23490 County Road 501
About This Property
Water is the defining feature of Teelawuket Ranch. More than one mile of the Upper Pine River flows through the property, complemented by East Creek and a five-acre pond that provide diverse fishing opportunities for brown, rainbow, and brook trout. Direct adjacency to U.S. Forest Service lands and access to the renowned Weminuche Wilderness further enhance the Ranch's sporting appeal.
Improvements include a 6,400-square-foot main residence, five guest cabins, a ranch manager's home, historic gathering spaces, a four-stall barn, riding arena, corrals, and supporting ranch infrastructure. The Ranch is equally suited for family retreats, equestrian pursuits, entertaining guests, and multi-generational ownership. Abundant elk, mule deer, turkey, and black bear habitat, combined with proximity to Durango, Vallecito Reservoir, and several renowned trout rivers, make Teelawuket Ranch an exceptional legacy property offering privacy, recreation, and stewardship in one of Colorado's most desirable mountain destinations.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2026 | Listed | $28,500,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017