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For reference, a 2500 acre parcel that I used to hunt in NW CO, which was BLM and then became private during a land trade, recently sold for $4.6M. It has two very small cabins, a small stream with so-so fishing, and is inaccessible except by snowmobile for 6 months out of the year. It has very good hunting during archery and the first two rifle seasons. But the only thing it is really good for is elk hunting for a few people each season.

I know a Bowsiter who specializes in brokering hunting properties in CO. He is a serious hunter and knows his stuff. PM me with your email and I'll hook you up.

I live in Grand Junction and have hunted 31. If you want you can contact me to get my opinion on that specific piece.

What is your goal? Land without a caretaker? Retire there? Turn into a revenue source from crops or livestock or hunters or campers or timber sales, etc?

If you will live there are you are anywhere near 50 then consider distance to a good medical center for checkups and if something goes wrong. Will family fly out to visit? Being near an airport they would use is a benefit.

The above considerations may narrow your geographic search and then I would find a buyer's agent who lives in that area (raised there would be ideal) that deals in the size of transaction you are considering and let them do the footwork.

Use a lawyer obviously in a transaction of this size.

Buy a great piece of vacation property.... Somewhere.......and do an elk trip every year....guided or DIY and save yourself a bunch of money and frustration..

Good luck and keep us posted,

Mark

see link

I sure wouldn't pay $1,500,000 to shoot elk in a hay field every year. I like to actually hunt elk not just shoot elk.

WAUSAU, Wis. (WSAU) – A Wausau man who was drunk and texting on his cell phone when he crashed into a State Patrol squad car this fall has pled guilty to his fourth drunken driving offense.

Chad Kopchinski had faced several other charges, including being a felon in possession of a firearm. But prosecutors agreed to dismiss those charges as part of a plea agreement.

The 37-year-old Kopchinski will be sentenced next week. He may be eligible for Marathon County's OWI court, where a judge will track his progress and could amend the charges if he meets certain conditions.

According to court documents, Kopchinski rear-ended Trooper Rick Graveen's squad car at a stoplight on Bridge Street October 27th. Police found empty beer cans and an uncased rifle in the car with a bullet nearby that looked as if it had just been ejected from the gun's chamber. Police also found an uncased bow and arrows in the back seat of the car.

Kopchinski had a blood alcohol level of 0.132, according to a preliminary breath test. The legal limit of intoxication in Wisconsin is 0.08. But Kopchinski is not supposed to have a blood alcohol level higher than 0.04 because of prior convictions.

I did a search a couple of years ago for a guy who wanted to buy a elk hunting ranch and did not want to hunt in a hayfield. I could not find one for under 4 mil and that was about 5 years ago, so prob more than that now.

Even at 2.5% interest, 1.5 mil would bring in $37,500/year. More than enough for 2-3 guys to hunt on a great private ranch hunt. I pretty much made the conclusion that buying enough acres to actually "hunt" for elk on that property is not very practical in this day and age unless you want to sit on a field.

Of course, just because he wants to buy a ranch for that amount, doesn't mean he has that much, just enough to make the payments.

Best of luck!

I find myself amused when someone asks about buying land, and they get the suggestion to "just go on a lot of out of state hunts instead". I always wonder if they run the rest of their life that way too. What's right for one isn't necessarily right for someone else, some rent a place to live, some buy. Some lease a car or truck, some buy. Some take a fixed rate mortgage, some a variable. When you own You can buy something at today's prices, and sell it at the prices of the future. When you rent, you always pay the going market rate.

The way I look at it, the land I own is mine to do with as I wish. Hunt, improve, divide, build on, pass on to my kids, sell.

The feeling and satisfaction of owning means something to me, and the appreciation and possibility of making a substantial profit is always nice as well.

Good luck Koppa, the search is often a lot of fun. Please keep us posted on what you find, and what you end up doing.

the quality hunting areas are now almost all once in a lifetime propositions.

i have lived in colorado since 1987, if it were not for work, i would have left 4 or 5 years ago. north to idaho or montana is where i would go.

What I won't be doing, is trying to buy property to hunt elk on.

What I will be doing, is buying a place that gives me access to a few drainages that the public has either no access to, or requires a long horseback ride to get to.

Those places in CO cost 3-20 times what they cost in NM, WY, ID, and MT.

It is interesting. I don't know about CO specifically.... but owning the right property in the right place in many states gets you tags. Many times tags you can use or resell as you wish over the whole unit. Every year. Interesting.... but for me just a flight of fantasy and pause to indulge in "what ifs"....

You might want to consult with the Nigerian Generals that are ponying up the cash first though... =D

I heard Trump is shooting a flag all the way to Mars to claim ownership and build a golf course... What a visionary.

I think I have posted 4 or 5 times in the thread with very valuable info about about Colorado and real estate, and the Grand Puhba of thread monitor Nazi's, Charlie, seems to keep deleting me.

