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Mammoth Mine and Pristine Mountain Property with Creek

ACTIVE 145.54 +/- Acres ($30,919/acre) $4,500,000
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All boundary lines noted in pictures, aerials or maps should be considered estimates and not relied on as legal documents or descriptions.

Why You'll Love It

This unique property is 145.54 acres has been owned by the same family for more than 120 years. The property is a privately held land parcel surrounded by BLM land on all sides. The Patented Mining Claim is for approximately 140 acres and also includes Patented Mill site on the property. There is abundant wildlife in the area passing through the property. This is an alpine setting with a year round creek flowing through a large meadow on the property. Most of the property is located 7,000 feet above sea level. For hunting there are thousands of acres of adjoining BLM land surrounding the property. The area is also a popular snow mobile riding area with groomed trails nearby. Mining operations for the once active Mammoth Mine were suspended in the 1930's due to gold ownership restrictions. The property is accessed by Summit Flat Road from ID 21 approximately six miles to the south.

Please contact Agent for any additional information concerning Property.

Read More

Parcel #/ID

P08N06E260034 and RP08N06E26E250045

Legal Information

Legal Description- Mammoth Group LLC Properties:

RP08N06E260045 - 140.57 +/- acres – T8N R6E SEC PAT MIN 3581, MILLSITE 3591

RP08N06E250045 - 4.97 +/- acres - T8N RGE SEC 25 PAT MIN 3581

 

Unit Size:

6,426,842 SF

Property Highlights
Hunting, Fishing & Recreation Fishing, Upland Game, Waterfowl, Turkey, Equestrian, River/Creek/Stream, ATVing, Camping, Elk, Hiking, Mule Deer, RV-Friendly, Bear, Snowmobiling
Timberland Investment Hardwood
Homes, Cabins, Acreages & Lots Vacant Land
Energy & Natural Resources Water Rights, Mining
  • The property is surrounded by National Forest Service land on all sides. It is an alpine location that experienced a fire in 2016 that burned some of the timber north of the mine. There is abundant water on the property with several varieties of waterfowl migrating through the area. Grimes Creek flows year round through the property.
  • This property has significant wildlife passing through the property including elk, mule deer, bears and bobcats. There is hunting on the property and through out the BLM land surrounding the property. Winter activities for this area of Boise County are focused on Snow Mobile trails that are groomed during the high activity months. During the summer months ATV activity is extensive in this mountainous region of Idaho.
  • The dominate activity on the property was mining. This occurred from the early 1850's to 1933. Idaho City was the prominent community in the area with more than 20,000 people living there during the height of gold activities for Boise County. The population for Idaho City today is approximately 450 people.
  • Mammoth mine is well known in Idaho and was a productive mine for placer gold in the Idaho City mining community until the government declared that individuals could not own gold as of May 1, 1933. Before that an estimated $650,000 in gold had been taken from the Mammoth claim. At the then current price of $20.67 per ounce this represented approximately 31,500 ounces of gold ore. According to the owners the ore was some of the highest grade ore found in Idaho. At today's current price at approximately $1750 per ounce the gold removed would be worth more than $50 million. If you desire more information concerning this unique property, please contact the agent, Todd Walter at Twalter@nationalland.com
  • From the reports made by the owner in 1933 when mining operation were suspended there should be significant gold ore deeper than mining operations went then due to water infiltration in the mine shaft that can be easily dealt with by current mining technology. There are additional veins off from the main mine shaft where significant ore deposits are suspected but never mined.
  • There is an assay report taken in 2007 of the tailing deposits above ground. This assay reports are available to prospective buyers of the Mammoth Group, LLC property.
  • This property and rights to specific BLM lands represent an island in the Boise National Forest. There still remain deposits of gold and silver most likely below the 200 foot level where flooding occur in the 1930's and possibly in another vein not excavated with in the Patented Claims known as Fourth of July, Fourth of July No. 2 and Fourth of July No. 3.

Estimated Acres:

145.54 +/- acres of land. There are 145.55 acres of Patented and unpatented Claim Land of which 140.572 acres are Patented Claim and 4.978 acres are for Patented Mill Site. Also, the owners are selling all their rights to 100 +/- acres of unpatented BLM land that is adjacent to the property.

2020 Taxes:

$663

Listing ID#:

2772617


Location
750 Summit Plat Road
Idaho City, ID 83607
Coordinates:

44.002451693233 , -115.71268154819

Summit Flat Road is approximately 19 miles on ID 21 traveling north from Idaho City. Make a Left turn onto Summit Flat Road from ID 21. The Mammoth Mine property is approximately 6 miles from ID 21. Or, also from Idaho City and less mountainous, take Centreville Road north, at Grimes Creek Road turn right. Follow Grimes Creek Road to Summit Flat Road turn right and follow Summit Creek Road until you reach the Mammoth Mine meadow on the right continue to the entrance and bridge over Grimes Creek.

All land qualifies for a 1031 exchange!
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