$67,750,000 • 2,024 acres
Homewood Ranch embodies rarity and the inability to be replicated. It is an understatement to express what an incredibly rare opportunity it is when a property like this is presented to the market. This ranch has been owned, managed, and operated by the same family since 1949, when Telluride was undeveloped and largely undiscovered, contrasted today by transforming itself into an exceedingly sought-after world-class destination.
The land is pristine and it offers something that is hard to put into words or artfully express in writing. When standing upon this property and taking in the truly commanding and all-encompassing views, perhaps rivaling nearly anywhere else on Earth; there is a subtle stirring of emotion that starts to occur as one starts to embrace and understand what this property truly has to offer. An investment in a land asset class is significant for many reasons and as any seasoned, discerning, and savvy investor knows, there must be criteria that has to be met. Some of the most important are of course; location, proximity, accessibility, privacy, exit strategies, physical features of the land, and perhaps most importantly is the inability to be replicated. Homewood Ranch is unequivocally the last and largest single piece of deeded land as close to Telluride as there will ever be.
Located at the end of a year-round county-maintained road, the property is a diverse combination of varying topography, ranging from gently rolling open pastures traversing into numerous knolls and hills, punctuated by a large mesa, known as Diamond Hill, which is the highest point on the property. The land is comprised of a combination of native grasslands, seasonal drainages, and interspersed pockets of heavy timber, while presenting views simultaneously in all directions. The pockets of timber are predominately northern facing, while the native grass lands are exposed to the sunshine on southern facing slopes. Migratory wildlife populations have been sheltered by meticulous stewardship practices and management by the owners, while the land has served as a safe haven for over 50 years.
This property presents so many multi-dimensional opportunities, it is currently not encumbered by a conservation easement, offers possible development potential, long-term investment, inflationary hedge, the opportunity to build to suit, multi-generational, family safety, emotional well-being, and virtually unlimited recreational considerations on and off the ranch. In summary, the Homewood Ranch is like a piece of fine art, collectible, intrinsic, distinct, and a smart investment.
~2,024± deeded acres
~Accessed from year round maintained Silver Pick Road and County Road 60 M
~16± miles to Telluride Regional Airport
~17.5± miles to Telluride
~Less than 20 miles to Mountain Village and Telluride Ski Resort
~Less than 30 minutes from downtown Telluride
~Panoramic, world-class views in every direction including Gray Head, Last Dollar Mountain, Whipple, Ruffner, Mears, Campbell, Dallas, Sneffels, Fowler, Wilson, Sunshine, Mount Wilson, and Lizard Head to name a few
~Views also include Mountain Village, Telluride, Telluride Ski Resort, and Telluride Airport from nearly anywhere on the ranch
~20 to 25 percent of the land is heavy northern facing timber, while the balance is open range and pasture land
~2,091± square feet, two-bed, two-bathroom cabin built in 1971
~2022 property taxes were $2,280.08
~Migratory population of elk, mule deer, bear, and a variety of small game and bird species
~Elevation ranges from 9,000 to 10,080 feet
~Adjacent to BLM and in proximity to the national forest and Lizard Head Wilderness Area
~San Miguel River is in close proximity to the property, off the northern boundary and on adjacent BLM land
~San Miguel County zoning is rangeland/grazing
~Located in Game Management Unit 70
~Average annual snowfall: 217 inches
~Average annual precipitation: 33.5 inches
~No conservation easement