cabin, 5 short term rental cabins on the river and 14 RV rental spaces. The property is fenced and cross fenced and about 20-30 acres of the river bottom are irrigable. If two beautiful miles of the Pine River isn't enough, the property also boasts excellent mule deer, elk, turkey and black bear hunting. The Ranch is located in GMU's 75 751 and bull elk tags are available over the counter for the 2nd and 3rd rifle seasons, and available by drawing for the remaining seasons. Black Bear and Turkey tags are available over the counter as well. The Ranch qualifies for two applications in the land owner preference program for Mule Deer Buck vouchers. The Ranch borders tens of thousands of acres of public land, greatly expanding your hunting, hiking and horseback riding range. There are miles of 2-trac trails on the Ranch, providing you with not only good access to the Ranch but also giving you even more recreational opportunities for ATV's, horseback riding and hiking.