Russ Lyon Sotheby’s International Realty has listed The Last Outpost, currently the only piece of patented land available for sale on the Continental Mountain.
Located on historic mining land, 8545 E. Sierra Vista Drive in Cave Creek is now listed for sale at $1.75 million by Russ Lyon Sotheby’s International Realty Agent Preston Westmoreland.
The property is 40 acres at almost 4,000 feet in elevation with a possible helipad. It’s surrounded by BLM land, but located on a sheer cliff overlooking the lights of the Valley, according to a press release.
Patented land means that all mineral rights to the land are included, the release stated. It is the highest form of land ownership in America since they do not patent mining land anymore. A federal moratorium was enacted by Congress in 1994 on patented mineral parcels which prohibits the Bureau of Land Management to accept any new patent applications.
Westmoreland said it’s ideal for a family compound, a survivalist or someone who wants an off-the-grid “bug out” spot. A “bug out” spot is a safe area that someone could retreat to in times of trouble.
“If you like land with a historical background, this is one of the most unique properties currently on the market in Arizona,” Westmoreland said in the release. “With its rooted history of gold mines and patented land, the new buyer of this property will have a great time exploring and learning about where they are living whether they are riding in ATV’s or doing some target practice.”
The property contains a historic gold mine. This is where the Cave Creek Museum gets its gold ore to demonstrate the stamp mill once a month. The gold ore was taken down the mountain on a cable car tran system to a stamp mill at the bottom.
Westmoreland said the price of gold has risen to near record levels in recent weeks, over $2,000 an ounce.
“What’s better than buying land with dirt? Buying land with gold!” he said according to the release.
The mine tunnels and remnants of famous mines like the Golden Reef were used as a Hollywood filming location by producer Adrian Carr, known for Crocodile Dundee.
The property has a rich history dating back to 1903. The land was claimed by a Mormon pioneer family named the Steele’s who arrived in a coverage wagon. Their son Horace worked in the gold mines and later became a multi-millionaire who set up a foundation to benefit worthy causes in Arizona. One of the recipients is the Steele Indian School Park in Phoenix, according to the release.
It is 30 minutes from Cave Creek to the remote property and less than two miles from Scottsdale, Carefree or Cave Creek but feels worlds apart.
View the property with a video tour available at The Last Outpost or www.LuxuryDesertHideaways.com.
