If your main goal here is hunting elk, then I would have to say that your goal is not that realistic. The land link is not even in the running. 155 acres is a drop in the bucket for the amount of land you would need to keep and hunt elk on. Don't mean to rain on your parade, but I have looked for hunting land quite a bit. A few years ago, some friends sold a ranch and were looking for an elk hunting ranch and I helped them look. At that time, it appeared to me that about $4 million was a minimum for having a decent "elk almost every year" type ranch. Even with the plummeting of land pricing, I would say that $2-3 mil would still be about the minimum. But hey, you may have different goals. The property you listed would be a good place to build an cabin and have access to public land hunting, but is not nearly big enough to hunt on the ranch itself. But you can build a cabin on a lot less expensive property and then hunt public.
I know that owning your own land is a very attractive idea (I would love to myself). But here is another way to look at it: If you put that same money in an investment earning 5% (bond market right now would do at least this well), you would generate $25,000 per year to hunt with! That would buy you and some friends some pretty nice hunts on some good ranches (guided or trespass DIY hunts)
Or you could invest your money in land and a cabin and hunt mainly public land for raghorns like the rest of us.
You also need to think about what unit any land you buy is in. Is it a draw only area? How many years does it take to draw the type of tag you like? I had 5 acres for a cabin in one area of Colorado and it changed to draw only for elk, and was going to take me (as a nonres) 3-4 years between hunting elk. I sold that land and bought to another area. Pretty sure the land around Estes is draw only, but am not sure.
Your one shot at buying what you want would be if you could find a tract that blocked access to some public land that was hard to get to except through your land. Those are rare though.
Good luck. I hope you find what you are looking for!
Last edited by txhunter58; 05-08-2013 at 05:43 PM.