Additionally, the owner of the property has obtained the right to develop the deep water (below 2,500'). This right allows the property owner to drill up to 20 water wells, equating to 20,000 acre feet of deep water.

Access:

Access is by a well maintained private easement road. The main entrance can be locked to ensure privacy.

Hunting/Recreation:

Wildlife features on the Lower L Bar Ranch are impressive. Game species include elk, mule deer, black bear, mountain lion, bobcat, barbary sheep (aoudad), turkey and waterfowl.

The property is located in New Mexico Big Game Unit 9 and the ranch receives 30 bull elk rifle tags, 8 bull elk muzzleloader tags, 22 either sex archery tags, and 56 cow elk rifle tags.

Improvements:

The Lower L Bar Ranch is well improved. The main headquarters consists of a 3 bedroom 1 3/4 bath owner's home, outbuildings and shipping pens.

A partial two story log hunting lodge set up to accommodate 15 guests is located on the edge of a high rocky bluff overlooking the valley bottom lands.

Remarks:

This ranch has a rugged, very scenic "western movie set" look. Besides being a working cattle ranch, the Lower L Bar offers exceptional hunting opportunities and the ranch is ready to operate and enjoy.

Minerals:

One-half of the minerals and 100% of the executive leasing rights will convey with the property.

Price:

$20,000,000, or approximately $549 per acre