Teton River Confluence Ranch

Teton Valley, ID – 723 Acres – $4,900,000

This 723-acre ranch is comprised of a peninsula of land bordered by Badger Creek, Bitch Creek and the Teton River, three of the finest cutthroat trout fisheries in the West. Teton River Confluence Ranch is located in the tightly-held north end of Teton Valley, Idaho, 20 minutes north of Driggs. The setting is breathtaking with rolling topography, big Teton Range views and the wild river canyons. Currently in its seventh year of a Conservation Reserve Program, the ranch provides the owner with income and the wildlife with protection. The wildlife species benefiting the most from the current ranch use are sharp-tailed grouse, Hungarian partridge and mule deer. “Huns” and “sharpies” are both present in huntable numbers and provide great recreation for the wingshooter. The Teton River Confluence Ranch possesses the combination of great fishing, hunting, big views and farm income all while being close to one of the most desirable small towns in the West.

Live Water Properties Broker Craig Janssen was featured in Distinctly Montana’s Ranch Realtor Roundup: A DM Roundtable interview.

Ranch Realtor Roundup A DM Roundtable

Yee-hah! Ranch sales are on the giddy-up again this year. Who is buying, why they’re buying, and is there an end in sight?

So what does the ranch market look like to you this year? Is it different from 2013?

Craig Janssen We are excited to see increases in buyer activity in all price ranges. Over the past few years we have seen good activity in the largest sized and consequently highest total priced properties. In the past six to nine months we are finally seeing buyers interested in smaller acreage deals and subsequently smaller price points.

What does the demand for “working” ranches and recreational ranches look like?

Janssen Very strong cattle prices along with demand from ag producers who sold in the Bakken area in ND are keeping working ranches in high demand. High quality recreational properties that are well priced are seeing strong activity, but places that are overpriced or lesser quality are not receiving much attention.

There are the buyers coming from? Are they from the U.S., or are you seeing more foreign buyers?

Janssen The majority of our buyers are from the U.S., but we are consistently seeing more interest from overseas. Wealthy foreigners see real estate in the U.S. as a safe investment and are attracted to the stability of the tax code and the state economies of mid-western and the mountain west states.

What would you say are the key elements buyers now look for in a ranch property?

Janssen Quality fishing, hunting, location, privacy, easy access, income, great views.

What does the presence of surface water on a ranch do to its value?

Janssen Great trout water certainly increases the price per acre, often causing it to double, triple or more. Typically any water feature will increase value significantly.

Do you see any impact of climate change on ranch sales?

Janssen It may be adding to the value of irrigated farm land because producers see value in more consistent and predictable production. Drought leading to poorer production in other parts of the world could be helping our land values but that is hard to quantify.

As a ranch realtor, what are the three most important things you believe a ranch buyer should be considering before buying?

Janssen #1, Narrow your search by price, area, size, and property use. #2, Build relationships that help to understand value, i.e. broker, appraiser. #3, Build relationships that help to enjoy and get maximum benefit from the ranch, i.e. habitat and stream consultants, farm and ranch managers, area conservation groups, and an accountant experienced with all the benefits of ranch ownership.

Where do you see the market for Montana ranch sales headed over the next three-five years?

Janssen At Live Water we are optimistic and confident that the ranch market will continue to steadily improve over the next three to five years. While we do not expect large appreciation, we do expect healthy growth.

To read more about this interview click here. Distinctly Montana’s 2014 Summer issue in also available as a digital issue at distinctlymontana.com.

Dolores Canyon Lodge and Ranch – Pleasant View, Colorado

Offering Price is $1.425M, Reduced from $1.575M

This Colorado Fly Fishing Ranch is a one-of-a-kind property located within the Lone Dome Recreation Area in Southwest Colorado. Comprised of 12.8 acres, this ranch includes a 3,334 sqft custom-built lodge, cozy guest cabin, equestrian facilities, direct access to public lands and world-class dry fly fishing steps away from the front door. Only 30 minutes to the town of Dolores and 40 minutes to the city of Cortez, this “off the grid” ranch is an outdoor enthusiast’s paradise, providing tremendous fly fishing, hunting and horseback riding.

Coyote Creek Ranch – Grant, Montana

Price Reduced! Nestled at the base of the Pioneer Mountains in the Horse Prairie Valley of southwest Montana in Beaverhead County is the Coyote Creek Ranch. This Montana Cattle Ranch for Sale is comprised of 2,804+/- deeded acres with 2 miles of Coyote Creek, a mountain stream fishery with excellent brook trout fishing. Improvements include a 3,190 sqft log home overlooking a stocked trout pond, a second guesthouse or manager’s residence and horse facilities including a barn and corrals. This premier Montana ranch for sale is diversely-suited for a year-round or seasonal residence, corporate retreat, cattle or horse ranch or guest ranch facility. Offering Price is $3.8M, Reduced from $4.2M

Prickly Pear Mountain Ranch- Canyon Creek , Montana

Situated in the Little Prickly Pear Valley, 22 miles northwest of Helena, Montana, is the Prickly Pear Mountain Ranch. The ranch is comprised of 1,338 deeded acres with Little Prickly Pear Creek providing onsite fishing opportunities for rainbow, brook and brown trout. Improvements include the custom 4-bedroom main home and “Herb’s House,” a 4-bedroom guesthouse. Prickly Pear Mountain Ranch is an ideal choice for a family or corporate retreat. Offering Price is $3.75M, Reduced from $3.95M

Recently Sold Ranch

Grand Vista – Jackson, WY – 248.31 Acres – $25,000,000

Grand Vista is truly a rare offering due to its size and location. The land is essential to the Jackson Hole Valley, not only because of the scenic beauty and historic value, but because of its importance to wildlife habitat. The views across Spring Gulch at the majestic Teton Range are second to none. Due to protection via conservation easements on adjacent lands, this view will be preserved in perpetuity. Very little of this precious privately-owned land remains today in the Jackson Hole Ecosystem. This legacy offering is priced below comparable sales data creating a true once in a lifetime opportunity.

Recently Sold Fly Fishing Ranch

The Carney Ranch -Cora, WY – 5,501 Acres – $20,500,000

The legacy Carney Ranch is located in the scenic, tightly-held Upper Green River valley in northwestern Wyoming. Nestled between the iconic Wind River, Gros Ventre, and Wyoming mountain ranges, this scenic property is home to classic western vistas. Rocky Mountain views are abundant, with the panoramic vista of the “Three Sisters” front and center. Comprised of 5,501 varied acres, this legacy ranch is surrounded by the iconic Wind River, Gros Ventre, and Wyoming mountain ranges. Bisected by 7 miles of both sides and 1 ½ miles of one side of the famed upper Green River, the Carney Ranch teems with ample wildlife. With over 3 ½ miles of public land boundary, this ranch also provides access to countless pristine acres.