Introducing Mad Mountain Ranch, a very rare opportunity on 213 acres just a short 6 miles from downtown Steamboat and this exceptional property offers over ½ mile of Elk River frontage and private water fishing. The views truly are spectacular in every direction. Bordering National Forest on 2 sides with a variety of terrain including meadow to heavy timber, you can meander through miles of maintained trails on foot, horseback or ATV. The entrance to the Hot Springs Trail, Forest Service Trail 1171, and the Mad Creek Trail Head are literally out your back door with access to thousands of acres of National Forest beyond. In addition to private fishing on the Elk, the property features a well-stocked, roughly 1.5 acre pond for easier fishing success and it’s a lovely place for picnics by the water. Hot Spring Creek makes its way through the property and several ditches boast excellent senior water rights dating back to 1904 which provide irrigation water and a plentiful supply to fill the pond. The 4 bedroom/4 bath home is air conditioned. Caretaker’s quarters offer a great option for an on-site property manager. The primary bedroom is an updated, newer addition with vaulted ceilings, spacious bath with dual vanities, jetted tub and walk-in shower, plus a large walk-in closet. The main living area boasts lots of newer windows with spectacular views and is surrounded by a huge patio with fire pit, a lovely place for festive outdoor gatherings or casual summer dining. The well has a 1000-gallon cistern and a 32 KW generator provides additional peace of mind. There is an older barn on the property with a workshop, and a 1600 sq. ft., heated equipment barn/shop to store all the recreational toys, tractors and gear. There are no covenants, so your options are endless. So, bring the horses and ride off into the National Forest, fish along your private stretch of the Elk River, groom cross country ski trails or even snow-mobile in your meadow.
Offered By
Pam Vanatta, Steamboat Sotheby's International Realty
Convection Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator, Washer, Washer/Dryer
BATH FEATURES
Steam Room
LAUNDRY FEATURES
Main Level, In Unit
FIREPLACE FEATURES
Wood Burning
Heating
Baseboard
Cooling
1 Unit
Utility Features
Electricity Available, Propane, Phone Available, Septic Available
SEWER
Septic Tank
WATER SOURCE
Well
Year Built
1965
Basement
Crawl Space
Roof
Metal
EXTERIOR FEATURES
Sprinkler/Irrigation
Parking Features
Attached Carport
Lot Features
Borders National Forest, Sprinklers In Rear, Sprinklers In Front, Landscaped, Meadow, Near Ski Area, Waterfront
Other Structures
Barn(s), Living Quarters, Shed(s), Workshop
View
Meadow, Mountain(s)
CITY
Steamboat Springs
SUBDIVISION
Metes And Bounds Elk River
COUNTY
Routt
AREA
Elk River Area
STATE
CO
COMMUNITY FEATURES
Trails/Paths, Fishing
TAX AMOUNT
4643.36
HOA FEE
0.0
LATEST UPDATE
2026-01-21T17:40:49.179Z
DAYS ON MARKET
448
PRICE CHANGE(S)
$10,900,000 Oct 29, 2024
$9,900,000 Aug 4, 2025
$8,500,000 Nov 12, 2025
Property Details
Property TypeResidential
StatusActive
Bedrooms4
Bathrooms (Full)4
Property Sub TypeSingle Family Residence
Square Feet2,707
MLS #S1055031
Bathrooms (Half)1
FlooringCarpet, Tile, Wood
AppliancesConvection Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator, Washer, Washer/Dryer
BATH FEATURESSteam Room
LAUNDRY FEATURESMain Level, In Unit
FIREPLACE FEATURESWood Burning
HeatingBaseboard
Cooling1 Unit
Utility FeaturesElectricity Available, Propane, Phone Available, Septic Available
SEWERSeptic Tank
WATER SOURCEWell
Year Built1965
BasementCrawl Space
RoofMetal
EXTERIOR FEATURESSprinkler/Irrigation
Parking FeaturesAttached Carport
Lot FeaturesBorders National Forest, Sprinklers In Rear, Sprinklers In Front, Landscaped, Meadow, Near Ski Area, Waterfront
Other StructuresBarn(s), Living Quarters, Shed(s), Workshop
ViewMeadow, Mountain(s)
CITYSteamboat Springs
SUBDIVISIONMetes And Bounds Elk River
COUNTYRoutt
AREAElk River Area
STATECO
COMMUNITY FEATURESTrails/Paths, Fishing
TAX AMOUNT4643.36
HOA FEE0.0
LATEST UPDATE2026-01-21T17:40:49.179Z
DAYS ON MARKET448
PRICE CHANGE(S)
$10,900,000 Oct 29, 2024
$9,900,000 Aug 4, 2025
$8,500,000 Nov 12, 2025
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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