Off Market

TBD CR-5

Craig CO 81625

13939200 sq. ft.
Land
Last sold for $1,049,000
LONNIE GUSTINLONNIE GUSTIN, last sold this property on 31 October 2025 after -251 days on market.

Overview

Double Spring Ranch is a scenic 320 acre property tucked within the rolling hills northwest of Craig. Located just off County Road 5, this versatile landscape offers a blend of grazing value and recreational appeal with its wildlife presence. Currently enrolled in the Conservation Reserve Program (CRP), the land has remained in excellent condition, balancing conservation with practical use. The landscape at Double Spring Ranch is defined by gently rolling topography covered predominantly in native grasses, accented by patches of sagebrush. A standout feature of the ranch is its two spring-fed ponds, which hold water year-round, an increasingly rare and valuable asset in this part of Colorado. These reliable water sources not only support livestock but also attract a variety of wildlife throughout the seasons. The property is fully perimeter fenced and has historically supported seasonal grazing, hunting, and general recreational use. Double Spring Ranch is also currently enrolled in the Conservation Reserve Program (CRP), which has helped maintain and enhance the condition of the land through years of stewardship. Double Spring Ranch offers a variety of recreational experiences for outdoor enthusiasts, with opportunities that span far beyond its fences. Situated in Colorado's GMU 3, the property supports populations of antelope and deer that frequent the area year-round. During the later seasons, as snow blankets the surrounding mountains, migrating elk have potential to make their way through the ranch. Elk tags can be purchased over-the-counter for private land in 2nd and 3rd rifle seasons, offering consistent opportunities for hunters year after year. However, deer and antelope tags are allocated via the draw only and typically require several years to obtain. The ranch's western border with BLM land expands the recreational potential even further. Whether you're glassing for game, exploring on horseback or ATV, or simply enjoying the quiet solitude of the landscape, Double Spring Ranch is full of possibilities. In addition to the property's direct border with BLM land, several nearby access points to hundreds of thousands of acres of National Forest can be reached within an hour. These public lands offer endless opportunities for adventure, including hiking, horseback riding, ATV exploration along extensive trail networks, camping, and fishing in alpine lakes and streams. Elkhead Reservoir lies just 45 minutes away and offers a full day's worth of fishing, swimming, or relaxing on the boat. The ranch's location also puts you within reach of several nearby towns that provide various amenities and host unique events and seasonal attractions throughout the year. Double Spring Ranch enjoys proximity to several key towns and regional hubs. The property is seasonally accessed via County Road 5 and lies just 30 minutes from Craig, a community that provides essential services such as grocery stores, hardware stores, restaurants, gas stations, a hospital, and much more. To the north, the small town of Baggs, Wyoming is reachable in about 45 minutes. Hayden, home to the Yampa Valley Regional Airport, is located less than an hour to the southeast and offers daily commercial flights to several destinations. Steamboat Springs, an iconic mountain town known for its lively downtown, fine dining, year-round events, and world-class skiing, including its legendary Champagne Powder snow, is less than an hour and a half away.

Features

13939200 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Craig over the last 12 months, the estimated median property value of TBD CR-5 is $55k.

Median value
$55k
Estimated value range
$18k - $1.18m
Median days on market
69
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Craig. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for TBD CR-5

2025
Sold
$1,049,000
31 Oct 2025 by LONNIE GUSTIN, of Hayden Outdoors LLC
2024
Sold
$150,000
15 Nov 2024 by Stacey Mathers, of Cornerstone Realty LTD.
2019
Sold
$21,945
16 Dec 2019 by Victoria Burns, of Brass Key Realty

Happy sellers in Craig

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We have insufficient information to provide an overview of customer satisfaction for Craig. Viewing the agent profiles, reviews and sales for Craig can provide insights for this location.

Local market activity for land plots in Craig

In the last 12 months, 34 land plots similar to TBD CR-5, have been sold.

This represents a 3% decrease in land plots sales when compared to the previous 12 months.

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