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Photo by Allison Stewart Photography

Lake City 970-944-5050 South Fork 719-873-5050 Pagosa Springs 970-264-5051

The Changing World of Landowner Hunting Vouchers by Suzy Woodward

For more than 40 years, the Landowner Preference Program was set up to allocate a portion of big game hunting licenses for use by private landowners of at least 160 acres, giving them the opportunity to hunt on their own farms and ranches. In return, the program gave them incentive to provide and protect valuable habitat, thus resulting in higher populations of wildlife across the state. Statewide, 2% of elk licenses, 9% of deer licenses, and 11% of pronghorn antelope licenses are distributed to landowners in the form of vouchers. In response to increased criticism of the Landowner Preference Program, the Colorado Parks and Wildlife formed a committee made up of hunters, landowners, outfitters, and CPW representatives. The committee, after input, recommended changes to the current system and thus was born Senate Bill 13-188 which is the Landowner Preference/Voucher Reform bill. There are three main areas of change enacted by the bill: (1) information collection, (2) enforcement, and (3) program changes. In general, the changes will pertain to how many licenses should be allocated through the program and eligibility of the landowner applying for the licenses. The bill will result in more stringent verification of use by big game animals on the applying property. Smaller properties (160 to 640 acres) will have to have their eligibility verified by the local District Wildlife Manager prior to enrollment. In addition to these changes, the bill also prohibits the brokering of vouchers by allowing vouchers to be transferred only by the landowner or manager to the specific hunter, requires that all vouchers transferred to a hunter provide access to the entire property for which the voucher was issued, and authorizes Colorado Parks and Wildlife to disqualify any landowner or hunter who violates the program rules from participating in the program for up to 5 years. These requirements were previously in place but are now enforced by statute. People who own 160 acres may still be able to get the vouchers but the requirements for proving that it is crucial big game habitat have become more stringent. The new program will be fully implemented by July 1, 2014, however, existing properties will be grandfathered in until July 1, 2016 unless the property is transferred to a new owner other than an immediate family member.


Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

PRIVATE Fishing & Hunting Memberships

C e bolla Fishing C lub Powderhorn, CO

Photo by Joe Zimmerman Cebolla Club is a legend among the Colorado fishing communities with limited building and unlimited streams. Some call this portion of the Cebolla River “The Oasis,” and it becomes obvious why when entering the fishing club from the high bluffs and timbered ridges. The brilliant green of the river bottom shimmers against the high canyon walls and sage covered hillsides. Cebolla Club offers one of the best fishing values in the trout fishing region. With over 6 miles of differing habitat, you can fish nymphs in fast, tight canyons or drag streamers in meandering ox bows. Native brown trout and rainbows fill the stream for your fly-fishing delight. The unique location of this “Oasis” is conveniently located 40 minutes from Lake City and Gunnison, Colorado.

L a k e F o r k H u n t i n g & Fishing C lub L ake City, CO

The Lake Fork Hunting and Fishing Club is one of Colorado’s premier and historic shared ranch opportunities.   The ranch is a very private community and has 3 +/- miles of the famous Lake Fork of the Gunnison River, 9 fully stocked trout lakes, all within 1,350 +/- deeded acres which controls a great deal of access to over 10,000 +/- acres of public lands. In addition, the ranch is backed directly into the 62,250 +/- acres of the Powderhorn Wilderness Area.   This quality sporting ranch is located in Big Game Unit 66, one of Colorado’s exceptional limited license elk and mule deer hunting units, which manages for herd composition, sex ratios, age class and hunter success rates.


S ugar Creek R anch Gunnison, CO

Recreation at an affordable rate! This ranch is surrounded by public lands, located in the premier and limited Big Game Unit 67, and contains the confluence of two seasonal creeks, Sugar Creek and Willow Creek. • 160 +/- acres • Two seasonal creeks • 14 miles outside of Gunnison • 5 minutes from Blue Mesa Reservoir • Big Game Unit 67 • Surrounded by public lands


W illow Creek R anch Gunnison, CO

Seasonally lake front property on Blue Mesa Reservoir has gorgeous views, the seasonal Willow Creek running through, surrounded by public lands, and located in Big Game Unit 67. It is a perfect recreational ranch for those looking for year round access with close proximity to all the amenities Gunnison has to offer. • 100 +/- acres • Year-round access • Seasonal Willow Creek • Lake front when reservoir is at full capacity • Located in Big Game Unit 67 • Surrounded by public land • Power run to property



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

L ittle C imarron R anch Montrose, CO

The Little Cimarron River traverses the total length of this incredible 56 +/- acre ranch near Blue Mesa Reservoir. Boasting two private and secluded home sites, it is located just 22 miles east of Montrose on Highway 50. • • • • • •

56 +/- acres Year-round access Tremendous views Giant old-growth cottonwoods and pine Fishing on property Convenient to endless ATV trails, white water kayaking, and hiking


