Grand Canyon Lands Withdrawn from New Claims

Secretary of the Interior Ken Salazar announced his decision to protect more than 1 million acres of federal lands surrounding the Grand Canyon and its vital watershed from additional uranium and other hardrock mining for the next 20 years. The Public Land Order to withdraw this acreage for 20 years from new mining claims and sites under the 1872 Mining Law is authorized by the Federal Land Policy and Management Act.

The withdrawn area includes 355,874 acres of U.S. Forest Service land on the Kaibab National Forest; 626,678 acres of Bureau of Land Management lands; and 23,993 acres of split estate—where surface lands are held by other owners while subsurface minerals are owned by the federal government.

Read the Interior Department press release here.

Land Report Top 10: Rockpile Ranch

Situated along the scenic loop in the Davis Mountains in West Texas lies Rockpile Ranch, which was named for the massive geologic formations located at the entrance of the ranch.

Comprised of 55,374 acres, this historic ranching operation represents some of the best cow/calf range in the West Texas cow-country. This ranch features some of the most spectacular scenery in West Texas, ranging from rugged interior mountain crags and slopes to expansive rolling grasslands between picturesque high peaks within Rockpile’s boundaries. There is also a very large, spring-fed canyon that nurtures some of the most remarkable old-growth wild black cherry and rare Texas madrone groves in Texas on this ranch.

The mature pine, alligator juniper, and large native oak woodlands on this property create an exceptional habitat for wildlife, including a diverse resident bird population and several migratory bird species during the spring and fall seasons. The dense grasslands provide excellent habitat for an extensive wildlife population, from Texas mule deer, pronghorn and white tail deer to hogs, grey fox and javelin.

Available for only the third time in over a century, this historic ranch is listed with King Land and Water. For more information, contact James King at (432) 426-2024 or via email at james@kinglandwater.com.

Click here to see the full list of Land Report’s Top Ten priciest properties.

The Land Report Winter 2011

As everyone knows, T. Boone Pickens has had an immeasurable impact on the way America does business. From his pioneering role as a shareholders’ rights advocate to his legendary renown in the energy industry, Pickens always has a plan.

Readers of the current issue of The Land Report will learn how the Oklahoma native has applied this same goal-oriented approach to revitalizing his beloved Mesa Vista Ranch. It wasn’t too long ago that the 68,000 acres he currently owns in the Texas Panhandle was essentially overgrazed cattle country. But with keen foresight and plenty of stewardship, he was able to nurture and develop a quail hunting property that is without peer nationwide.

Enjoy this issue’s cover story: a tour of the Mesa Vista Ranch featuring text by Ray Sasser as well as breathtaking photography by the State Photographer of Texas, Wyman Meinzer.

In addition to this Land Report exclusive, the winter issue also includes an opportunity to review The Land Report Top Ten, featuring the nation’s leading listings. Another must-read article is the story of Taylor’s Trees, which many have already perused at Land Report.com.

Click HERE to access the digital version of the issue online or type in the following URL: http://tinyurl.com/864drcz

Land Report Top Ten: November 2011

From Hawaii to the Lone Star State, here are America’s priciest properties, led by $175 million Jackson Land and Cattle Ranch, pictured here, which is listed by Hall and Hall.

1. Jackson Land and Cattle: $175 million

These 1,750 acres are simply the most phenomenal property to come to the market in the Teton Valley in decades. Jackson Land and Cattle is one-of-a-kind in every respect: world-class improvements, including an equestrian center designed by Jonathan Foote, AIA; lack of any development restrictions; and don’t forget the stunning Teton views. Hall and Hall’s John Pierce has the listing.

2. Walton Ranch: $100 million

This 1,848-acre working cattle ranch was pieced together by the Walton family beginning in 1958. The family placed the ranch under conservation easement in 1983. Billy Long and Ron Morris of Ranch Marketing Associates have the listing.

3. Ranch Dos Pueblos: $84 million

This oceanfront parcel is on the market for the first time in three decades. Spanning 2,175 acres just west of Santa Barbara, it’s one of the largest remaining ranches along the breathtaking Gaviota Coast. Kerry Mormann & Associates has the listing.

4. Tranquility Estate: $75 million

These 210 acres on Lake Tahoe are crowned by a 20,000 square-foot mansion. Owned by Tommy Hilfiger co-founder Joel Horowitz, it was originally priced at $100 million in 2006. Listed by Shari Chase and Sue Lowe of Chase International.

