Doubleheader Ranch
- Morrison, CO
- $2,950,000
Current income of over $11,000 a month from full-time tenants!
No Homeowner's Association or covenants to restrict your uses of this full-time rental income generating ranch.
Whether you want to capitalize on the income, use it for multi-generational living, or to utilize the property to board your animals while saving on high boarding fees with an income generating investment- don't miss this opportunity to own this income generating ranch which currently makes over $11,000 a month!
Nestled at 8,140 feet on the eastern face of Doublehead Mountain, Colorado's tallest peak in the 285 corridor between 470 and Conifer. This 28-acre ranch not only boasts panoramic views with natural beauty but also includes a significant income stream! With seven homes generating over $11,000 per month in full-time rental income, it offers a compelling investment opportunity at the gateway to Colorado's thriving ski country and the edge of the Denver area!
Income Potential: Generating an impressive $11,900 in current monthly income. Some cabins are rented under market value and could be increased to raise income potential. The studio apartment, a potential $1,500 a month can be rented to generate additional income. There is also a community laundry on the property that generates another approximately $150 a month. The RV/Campsite with an electric pedestal and outhouse could also be rented generating up to an additional $400-$500 a month. There is currently one horse boarded on the property at $750 a month and more could be boarded. The Bonus Dome House, which is currently used as a retreat with a couple of beds, couches, and TV, could be finished back into another unit; electrical, water, gas, and sewer taps all run to the building. A total estimated income potential of $20,000 a month.
Amenities and Property Features:
Nestled amidst the majestic Rockies, this ranch boasts a plethora of amenities and features.
Convenience and Accessibility:
Historical Significance: This ranch is steeped in history, tracing its roots to the early days of Colorado's gold rush. Situated in the renowned Turkey Creek area, this property sits in one of the majestic gateways to the Rocky Mountain's gold and ski country. Today, it stands as a testament to the region's rich past, offering a glimpse into the stories of pioneers, ranchers, railroad workers, and prospectors alike.
This historical ranch offers a unique opportunity to own a piece of Colorado's past while enjoying the many amenities of today. Whether you seek to cherish the property's history, capitalize on rental income, or simply savor the stunning views, this ranch has it all. Don't miss the rare and very limited chance to make your mark on Doublehead Mountain's legacy and strike gold today with the limitless potential of the last remainder of Doubleheader Ranch!
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Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified.
Photos of the Cabins, RV/Campsite, Bonus Dome Building, and Studio Apartment (Currently Under Construction)
During the Gold Rush in the mid-1800s, the now Jefferson County was seeing a great boom with those seeking the gold and silver riches of the Rocky Mountains. Golden, Colorado had quickly become the gateway to gold mining and eventually, other routes would be sought after to reach other parts of the Rockies to mine and transport through the Rockies to the further west.
It was the early 1870s while the railroad industry was booming. Colorado Governor John Evans headed a group that would extend the railroad from Denver to Mt. Morrison, which would later be known as Morrison, Colorado, bringing new life and wealth to the area. By 1874, Morrison, Colorado would become an official town founded by George Morrison, a former quarryman after heading south from Mt. Vernon that became the seat of the territorial government at the time.
Morrison would be developed to provide various stones to the area, some of which was the iconic red sandstone that would be used to build many of Denver's early-day mansions as well as parts of the Brown Palace Hotel at Union Station in Denver. Hard times were coming with major crop losses in 1874-1876 and the train route that would end at Morrison for more practical routes.
In 1877 during the "Bone Wars", the Morrison Formation was found to be a fossil-rich area that spanned from Canada to New Mexico. Many other bones and fossils were extracted from the site and area by several other paleontologists, Othniel Charles Marsh and Edward Drinker Cope. Most specimens found were too incomplete to classify and the first nearly completed skeletons were found of Stegosaurus, Ceratosaurus, and Allosaurus. With the finding of the first nearly complete Stegosaurus skeleton, that would become Colorado's State Dinosaur. Earl Douglass was tasked by the Carnegie Museum to search the area for more dinosaur fossils in 1909. After weeks of only finding small fragments, Douglass found eight vertebrae of an Apatosaurus eroding out of a hillside where the Quarry Exhibit Hall is currently located. Fossil discoveries still happen to this day along the entire Morrison Formation.
By the 1920s the railroad in Morrison would be running regular stops until the great floods of 1933 that devastated much of Colorado, wiping several towns from the maps entirely. Those floods and the rise of the autmobile would cause the railroad to be abandoned.
