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Key Details
Sold Price $3,990,000
Property Type Single Family Home
Sub Type With Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $1,995
MLS Listing ID 783577
Sold Date 06/27/22
Style Cabin,Ranch
Bedrooms 3
Full Baths 2
Year Built 1999
Annual Tax Amount $1,847
Tax Year 2021
Lot Size 10025.000 Acres
Acres 10025.0
Property Sub-Type With Residence
Property Description
A generational family holding of +/-10,025 deeded acres plus an additional +/-25,056 additional leasehold acres, totaling +/- 35,081. This may be the trophy elk and working cattle ranch your investment advisor told you to find! Located about 20 minutes north of Grants, New Mexico, the Bear Spring Land, Elk & Cattle Ranch is in Big Game Unit 9, (Level Management 2, that qualifies for UNLIMITED elk tags annually, UNLIMITED landowner mule deer tags, and over the counter bear, lion and small game hunting). With stock markets unsure, potential tax increases, and over 93,000 more applicants for NM Big Game tags in 2021 over 2020, more and more savvy land investors are looking to secure solid land investments with income and an additional dividend of landowner elk and mule deer tags a bonus. In today's cattle grazing, the most cost effective cattle operations involve a combination of deeded holdings and leased holdings. Bear Spring Ranch carries BLM, State, National Forest and private land leases, with some free use land as well. The ranch has traditionally carried 200 head annually without supplemental feeding and up to 400 head with supplemental feeding. At a midrange +/-7000 ft. elevation, the ranch carries a mild four-season climate with resident deer and elk herd that increases with more and more game filling into the ranch as the winter snows start to fly. 2021 season is looking excellent as the owners have shipped out all of their remaining cattle so the ranch is in excellent turnkey shape and managed for the 2021 season. The two homes built on the headquarters property in 1999 are each 3 bedrooms/2baths and complimented by the historic cabin, recently remodeled, on the state land lease that makes for an excellent owners retreat, guest cabin or hunters lodge. There are shops, a barn, loafing sheds, tack barn, working pens with 20,000 lb. working scales, and the awesome US Military converted 6x6 into a water tank truck to carry water to the remote tanks (excellent for both the elk and the cattle). One's accountant will readily appreciate the miles upon miles of fencing and other depreciable assets. Note: There's an excellent, experienced ranch management/caretaker available should that be of interest to the buyer. With demand for big game tags never higher in history, and cattle prices at a very low point, and a dryer year, the timing has never been better to secure a working cattle ranch with incredible hunting and unlimited landowner tags. These holdings are getting more and more difficult to find, and harder to acquire. For more information and to schedule your qualified showing, call or email. Co brokers welcome.
Location
State NM
County Mckinley
Zoning Agriculture
Interior
Furnishings Unfurnished
Exterior
Utilities Available Electricity, Internet, Phone, Propane-Tank Owned
Roof Type Asphalt,Metal
Building
Sewer Septic, Septic Installed
Water Domestic Well, Well-Other
New Construction No
Schools
Elementary Schools Open Enrollment
Middle Schools Open Enrollment
High Schools Open Enrollment
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