5. Aspen Valley Ranch: $59 million

Billed as the largest ranch near Aspen in the Roaring Fork Valley, this ranch boasts senior water rights as well as over 800 acres and is located just 10 minutes from the Aspen airport. Joshua Saslove of Joshua & Co. has the listing.

6. Robert Taylor Ranch: $56 million

112 acres in Los Angeles’s tony Brentwood enclave. The roomy ranch house, which was designed by Robert Byrd, features 17 bedrooms and 17 bathrooms. Joyce Rey of Coldwell Banker Previews International has the listing.

7. Hana Ranch: $55 million
This 4,500-acre working ranch on eastern Maui surrounds the town of Hana. The property boasts two miles of Pacific oceanfront and rises over 2,200 feet up the slopes of Haleakala. Dan Omer of Island Sotheby’s International Realty has the listing.

8. Rockpile Ranch: $54 million

For only the third time in over a century, this 55,374-acre cattle ranch in the Davis Mountains of Far West Texas is on the market. Since 1992, the Rockpile has been owned by McCoy Remme Ranches (No. 41 on the 2011 Land Report 100). James King of King Land and Water is the listing agent.

9. Dana Ranch: $45 million

With only two distinguished owners in nearly 100 years and an unmatched record of profitability, the Dana is considered by many to be the finest operating and recreational ranch in the Rocky Mountain West. Supporting 3,000 animal units on 59,000± acres, it boasts over 13 miles of superb fisheries and an incredible diversity of wildlife resources from elk to waterfowl to upland birds. Listed by Dave Johnson with Hall and Hall.

10. Flying Dog Ranch: $40 million

This 245-acre Aspen landmark features nearly a mile of Collins Creek and Woody Creek and borders the White River National Forest. Morris & Fyrwald Sotheby’s International Realty has the listing.

Click here to download a copy of the November 2011 newsletter.

Larry Ellison Expands Lake Tahoe Holdings

Larry Ellison, a man who “views prime real estate as scare commodity that can’t easily be replicated,” is expanding his holdings in the Lake Tahoe area, a region well known for its pristine waters and world-class skiing.

Regarded as one of the country’s largest consumers of trophy real estate, Mr. Ellison is the third-richest American with a net worth of $33 billion according to Forbes. Since the mid-1990s, Mr. Ellison has amassed hundreds of millions of dollars worth of top-shelf properties around the world, including five adjacent lots in Malibu; a mansion formerly owned by the Astor family in Newport; a historic garden property in Kyoto, Japan; and a 249-acre estate in Rancho Mirage that includes a private 19-hole golf course.

Once Mr. Ellison finds an area he likes, he will typically purchase multiple properties that are adjacent to one another and then combine them into a single, sprawling compound. He also purchases other lots nearby to increase his total holdings in a specific area.

According to public records, Mr. Ellison began purchasing in the Lake Tahoe area in 2006 and since then has created three noncontiguous lakefront parcels in eight separate deals.

Click HERE to read the full article in the Wall Street Journal

Market Watch: Rayonier to Acquire 250,000 Acres

Rayonier (RYN) has signed an agreement to acquire some 250,000 acres of timberlands from Joshua Timberlands LLC and Oklahoma Timber LLC for $330 million. Timberlands included in the sale are located in located in Alabama, Mississippi, Louisiana, and Oklahoma.

“The quality and location of these timberlands make them an excellent strategic fit for Rayonier. This transaction is a major step forward in our strategy to grow and diversify Rayonier’s timberland ownership while allowing for further expansion of our rural land sales program,” said Lee M. Thomas, Rayonier’s chairman and chief executive officer.

Once the deal closes, the Jacksonville-based company will own, lease, or manage 2.7 million acres of timber and land in the U.S. and New Zealand. Rayonier reported net income of $56 million in the second quarter of 2011, an increase of nearly 44 percent from $39 million in the second quarter of 2010.

Read the complete press release and learn more about Rayonier HERE.

Sold! Texas’s Camp Cooley Ranch

SEPTEMBER 6 UPDATE:

Camp Cooley Ranch sold at auction for $28.5 million to Circle X Land and Cattle Company August 4. Twenty-two qualified bidders, along with their families, attorneys, lenders, and consultants, attended the auction, which was held at the Robertson County ranch. The $28.5 million sale price included surface and mineral/royalty interests. All equipment and personal property was offered through a separate transaction.

