Property Listing No Longer Available for Sale

Highway 93 - 629.3 Acres, Caliente, NV

Land for Sale - $16,734,505 - 629.3 acres


Property Info

CIMLS#117134
Location
  Highway 93 - 629.3 Acres
  Caliente NV 89008
UpdatedDecember 13th, 2022
TypeLand
Price$16,734,505
Land629.3 acres

Property Description

629.3+/- Total Acres including 500+/- acre-feet of water rights

List Price for total acreage and water rights of the ranch: $16,734,505 Rainbow Canyon is named for its spectacular rainbow colored rock walls. Meadow Valley Wash, a year-round spring fed stream, waters thousands of trees along its banks as it flows through the canyon. Ancient Indians inhabited the canyon and artifacts recovered from caves carbon date their occupation to 5,000 years ago. In the 1860s, settlers established ranches in the canyon to supply beef, fruit and vegetables to the surrounding mining towns.

The Conaway Ranch

The history of the Property dates back to the 1860s when the Conaway Ranch was one of the first cattle ranches in the region. It was a favorite place of writer Zane Grey, who enjoyed staying at the ranch while he was writing about the wild west. Howard Hughes, Summa Corporation, owned the Conaway Ranch in the 1970s where he intended to develop a destination resort. In the 1980s a developer drilled water wells, built a community sanitary sewer and leach field, and built a 9-hole golf course on the ranch.

The golf course is grown over with natural cover, but pressure pumps and some underground infrastructure remain. A domestic well and the community leach field served several homes and golf club facilities during the years that the golf course operated, and currently serves two existing homes on the golf course.


Financials