R oaring River R anch Del Norte, CO

Beautiful 23.49 +/- acres of Rio Grande River frontage with old growth Cottonwoods. Gold medal fishing, year round access, 30 minutes from Wolf Creek Ski area. 15 minutes from the Rio Grande Golf and Fishing Club. No covenants. • • • • •

23.49 +/- acres Year round access Gold medal fishing Conveniently located to Wolf Creek Ski Area and Rio Grande Golf and Fishing Club Lined with old growth cottonwoods



U ncompahg re Wilderness R anch L ake City, CO

End of the road property, surrounded by 137,000 +/- acres of BLM wilderness and wilderness study areas. • 93 +/- acres • Unsurpassed hunting for elk, deer, black bear, and mountain lion • Access to over 400,000 +/- acres of wilderness • Accessible year round by Jeep or snowmobile • Views of Wetterhorn Peak (14,015 ft) • Commercial grade timber (over $1,000,000 appraised value) • Surveyed and fenced


E nd of the Road R anch Powderhorn, CO

This home on 40 +/- acres could be the vacation home location of your dreams. The property has year round access and maintained roads as well as an absolutely lovely cabin featuring vaulted great room, custom kitchen, pine ceilings and rock fireplace. • • • • • • •

40 +/- acres 1,973 +/- sq. ft. home that has been remodeled and never lived in 4 bedrooms, 2 baths Backs into BLM land Accessible year round 22 miles from Lake City, 25 miles from Gunnison Located at the end of the road



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

Road R anch Del Norte, CO

A 356.37 +/- ranch perfectly suited for the horse lover or the gentleman cattle rancher. Located minutes from Wolf Creek Ski Area and the highly acclaimed Rio Grande Golf Club. • 356.73 +/- acres • Central between South Fork and Del Norte • Rio Grande gold medal fly-fishing close by • Giant views of San Juan and Sangre de Cristo Mountain Ranges • Water rights to be conveyed with ranch


E B R anch L ake City, CO

Wonderful 60 +/- acre ranch that borders public land with large home for friends and family! The 4 bedroom, 5.5 bath home features two living areas, large windows, nice deck and enclosed sun room, open kitchen and two master bedrooms on separate levels. The property also has two additional guest quarters and amazing views. In addition to all the living space, there are three horse shelters, a large tack room, and steel barn. • Sits on 60 +/- acres • 3,533 +/- sq. ft. home • Outbuildings including 3 horse shelters, tack room, and large steel barn • Located on the Hinsdale/ Gunnison county line



R iverhorse R anch South Fork , CO

An incredible 46 +/- acre parcel with 2,100 +/- feet of Rio Grande River frontage, this ranch is the perfect getaway, horse ranch, or anything you want it to be. Step out your back door and launch straight into gold medal water on the Rio Grande River from a private docking area, perfect for your Dory. • • • • • •

46 +/- acres 2,100 +/- feet of Rio Grande River frontage No covenants 2, 182 +/- sq. ft. caretaker’s home • 3 bedrooms • 3 baths Surrounded by lush green meadows Large barn; suited for horses, vehicles, or recreational equipment


Main R anch Del Norte, CO

Located in between the towns of South Fork and Del Norte is a rare large horse property. • • • • • • •

373.89 +/- acres Rio Grande River gold medal fly-fishing Access to thousands of acres of public lands for trail rides 30 minutes from Big Game Unit 76 Breathtaking views of San Juan and Sangre de Cristo Mountains Convenient to Wolf Creek Ski Area and Rio Grande Golf Club Water rights and pasture



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

E agle Nest R anch Creede, CO

Boasting breathtaking views of the Rio Grande River from the property, this 148.7 +/- acre ranch also boasts a nearly 4 +/- acre trout pond. • 148.7 +/- acres • Views of Rio Grande River, Bristol Head, and Eagle’s Nest • Resident herd of bighorn sheep, and frequented by elk • Hunting cabin with electricity, water, and septic • Potential to purchase additional contiguous acreage creating opportunity for application of landowner elk hunting tags in trophy game management unit 76 • Borders Forest Service


1031 Tax Free Exchanges by LaWana DeWees A tax free exchange is a method of selling a capital asset, like real estate, according to certain prescribed rules and procedures in such a manner that all or most of the capital gains taxes will be deferred to the future. It would be prudent to think of this in terms that the taxpayer is not selling their capital asset but reorganizing their investment portfolio. The IRS has classified all real estate for purposes of a 1031 exchange. Tax free exchanges are allowed by the IRS on property held for the productive use in trade or businesses and investment properties. Tax free exchanges are not allowed by the IRS on personal residences, second homes, (with the notable exception that the taxpayer would be allowed to purchase an investment home suitable for future occupancy as a retirement home and the taxpayer should wait more than three years for this qualification), time shares purchased for personal use and inventory properties. After a tax free exchange has been successfully completed, the taxpayer must wait before disposing of the replacement property. Always consult with an experienced CPA or attorney before selling the recently acquired 1031 replacement property. A 1990 rewrite on the IRS Section 1031 rules of like kind properties exchange now allows for a tax free exchange of any real estate for any real estate as long as it is property used in the productive use in trade or business or investment property. This change had a tremendous impact on 1031 exchanges. It is now legal to sell a residential investment and buy any other type of real estate, (mountain property, vacant land, and commercial sites). If you have concerns that a 1031 exchange would complicate a real estate closing, this is simply not true. Other than some paperwork and extra wording in the contract, the exchange should go rather smoothly. At Team Murphy, we are well versed in 1031 exchange practices. There are different options available to you that we include with our services. We can help you accomplish your 1031 exchange goals on a maximum of 3 separate properties per exchange with an equal value of the investment property you are selling and, yes, we can help you identify the property or properties in 45 days with a maximum 180 day closing. Contact us and let us guide you through the many exciting options available to you.


