Situated in the heart of Colorado's revered North Park Valley, the Humbert Ranch presents a robust agricultural investment opportunity with significant production capability supported by a noteworthy portfolio of senior water rights. An operating ranch in its truest form, the majority of the property cultivates North Park's signature grass hay, widely regarded as one of the finest high-protein hay crops available anywhere. Owned and operated by the same family for nearly a century, the ranch's 821 acres carry a storied agricultural history ripe for the arrival of its next chapter under new ownership. Stepping foot onto the Humbert Ranch, the property's lush meadows and serene mountain setting are immediately captivating. Currently, the ranch supports both hay production and seasonal livestock grazing. Unique to the ranch is a comprehensive set of water rights totaling 86.5 CFS and a storage right to North Delaney Butte Lake for nearly 1,600 acre-feet. Nearly 1/2 mile of Hell Creek bisects the ranch, providing live-water for livestock and wildlife alike. An agricultural headquarters serves as the base of existing operations, while ample opportunity exists to construct a residence overlooking the creek or additional operating improvements. The ranch is free from conservation easements, affording its future owner a variety of potential future uses and exit strategies. The ranch shares nearly 2.5 miles of adjacency to the Delaney Butte Lakes SWA, offering access into world-class angling on one of the West's premie fisheries and big-game hunting on over 2,600 acres of public lands. Minutes beyond, hundreds of thousands of acres of additional public lands in the Routt National Forest and Zirkel Wilderness area provide access to 12-month recreational pursuits. Though the ranch's setting is truly private, amenities can be found just 15 minutes away in the town of Walden, while access from the Front Range remains convenient at approximately two hours' drive.