This $6 Million Compound in Colorado Is a Fly Fisher s Paradise

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1 BloombergPursuits 5 f t lh s Bloomberg the Company & Its Products Bloomberg Anywhere Login Bloomberg Terminal Demo Request REAL ESTATE This $6 Million Compound in Colorado Is a Fly Fisher s Paradise Once a fshing camp for families, it truly is the perfect home for an angler. Or 30 of them. By James Tarmy August 1, 2017, 2:28 AM MDT Robert Sinclair was in his early 30s when he began looking for a property out West. I was starting a family and was looking for a place to go fshing and get out of the Texas heat, says Sinclair, the owner of Castleton Energy Corp.,an oil and gas investment company. Montana was an obvious choice, but when he discovered the state was changing its stream access laws (which dictated who could have access to a river, and when), he began to look in Colorado. It s one of the few places where private waterproperty is, in fact, private, he says. If you own both sides of a river, you can fence it off if you want.

2 The Sinclair property has more than three miles of private river. Source: Hall and Hall Soonafter, Sinclair came across just such a property during a summer bike ride. About 30 miles from Telluride, the 318-acre parcel hugs the San Miguel River for more than three miles. I grabbed my rod, went down, and caught a few fsh, he recalls. The only thing onit was an old barn, an electric line that ran across the property, and agravel pit. After conducting some water tests and what Sinclair called minor due diligence, he determined the river had an ample stock of fsh in need of minor improvements, at most. Something as basic as [instituting a policy of] catch and release for visitors, he says. After a bit of negotiation, he bought the property in 1986 for $356,000.

3 The houses were built to ft in with, rather than dominate, the landscape. Source: Hall and Hall Sincethen, Sinclair and his family have developed the property, building three houses and three guest cabins along with pavilions and support structures; for more than 20 years, it s functioned as a private fshing club for the Sinclairs and 10 to 15 other families all of whom bought membership shares. Now that all the sustaining families children are grown, we all seem to be traveling to them, rather than them coming to us, Sinclair says. With his sister, he bought the other shareholders out and has put the property on the market, listing it with Jeff Buerger at Hall and Hall for $5.95 million. And not for nothing, the fshing is remarkable. The San Miguel River, which eventually connects with the Colorado, has really cold trout water and bugs galore, which means plenty of fsh food, he says. What happens is all these fsh end up stacking up we learned that over the years.

4 The pool pavilion. Source: Hall and Hall Fitting the Landscape Afterbuying the property, Sinclair hired Denver architect Peter Dominick to design the compound s houses. I few him down in January we were walking around in waist-deep snow, Sinclairsays. But I was able to give him my broad concept.

5 A protected forest surrounds the compound. Source: Hall and Hall Heenvisioned a main house, a common clubhouse, ponds, and cabins. He and Dominick crafted a site plan and began construction that spring. By 1989, the frst three-bedroom, three-bath, 2,377-square-foot house was built on a bluff overlooking the river. The three guest cabinssoon followed, along with what Sinclair calls the Day House, a large informal clubhouse with a dining room, large commercial kitchen, and expansive porch.

6 A dining area in one of the two main houses. Source: Hall and Hall Almost10 years later, Sinclair built what became his own residence, a two-story, 3,451-squarefoot structure with a grass roof that keeps the house insulated in the winter and cool in the summer. Our goal wasn t to build these big trophy buildings, he says. It was the landscape we liked, so we built the houses to ft withit. A fnal, three-bedroom house for the caretaker was completedin 2008.

7 The property includes two swimming pools. For one, Sinclair hired Gerald Ross Architects, basedin Telluride, to build a pool pavilion, a two-story structure with a small kitchen and large terrace, changing rooms, sauna,and spa treatment room. The compound can comfortably accommodate 30 guests. The compound includes two pools. Source: Hall and Hall Fishing Club

8 For the frst few decades he owned the property, Sinclair operated the fshing club; many of the members enjoyed fshing, he says, but the way I looked at it, the river is a sort of golf course or golf club, he said. You don t have to be agolfer to enjoy being a member. A dining area. Source: Hall and Hall Thearea is totally secluded and surrounded by government and state preserves. We have no neighbors, he says. When you turn off the lights, it s truly dark. That said, it sabout a 40- minute drive from the Telluride ski resort, so should gueststire of the complex, there s always the option to go skiing or biking.

9 The area is a destination for fy-fshing. Source: Hall and Hall The fshing experience, however, is world-class. The various kinds of trout include rainbow, brown, and cutthroat.because the San Miguel River isn t dammed, it svery wild, Sinclair says. Every spring, I step into a different river; right now [the velocity] is about 200, 250 cubic feet per second; in June it was about 1,800, he says. It changes every year. But the fsh are still there.

10 The property's two ponds are stocked with fsh. Source: Hall and Hall Before it's here, it's on the Bloomberg Terminal. LEARN MORE From The Web Sponsored Links by Taboola Bozeman, Montana: This Brilliant Company Is EverQuote Insurance Quotes Reclusive Millionaire Warns Americans: "Get Stansberry Research 3 Foods To Avoid In 2017 BIO X4 Supplement

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