Upper Meadow R anch Poncha Springs, CO

Set right in the middle of incredible trophy elk and mule deer hunting country and bordered by Forest Service acreage in Unit 561, this 158.41 +/- acre ranch sits among rolling hills and snow-capped peaks. Adorned by two spring fed ponds that include water rights. • 158.41 +/- acres • Surrounded by Forest Service land in Unit 561 • Frequented by trophy elk and mule deer • 2 spring fed ponds, including water rights • Short drive to town • Framed with snow-capped peaks • Sub-irrigated meadows provide lush grass for cattle, horses or wildlife, as well as create stunning views in every direction



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

An Introduction to Water Rights in Southwest Colorado by Michael Murphy

In case you haven’t noticed, Colorado has some pretty high peaks. As a result, that places it at the very top of the water food chain as a great portion of the water that flows south and west originates in-state. All the water that flows through our rivers and creeks, or is held in our beautiful mountain lakes, is spoken for by someone. Unfortunately, that doesn’t always make it easy for a buyer to decipher water rights when viewing a property or contemplating a purchase unless you are equipped with the right documents, information, and questions. While in places such as Texas, water that flows across or is found below your property likely could be used to your heart’s content, in Colorado water law is based on “prior appropriation,” meaning the person who used it first has first access to the water, the second person who used it has second access, and so on. But not all water rights are created equal. Some are very straightforward, such as well rights, and others—like surface water—can be more complicated, even governed by multiple states. Our first piece of advice to anyone looking to purchase a ranch is to consult your water attorney. But what are some basic things to consider when just beginning to evaluate a ranch or large piece of property that has wells, creeks, rivers, or surface water? It’s best to break it down specific to the type of water being evaluated as each varies: Surface water rights—meaning water that flows on or just beneath the surface—can be quite valuable and even very straight forward—but some cases may be very complicated. As Southwest Colorado is subject to a couple of multi-state compacts, such as the Rio Grande Compact, your surface water could have to be shared not only with your neighbor, but also with New Mexico,Texas and Mexico. The best questions to ask when considering a property are ones directly related to goals you hope to achieve with the property. For instance, should you wish to build a trout pond, be certain the water rights allocated to the property enable you not only to do so, but also make such a goal sustainable over time. Well rights, or the right to put in a well, are very straight forward and simple to understand. There are three main types of well permits used in the western part of Colorado: commercial, domestic, or in-house use. 1. Commercial Well - A commercial well is just as the name states: if you have a high water use business, you are limited to the amount of water decreed with your permit. Of course, these decrees can vary greatly, anywhere from 16 gallons per minute to thousands of gallons per minute. You will want to confirm that the permit decreed will support your commercial intention for the property. 2. Domestic and Livestock Wells – These types of well permits are issued on tracts of land of 35 acres or more where: a) the proposed well will be the only well on the tract, b) on tracts of land of less than 35 acres in limited areas of the state where the surface drainage system is not “over-appropriated” or already beyond its maximum capacity or c) where the well will produce from a deeper source, thus having minimal impact on surface water rights. Depending under which provisions the well permit is issued, the well may be able to serve up to three standard domestic water wells. 3. Household Use Only Wells - These types of well permits are issued for ordinary household uses in one single family dwelling and do not allow for outside water or livestock watering. Generally, individuals may obtain this type of permit if they own a lot in a subdivision that was created prior to June 1, 1972, or if the parcel was created by an exemption to the subdivision laws by the local county planning authority. No two situations are the same in the case of water rights, so they truly are something to be evaluated very closely by a professional. As the driving force from which much of ranch can blossom, water rights details are exceedingly important. But once you have the details nailed down, you can actually begin to plan concretely for how you will utilize, enhance, or enjoy your ranch attributes.


