2965 W 12000 N

Description

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 wit