Elk Peaks Ranch by Big Sky Sotheby's International Realty

Breathtaking Ranch with Exceptional Hunting Halfway between Big Sky & Ennis, Montana

CONTENTS AREA OVERVIEW Bozeman & Yellowstone National Park & Maps 4-5 Big Sky 6 Ennis 7 OVERVIEW & HISTORY 10-11 HUNTING 12-15 STRUCTURES Main Home 18-27 Guest Home 28-29 Barn 30-31 Moose Camp & Hammond Cabin 32-33 MAPS 34-35 JACK CREEK PRESERVE 36 GETTING HERE 37 ADDITIONAL FEATURES 38 PRICING & CONTACT 39

Welcome to Elk Peaks Ranch, where outdoor recreation and privacy blend with a luxurious mountain lifestyle.

AREA | Bozeman & Yellowstone National Park Southwest Montana is home to Bozeman, Ennis, and Big Sky - the gateway communities to Yellowstone National Park. Bozeman is called “the most livable place” for good reason. No matter what time of year, big skies and unending recreational opportunities will greet you. Enjoy world-renowned fly fishing, dramatic mountains for hiking, mountain biking, rock climbing, skiing, hunting, and backcountry exploring, Yellowstone National Park, and impressive wildlife. When you are ready for a more city experience, dive into Bozeman’s thriving arts and culture communities, ranging from main street festivals, farmers markets, cultural centers and museums to symphonies, theaters, and art galleries. Gallatin County is one of the fastest growing economic areas in the northern Rocky Mountains, known as the high-tech capital of the Northern Rockies. With a vibrant economy, an educated work force, a major research university (Montana State University), a thriving technology and manufacturing sector, and plentiful cultural and outdoor recreational amenities, it’s no wonder that Gallatin County has seen an influx of new residents choosing to move their businesses and families to Montana. There are unlimited sights within a short drive, including Yellowstone National Park, with miles and miles of blueribbon trout streams along the way. Bozeman is also home to Montana State University as well as many other unique venues that capitalize on Montana’s heritage, world-class museums and, most importantly, that small town feel with big city amenities.The Museum of the Rockies is known for its vast collection of dinosaur fossils, the Museum houses some of the most famous dinosaur specimens in the world including Tyrannosaurus Rex and Triceratops. Chico Hot Springs and Norris Hot Springs are excellent spots for local relaxation and retreats. Discover America’s first National Park in your backyard. Steam rises from the earth’s crust and warm the grazing bison. Wolves canvas the Serengeti of the Rockies. Trout dance only feet from fumaroles promising a fishing experience unlike any in the world.Yellowstone National Park is home to a large variety of wildlife including grizzly bears, wolves, bison, and elk. Preserved within Yellowstone National Park are Old Faithful and a collection of the world’s most extraordinary geysers, hot springs, and the Grand Canyon of the Yellowstone.

Old Faithful 4

Historic Downtown Bozeman

MAPS | State & Regional

Elk Peaks Ranch

BIG SKY | Biggest Skiing in America® Big Sky residents come from all walks of life, from those just out of college to those who have created successful businesses here and those who have chosen to retire in the mountains. With a population of about 3,000 residents, the community has a friendly appeal. It’s the kind of place where people wave and know each other by name. Recreation includes back-country skiing, white water rafting, rock climbing, horseback riding, and hiking. golf courses (public and private) with dramatic scenery and occasional widlife. The elevation in the Meadow area of Big Sky is 6,200’, and the elevation at the base area of the ski resort is 7,500’. The iconic Lone Peak -- from which you can see three states and the Tetons -- is 11,166 feet. Skiing in Big Sky is some of the best in North America, with consitent snowfall and nearly non-existent lift lines which access all sorts of terrain: mellow groomers, blue boulevards, and extreme powder chutes. 5,800 lift accessed acres and 4,350’ of vertical drop make the local Big Sky is located in Gallatin County, just one hour from ski resort the Biggest Skiing in America®. Bozeman, Montana to the north, and one hour from Buyers should note that CrossHarbor Capital Partners Yellowstone National Park to the south. The bustling has acquired the Yellowstone Club, Moonlight Basin, and tourist industry gives Big Sky an extra special kick. the Spanish Peaks Mountain Club, creating significant Seasonal visitors and part-time residents are welcomed investment opportunities in the area. and help to make the town feel more alive. Because tourism is the primary industry in the community, a host of entertainment, dining options and activities make Big Sky feel larger than life, and more fun than living just about anywhere else. Free outdoor weekly summer concerts, farmers’ markets, an outdoor ice hockey rink, rodeos, a vibrant softball league, a Classical Music Festival and exciting line up at the Warren Miller Performing Arts Center complement its outstanding recreational opportunities. Summers start out cool with average temperatures in May at about 60 degrees Fahrenheit. The average temperature in July and August reaches mid 70s to upper 80s in the daytime and in the 60s during the evenings. The average daily temperature in the winter averages 25 degrees Fahrenheit. Big Sky has over 25 restaurants, bars and eateries, and over 40 shops, as well as a brand new emergency medical facility and full service grocery store. Their hotels, lodges, and full service spas offer the finest accommodations and options for unparalleled cuisine. There are 4 challenging

