SOURCE: Woltz & Associates

Woltz & Associates

August 29, 2011 10:39 ET

Scenic Ranch, Water Rights to Sell in Buena Vista, Colo., Auction

BUENA VISTA, CO--(Marketwire - Aug 29, 2011) - Cottonwood Meadows, a 274-acre ranch near historic Buena Vista, will sell to the highest bidder (or bidders) in an absolute auction set for Sept. 30. The property, which includes land fronting on Cottonwood Creek, has water rights dating back to the 1860s.

The Chaffee County ranch has two houses, meadows and views of the Collegiate Peaks that rise to 14,000 feet.

"This is a really special ranch with lush meadows, fertile fields and some of the region's most senior water rights. The land will sell in 11 tracts, with five groups of water rights selling separately or in combination with the land," said Jim Woltz, president of Woltz & Associates, which will manage the auction.

"By offering the ranch in parcels and offering the water rights separately, we will give bidders the greatest possible flexibility, allowing more people to participate. The ranch borders Buena Vista and has some of the best mountain views you'll find anywhere," said Woltz.

All of the land and water rights will sell absolute, meaning that the property will be sold regardless of price, with no minimum or reserve bid. The auction will begin at 4 p.m. Friday, Sept. 30, at the Orpheum Theater in Buena Vista. Woltz officials will be available for inspections Sept. 17, 18, 24 and 25, as well as on the auction day. Individuals seeking additional information may call 800-551-3588 or visit woltz.com.

"Buena Vista is one of the last great unspoiled Old West towns, and it offers considerable development potential. The entire area is an outdoor lover's paradise, and the property is located only a mile from the Arkansas River, which has excellent fishing and some of the nation's best whitewater rafting," said Woltz.

Woltz & Associates, based in Roanoke, Va., is a leading auctioneer specializing in the sales of ranches, land, homes, commercial properties and other high-value real estate. More auction information.

Contact Information

  • For more information:
    Carl Carter
    205-823-3273
    Lindsay Fernandes
    205-909-3705