Cross Mountain Ranch in northwest Colorado hits market for $100 million

With the recent sale of the 83,000-acre, fourteener-hosting Cielo Vista Ranch in the San Luis Valley, longtime landowners across Colorado are testing the market by listing their so-called legacy ranches for jaw-dropping prices.

A Vail Valley homesteading family’s 20,000-acre spread near Burns is for sale for $100 million. Cielo Vista listed for $105 million. Utah’s 13,000-acre Wasatch Peaks Ranch, which listed for $46 million, is under contract. And now the latest entry: The 224,050-acre Cross Mountain Ranch in northwest Colorado is hitting the market at $100 million.

“I don’t know what it is with this sudden interest. I can sit on these things for four years or more without any activity,” said Ken Mirr, whose Mirr Ranch Group sold Cielo Vista, is selling Wasatch Peaks and just listed Cross Mountain. “It seems like it’s all about having something that is compelling. Having a story that resonates with people is important.”

Spanning four counties with 56,050 deeded acres and 168,000 leased acres adjoining Forest Service, Bureau of Land Management and National Park Service land, Cross Mountain Ranch is one of the largest ranches in the country. The rural family compound of the late Ronald Boeddeker, the Southern California real estate tycoon renowned for luxury developments like Lake Las Vegas and Waikoloa Beach Resort in Hawaii, Cross Mountain remains a working cattle and sheep ranch. With more than 20 miles of riverfront along the Yampa, Little Snake and Williams Fork rivers, the ranch’s water rights and hay production can support 2,000 cows and 10,000 sheep.

The Boeddeker clan locked about 16,000 acres in a conservation easement in 2014. The deal, led by the Colorado Cattlemen’s Agricultural Land Trust, connected easements on neighboring ranches to permanently protect 250,000 acres of sage grouse habitat. Cross Mountain Ranch, near Dinosaur National Monument and the Yampa Valley Regional Airport, is part of an area that contains the largest concentration of sage grouse in Colorado. The ranch also hosts one of North America’s largest elk herds.

The ranch includes several homes, including an 11,000-square-foot, nine-bedroom log lodge and a hunting lodge. Mirr said the ranch’s senior water rights, recreational offerings and livestock operations make it “a strong investment opportunity.” But Mirr, a former public lands attorney who has worked toward land conservation all his career, is hoping the ranch draws a conservationist.

The unnamed buyer of Cielo Vista, which includes the 14,047-foot Culebra Peak and 18 13,000-foot peaks in the Sangre de Cristo range, plans to keep the ranch intact without new development, Mirr said. He’s looking for a similar buyer for Cross Mountain.