What is present-day U.S. Highway 285 was a former toll road that used to run at the bottom of the canyon. With the rise of the automobile, the road would be raised from the bed of the canyon in 1936 to higher elevations to avoid flooding and ease of travel and further expanded again in the 1960s. The Indian Hills area would become the largest summer colony and would make its way down towards Turkey Creek with an increase of vacation cabins in the mountains that would be nestled amongst the various farms and ranches of year-round residents. The popularity would increase for the Turkey Creek area with the construction of "Turnerville" by George E. Turner, now known as Tiny Town, consisting of miniaturized buildings that were to a 1/6 scale. It would open to the public in 1921 and would remain a tourist attraction to this day. The demand for vacation cabins in the area would continue until the 1950s.
With the increasing popularity of the automobile and ease of access to the mountains beyond Morrison, most of the summer cabins would become permanent year-round residences.
February of 1960 would shake the area with the discovery of an abandoned vehicle that was found running and door ajar with no signs of the owner by a milk delivery on one of the bridges in Turkey Creek. He would end up moving the vehicle off the narrow one-lane bridge and report it to the local sheriffs. It would later be discovered that it belonged to Adolph Coors III, heir to the Coors Brewing Company fortune who was later found to be kidnapped, resulting in one of the largest manhunts at the time.
History would continue to keep shining in the Jefferson County area when the United States Olympic Committee submitted Denver to be the host of the 1976 Winter Olympics. In 1970 the International Olympic Committee chose Denver to be the host of the 1976 Winter Olympics. Denver would inevitably choose Doublehead Mountain's northeast face as the complex site. 1972 the residents of Denver and Colorado voted against the increase of taxes to allow the estimated $2.7M (USD) cost of the complex and would inevitably not host the 1976 Winter Games.
As time continued, Jefferson County would see an increase of residents seeking the mountain life while still having the ever-expanding amenities of Denver and the mountain towns of the Rockies. While most of the historic ranches are fractions of their former glory, there still remain many historical buildings from the 1800s and 1900s in the areas.
A majestic lodging and working ranch
Guy Adams of Gunnison, Colorado acquired 160 acres of land in the late 1800s, that became the Doubleheader Ranch. Guy Adams was a postal worker who joined the railroad industry. He became well-traveled, moving around the country and vacationing in various parts of the world making many friends including President William McKinley. He initially used the ranch as a summer and vacation property for himself, his family, and his friends until 1918. After the end of WWI, he turned the ranch into a recuperation facility for military railroad members who were wounded in the war. Guy subdivided off the first 40 acres that would serve as the land for his cabin sites. His goal was to be able to house 1,000 at a time with the initial being 100 people.
By the 1930s the ranch would become under new ownership with the Hill family receiving the 40 acre that Adams was only able to build a handful of cabins. The Hill family wanted to preserve the lodging and working ranch aspect of the property. They would continue to build additional cabins on the property that would be used as overnight lodging and long-term tenants that would also be used as their residence and use of livestock.
By 1950 the ranch would pass to Beverly Hill who would marry Jan Slager, a member of the Sherriff's Jeep Patrol for Jefferson County. He would inevitably end up working with approximately 100 men in searching for Adolph Coors III in 1960, the heir of the Coors Brewing Company fortune. Beverly and Jan would continue to run the family business of lodging and livestock use of the property.
In 1967 the United States Olympic Committee chose Denver as its official candidate for hosting the 1976 Winter Olympics. In 1970 the International Olympic Committee chose Denver to be the host of the Winter Games. The northeast face of Doublehead Mountain was chosen as the complex site. With the projected costs, the residents of Denver and Colorado voted against funding the estimated $2.7M (USD) for the games, and the complex was not constructed.
With the announcement of Denver being chosen as the location of the 1976 Winter Olympics, Beverly and Jan would purchase The Coney Island Hot Dog Stand that was located in Denver. They would inevitably move that to Aspen Park for its proximity to the Olympic Complex. The hot dog stand would eventually lead to Bed and Breakfast style lodging in their future as well as more restaurants.
In 1969 the remainder of the original ranch would be developed into what is currently the Doubleheader Ranch Subdivision.
By 1978, the Hill family would end their stewardship of the property and sell it to the Martinez family. The Martinez family would continue to use the property for long-term tenants as well as some of the cabins for their family. In 1985 they would purchase additional acreage to add back to the ranch. They would go on to add RV hookups as well.
As of 2018, the ranch would come to the Neuweiler family after purchasing from the Martinez children. By this point in time, some of the cabins have seen neglected maintenance and upkeep. The Neuweiler's would restore all the cabins and primary residence to their former glory. They would once again continue the tradition of the property by offering the cabins for long-term tenancy, ranching, and utilizing the main home for family getaways. In 2023 they would build a new barn and add an expansive deck to the primary residence overviewing the entire Front Range.
The ranch is now ready for its next chapter. Are you ready to strike gold in the Rocky Mountains with this rare opportunity? What will your history for the ranch be?
8537 S Doubleheader Ranch Road, Morrison, CO 80465
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