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Stonegate Real Estate

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Mining Claim Information
By Eric Dickerson
(See Mining Plat at the bottom of this page)
Most of the raw land in Clear Creek and Gilpin
Counties were originally patented as mining claims. This land offers true
mountain living,
complete with views,
wildlife and seclusion. However, for the average buyer, mining claims are
imposing because they are not typical "lot & block" parcels
and it is often difficult to sort through the unique challenges of this type
of real
estate. With the information and the confidence of a experienced and knowledgeable
agency backing you the process can be easy, painless and a fine investment.
These claims are usually 150 x1500 feet totaling 5.16 acres. The long rectangular
shape of the claim is intended to follow a vein of gold or silver. Prospectors
would search the hill sides for gold or silver bearing minerals in the rock.
When they found promising areas they would patent one or more claims with
the local mining districts patent office. The patent office would issue a
unique
number known as the "Mineral Survey Number" (USMS#) or Patent Number
to the claim, and the person patenting the claim would give it a name. Since
claims were intended to follow a vein of gold or silver, often you will find
that several claims cross each other. In this case the intersection of two
claims is usually owned by the owner of the claim with the earliest or smaller
patent number. In the example, notice that the Hidden Treasure overlaps the
Crown Point, dividing the Crown Point into two separate pieces of land.
Over 100 years later, these claims remain as the boundary system for most
of the land in the area. Some have been combined and sub-divided, others
paired
with larger lots, but most of the claims are as they were when they were
patented. Some have never seen any mining at all, others may have a few small "prospect
holes," just a few feet deep and 4 or 5 feet across. Others have had
mines of all depths and sizes dug on them, mill sites erected, and even rail
tracks
laid to haul ore. Along the way, the mineral rights may have been separated
from the surface rights and sold, or even portions of these rights divided
up among different owners. It is more desirable to own both the surface and
mineral rights; however, not having the mineral rights should not deter anyone
from buying a piece of land. Current regulations combined with the low yield
ore in the area makes it very difficult and highly unlikely that someone
would actually mine on your property without owning the surface rights. As
the owner
of the surface rights, one has the right to build only one home per claim,
even in the cases where the claim is split into two non-contiguous pieces.
Before building on raw land there are a few things to take into consideration.
First the access to the property must be legal (recognized by the county) by
either an existing county road that crosses the property or a recorded easement
across someone else's land. While state and national laws say that no piece
of land can be without access to it, achieving this may require lengthy and
expensive litigation. In the example shown, the Druid would have legal access
but the Marian would not.
After access is assured, assessing the feasibility of utilities is next. If
electricity is on or near the property, lines could be run to the building
site. Current cost for this is approximately $3,500 per 200 feet of line, including
the poles and installation. In some areas, electric lines are far away or not
available at all. In these situations alternative energy is an option. Solar
energy and generators are popular choices and are widely used in the area with
great results. A solar system capable of powering a 1500sqft home will cost
about $20,000 today. Considering the price of running power lines 1000 feet
and the future savings of no pay a power bills, solar energy is a great option
economically and environmentally.
Public water and sewer are sometimes not available, so a well and a septic
system will need to be installed on the property before building a home. Wells
vary greatly in depth, but on average in this area we see depths of 300 - 600
feet. Well drilling costs on average about $15 per foot deep. Septic systems
involve a below ground tank and a leaching field. With excavation and installation
the system goes for about $13,000 to $16,000.
Horses are allowed on claims in accordance county requirements. However, in
order to legally water them, you must have a domestic well. To get a domestic
well permit in Colorado, you must have at least 35 acres of land. Usually,
the only way to legally water horses on smaller acreage is to haul in water.
In Clear Creek County, there are two different zonings for mining claims;
M-1 & M-2.
M-1 is mining and residential while M-2 is mining only. M-2s have lower taxes,
but you can't build on them.
Despite all the challenges, mining claims make great building sites, often
offering panoramic views, seclusion and sometimes a bit of history. Some of
the most desirable mining claims are the ones that are surrounded by open space,
National Forest, BLM, or county owned land. In these situations you are assured
(to varying degrees) of having few neighbors, light traffic, and the enjoyment
of the open space without the tax bill for owning large acreage.
Potential land buyers would be well advised to consult a real estate agent
who is familiar with mining claims before buying, and contacting the county
offices about the specific restrictions and laws. At Stonegate Realty we have
a full understanding of the area and the vacant land market. We can now offer
maps, GPS co-ordinates, and claim location for all of our customers.
Click the Image Below to
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What are your needs?
Call or e-mail with your needs
info@stonegate-RealEstate.com
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1501 Miner Street - Unit B
P.O. Box 697
Idaho Springs, CO 80452
Phone: 303-567-1555
Toll Free: 1-866-303-1555
Fax: 303-567-1563
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