32928 Bluebell Cir
About This Property
The kind of place your friends cannot stop talking about after they visit. The kind of ranch people try to recreate and never quite pull off because you cannot fabricate this setting, this history, or this energy.
Hidden in the spectacular Hangen Ranch Valley, this 40-acre Evergreen ranch feels like Aspen before Aspen became Aspen. Wild. Private. Authentic. Cool without trying. A true Colorado trophy property with the luxury vibe without the nine-figure price tag.
What makes Wagon Wheel Ranch so rare is not just the beauty, but the land itself, too.
Unlike most mountain properties that are steep, heavily wooded, and difficult to use, this ranch unfolds across a gently sloping valley with an extraordinary amount of usable land. Rolling meadows, open pasture, and wide spaces create a feeling that is almost impossible to find in the Colorado mountains.
This is where luxury retreat energy meets old Colorado soul.
Towering pines surround the pastures while a chapel overlooks the valley like something out of a film set.
Originally the historic Our Lady of the Rockies girls camp, Wagon Wheel Ranch has evolved into one of Colorado's most compelling private compounds. Rustic sleeping cabins tucked into the trees. A 10-stall horse barn. Riding arena. Workshops. Pasture shelters. Gathering spaces. Trails. Silence. Space. Character everywhere.
You do not buy Wagon Wheel Ranch because you need another house.
You buy it because there are only a handful of properties like this left.
This is where unforgettable weekends happen and where your kids create memories they will talk about forever.
Only 10 minutes from Downtown Evergreen, 50 minutes from Denver, around an hour to world-class skiing, and just over an hour to DIA.
Private tours are available by appointment only with advance notice and proof of funds. Please allow at least 90 minutes to fully experience the ranch.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017