Located only 5 miles from Steamboat Springs, the historic 1,114± acre Hogue Ranch features a compelling combination of water, location, and future potential. Known for its excellent private trout fishing, the ranch owns 1.5± miles of both sides of the Yampa River, plus another .85± mile of multiple side channels. The resulting amount of water gives the ranch one of the longest stretches of river in the Yampa Valley. It is also one of the best for angling, with a variety of riffles, pools, runs and confluences that consistently produce healthy trout. Senior water rights dating back to 1892 supply irrigated hay meadows, which are complemented by expansive alfalfa fields. The cottonwood-lined river corridor and production areas attract a variety of wildlife including waterfowl, raptors, elk and deer. Rising up on both sides of the river, the upper elevations of the ranch provide panoramic views of the valley, Steamboat Ski Area and surrounding mountains. The property currently benefits from multiple streams of revenue derived from the agricultural operation, leased commercial gravel pits, fishing lease, sporting clays, and ranges for shooting and golf. Existing improvements include three modest homes and associated agricultural buildings, storage sheds and barns. Exceptionally well-located, the ranch is only 5-10 minutes from all the amenities of Steamboat, and less than 20 minutes from the commercial airport. Owned and operated by the same family for more than 100 years, the Hogue Ranch has been designated by the state as a “Centennial Ranch.” It is a rarity to find an intact river ranch of this size that is so close to a major ski resort town, especially one that does not already have a conservation easement. Furthermore, the Hogue Ranch is situated at the western gateway to Steamboat Springs, along Highway 40, which connects Steamboat to the regional airport. Driving up the valley from the airport to town, the ranch is the last large undeveloped property before entering the developed areas around Steamboat. The Hogue Ranch is both an outstanding recreational ranch ready for immediate enjoyment, and an investment asset with multiple revenue sources and future opportunities ranging from various development scenarios to a landmark conservation easement.