For Sale: Colorado’s Dallenbach Ranch

A disappointing number of sports stars plow their money into poor investments. Not Wally Dallenbach. In the early 1970s, the legendary Indy car racer took his winnings from the California 500 and bought an absolutely stunning piece of property along the banks of Colorado’s Frying Pan River just outside Basalt. In the 35 years since then, Wally and his wife, Peppy, not only raised a family but they also bettered the lives of thousands of Coloradoans through their own amazing race, the Colorado 500.

Learn their story and take a tour of this one-of-a-kind property HERE.

On the Block: 170 Acres in Marion County, Illinois

Update: The complete tract of land went unsold during the brief auction. The first tract at 50 acres was passed on at $120,000, the second tract at 40 acres was unsold at $96,000, and the third tract at 80 acres was unsold at $192,000. A combination of all three tracts was passed on as well.

170 acres, broken up into three tracts of 50, 40 and 80 acres, goes on the block Saturday in Marion County, IL. The land can be used both for hunting and CRP income. Buy A Farm Land and Auction Co. will host the bidding.

The minimum opening bids on the property start at $2,400 an acre.

Located on Blackburn Road, 15 minutes from I-57 in Centralia, the property could be a solid buy if you happened to scoop up all three parcels. Each has a decent CRP income; they total about $6,500 per year. According to the listing, deer abound on the property.

This would make a nice long weekend retreat for hunters in St. Louis or Chicago.

Bids will be taken at the Iuka Grade School or online. 10% down is required at the end of the auction with the balance at closing.

For Sale: Montana’s Sun Ranch

The jury is still out on my definition of dream property, but I’ll tell you this: Montana’s Sun Ranch is definitely in the running.

Nestled on 18,000 acres just outside of Yellowstone National Park in the Madison Valley, the Sun Ranch ranges from 5,700 feet to over 10,000 and is a sterling example of what a true steward of the land can do with a spectacular piece of property. Almost 100 percent of the ranch is protected by conservation easements.

Three creeks – Sun, Moose, and Wolf – nurture more than a mile of the Madison River, which weaves its way through the property. Needless to say the fishing is out of this world. Elk, deer, bear, antelope, and sheep cross this country going to and from Yellowstone. Throw in a beautiful main residence, and this prime parcel is for sale at $55 million. Fay Ranches has the listing.

According to New West,the owner, Roger Lang, is looking to unload the ranch and free up capital for other conservation projects. According to the article, it looks like he has in mind a development similar to what Russ Maytag has done in Colorado at Maytag Mountain Ranch.

15 to 30 Percent ROI on Arkansas Land?

Hunting land isn’t just for birds, especially in the South. From the Mississippi Delta to the rice fields along the Gulf Coast, land with waterfowl has long been a great investment. Some investors buy and sell these tracts purely for speculation, and others for Mallards and Gadwalls. The really savvy do both.

Read more

Hunting Land is a Hot Investment

Over the last decade there’s been a boom in rural land prices throughout much of the United States and parts of Canada. I say this not because of some government report or a recently released study but based on firsthand experience. I live in southern Iowa, and I have been buying rural land here since 1995. Back then I could little afford more than an old used pickup truck. Yet land was so cheap that I couldn’t say no. Read more

How to Buy a Texas Hunting Ranch

Regional Spotlight: Texas Hunting Ranch

General Info: As temperatures across the country skyrocket this month, it’s almost inconceivable for hunting to cross anyone’s mind. Dove season is just a few weeks away, followed closely by quail, and then deer season in the winter. It may not be possible to find, buy, and use your own hunting ranch this year, but the arrival of the season could definitely whet your appetite for a personal game retreat. Read more