$8,500,000

Introducing Mad Mountain Ranch, a very rare opportunity on 213 acres just a short 6 miles from downtown Steamboat and this exceptional property offers over ½ mile of Elk River frontage and private water fishing. The views truly are spectacular in every direction. Bordering National Forest on 2 sides with a variety of terrain including meadow to heavy timber, you can meander through miles of maintained trails on foot, horseback or ATV. The entrance to the Hot Springs Trail, Forest Service Trail 1171, and the Mad Creek Trail Head are literally out your back door with access to thousands of acres of National Forest beyond. In addition to private fishing on the Elk, the property features a well-stocked, roughly 1.5 acre pond for easier fishing success and it’s a lovely place for picnics by the water. Hot Spring Creek makes its way through the property and several ditches boast excellent senior water rights dating back to 1904 which provide irrigation water and a plentiful supply to fill the pond. The 4 bedroom/4 bath home is air conditioned. Caretaker’s quarters offer a great option for an on-site property manager. The primary bedroom is an updated, newer addition with vaulted ceilings, spacious bath with dual vanities, jetted tub and walk-in shower, plus a large walk-in closet. The main living area boasts lots of newer windows with spectacular views and is surrounded by a huge patio with fire pit, a lovely place for festive outdoor gatherings or casual summer dining. The well has a 1000-gallon cistern and a 32 KW generator provides additional peace of mind. There is an older barn on the property with a workshop, and a 1600 sq. ft., heated equipment barn/shop to store all the recreational toys, tractors and gear. There are no covenants, so your options are endless. So, bring the horses and ride off into the National Forest, fish along your private stretch of the Elk River, groom cross country ski trails or even snow-mobile in your meadow.