Deer Ridge R anch Powderhorn, CO

This ranch is located on one of Colorado’s most famous mule deer and elk Big Game Units – 66 – and qualifies for land owner set aside licenses. It’s never occupied home features skinned beams, high ceilings, great hickory cabinets and hand scribed pine beams. • 200 +/- acres • Adjoins thousands of acres of BLM land • 2,600+/- sq. ft. home with skinned beams, high ceilings, and scribed pine walls • Two barns that are 40’x40’ +/- and 40’x140’ +/• Close proximity to world class fishing in Gunnison River, Blue Mesa Reservoir and Lake San Cristobal • Fantastic views of the La Garita Wilderness



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

Little Willow R anch Powderhorn, CO

Enjoy luxury living in a stunning remote mountain location with plenty of room to play! A beautifully constructed log home sits on 160 +/- acres complete with a private lake, surrounded by BLM and National Forest lands. The cabin’s well designed kitchen features a large range and island bar as well as the adjacent open dining and living areas. The lower level of the home is great for relaxing after a day of outdoor activities and has lots of extra sleeping space. On warm summer evenings, entertain on the spectacular wrap around parch, complete with stone grill and rotisserie. Seasonally accessible. • 160 +/- acres • Private lake • Completely surrounded by public lands • Located in Big Game Unit 66 • 1,450 +/- sq. ft. cabin • Seasonally accessible



P inos Creek R anch Del Norte, CO

Incredible horse ranch with large four bedroom, three bath home, horse barn with indoor stalls and large runs, doctoring chute, multiple equipment barns and out buildings, and huge shop with oversized entrances. Excellent ditch rights for irrigation from the Mallet and Poole Bachle ditches, three wells, and spring fed pond. Pinos Creek flows year round through the property. •

160 +/- acres, 100 +/- acres of which are irrigated • 4,900 +/- sq. ft. historic home; oversized garage • Water includes senior water rights from two ditches, 3 wells and spring fed pond • Large cement floored workshop with oversized doors • Horse barn with inside stalls, outside runs, and doctoring chute • Hay barn with paddock and feed bins attached • Qualifies for Unit 80 landowner mule deer tags • Produces approximately 250 tons of hay • Potential for professional or hobby horse setup, or Veterinarian business! • Home has finished walkout basement • Nine buildings including home, storage sheds, barns, workshops, and artist studio • Year round easy access • Short drive to thousands of acres of Forest Service • Healthy crop of alfalfa / native grass mixed hay • Popular home to wildlife



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

P owderhorn Guest R anch Powderhorn, CO

¼ +/- mile of exceptional fishing on Cebolla Creek, superior hunting in Units 66 & 67, a main lodge, and 3 bedroom main home—all currently operated as a guest ranch, but superbly laid out to be an ideal private fishing and hunting lodge or private retreat. • 41 +/- acres • .25 +/- miles of fishing on Cebolla Creek • 3 bedroom main home • Main lodge with log construction • 2 log staff cabins • 14 log guest cabins • Outdoor swimming pool and hot tub • Located in Big Game Units 66 and 67



E l k Po i n t R a n c h Bayfield, CO

With ten guest cabins, a lodge complete with owner’s apartment, on-site spa house, general store, and barns - all on 5.80 +/acres on the water’s edge of Vallecito Lake - Elk Point Lodge is the perfect location for a family reunion or corporate retreat. Located only 30 miles NE of Durango, Elk Point Lodge actually sits on a peninsula pointing to the mouth of the Pine River on one side and Lake Vallecito on the other. Unlimited activities await. Fish for anything from rainbow trout to kokanee salmon in Lake Vallecito, explore miles of cross country skiing and snowmobiling trails in neighboring San Juan National Forest, hunt for deer or elk, house horses in the lodge’s barns, or engage in one of the many water sports available during the warmer months. • 5.80 +/- acre on Vallecito Lake • Main lodge with owner’s apartment • 10 guest cabins • Spa house and general store • Multiple barns • Fishing and hunting



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

P owderhorn Mesa R anch Powderhorn, CO

Fabulous recreational family ranch. With a 1,340 +/- sq. ft. mountain cabin and 447 +/- acres that provide on site recreational activities such as fishing, hunting, kayaking, rock climbing, ATVing and more, this is the perfect secluded getaway for family and friends looking to escape traffic, stress, and crowds. • 447 +/- acres • 2 ponds, one stocked with trout • 3 wells; one for house and one for each pond • Mountain biking and hiking trails throughout property • Convenient to rivers for both fishing and white water kayaking • Nearby Blue Mesa Reservoir allows for great boating • Borders BLM land • 1,340 +/- sq. ft. cabin, 3 beds, 1 bath



Bighorn R anch Gunnison, CO

Own a piece of Colorado history! The breathtaking and secluded 160 +/acre Bighorn Ranch not only served as the backdrop for several scenes in John Wayne’s True Grit but is also the perfect fit for the avid outdoorsman. Surrounded by Curecanti National Recreation Area, Gunnison National Forest, and the West Elk Wilderness, this ranch sits only feet from Colorado’s largest body of water Blue Mesa Reservoir and its recreation opportunities and is located in Big Game Unit 55. • 160 +/- acres • Sits feet from Blue Mesa Reservoir with beautiful views • Fenced and cross fenced • Water rights from the historic Castle Rock Ditch • Located in Big Game Unit 55 • Surrounded by public lands • Extremely private location, seasonally accessible • Located two miles behind a locked Forest Service gate • Rustic cabin



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

P owderhorn Creek R anch Powderhorn, CO

Located in one of Colorado’s exceptional valleys, this 200 +/- acre ranch backs up to public lands and an additional 62,250 +/protected acres of Powderhorn Wilderness Area. The prime location, along with the frontier style house, oversized garage and guest quarters, full equestrian facilities, work shop, hay meadows and water rights all combine to make this a spectacular place to play as well as a quintessential western mountain ranch. • 200 +/- acres • Located in world famous Big Game Unit 66 • Main cabin, with 3 beds, 2 baths; oversized garage; guest quarters • Irrigated hay meadows • Water rights • Work shop • Full equestrian facilities • Backs into the 62,000 +/- protected acres of Powderhorn Wilderness Area.



