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Dolores River Ranch

318+/- Acres    ·    Montezuma County, Dolores, CO    ·    $9,500,000

“Eventually, all things merge into one, and a river runs through it” (N. Maclean) And that river is the Dolores, dubbed by Trout Unlimited as being one of the “Top 100 Trout Rivers in America.” Emanating from a high-elevation watershed with sparkling headwaters near Lizard Head Pass just south of Telluride, the Dolores is fed by a dozen brook, rainbow and brown trout streams upstream from the Dolores River Ranch. Most notably, the Stoner Creek tributary feeds this stretch of the Dolores with a very rare, pure strain of Colorado River Cutthroat. Located sixteen miles upstream from the second largest lake in Colorado (McPhee Reservoir), sizeable runs of fish ascend the river in the spring and fall, including Kokanee Salmon and Smallmouth Bass. Abundant hatches and indigenous terrestrials distinguish the Dolores from other area rivers and this epic property exclusively controls 1.1 miles of this freestone river with flows distinguished by riffles, runs, bends, cut banks and back eddies.

History is woven into this lush 318+ acre landscape with a charming 11-bedroom, half-century-old lodge at the base of the now defunct, but delightfully skiable, Stoner Ski Area (3 trails, 1220+ feet vertical). Other improvements include an early 1900’s historic ranch manager’s cabin, preserved barn and other sheds and outbuildings, in one of which kids are able to fish in a stocked pond from the front porch.

Year-round recreational opportunities for family and friends abound, both on private land that is 70% irrigated and in the adjoining San Juan National Forest. One need only to step outside to embrace mountain biking, hiking, Nordic skiing, snowshoeing, paddle boarding, rafting and hunting — and, of course, storied fly fishing.

Dolores River Ranch Notable Features:

  • Acreage: 318+
  • Access: State Highway 145
  • Water Rights: 7 CFS, High Priority
  • Irrigated Acreage: 200+ Acres
  • River Length: 1.1 Miles+
  • Mineral Rights: Fully Owned
  • National Forest: Borders
  • Lodge: Built 1952, Remodeled 1999 and 2019 (First Floor)
  • Use by Right: 9 Homesites

Within easy driving distance, the ranch is a gateway to further adventure and Colorado culture:

  • Mesa Verde National Park / 50 minutes
  • Historic Dunton Hot springs / 30 Minutes
  • Town of Dolores / 15 minutes
  • McPhee Reservoir / 20 minutes
  • Telluride / 60 Minutes
  • Monument Valley, Utah / 2 Hours-40 Minutes

Nearest commercial airports:

  • Cortez / 20 Minutes
  • Telluride / 60 Minutes
  • Durango / 60 Minutes
Take a virtual tour of the main lodge here.


Agent(s): Chris Busbee, Sales Associate & Mark Matthews, Partner/Broker Associate
(646) 247-0338 or (210) 416-2737,
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The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

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When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.

Republic Ranches, LLC reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. Republic Ranches, LLC also reserves the right to refuse to show a property to a potential buyer for any reason at Republic Ranches, LLC's sole and absolute discretion.

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