See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

7010 N Highway 149, Lake City, CO, 81235

1beds
1baths
1,903sqft
$9,950,000
$5,229price/sqft
$56,089/moest. monthly cost
$2,243,560/yrincome needed

About This Home

Lake Fork River Ranch, a place where anglers gently wade as elk proclaim their autumntide serenade. This pristine mountain paradise offers direct river frontage and over 6 miles of world-class trout fishing- all just 10 minutes outside Lake City, Colorado! Beginning at 8,500 feet, the ranch climbs through lowland meadows and trout ponds to evergreen hillsides and aspen-covered creek bottoms. Across this 1,340' elevation gradient roam trophy class elk, deer and black bear. Accentuating the natural sporting capabilities of the property is direct access to remote public land and a membership in the Lake Fork Hunting and Fishing Club (which adds an additional 1,388 +/- accessible acres). Creature comforts are outstanding with two immaculate cabins and immeasurable amenities just minutes away. As a whole family retreat or simply a strong investment, there are few properties that can compete with the Lake Fork River Ranch! HuntingHunting potential on the Lake Fork River Ranch is immense. The ranch lies within a migration corridor that funnels elk and deer from the upper San Juans to low-lying wintering ground. Multiple drainages, alongside healthy stands of timber and ample feed, provide an ideal elk habitat. In addition to the deeded acreage, the adjoining 1,388 +/- acres of private land can be hunted through the ranch's membership in the Lake Fork Hunting and Fishing Club. Likewise, vast expanses of public land are accessible from both the main ranch and the high cabin. LicensesThe Lake Fork River Ranch is located in Colorado Game Unit 66. This prized unit is renowned for quality elk and mule deer and good draw statistics. In 2023, 71% of applicants (Colorado resident, 2 preference points) were successful in drawing a first rifle bull tag. Likewise, second rifle deer tags had a 100% success rate for Colorado residents with four preference points. Since the property is eligible for landowner vouchers, additional licenses are likely. Fishing“I'm planning to fish Lake Fork†is an idyllic utterance that perks the ear of anglers around the globe. A tributary of the Gunnison River, Lake Fork delivers clear mountain water from the San Juan's into Curicanti's Gold Medal fishery. Over a 67-mile course, the Lake Fork propagates one of western Colorado's best fishing experiences. A recent survey conducted by Colorado Parks and Wildlife found that downstream of the Lake Fork River Ranch, the river sported 31 trout (28 browns, 3 rainbows of 14†or greater length) for every surface acre. Density estimates for smaller fish (5†or greater length) place a brown trout every 7.2 linear foot and a rainbow trout every 15.0 linear foot. Boasting over 6 miles of direct river access fishing (4,100 linear feet of fee-simple river frontage, 2.7 miles of exclusive frontage through fishing club membership, remaining frontage through adjoining public land/fishing easements) and two stocked ponds, the Lake Fork River Ranch is a magnificent angling property. The private ponds, totaling 7.92 surface acres, yield mature brown trout on nearly every cast. Twelve additional ponds and 2.7 miles of exclusive fishing are accessible through the Hunting and Fishing Club which adjoins the ranch's southern boundary. LocalityThe Lake Fork River Ranch is located 5.8 miles (9 minutes) north of Lake City Colorado. Here, the gold-laden San Juan Mountains drew the attention of prospectors in the late 19th century. By 1874, the first permeant structure had been erected to service the local industry. Realization of mineral wealth brought rapid growth to the small smelting community and over 500 additional structures sprung up over the course of just a few years. By 1880, the bustling community included: four churches (First Baptist, Lake City Presbyterian, St James Episcopal, and St. Rose de Lima Catholic Church), a post office, newspaper, fire department, stagecoach, schoolhouse, fully functional Telegraph and even a red-light district. Economic turmoil in the 1890's and closure of the Gold Fleece Mine sounded an abrupt end to ore production. By the end of the Great Depression, the local mining industry had all but been erased. If gold and silver were worth thousands, then above ground resources are worth millions. As the mining industry waned, the natural beauty of the area brought sportsmen and sightseers from near and far. Rather than shipping the mountains piece by piece to the people, Lake City would bring people to the mountains. Lake Fork and San Cristobal (Colorado's second largest natural lake) became a fisherman's paradise and abundant elk, mule deer, bighorn sheep, bear, and wild turkey drew the eye of sportsmen. Backcountry mining roads soon formed a globally recognized backpacking and off-roading network. Jeep trails such as Engineer, Cinnamon, Imogene, Black Bear, and Corkscrew connect the iconic mountain towns of Lake City, Silverton, Ouray and Telluride. With the advent of a recreation-based economy came amenities and services that punch well-beyond the weight of most comparatively small towns. Boutique shopping, offroad adventure shops, guiding services, and fine dining replaced mills and smelting facilities. Lake City offers a spectacular getaway, a place where you can have the adventure of a lifetime, a good burger, and enjoy a carefully preserved Victorian town.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

--
Lake City Community SchoolGrades PK-125.2 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 1,903
  • Total interior livable area: 1,903 sqft

Property

Lot

  • Lot size: 1,065 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Landslide
Wildfire
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $50,312$603,744
Home Insurance *$2,606$31,272
Property Taxes $2,985$35,820
Electricity $186$2,232
Total$56,089$673,068
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,923,051/yr
40% on housing$1,682,670/yr
45% on housing$1,495,706/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$5,229This listing

vs Other Active Listings

Avg $/sqft

ZIP 81235$275
Hinsdale County$260

vs Homes Sold Last Month

Median $/sqft

ZIP 81235
Hinsdale County$309

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-02-07Listed for sale$9,950,000
2023-10-13Sold$5,700,000
2023-09-18Contingent$5,900,000
2023-08-17Listed for sale$5,900,000

For Sale by Agent

AgentJoseph Burns
BrokerageEagle Land Brokerage

Similar Homes