ENNIS | Fly-Fishing Capital of the West Ennis lies in the heart of in the Madison River Valley. About 860 people and dozens of businesses provide support services including an emergency care clinic and hospital, groceries, gas, auto repair, library, movie theater, shops, restaurants and lodging. The Ennis Rodeo, 4th of July Parade, the Arts Festival, and Huntersâ&#x20AC;&#x2122; Feed are popular community events hosted in this charming Western town.

Ennis is widely recognized as the fly-fishing capital of the American West. The Madison Valley is known for its pleasantly cool summers and very low humidity. Fall is punctuated by the change in Natureâ&#x20AC;&#x2122;s colors as the aspens turn to gold, and the pasture land to beige. The nights and mornings are crisp, and the days filled with sunshine. Wintertime brings light snow and colder weather, but the sun continues to shine throughout the season, creating a unique and quiet beauty. Spring rains herald the warming trend, and the completion of Natureâ&#x20AC;&#x2122;s cycle of life for the flowers and the abundant wildlife in paradise.

The Madison River is renowned for its large population of trophy rainbow and brown trout, and provides easy access for both waders and drift boat fishermen. The upper Madison (upstream from Ennis Lake) has large stretches of catch-and-release fishing, and fishes well most of the year. Below the lake, the Madison flows through the spectacular Bear Trap Canyon and then on to the confluence of the Missouri River. These lower stretches of the Madison are best fished during the spring and fall months. A short drive away, the Big Hole and Beaverhead Rivers are also quite large providing miles of water to wade and float. For those who want more solitude, the nearby Ruby River is a smaller, more intimate stream that can offer a nice change of pace from the larger waters. There are also many small streams and alpine lakes in the mountains around Ennis. Fishermen who prefer lake fishing also have plenty of choices in the Ennis Area. Hebgen, Quake, and Ennis Lakes are all part of the Madison River system. Short drives off the main highway will get you to more secluded waters such as Cliff and Wade Lakes, or the Ruby Reservoir.

View of Lone, Cedar, and Fan Mountains from the Ranchâ&#x20AC;&#x2122;s High Meadow 8

OVERVIEW & HISTORY Elk Peaks Ranch is a luxury ranch on approximately 1,501 continguous deeded acres of pristine Montana wildlife habitat located half-way between Big Sky and Ennis on a private gated road. It shares a 3-mile boundary with the Lee Metcalf Wilderness (254,635 acres including mountain peaks over 11,000 feet). The Ranch is almost entirely surrounded by wilderness and lands protected in perpetuity by conservation easements. Elk Peaks Ranch is being offered for sale for the first time in over 20 years. Approximately 1,389 of those acres are protected by a conservation easement written and managed by the Montana Land Reliance. There are three parcels in addition to the compound parcel that are not under conservation easement and could be sold, developed, or put under easement for a tax deduction. The Ranch has several year round streams, many artesian springs, and a diverse habitat ranging in elevation from 6,000-9,000 feet. The abundant wildlife includes elk, moose, mule deer, whitetail deer, mountain goats, bighorn sheep, wolf, grizzly and black bear, sandhill cranes, bobcat, bald eagle, lynx, wolverine, mountain lions and coyotes. A multitude of varieties of vivid wildflowers blanket the land.

Fan Mountain and Old Growth Trees

The family compound includes a custom designed 3-bedroom log home, a remodeled historic school house which serves as a guesthouse, a party barn with greenhouse, den and bunkroom. Below the barn youâ&#x20AC;&#x2122;ll find two horse stalls, a tack room, and hay storage. Just outside the barn, there a spring-fed trout pond and a stream that provides water for the nearby horse pastures. In addition there is a luxury off-the-grid cabin bordering the Wilderness, called Moose Camp, and an historic U.S.Forest Service cabin at the South end of the property. The house, guest cabin, barn/game room and Moose Camp cabin all lend themselves to large family gatherings and parties. A total of 6 bedrooms in the compound can comfortably sleep up to 12 people, plus 8 more at Moose Camp.

