234.2 Acres in Tetonia, ID - $6,000,000

Spanning 234.20 acres, Bull Elk Creek Ranch is an iconic alpine mountain ranch situated 15 minutes from famous town and ski slopes of Teton Valley, Idaho. Featuring world class views of the Grand Teton Mountain Range and surrounding picturesque mountain views of the Snake River Range and Big Holes. The property is wrapped in mature cottonwood trees, thimbleberry bushes, aspens, and willows providing excellent habitat for deer, elk, bear and other indigenous wildlife. This property offers numerous opportunities for exclusivity, privacy and future value as the valley continues to grow. While the phrase is often used, this is truly ''one not to be missed!'' Bull Elk Creek Ranch is situated in one of the premier recreational locations in Tetonia, Idaho. Located near the Jackpine-Pinochle Caribou-Targhee National Forest north of Felt, Idaho and in short distance to many local favorites such as Ashton-Tetonia Rails to Trails.

This exceptional recreational opportunity is lush and has lots of history. Some great Folklore tails too and includes the original Reece homestead. The ranch is secluded at the end of a gravel road which provides good year around access, off a well-maintained county road with private drive owner maintenance. Easily accessible, travel time to Idaho Falls Regional Airport is less than an hour.

Elevation on the property ranges from approximately 5000 feet to around 7000 feet. The ranch delivers a great recipe for recreation and wildlife habitat. Mixed timber gives way to small open meadows. Topography and vegetation allow for great seclusion and several small basins within the ranch boundary to hold and provide cover for wildlife. Land cover and topography are complemented by significant water resources from Bull Elk Creek that runs year round throughout the property, with multiple water sources. You might just catch a fish or two. There is a legacy agricultural well, two stock wells, and a new domestic well. Ground water rights dating back to 1914 providing ample water for a modest cattle or horse operation. The elevated bench property of 157 acres are dry farmed with a lease and sewn for Fox-tail barley production. A substantial AG tax break and annual income.

The ranch has historically been managed for wildlife and event/guest ranch recreation and Barley production. With pasture and stable for horses. ATV travel provides great access throughout the property, wandering through the different vegetation and topography providing for a truly enjoyable excursion. Additional recreational opportunities abound in the surrounding area including the winter and summer activities at Grand Targhee Ski Resort, boating and fishing at Palisades Reservoir, flying fishing and floating the Teton River, and wandering the Wilderness Areas and surrounding national forest.

There are riparian corridors running through the property. A separate list of water rights is available.

The property has had numerous structures placed upon it over the years for purposes of providing shelter, storage and usages during the four seasons. A few are non-habitable but carry the legacy of this historical ranch. These improvements consist of the one-story farmhouse built in 2022. Renovated outbuildings that support the lifestyle for a ranching operation. These include a 2000 square foot insulated shop, 8-stall 2-story barn with fenced paddock, 3 Butler brand feed grain silo bins, 4-section wooden grain building, 800 square foot wooden hog barn, well house, and the Reece family original homestead.

The number of existing properties of this size within such proximity to one of Teton Valley's top resort destinations will continue to be a driving factor in value. One could easily offset a portion of the purchase price of this property with the placement of a conservation easement capturing the rawness of this beautiful land in perpetuity. The other consideration is the value added by meeting the demand for pristine mountain settings within the valley. One with the right vision could carry this property in either direction and create value and opportunity in enhancing this truly unique mountain setting.

The property has served as a recreational, guest/events property and production in Barley farming for several years with the current owner. the previous generations it provided the rancher with livestock growth of cattle, hogs, chickens and home for their horses. To this day there is forgeable vegetation that was planted in the early 1900's that thrives in the rich soil throughout the property. Hillside with wildflowers, treed meadows, 41 acres of grazing pastures, wild mushrooms, and thimbleberries.

Bull Elk Creek Ranch is a rare find with recreation, mixed timber, significant water resource, seclusion, views. The ranch offers the perfect opportunity for a buyer to continue to improve with additional dwellings with separate infrastructures. Several buildings sites for a main house. Frontal views on the bench for Grand Teton Range View. Or just enjoy the existing Farmhouse that is immaculate! The ranch can no longer be further subdivided and would also be a good candidate for a conservation easement for the discerning buyer.

*HIGHLIGHTS*

*Bull Elk Creek Ranch is a stunning 234.20-acre alpine mountain ranch located just 15 minutes from the renowned town and ski slopes of Teton Valley, Idaho.

*The property boasts breathtaking views of the Grand Teton Mountain Range, Snake River Range, and Big Holes, surrounded by mature cottonwood trees, aspens, and willows, providing a habitat for various wildlife.

*Offering exclusivity, privacy, and future value, Bull Elk Creek Ranch is a prime recreational location near the Caribou-Targhee National Forest, with easy access to Ashton-Tetonia Rail to Trails.

With diverse elevation ranging from 5000 to 7000 feet, the ranch features mixed timber, open meadows, and water sources like Bull Elk Creek, ideal for wildlife habitat and recreational activities like fishing.

*The property includes historical structures, renovated outbuildings, and ample water rights, supporting agricultural dry farming like barley production and livestock management.

*Bull Elk Creek Ranch presents numerous recreational opportunities, including ATV trail, proximity to Grand Targhee Ski Resort, Palisades Reservoir, Teton River, and surrounding wilderness areas.

*The ranch offers potential for conservation easements, additional dwellings, and infrastructure development, making it a valuable investment for those seeking a pristine mountain setting.

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