B lue Spruce River R anch South Fork , CO

Amazing opportunity to own over 3/5 of a mile of gold medal trophy trout Rio Grande River Frontage with 88 +/- acres and a log sided home built in 1999, complete with wood floors and modern amenities. • 88 +/- acres • 1,650 +/- sq. ft. log home; 3 bedrooms, 1 3/4 baths • Back deck with oversized hot tub with views of Del Norte Peak and Agua Ramon • Resident herds of mule deer and elk • Located at the end of a quiet, private road • 3/5 mi +/- of Rio Grande River trophy trout fishing • Conveniently located to South Fork and Wolf Creek Ski Area • Recent price reduction • Close to Forest Service, golf course • Easily accessible • History of great income for nightly/ weekly rentals • Currently in ag status • Numerous additional prime building sites



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

Starlight Meadow R anch Powderhorn, CO

This exquisite 240 +/- ranch in the Powderhorn Valley boasts plateaus which afford panoramic views of the San Juan and West Elk ranges. Several hundred trophy class elk and mule deer roam the area, the back portion of the ranch adjoins a very private section of BLM land. • 240 +/- acres, 120 +/- irrigated • Powderhorn Creek running through • Small pond fed by a thermal spring • Water and water rights bring 10 +/- cfs of water • Large old growth pine and aspen groves • Very private section of BLM lands leads to 62,250 +/- acres of Powderhorn Wilderness Area on the northern fringe of the San Juan Mountains • Located at end of a county maintained, all-season road with no other public access off of County Road 30 in Gunnison County



C apitol City R anch L ake City, CO

Over 54 +/- acres in the historic town site of Capitol City, CO. Once hoped to be the capital of Colorado during the height of the gold and silver boom, this ranch is in one of the most pristine high-mountain valleys in all of Colorado. • 54 +/- acres • Nestled into thousands of acres of public land • Historic town site • Breathtaking high mountain and peak views • Public access to Henson Creek • Off-grid



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

Staley R anch Monte Vista, CO

Spectacular 395 +/- acre ranch ideal for a sportsman. With exceptional goose and duck hunting, Rio Grande River frontage, a number of streams off of the river, and ponds packed with pike, hunt and fish to your heart’s content on this beautiful stretch of land that has been conserved for generations to come. The ranch features water rights, a center pivot, lush natural grass hay production and lots of opportunity for grazing. • 395 +/- acres • Rio Grande River frontage • Natural grass hay production • Water rights • Center pivot

$ 1,950,000


H emmerling R anch Monte Vista, CO

A duck hunter’s dream ranch, this 585 +/acre ranch with stunning views of the Sangre de Cristo Mountains sees excellent duck and goose hunting as it is a major provider of resources during migration. The cottonwood lined stretch of the Rio Grande River flowing through the property adjoins the 1,000 +/acre Home Lake State Wildlife Area (SWA) and adjacent 1,100 +/- acre Rio Grande SWA. • 585 +/- acres • Excellent duck and goose hunting • Trophy trout fishing in Rio Grande River • Adjoins 1,000 +/- acres of Home Lake SWA and 1,100 +/- acres of Rio Grande SWA • Property under conservation easement

$ 2,400,000


Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

Lake San Cristobal Island L ake City, CO

The Island on Lake San Cristobal boasts a highly coveted home site which features unparalleled and unobstructed views of Colorado’s second largest natural lake. The 10.3 +/- acre island has its own boat dock with four spaces, a beautifully constructed boat house with storage space, and wonderful lake fishing spots. Enjoy views from the other smaller islands or from the lighted steel cable bridge that connects the three pieces of land. A well is in place and underground electric to the property has recently been added. All this beauty is only minutes from the town of Lake City and its amenities. Great stream fishing is located just a half mile from the island as is a multitude of outdoor recreation opportunities. • 10.3+/- acres • Boat house with storage • Boat dock with four slips • Steel cable bridge • Well in place • Underground electric • Beautiful home site



Muchas Truchas R anch L ake City, CO

4,000 +/- ft.of the Lake Fork of the Gunnison River on 39 +/- acres that complement an expertly designed and executed trout lake filled with line-breaking rainbows and brown trout. While an astounding fishing property, this ranch will also overwhelm you with its high alpine San Juan Mountain views and local recreational opportunities. • 39 +/- acres • 4,000 +/- ft. of Lake Fork of the Gunnison River • Expertly designed, stocked trout lake • Easy property access • 5 minutes to Lake San Cristobal; 15 minutes to downtown Lake City • Exceptional home sites • Existing water well and storage shed



