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$11,000,000
51870 RCR 129, Steamboat Springs, CO, 80487
3
Beds
4
Baths
The legendary Elk River cuts a ribbon through Three Waters Ranch and a lively, sight-fishing stream winds through the meadows. The mirror-still surface of a large, spring-fed lake reflects the peak of nearby Round Mountain. Together, the river, the stream and the lake give Three Waters Ranch its name and offer endless fishing adventures. Bordered by the Routt National Forest, the ranch encompasses 1,138+/- acres of pastoral landscape and abundant wildlife. Significant water rights dating back to the 1800's are used to irrigate lush hay meadows. One of the most beautiful Colorado ranches available today, Three Waters Ranch also features superb improvements, including a large indoor equestrian arena with first-class amenities for horses and riders. Meticulously maintained ranch management facilities support cattle and haying operations. The ranch also has two large, well-appointed houses - a 5,126-square-foot owner's home with a bell tower and three fireplaces, and a 4,000-square-foot
Offered By
Brian Smith, Hall and Hall Partners LLP
Property Details
Property Type
Land
Status
Closed
Bedrooms
3
Bathrooms (Full)
3
Property Sub Type
Agriculture
MLS #
SSS138869
Bathrooms (Half)
1
Year Built
1960
PARKING SPACES
2
Parking Features
Assigned,Asphalt,Attached,Garage,Two Spaces
Lot Features
Waterfront
Garage spaces
2
Other Structures
Barn(s), Covered Arena, Guest House, Other, Stable(s), Shed(s), Workshop
View
Lake, Mountain(s), Valley
CITY
Steamboat Springs
SUBDIVISION
No Defined Development
COUNTY
Routt
AREA
Elk River Area
STATE
CO
TAX AMOUNT
19655.0
HOA AMENITIES
Tennis Court(s)
LATEST UPDATE
2025-11-20T17:14:14.952Z
DAYS ON MARKET
256
PRICE CHANGE(S)
$12,000,000 Feb 12, 2024
Property Details
Property Type
Land
Status
Closed
Bedrooms
3
Bathrooms (Full)
3
Property Sub Type
Agriculture
MLS #
SSS138869
Bathrooms (Half)
1
New Properties On Market
104
39%
Increase In New Listings
Average Asking Price
$2,044,111
$376,040 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$915
$71 Increase In List Price/Sq. Ft.
Average Days On Market
6
17 Day
Decrease In Days On Market
Data as of Jun 03, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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Baths
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