The Real Estate Book

Property Description

75.41 acre parcel - Hillside, north of Highway 93, views south into Rainbow Canyon, city water and city power to site, city sanitation close. City's new 600,000 gallon water tank is located on this parcel. List Price: $2,639,350.00 Rainbow Canyon is named for its spectacular rainbow colored rock walls. Meadow Valley Wash, a year-round spring fed stream, flows through the canyon and the ranch. The history of the Conaway Ranch 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, where he wrote novels about the wild, wild west. Howard Hughes, Summa Corporation, owned the Conaway Ranch in the 1970s where he envisioned developing a destination resort. In the 1980s a developer built a 9-hole golf course and 4 lakes on the ranch. The community sanitation system is still in use. The mainlines for the irrigation of the golf course are still in usable condition. The Conaway Ranch can be purchased as: 30.98 acres, fronts HWY 93 in city limits- $1,858,800.00: 13.59 acres, fronts HWY 93, in city limits - $611,550.00: 75.41 acres, residential, in city limts - $2,639,350.00: 101.77 acres, canyon wall building sites - $1,526,550.00: 72.47 acres, water rights, on entrance to Kerrshaw Ryan State Park - $2,515,800.00: 234.19 acres,former golf course,sanitation,water rights,stream - $5,725,125.00: 21.342 acres,water rights,stream - $605,430.00: 25.857 acres,meadow,water rights - $867,855.00: 62.235 acres, spectacular rock walls - $933,525.00 Five of Nevada's state parks are in Lincoln County. Kershaw-Ryan state park adjoins the Conaway Ranch and has full day use facilities. The region has miles of off-road trails for horseback riding, ATV riding, mountain bike riding, and hiking. Nevada's big game species include mule deer, Rocky Mountain elk, three sub-species of bighorn sheep, pronghorn antelope, and mountain goat. Chukar partridge, California and Gamble's quail, ruffed grouse, pheasant, blue grouse, dove, and the Himalayan snowcock are popular upland game birds or hunters may choose to hunt waterfowl or certain migratory birds. Lincoln County was established in 1866. Few places offer the rich mix of scenic and historic locations found in Lincoln County. Historic landmarks and colorful pasts epitomize the small towns scattered throughout Lincoln County. Evidence of Caliente's historical roots as a railroad town is its mission-style railroad depot. The Lincoln County Hospital is also located in Caliente. The Lincoln County Airport is about 12 miles north of Caliente. This area enjoys a high desert climate with temperatures typically 10-15 degrees cooler than Las Vegas. The average growing season is 140 days. Multi-Billion Dollar Construction Projects are progressing in Northeastern Nevada. Southern Nevada Water Authority (SNWA) Regional Water Pipeline: Proposed to employ 1,000 during construction. Estimated $2 Billion budget. Department of Energy (DOE) Railroad Project: Railroad from Caliente to Yucca Mountain. Projected to employ 1,000 during construction. Estimated $2 Billion budget. Nevada Energy has announced plans to build four power plants, the Ely Energy Center, north of Ely and a major new power transmission line from the new power plants to Las Vegas. It will be the largest energy development project since Hoover Dam. Estimated $3 Billion budget. LS Power is planning to build a 1600 megawatt power plant north of Ely and a major new transmission line from its new power plant to Idaho and Las Vegas. Estimated $2 Billion budget. Only 2% of the land in Lincoln County is privately owned. Of that 2%, only a small percentage has water rights available for purchase. Whether you invest in Lincoln County for recreation,development, or both, the Conaway Ranch is a once in a lifetime opportunity to own one of the most unique and spectacular parcels available in the state.