To quote my pastor - You have to have truth, coupled with Grace.

The truth is Charlie is recommending a broker, who is not a bowsite sponsor. Yet, If I come on here, offer information as a seasoned professional and lawfully disclose I am broker, I get deleted because by his arbitrary definition thats "advertising".

My real estate attorney likes to say, if it smells like fish, its probably fish. He'd also say the fact pattern here tells a story, read between the lines.

I couldn't defend myself last night because I was testifying of behalf of hunters in the center of Colorado's anti-hunter universe before the Boulder County Parks and Open Space Board. They have a resident, non migratory herd of 230 plus elk that is destroying one of their three most prized Bio-diverse ecosystems - Rabbit Mountain. The CPW has spent $215,000 of sportsman dollars on game damage by these elk. That's sportsmen dollars that could be used for research, habitat improvements or hunter access but wasn't because Boulder county doesn't allow any hunting. I wouldn't be surprised if Boulder county is the largest landowner in Boulder county, and I have heard they have a 20 million dollar annual budget to buy land that hunters don't get to hunt.

The board brought in Rocky Mountain National Park to talk about what a success they have had with night time sharp shooter culling of elk, and fencing to restore their biodiversity. The discussion included how Boulder county could consider elk contraception, engaging a massive volunteer army to haze elk, building giant fences around the corn fields the elk raid, using game warden sharp shooters to cull elk, and YES - introducing wolves onto the 5,000 acre parcel to cull elk.

I'm not the enemy guys, and I'm not harming bowsite by disclosing I am broker, and answering direct questions from the OP.

I consider you guys as my brothers, you have my Grace and personal efforts so we can all hunt. If you care to delete this post, I won't hold it against you but just find it odd and a double standard that others can post an add from Hall and Hall, we can get a recommendation for someone else, but if I say anything that's an unacceptable violation.

Think about it, and Thanks for hearing me out.

I have lived in CO in the mountains for a long time now and am seriously considering Wyoming, Montana, Idaho or even Alaska as an option. When I bought my current house last year, I was looking around and found an awesome place in Wyoming for about the same price. Near some great trout fishing with 400 acres, shop, barns, and house 2x the size of this one. The land included irrigated fields and bordered BLM, State and USFS lands. There were deer and antelope on the property and probably some elk wandering through at certain times of the year. Hoping this house goes up in value so I can sell it and leave...

Wyoming is hurting for jobs right now and it would be a great time to find deals on property up there. As a Wyoming resident, you can get general tags for deer and elk every year and have better odds on drawing tags. Set up in the right place and you can hop over to other states for lots of great hunting and fishing.

Above you stated "Charlie is recommending a broker who is not a Bowsite Sponsor" I have attached the link to Blayne St. James Website. His handle is "TheSaint" Blayne has negotiated sponsorship with Pat to be the "exclusive" Real Estate Broker on Bowsite for the State of Colorado.

We protect our Sponsors from non-sponsors solicitation as they enable us to support Bowsite. If you guys are interested in Colorado Real Estate send Blayne an email. Owning Real Estate is very cool! C

Koppa3003: Sorry your thread got derailed. Good Luck! C

I meant no offense, its just the oversight seems excessive, overbearing and controlling. Forgive me if I was out of line.

Water rights can be as valuable as the land. The City of Thornton bought up more than 100 irrigated ranches in NoCo specifically for the water rights. Now they are building a huge pipeline down to Denver, called the "Big Straw", to suck our water down there for lawns and golf courses, and they will dry up the ranches. Those ranches will be worth way less than before, practically worthless.

My fishing lake may become a dry lakebed for part of the year, because the irrigation company that owns the water is part of the Big Suck".

So definitely do your homework.

I literally just got back home from previewing a couple ranches in NW CO. As others have already stated, the trophy elk potential typically is somewhat lacking in this region but the densities are excellent. There are lots of options out there with some areas having more invest potential than others. I'll shoot you a PM after this post. I spend countless hrs driving and checking places out and can definitely help you out.

My company (St. James Sporting Properties) primarily specializes in marketing/selling recreational hunting and fishing properties. We'll start ramping up advertising here on Bowsite in the next couple weeks. Posting pics, links, content etc. Right now I'm about to crash....long couple days on the road! Plus fingers can't type very fast on my iPad :)

Terry

Koppa3003, another thing to take into consideration in various parts of CO is the winter. Still getting snowed on here in NW CO. Some green-up starting out there, but it is a long cold winter in this part of the state. I lived in Leadville for many years and, even though it is at 10,000', I think the winters are worse here at 7,000' than up there. Colder and more snow. Has to do with the aspect of the mountains and how the weather hits. The mud season here in NW CO lasts FOREVER! In the rockier country in Central CO, there is not much of this mess.

Still would take a hard look at WY. Better elk hunting on a General tag that you can get every year than in all but the best units of CO. There are areas in WY that are pretty special and the prices are certainly better.