According to Bernard Uechtritz of Great Estates Ranches, Camp Cooley ranks as one of the most beautiful ranches in the nation, thanks to its topography, abundant waters, and multi-million-dollars of improvements. “In the cattle industry, Camp Cooley is a major brand name,” he said. Uechtritz coordinated the extensive marketing campaign leading up to the auction; the auction itself was overseen by Hall and Hall Auctions.

Read more details HERE.

JULY 25 UPDATE:

In the midst of a statewide drought that is crippling Texas farms and ranches, Camp Cooley Ranch continues to thrive.

“Camp Cooley is an oasis,” says Bernard Uechtritz during a telephone conversation from the headquarters of the Central Texas ranch. “Every other ranch I’ve seen over the last few weeks has browned up, but not Camp Cooley. It continues to irrigate, to fertilize, and to bale hay. Take a look at that aerial video at Camp Cooley.com. We shot that two weeks ago, and everything was still green. Still is. Name another ranch in Texas that is baling hay in late July.” According to Uechtritz, Camp Cooley Ranch has a year round carrying capacity of 4,000 head, and as recently as two weeks ago was running 4,700 head.

As the August 4 auction deadline approaches, Uechtritz reports that multiple stalking horse bids have been received for specific assets as well as for the entire ranch. “The action has been terrific. We’ve easily had 20-plus parties tour the ranch and given it a serious look,” Uechtritz says.

Leading the list has been a large number of cattle companies that recognize Camp Cooley’s turnkey potential. “Readers of The Land Report would immediately recognize the names of many of these famous ranch operators. These guys know what a once-in-a-lifetime opportunity Camp Cooley presents,” Uechtritz says. Other parties who have toured the ranch have eyed the mineral rights, the water rights, royalty revenues, the hunting preserve, and the possibility of developing a wetlands mitigation bank.

“Watching the interest build around Camp Cooley has been extremely exciting for Hall and Hall,” Scott Shuman says, head of Hall and Hall’s Auction Division. “When you get a property with the history and the potential of Camp Cooley and combine it with such close proximity to major metropolitan areas such as Houston, Dallas, Austin, and San Antonio, it’s bound to generate a ton of interest. And we’re definitely seeing that. I expect the pace to pick up even more as the auction date approaches.”

Buyer’s registration forms and bidder’s packets for the invitational auction are being released on Friday, July 22. Bidders must pre-qualify and be invited to attend the August 4th auction, which is presently scheduled to take place at Camp Cooley Ranch. Through the protected buyer process that was approved by the court, there is also the possibility of a private treaty sale prior to the August 4 auction.

Learn more HERE.

JULY 15 POST:

A Texas icon goes on the block this August as Camp Cooley Ranch is to be auctioned off by Hall and Hall Auctions. At 10,600± acres, Camp Cooley is one of the largest properties in close proximity to Houston, Dallas, Austin, and San Antonio. A sophisticated multi‐level turnkey cattle and commercial hay operation, Camp Cooley generated more than $700,000 in grazing revenues, more than $1.5 million from commercial hay operations, and more than $1.4 million in gas royalties in 2010. In addition, there are considerable untapped revenue streams associated with existing gas and water rights. Located in the heart of the Lone Star State near Franklin, Camp Cooley will be auctioned by Hall and Hall as a single tract on August 4, 2011.

Download a comprehensive presentation with complete details via PDF HERE, or take a tour online at Camp Cooley.com.

LOCATION

Camp Cooley Ranch is located in Robertson County in the heart of Central Texas and is bounded by the Navasota River to the east. Approximate drive times are as follows: Bryan-College Station, 30 minutes; Austin, 90 minutes; Houston, two+ hours; Dallas, two+ hours; San Antonio, three hours.

HISTORY

The ranch takes its name from the Civil War

Houston entrepreneur Bert Wheeler assembled Camp Cooley from dozens of neighboring tracts. As Camp Cooley’s renown grew, Wheeler hosted such Texas luminaries as John Connally and Lyndon Johnson.

Under current owner Klaus Birkel, Camp Cooley Genetics has become one of the country’s best known seedstock cattle operation, running up to 4,500 cow/calf pairs and as many as 2,000 bulls.

