If you could buy elk hunting land........

[txhunter581]

Tbd County Road 312, New Castle, CO 81647 | Zillow

Tbd County Road 312, New Castle CO, is a Vacant Land home that contains 672 sq ft and was built in 1959.It contains 2 bedrooms. The Rent Zestimate for this Vacant Land is $1,999/mo, which has increased by $1,999/mo in the last 30 days.

www.zillow.com

Truly a great elk hunting ranch that I have hunted. 1800+ acres. About as cheap as you will find a boni-fied elk hunting ranch

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[wind gypsy]

If I could buy elk hunting land..... I'd buy a bunch more tags/hunts instead.

 

[tdhanses]

I know of one but it’ll cost you $9million for 3600 acres.

While it sounds fun to own a large property the fact is unless you are there to manage it you’ll have trespassers, possibly crappy neighbors etc. I’d buy a small manageable property, put a cabin on it and hunt the public close by and invest the extra cash.

 

[miteybucs]

Definitely move to California...out of control property values, a near ban on guns, limited hunting and drastically reduced wildlife, traffic in a lot of the state and neighbors that are not welcoming.

Believe me, you'll thank me later

I told broker when we talked I would move out of country before California so dont bother with that state lol

 

[Marble]

I stand to inherit a fairly large amount of money eventually. Unsure on the exact amount. I myself plan on building my own wealth in the mean time and if the money was right and the property was correct, I would buy enough land to have a portion that limits the access of a drainage or mountain range and then hunt it within my family. Limiting access isn't a requirement, it would be a plus. More interested in having good access to a trail system. I mainly would take kids and teenagers who have not had the ability to experience hunting, pay for their hunters safety, buy them their own gun and get gear donated to have them outfitted. It would be a non profit foundation.

I'm involved in something like this already with Turkey hunting. It's a ton of fun. Lots of first time Turkey hunters that get hooked on hunting. Which is the point of all the work.

 

[hobbes]

I don't and likely never will have the cash to invest in elk hunting property, but I have opinions on it anyway.

First off, good luck in your search.

This may not be you, but many folks from the Midwest (where I originated from)and farther east have this idea of elk hunting property based off of what they know as hunting property back home. A person could buy the right 40 acre property around my previous home in IL and have opportunities at big whitetails yearly if managed correctly. As a result many have this idea of "elk hunting property" and since elk are bigger let's just bump up the property size.

It will be a rare 500 acres that will keep elk within it's borders, but I'm sure it exists. Maybe you are talking some hay fields that border a mountain range that elk feed in daily. It will also be a rare piece of property out west that has the attributes mentioned where you'll pick up 500 acres for 1 million. The property will have to have a constant water supply for the elk and water rights would be a bonus for you and any sort of improvements that you may consider. Just because water crosses your property in some fashion, doesn't mean you have any rights to use it (something most folks east of the eastern CO border are unfamiliar with). Water and water rights can be an incredibly valuable commodity including a permitted well. Those kind of beautiful properties aren't secrets and are often sought after by folks with more cash than they know how to get rid of (maybe you're in that group) and they rarely are interested in hunting.

I hope you find what you are looking for, but I think you'll need to bump both acreage and cash up for it to truly be an elk hunting property. I don't recall all of your choices, but I think that price range will be difficult at best in CO. I don't really think you'll have much luck in MT either.

 

[Doc Holliday]

Could buy a lot of guided hunts and cool adventures and not be tied to and worried about a piece of ground in another state

^^ This is great advice

 

[wildwilderness]

Lot's of overhead maintaining a $1mm plus property, not counting taxes etc. Would have to run it like a business to hopefully break even, other wise it's a money pit- which can work if you are wealthy and need to create some tax write offs. I have hunted most of the states you mentioned and haven't seen elk stay on any private exclusively. You would need to be looking at thousands of acres... Your best deals will be in "ugly" country with elk- sage flats, pinyon/juniper country, no views.

As mentioned $6-$12k yearly can get you into all the good elk hunting you can handle, DIY or fully guided...

 

[Fullfan]

You had better be investing wisely, and have lots of cash flow..

 

[LostArra]

OP asked "if you could" where would you buy, not if anyone thought it was a good idea. I'm sure he understands the costs involved with recreational land.

I vote Wyoming because I'm familiar with the state for hunting and I like the people there.

 

[BigAl!]

$1M in a decent investment earning even 3%. = $30,000/ year. 4-5 guys could go on some great hunts every year for that amount of money.

But I understand the urge. I recently bought a cabin in colorado after dreaming about it for 20 years.

That said $1M is not really in the ballpark for most good hunting properties.

What he said! But I also get wanting a piece of property. One day I'll have one too. Good thread and discussion.

 

[deerkiller]

Not sure on your budget, but seems in CO, that could easily push $1M. The ultra wealthy have driven up properties. I could put you in contact with a realtor in Moffat County. Great elk, deer, and antelope hunting.

I looked into buying a cabin on 35 acres a few years back. At the time I couldn’t figure out how to rent it out when not in use to make the numbers work. With new things like AirBNB, maybe you can figure out how to monetize the property when not in use.

One of the best hunting properties I’ve seen is listed around $8M.


Sent from my iPhone using Tapatalk

the "ultra wealthy" have discovered these for the most part due to the greed and unscrupulous ways of REALTORS

 

[Newtosavage]

I suppose you could buy some pasture in a valley next to irrigated alfalfa. But what I'd do is buy a small tract that gives me access deep into public land that I could otherwise not reach.

 

[Moneyball]

A person willing to invest in that kind of property will likely have enough income to also buy tags in other locations if they want. They have the funds to buy the property and very likely have additional investments. Those with multimillion dollar “hunting tracts” usually aren’t too worried about the light bill and overhead costs associated. If I was buying it would be in Montana...

 

[merickson04]

I'm going Montana all the way!