private property rights do not extend to permissible infringement on others property rights..
for instance building codes prevent u from building giant shit pile on your property and thus diminishing neighbours property values through visual pollution and stench, not to mention groundwater contamination and attraction of coprophiles to previously pervert-free neighbourhood
so- society can thus regulate your property in as much as is required to maintain the commons - this may include habitat of endangered species, eg salmon streams flowing through your property etc. not a stretch to extend this to wetlands housing endangered species.
see also agricultural land regulation (BC) keeps farmland as farmland, prevents from being sold to developers for condomundo crackerboxes