ASSETS

Ranch headquarters is a 8,590-square-foot lakeside main residence. Improvements include a 15-suite executive office complex, meeting rooms, and security and communication systems to monitor the ranch.

The entire ranch is served by a computer-monitored water well system, including all residences, barns, workshops, a multi‐use sale pavilion, and the breeding and cattle workstations. There are approximately 84 miles of roads in place on Camp Cooley.

Camp Cooley boasts rolling terrain that boasts numerous lakes, abundant woodlands, as well as wetlands that are ideal for development as a mitigation bank. The ranch’s 1,000‐acre exotic game preserve is among the oldest in the state and could be increased in size.

OPPORTUNITY

Qualified bids need to be submitted by Wednesday, July 27 at 5 p.m. (CST). For more information on this auction, contact Bernard Uechtritz at (214) 608-8567 or Scott Shuman at (800) 829-8747.

For Sale: Canadian River Ranch

Anyone familiar with the history of the American West knows the legend and lore that surrounds the historic XIT Ranch, whose 3 million acres encompassed the bulk of the western edge of the Texas Panhandle. The Canadian River Ranch covers some 111 square miles of the old XIT, including substantial frontage on both sides of its namesake, the Canadian River. The ranch’s varied topography rises from wide river bottoms to iconic mesas, but throughout its history it has been operated as a commercial cattle outfit.

Located 65 miles northwest of Amarillo, the ranch can also be accessed via a paved 4,500-foot land strip situated close to the headquarters. The ranch’s 7,000-square-foot, 6-bedroom, 6½-bathroom lodge is just one of many well maintained improvements, which include a ranch manager’s house, pilot’s quarters, barns, pens, and housing for the hands.

These 71,059 acres combine to form one of the largest contiguous land holdings inthe Texas Panhandle. The ranch is watered by 26 miles of the Canadian River. Not surprisingly, the Canadian River Ranch boasts exceptional hunting. Two state record mule deer have been recently harvested, and elk, bear, and mountain lion have also been sighted.

$33.753 million ($475 per acre)
(806) 763-5331
www.chassmiddleton.com

Texas Bans Private Transfer Fees

Gov. Rick Perry signed into law legislation that bans private transfer fees to developers. With Perry’s signature, Texas joins 33 other states in banning or restricting private transfer fees.

A transfer fee is a percentage of a property’s sales price – typically 1 percent – that is remitted to a property’s original developer each time it sells.

Although not common in Texas, transfer fees are seen as a means to improve cash flow in down markets. The bill passed unanimously in the Texas Senate and 142-1 in the Texas House. Under the new legislation, new private transfer fees will not be allowed. Developers who have existing fees on properties must file a notice of the obligation in county property records by Jan. 31, 2012. Unless notice is filed and updated every three years, existing transfer fees will be voided.

Read more HERE.

On the Block: Oklahoma’s Bird Creek Ranch

UPDATE: Bird Creek Ranch sold as one parcel for $1.995 million ($1,304/acre) at public auction in Tulsa on May 23. The 1,530-acre holding was offered in 11 tracts ranging from 20 to 320 acres. More than 70 individuals attended the auction with 36 registering as bidders.

“The local real estate community seemed to be impressed with the outcome of the auction and many registered bidders expected the land to sell for under $1,000 per acre,” said Scott Shuman. “As a result of the auction we have now been asked to look at several other parcels of land for potential auctions. It was a great way to introduce the auction division of Hall and Hall.”

ORIGINAL POST: Hall and Hall Auctions will open the bidding on Bird Creek Ranch Monday afternoon, May 23, at one p.m (CST). The ranch’s 1,530± acres, which are located just minutes from downtown Tulsa, will be offered in 11 tracts ranging from 20 to 320 acres. All tracts have extensive frontage on paved Tulsa County roads. The southeast side of the property borders Bird Creek.

“Bird Creek is ideal for the investor seeking to increase his or her portfolio, or a local farm operator expanding an operation,” says Scott Shuman, who heads up Hall and Hall Auctions. “For the hunter or outdoor enthusiast, this property offers a tremendous opportunity.”

The multi-parcel method of sale will be used to allow ranchers, farmers, investors, hunters, and outdoor enthusiasts to bid on individual tracts or the combination of tracts that best suits their needs.

Scott Shuman
Hall and Hall
(800) 829-8747

 

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