2014 AcresLost Creek Ranch (CONTRACTED)
DESCRIPTION: This unique acreage offers exceptional recreation opportunity with a resident elk herd and a growing trophy Whitetail deer herd. The state of the art breeding facility provides an avenue of income while still maintaining the integrity and character of the ranch. Fishing and waterfowl prospects are only enhanced with lakes, small ponds and the distinctive attractiveness of Lost Creek and its tributaries in a landscape that has well over 150’ of elevation change. The world class home, additional shop/storage facilities and the state of the art breeding improvements are all located in the heart of the Osage Hills in an area rich in history and legend.
LOCATION: Pawhuska and Bartlesville are approximately 15 minutes, Tulsa airport and downtown are just over an hour from the ranch. Oklahoma City and Wichita are approximately 3 hours driving time.
Osage County’s 1,476,480 acres make it the largest County in Oklahoma. The Tallgrass Prairie forage base is found in the open limestone prairies and the Cross Timbers area of the eastern portion of the County. The rich ranching, oil production and Osage Indian heritage is known nationally.
IMPROVEMENTS AND RESOURCES: The five year old home contains almost 9,500 square feet and contains 4 bedrooms and 5 and a half baths. A PDF brochure of the home and other improvements is available, as well as, a virtual tour that is available at http://www.obeo.com/824745
Over 1800 acres of the ranch is enclosed in approximately 7.5 miles of exceptionally high quality 9 foot high fence constructed of high tensile wire and galvanized steel post. There are approximately 65 head of elk within the high fenced area and 6-7 herd bulls. The deer population has been exposed to breeder quality bucks and some of those offspring are this year’s fawn crop.
The deer breeding facility is well designed to facilitate movement with as little stress as possible and the extensive pens and runs are constructed with the same high quality fencing and includes automatic water tanks, gravity feeders and a misting system for insect control.
The 80’ X 40’ shop, with concrete floor, contains a full bath and shower amenities. It is located near the large 60’ X 40’ storage building, with concrete floor, and an additional 60’ X 20’ RV storage barn.
The nearby rural water district supplies the home and improvements. The existing water well could also be utilized for the barns and pens if desired.
Two large lakes near the home provide excellent fishing and have been stocked with Florida hybrid bass. Approximately 1.5 miles of Lost Creek flows through the ranch and is enhanced by its spring fed tributaries, scenic rock bluffs, caves and creek bottom timber. Paul Akin Creek enters the ranch for a short way and several smaller ponds are found in other areas of the ranch.
HABITAT: The habitat of approximately 10 % open Tallgrass Prairie and the balance a mosaic mix of open and mixed timber with a native forage base, presents the perfect environment for the elk and deer population. Additionally, turkey, quail, dove, squirrel and a multitude of other game and non-game species can be found on the property.
HISTORY/LOCAL ATTACTIONS: This area is steeped in history, and naturally some folk lore, that includes the last train robbery in Oklahoma and others. The stories of outlaw hide outs abound and can be found in a letter we have from the previous owner and we will happy to provide at your request. A small rock building on the ranch, that was probably constructed when the railroad was built around 1907, is mentioned in the tales of Al Spencer and other outlaws. The remains of whiskey stills may be discovered in some of the secluded draws.
Just a few miles from the ranch is the Frank Phillip’s Woolaroc Museum and Wildlife Preserve which contains a world class museum and features several exotic animal species.
At least 8 Lakes are located within a short radius of the ranch of varying size and one lake near Pawhuska is stocked with trout in the winter months.
The Nature Conservancy’s 35,000 acre Tallgrass Prairie Preserve is located just north of Pawhuska and showcases the Tallgrass Prairie and a herd of approximately 3,000 bison.
Pawhuska, Bartlesville and Tulsa provide history, museums and local attractions that further add to the location value of the ranch.
MINERALS/MINERAL ACTIVITY: Because the ranch is located in Osage County, the Osage Indian Tribe owns the mineral interest; consequently the property sells as surface only. The mineral activity on the ranch is accessed from the east side of the property. The roads and high lines that are utilized in the oil field provide edge and vision lanes as well as easy access for ATVs, hiking, horseback riding or other recreation activities.
2012 TAXES: Approximately $14,000 The ranch is in an area that qualifies for a Federal Tax Incentive (Accelerated Federal Property Depreciation) available currently for qualifying former Indian Land. This provides a shorter recovery period of approximately 40%. It is apparent that there is considerable depreciable property located on the property. This incentive has been available in Oklahoma since 1994 and extended in one or two year increments.
PRICE: $3,950,000 (CONTRACTED)