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

B ristol Mountain R anch Creede, CO

Incredible opportunity to own 241 +/acres in the heart of elk country. The property includes a beautiful three story building, a 18,000 +/- square foot metal barn, and a three bedroom, two bath home. Five of the acres bordering the highway are currently zoned commercial. Over 1800 feet of private fishing in Clear Creek run through the property. The ranch borders public lands. This property currently qualifies for landowner hunting tags in Unit 76. • 241 +/- acres • Improvements: commercial building, 18,000+/- sq. ft. barn, and home • Over 1800 feet of Clear Creek cross the property • Borders Forest Service land • Qualifies for landowner tags • Located between Lake City and Creede • Accessible year round • Option to buy 10 +/- acres and all improvements for $1,250,000



C rooked Creek Creede, CO

This ranch is a must for your bucket list. The magnificent property of Crooked Creek overlooks the upper end of the Rio Grande Valley and the majority of this property has commanding views of the mountain known as Bristol Head. The higher elevation tracts also afford a select view of the headwaters of the Rio Grande River. The Continental Divide is at your back door and the tremendous mountain ranges top out at nearly 12,000 feet. Fresh mountain lakes and streams abound, providing an excellent habitat for all species of wildlife. With access to the Rio Grande Reservoir, as well as, miles and miles of BLM land just outside your door, this is a dream come true – especially for the outdoor enthusiast. There is much to do and enjoy while living and/or visiting your own private getaway at Crooked Creek. You owe it to yourself. You have earned the right! It’s time for you to enjoy one of the most special places on earth. Portions of this property were part of the Papoose Fire.

$ 2,750,000



PLACES TO VISIT • Creede - the nationally renowned Creede Repertory Theatre; 20 minutes away. • Freemon’s Store - Best burgers & ice cream in the state just minutes away. • Lake City - wonderful restaurants, shopping and near the stunning Lake San Cristobal; visit this charming and historic mining town; 30 minutes away.

SUMMER & FALL AREA ACTIVITIES • River rafting with your family to a

picnic on the Rio Grande • Camping by a lake or stream • Hiking out your back door • ATVing or Jeeping on the trails • Horseback Riding on a real dude ranch

The winter time is a magical experience at Crooked Creek • Snow skiing at Wolf Creek Ski Area • Snowshoeing out your front door • Cross country skiing • Snowmobiling in the high country

• South Fork - two wonderful rivers to float your Dory and participate in Gold Medal Fly Fishing; 40 minutes away.


Lake City 970-944-5050


South Fork 719-873-5050

Pagosa Springs 970-264-5051

P ronghorn R anch Del Norte, CO

Located southeast of Del Norte is a breathtaking ranch sitting on 1,740.78 +/- acres with abundant rock out-cropping and canyons. With spectacular views of the Sangre de Cristo mountain range, this ranch borders and includes an additional 640 +/- acre (a full section) state lease which becomes a total of over 2,380 +/- acres. • 1,740.78 +/- acres • Acres of rock out-croppings and historic canyons • Area home to trophy mule deer, elk, pronghorn antelope, fox, coyote and a plethora of seasonal and local birds • Local recreation includes hunting, fishing, backpacking, winter skiing, snowmobiling, hiking and camping • Convenient to Penitente Canyon • Large views of Sangre de Cristo mountain range • Bordering an additional 640 +/- acre state lease, which expands to over 2,380 +/- acres



P inos Family R anch Del Norte, CO

Lush grass production on this ranch that has been in the family for three generations. Three fingers of Pinos Creek meander through the property and cows graze in belly deep grass even in a drought year. Senior water rights from Pinos Creek drainage with ditches running throughout. There is also a 500 +/- acre BLM lease with an additional 500 +/- acre private lease that is included with the ranch that will support 62 AUM (21 days). • 179.4 +/- acres • Senior water rights from Pinos Creek • 2 bedroom, 1 bath home with 1,345 +/sq. ft. • Home recently remodeled • Numerous outbuildings • Qualified for landowner tags in Unit 79 • 500 +/- acre BLM lease • Additional 500 +/- acre private lease • Located between South Fork and Del Norte



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

V inta ge San Juan Treasure L ake City, CO

Privacy, water rights, and beautiful improvements are just a few things this magnificent 37 +/- acres has to offer. Cataract Creek and Cottonwood Creek intersect on the property creating not only a beautiful view but also a great place for trout fishing. The ranch also houses an impeccable 4,115 +/- sq. ft. brick home with remarkable details. • 37 +/- acres • 4,115 +/- sq. ft. brick home with imported Italian tile, marble floors, custom wood trim, custom kitchen, wine cellar, and in-floor heat • Uncompromising privacy • Trout fishery • Irrigated meadows • Surrounded by Gunnison National Forest • Frequented by elk, deer, moose and other local wildlife • Convenient to Cinnamon Pass, one of gateways to the Alpine Loop with incredible views • 15 +/- miles from the historic mining town of Lake City



