The coming sale of ranchland that dominates the north end of Spring Gulch has attracted likely buyers from around the world, Texas ranch salesman Bernie Uechtritz said Friday.
Deadline for offers for the 580 acres is Monday. It’s likely that a deal will be reached about a week after that, he said.
Uechtritz said the ad campaign that began in August has attracted about 50 inquiries, including “about a dozen who are really focused and have showed me the money” to buy the land. When the effort began, Uechtritz guaranteed that a buyer would be found, saying “it’s not a matter of if, not a matter of when, but a matter of who and how much.”
The amount of conversation proves there has been “a pent-up tide of interest in these properties,” he said.
Though about a half-dozen inquiries have come from brokers, most people who have contacted Uechtritz’s Icon Global Group have been principals, he said, with interest coming from people in the Jackson area and also from “Florida, Texas, Pennsylvania, overseas.”
Those interested in buying have proposed a variety of ways that the land, one of the largest undeveloped parcels in the valley, might be divided — or not divided.
The land is owned by John Tozzi, a longtime Jackson resident who made his money as an investor in energy and then in Jackson real estate. The land for sale is divided into four ranch parcels, three of 115 acres and one of 162, and two adjacent residential parcels, one of 35 acres and one of 37. Conservation agreements limit development on the large ranch parcels to one home and a guesthouse in a designated 10-acre envelope.
Uechtritz said he has received offers for all the acreage and for a variety of divisions of the land into smaller purchases. One party, Uechtritz said, is a conservation buyer who would preserve the ranch land as is.
Uechtritz is known for selling ranches around the West and for pleasing sellers with his success in finding buyers willing to pay good prices.
No price was asked for the Tozzi land when Uechtritz took over the sales effort, but the four ranch parcels had been advertised at $45 million to $62 million, or individually at prices in the $13 million range. The hillside house sites had been advertised at around $9 million.
Until the early 2000s the land was part of the Mead ranch, settled about a century ago by the Hansen family, which included Cliff Hansen, who in the 1960s and ’70s served as Wyoming governor and U.S. senator, and his grandson Matt Mead, who was governor until January.