Cielo Vista Ranch purchased Monday
COSTILLA COUNTY – Cielo Vista Ranch has been sold, although the purchase price and new owner were not disclosed by Mirr Ranch Group, which announced the sale on Monday.
The property — that includes 14,053-foot-tall Culebra Peak — was on the market for $105 million.
The sale of the 83,000-acre ranch is the largest U.S. ranch sale in 2017.
Although not revealing the new owner, Broker Jeff Hubbard said on Monday, “He is one who is a true conservationist and is deeply committed to preserving this national treasure and extraordinary resource. He truly appreciates and embraces the responsibility of ensuring this property remains a reflection of our state’s beautiful landscapes, diverse wildlife and heritage for decades to come.”
Hubbard said the new owner is not billionaire Louis Bacon, renowned conservationist who owns Trinchera Ranch to the north of Cielo Vista in the San Luis Valley.
The broker called the new owner “a new neighbor to the area.”
“The profile of the buyer is absolutely ideal,” Hubbard said.
The former Taylor Ranch, which has a contentious history in the Valley, has most recently been owned by a group of Texas ranchers who renamed the ranch Cielo Vista. They bought the ranch in 2004 for $60 million from Enron executive Lou Pai, who had purchased it for $20 million from the Taylor family in 1988.
North Carolina lumberman Jack Taylor had purchased the property in 1960. He closed off access to the local residents who appealed their long-standing right to use the land for wood gathering and grazing, a right the Colorado Supreme Court restored in 2002.
The 83,368-acre Cielo Vista property encompasses Culebra Peak, one of Colorado’s 53 mountain peaks with an elevation of at least 14,000 feet, and 18 13,000-foot peaks stretching across more than 20 miles of Sangre de Cristo ridgeline.
Included in the sale are more than 100 miles of creeks, a mature forest, thousands of elk, a herd of Rocky Mountain Bighorn Sheep, three four-bedroom houses, one three-bedroom home, a two- bedroom cabin and several offices, bunkhouses, sheds and barns.