LaKaterina offers rural style

Owners seeking $3.9M for 72-acre farm and ranch with equestrian facilities


— Real estate agent Ron Wendler said if he had the money, he would take the 72-acre ranch and equestrian facility he is listing off the market.

Sitting at the base of Rabbit Ears Pass, LaKaterina Farm and Ranch includes a private indoor and outdoor riding arena, a 5,000-square-foot home and 65 acres of irrigated land. If Wendler, a Colorado Group Realtor, could afford the $3.9 million property, he would buy it.

Wendler said his wife, Regina Wendler, an accomplished horse jumper, has trained horses at the facility.

"I know the property inside and out," Ron Wendler said. "I love the facility."

The property was designed as an equestrian facility before current owners Chet and Jorene Mills bought it. Wendler said the girlfriend of a Steamboat businessman once owned the land and they built an outdoor arena. But by the time the foundation for the indoor arena was in place, the couple had separated. That is when the Millses bought the property. In 1999, they put in a new foundation and completed the indoor arena, which is used by their daughter, Katie Mills.

They also built a 5,078-square-foot house that offers four master suites, a gourmet kitchen and cathedral ceilings. It has custom finishes like alder cabinets and trim, slate, granite and 120-year-old pine wood flooring and beams.

The Millses are moving out of the area and listed the ranch for sale in February.

Three miles from the city limits, Wendler said the property offers a mixture of privacy and accessibility to Steamboat.

The equestrian facility includes the indoor and outdoor riding arena and a 14,232-square-foot barn. The barn has 10 outfitted stalls, a tack and locker room with kitchen and viewing areas of the indoor and outdoor arenas.

The equestrian facility also provides the opportunity for commercial ventures. At one time, the Millses boarded horses and Wendler said it is a great facility to keep higher-quality animals in the $15,000 and higher range.

Wendler said the ranch has two sources of water rights from McKinnis Creek and Walton Creek. LaKaterina has two wells. The property provides its own hay with 65 irrigated acres. The land could be subdivided into 35-acre lots and sold.


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