Redwing R anch Powderhorn & Saguache, CO

Comprised of two different ranches, Redwing Ranch spans a total of 2,271 +/acres and is considered one of the premier ranches in the Southwest Colorado and a sportsman’s paradise. The Upper Ranch The upper ranch offers some of the best big game hunting with 2,124 +/- acres nestled into thousands of acres of public lands.With a 5 bedroom, 4 bath, off-grid lodge to welcome hunters at the end of the day, this ranch is designed to create the ideal Colorado hunting experience. Located in Unit 67, the ranch received landowner vouchers for elk and mule deer. • • • • • • •

2,214 +/- acres in Unit 67 Varied terrain including canyons, mesas, and forests Borders public lands Water rights Landowner vouchers for elk and mule deer 5 bed, 4 bath, off-grid lodge Seasonally accessible

The Lower Ranch Nestled in the Cebolla Valley is the 147 +/acres that forms the lower Redwing Ranch. A historic cattle operation, the ranch has numerous buildings including hay pens, loafing shed, and historic cabins. The ranch is also home to lush hay meadows and has Cebolla Creek coursing through it. Conveniently located on Highway 149 in Powderhorn, the lower ranch is accessible year round. • • • • •

147 +/- acres Cebolla Creek runs through the property Lush hay meadows Numerous outbuildings including hay pens and loafing shed Located on Highway 149 and accessible year round



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

I vord t R anch Powderhorn, CO

Ivordt Ranch is an end of the road, nearly 700 +/- acre sanctuary with close to 2 +/- miles of willow-lined, trout-filled creek cutting through lush irrigated hay meadows. 62,250 +/- acres of designated wilderness await you at your fence line, with well managed herds of mule deer and elk in legendary Big Game Unit 66. Tailor made for a serious fishery enhancement, with water rights, elevation, slope, water source and natural terrain. • 670 +/- acres • 2 +/- miles of Powderhorn Creek meandering throughout • Exceptional fishing • Noted to be some of the best mule deer and elk populations in the state of Colorado • Limited draw system controlling hunting pressure • Located halfway between Gunnison and Lake City • Unlimited winter, summer, and fall recreation • Adjacent to 62,250 +/- acres of the Powderhorn Wilderness Area • Nestled between huge rock canyons • Peppered with old growth spruce, ponderosa pines, quaking aspens



P aradise Creek R anch Few ranches anywhere offer more than Paradise Creek Ranch. Pristine, all encompassing ranch with unparalleled fishing access. • 1,110 +/- deeded acres • 3 +/- miles of live water • 1 +/- acre lake • 43 +/- cfs water rights • Ditch rights & springs • End of the road ranch • Nestled in 80,000 +/- public acres • Backed into 62,250 +/- acres of the Powderhorn Wilderness Area • Located in Premier Big Game Unit 66 comprising of 575,000 +/acres and 890 +/- square miles • Ranch is qualified for Colorado P&W landowner application hunting licenses Improvements include: • Country Home - 4,706 +/- sq. ft. 3 bedroom, 2 bath • Guest quarters - 1,050 +/- sq. ft. • Garage-oversized 3 car • Horse stables - 2,352 +/- sq. ft. • Equipment shed - 1,176 +/- sq. ft.



Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

P owderhorn, CO


Evaluating Future Value in Your Dream Ranch Property by Dan Murphy

Pristine mountain meadows, big views, shimmering aspens--all accented by bugling elk and streams full of healthy trout populations. These only begin to describe what most buyers are looking for in the ranch of their dreams. The reality is, once you establish your priorities in purchasing a ranch, finding the right ranch is just a step away. Not only that, but if you know the right questions to ask, you can make your purchase a great investment with future value to be enjoyed for generations to come. Not all ranches or ranch buyers are created equal; it is important to understand how to identify a great investment. Quite simply, the number one attribute you are looking to identify is opportunity, which can be found in characteristics ranging from hunting regulations to water to conservation. Start by evaluating public attributes that may be adjacent to the property. •

• •

Are there any protected wilderness areas or wilderness study areas directly neighboring the property? This is important as it can keep your property from seeing development, as well as increase the number of acres immediately accessible to you. Additionally, most western states’ wildlife populations frequent those types of public lands. What are the travel management plans in or on the neighboring public lands? If there is easy access, it will be accessed vastly more than public lands with limited public access points. If there are public lands, how is hunter density managed? A huge factor in enjoying your piece of paradise includes confirming that the lands are managed closely (i.e. that there will not be a sea of orange vests) and thus hunter opportunity and overall success for your heard health will increase exponentially.

