Lake Monticello – $131,100,000 –
Hortenstine Ranch Company
Sponsored by Hortenstine Ranch Company
Property Type: Ranchland, Sporting Property
Price: $131,100,000
Location: Texas
Acreage: 5,700 Acres
Discover an unparalleled opportunity awaiting at Lake Monticello, one of Texas’ largest privately owned lakes. Envision owning a recreational paradise that surpasses all of your dreams, nestled amidst pristine pine and hardwood forest. This property offers a rare opportunity for those looking to dream big. This is not just a lake or a ranch, but a canvas upon which dreams are transformed into reality.
At the heart of these unique 5,700 acres lies Lake Monticello – an expansive 2,001-acre body of water enveloped by 17 miles of idyllic lake frontage. Adding to the uniqueness, is an additional 1.9 miles of lake frontage on Lake Bob Sandlin, providing the one and only piece of property with access to both iconic lakes. Property includes water rights authorizing the impoundment and diversion of water for multiple uses. With a sprawling 36+/- square-mile drainage basin, Lake Monticello is a picturesque retreat creating a haven for outdoor enthusiasts and developers alike.
Imagine the potential of 5,700 acres of prime real estate waiting to be sculpted into your vision of perfection. Whether you dream of creating a private recreational haven, a luxurious waterfront resort, a commercial business use, or an exclusive residential enclave, this property offers the canvas on which to craft your masterpiece.
Joining the variety this property has to offer, progressing north away from the lake edge, one will find a dramatic array of additional lakes, manicured pastures and handpicked timber corridors. This land was once mined for lignite coal and has since been reclaimed by the current owner, who has won a national award for their reclamation efforts. The land boasts an impressive 18 additional lakes ranging in size from 1 to 43 acres. This accounts for almost 222 acres of additional surface water, opening an expanse of recreational opportunities. The property is located within 3 miles from Interstate 30 and a railroad runs adjacent to it.