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Home » Real Estate » CO » Steamboat Springs » 80487 » 38500 Lobo Court, Steamboat Springs, CO, 80487
$2,295,000

38500 Lobo Court, Steamboat Springs, CO, 80487

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.
Offered By
Hallie Myhre, Ranch and Resort Realty

Property Details

Property Type Land
Status Active
Property Sub Type Residential
MLS # S1068551

Market Trends

New Properties On Market
104
41% Increase In New Listings
Average Asking Price
$2,044,111
$358,566 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$915
$60 Increase In List Price/Sq. Ft.
Average Days On Market
6
17 Day Decrease In Days On Market
Data as of Jun 03, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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