While size might seem like a straight forward question or answer (more acres, more fun!), depending on the location and regulations in the area, a smaller, more affordable piece may be a better buy than a sprawling ranch. Things like limited access or a healthy herd composition could add tremendous value. But one thing you always want to ask is “How many acres and what type of criteria does a ranch property need in that particular area/state to qualify for land owner hunting opportunity?” As for water, most don’t realize that the bottom line is “it is much cheaper to build river than it is to buy it.” Stream enhancement is the number one improvement when it comes to created value and enjoyment. One can build additional footage of streams, create better fish habitat, stronger aesthetics and sportsman opportunity, all while adding overall sales value on a property. Qualifying factors to look for if your goal is stream enhancement include: • • • •

Water rights, water right priority and historic uses Seasonality to the water (how long does it stay wet?) Terrain: Does the meadow or stream basin allow for movement or addition of the stream? Inherent opportunity and proximity for enhancement materials (boulders, root wads, etc)

Last, but certainly not least, look for conservation opportunity. The country as a whole has seen increased opportunity for conservation easements to protect the lands and future uses on those lands. Of course, while these can be an exceptional tool in recouping values, an owner needs to be very aware of what goals a conservation easement is focused on. Conservation easements—if written right and with solid foresight—can be a very real asset. While overall pricing on recreation ranches has seen adjustment in the economies down turn, the reality is Class A type properties are still Class A type properties. The old saying “great properties sell at great prices” is true in either an up or a down market. Unlike many investments, key properties are a tangible asset and continue to have value no matter what the market is doing. If you ask the right questions and find the right property, you reduce your risk of the value ever decreasing, and increase your opportunity for enjoyment for years to come.


Lake City 970-944-5050

South Fork 719-873-5050

Pagosa Springs 970-264-5051

T h e Te a m Dan has spent a lifetime understanding rivers, river restoration, habitat enhancement, wildlife, and the issues they face. His dedication to understanding issues at the heart of western Colorado has been exemplified through his service in numerous arenas, including the Colorado Parks and Wildlife Big Game Allocation Program (BGLAP), the Colorado Wildlife Federation, the Colorado Outfitters Association, Sportsmen for Wildlife Conservation, Hinsdale County Planning Commission, as well as the Lake ForkValley Conservancy. For those searching for the ideal mountain property and ranch, Dan’s years of experience and expertise have proven a natural asset in the real estate market.

Growing up in Lake City and living a number of years in the South Fork area, Michael Murphy spent much of his time exploring the area stretching from Gunnison to Creede and into the San Luis Valley. Using his knowledge and in depth understanding of the area, he has developed a keen eye for characteristics that make a ranch special which has allowed him to be involved in the sale of some of the most pristine parcels of the Rio Grande River and some of the largest farms and ranches in the San Luis Valley. He is also constantly adding to his already extensive knowledge of Ag production and water rights. In addition to his Team Murphy responsibilities, Michael takes great pride in his work as a Lake City Town Trustee, and being the Chairman of the Hinsdale County/Lake City Marketing Committee.

Dan Murphy Broker/Owner 970-209-1514

Michael Murphy Broker Associate/Owner 719-849-1441

Suzy Woodward has been in the general real estate market for 18 years-- all of which have been spent in the mountains of south central Colorado. She specializes in the hunting and fishing aspect of ranch ownership, drawing from her extensive knowledge of wildlife management and of the hunting draw system in Colorado. Suzy received a bachelor’s degree in wildlife management and a master’s degree in wildlife science and has experience in livestock management. Suzy understands and promotes the landowner limited hunting voucher system in Colorado as well as knowledge of Ranching for Wildlife and Habitat Partnership programs that are currently in place through the Colorado Parks and Wildlife. She loves to help her clients buy and sell homes and vacant land as well as commercial properties in the South Fork and Creede areas. Suzy has been the top selling Realtor in the South Fork area for the last two years in a row.

LaWana DeWees relocated to Pagosa Springs with her husband from the Texas Hill Country in 1996. LaWana is the ultimate “birddog” when it comes to finding your dream property. She will not rest until finding a Colorado property that best fits your needs. She has a background in accounting and business management and has been active with her husband in developing real estate properties. Her vast knowledge of all necessary working relationships, financial structures, and tax benefits with regards to LLC’s, corporations, and conservation easements helps successfully get the deal done to the benefit of all involved. While she truly loves working with challenging, unique properties, she is also quite at home in the general real estate market. She is a valuable asset to the Team and knows the possibilities Colorado has to offer your real estate needs.

Suzy Woodward Broker Associate 719-850-5042

LaWana DeWees Broker Associate 970-749-6521


Experience the Difference

Team Murphy Offices Lake City Office

Pagosa Springs Office

South Fork Office

201 Gunnison Ave Lake City, CO 81235

1100 CR 200 Pagosa Springs, CO 81147

29919 W US Hwy 160 South Fork, CO 81154




All information provided is deemed reliable but is not guaranteed and should be independently verified. Team Murphy Realty LLC. and its affiliates makes no representation or warranties as to the accuracy, reliability, or completeness of the information, text, property boundaries, graphics links or other items contained in any Web Site, print, or otherwise linked to this publication.

Team Murphy Ranch Property Guide  
Team Murphy Ranch Property Guide  

Covering Southwest Colorado for Ranching properties, Farms, Recreational Properties, Fishing Properties.