Land · Pending

38500 Lobo Court

Steamboat Springs, CO 80487

0 Baths

$2,295,000

Single Family

Property Type

401 acres

Lot Size

S1068551

MLS #

About This Property

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.

171 days on market

Listed by Hallie Myhre · Ranch and Resort Realty · (970) 846-1687

Last updated: 8/30/2026 12:04 PM · Source: Altitude MLS, MLS#: S1068551

Property Details

Key Details

Property Type Land
Sub Type Single Family Residence
Status Pending
Subdivision WOLF MOUNTAIN
MLS # S1068551
Days on Market 171

More Details

Lot Size (Sq Ft) 17,467,560
Acres 401
HOA No
HOA Fee $0
Annual Taxes $1,950
Tax Year 2024
State CO
County Routt

Building & Lot

Lot Features StreamCreek
Sewer Septic Tank
Water Source Private, Well

Location

Price History

DateEventPrice
8/30/2026 Pending
Source: Altitude MLS #S1068551
—
5/1/2026 Listed for sale
Source: Altitude MLS #S1068551
$2,295,000 +188.7%
9/26/2025 Listing removed
Source: Altitude MLS #S1057173
—
8/19/2025 Listing removed
Source: Altitude MLS #S1062125
—
8/15/2025 Listed for sale
Source: Altitude MLS #S1062125
$795,000 -66.8%
4/12/2025 Listed for sale
Source: Altitude MLS #S1057173
$2,395,000

Copyright © 2026 SAR MLS. The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers' personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.

Listing information last updated August 30, 2026 at 12:04 PM.

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