38500 Lobo Court, Steamboat Springs, CO 80487
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company



38500 Lobo Court,Steamboat Springs, CO 80487
$2,500,000
- 401 Acres
- Lots / Land
- Active
Listed by:hallie myhre
Office:ranch and resort realty
MLS#:S1057173
Source:CO_SAR
Price summary
- Price:$2,500,000
About this home
The Buffalo K Ranch spans over 400 acres and is just 20 minutes from Steamboat Springs. Its diverse topography features rolling hills, lush creek beds, and rocky outcroppings. A small log cabin at the southern entrance is a perfect weekend getaway, ranch manager's cabin, or residence. The ranch is comprised of seven parcels, with the potential for a 113-acre tract to be further divided, offering significant development opportunities. Year-round access is convenient via Highway 40 and County Road 52. The ranch includes a large pond, smaller stock ponds, and picturesque Wolf Creek. Currently used for grazing cattle, the property is fenced, cross-fenced, and historically accommodated bison. Wildlife is abundant, with frequent sightings of elk, deer, and more. The property offers views of Mount Harris, the Yampa River corridor, and surrounding mountains. The landscape features native grasses, oak brush, trees, and wildflowers. A unique section of reclaimed mine ground at the northern end of the ranch offers the potential for numerous recreational activities, such as dirt or mountain biking. The location offers privacy and convenience, just 20 minutes from Steamboat Springs and 10 minutes from Hayden. The Yampa Valley Regional Airport is less than 10 minutes away. Local amenities include schools like Sleeping Giant, Steamboat Montessori, and the brand-new Hayden School, all within a 15-mile radius. Steamboat is renowned for its diverse dining scene, unique shops, art galleries, and world-class skiing and snowboarding at Steamboat Resort. Hayden, while smaller, features charming local eateries and essential shopping and serves as a gateway to outdoor adventures like hunting, horseback riding, and exploring the Yampa River Valley. Buffalo K Ranch's natural surroundings, convenient location, and development potential make it ideal for those seeking a balance between ranching land and a long-term investment with multiple hold and exit strategies.
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Home facts
- Listing Id #:S1057173
- Added:417 day(s) ago
- Updated:June 27, 2025 at 02:26 PM
Structure and exterior
- Lot area:401 Acres
Schools
- High school:Hayden
- Middle school:Hayden
- Elementary school:Hayden
Utilities
- Water:Private, Well
- Sewer:Septic Available, Septic Tank
Finances and disclosures
- Price:$2,500,000
- Tax amount:$1,950 (2024)
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