The Land Report

Winter 2014

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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I t's one of four offerings that Sporting Ranch Capital (www.sportingranchcapital.com) is bringing to market this year, including a 160-acre cutthroat trout fishery in the shadow of the Grand Tetons near Driggs, Idaho; a 518-acre hunting and fishing mecca near Chama, New Mexico; and a 760-acre parcel in the Weminuche Valley outside of Pagosa Springs, Colorado. Although the Utah property featured more than 8,000 feet of Upper Provo River frontage, Ellis was more intrigued by the 12,000 feet of spring creek that ran parallel to the Provo. "Think about that. The Mormon Church had been grazing cattle up there for decades. Nobody knew — or cared — about this amazing two-mile fly-fishing corridor just minutes from the home of the 2002 Winter Olympics in Park City," he says. After acquiring the property from the LDS Church last December, Ellis brought on board Shannon Skelton of CFI Global Fisheries to rehabilitate the creek. Skelton sized up the poor water quality and the eroded banks and got to work reshaping the creek. Irrigation channels were closed off. Oxbows were created. So were terraced pools. Log drops were built. Riffles were added. The result is an entirely different property, one whose new and improved value far exceeds the $1 million Ellis has invested. "When I came out to Park City, I called all the agents in town to see where I could find a couple of hundred acres with some water," Ellis says. "To a one, they all said it didn't exist. 'Not in this market,' they told me. Guess who's got it now?" — Eric O'Keefe 20 The LandReport | W I N T E R 2 0 1 4 LANDREPORT.COM The addition of eight oxbows is one of many improvements made by Shannon Skelton's crew at CFI Global Fisheries. Carlos Ordonez and Matt MacMillan at Live Water Properties have the $9 million listing.

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