The current owner, Jon Fossel, and his family bought about 10,000 acres from Moonlight Basin in the 1990s. He served as CEO of Oppenheimer Funds before he moved to Montana 21 years ago, and was Chairman and CEO of the Rocky Mountain Elk Foundation. He is the cofounder of the Jack Creek Preserve Foundation, a 4,600acre wildlife preserve whose mission is conservation and outdoor education. The Preserve borders the Elk Peaks Ranch on the East and creates a land bridge between the North and South Lee Metcalf Wilderness to protect a vital wildlife migratory corridor.

Activities we enjoy the most: • Hiking and horseback riding into the Wilderness • Photographing wildlife and wildflowers • Bow hunting • Fishing • Skiing and snowshoeing • Looking at the views • Having a glass of wine in the hot tub

The beauty and profusion of wildflowers from midJune to mid-August will take your breath away. First are the Glacier Lilies and last are the Indian Paintbrush. When hiking or riding there are moments you will think you are viewing a Monet wildflower painting. The surrounding snowcapped peaks are truly stunning. The Ranch is surrounded by: the Lee Metcalf Wilderness, another large private ranch under conservation easement, and the Jack Creek Preserve. The Ranch has quite a number of artesian springs and creeks that flow year around. The water is clear, clean and deliciously cold, including our spring fed drinking water. There are 10-15 miles of abandoned logging roads on the ranch that are in good condition and can be travelled easily by 4WD, ATV, snowmobile, horseback or by foot. In addition, there are two foot and horseback trails that provide private access into the Wilderness.”

• The property is wild and will stay that way in perpetuity thanks to conservation easements

The micro-climate of Ennis and the Elk Peaks Ranch in particular, make it quite enjoyable year round. The summer’s average high is in the low 80’s with little humidity and very little rain (1-2”). The winter’s average Some reflections on the Ranch from the owner: low is in the mid-teens with average monthly snowfall “When I first came up the Jack Creek Canyon over each month of 10-15”. Due to the high (10-12,000’) 20 years ago, and later down from Big Sky, I knew I had mountains surrounding the ranch (house is at 6,700’) discovered the perfect place! The diversity of habitat there is rarely any wind. ranging from willow creek bottoms to high alpine meadows is host to a tremendous variety of wildlife • Privacy/Exclusivity/Security due to gated access. and wildflowers. We frequently see elk, moose, and • 10 miles to Moonlight Basin/Big Sky Ski Area, the deer from our living room or kitchen windows. We have largest skiing in North America, all on a private road photographed moose twins and whitetail triplets from that is well maintained all year long. our deck. For hunters the trophy quality of the elk and mule deer is exceptional. The ranch has been very lightly • The property is easily traversed through miles of abandoned logging roads and trails either by 4WD, hunted in the past 20 years, primarily by family members, ATV, snowmobile, horseback or on foot. most of whom are bow hunters. There have been a number of bull elk killed in the 340-380” range (largest • 3-mile border with the Lee Metcalf Wilderness, 385” 7x7) and the largest mule deer shot with a bow Spanish Peaks North Portion. This portion of the scored 218 P&Y points. The whitetail population has Wilderness is extremely difficult for the public to grown considerably in the last several years with several access, but easily accessed by 2 private trails from scoring in the 150-170” range. the Ranch.

• World Class Views: To the south you see panoramic views of Lone, Fan and Cedar Mountain Peaks.To the west you see the sun setting over the Madison Valley and to the north is Jordan Ridge and the jagged Spanish Peaks to your east. • The abundance and variety of wildlife provide the experience of having your own Yellowstone Park without the tourists. Many of the owner’s guests say they see more wildlife on the Ranch than they see in Yellowstone Park. • Ancient peoples frequented the ranch and the adjacent Wilderness, teepee rings and arrowheads have been found.”

HUNTING | Stories of the Adventure Elk Peaks Ranch is 1,501 acres bordering the 255,000 acre nearly inaccessible Lee Metcalf Wilderness for three miles. The property is a haven for trophy elk, mule deer and whitetail deer. In addition, there is a significant population of black bears, a number of Shiras moose, and mountain goats. There is also a healthy population of blue, spruce and ruffed grouse. Due to its extensive network of abandoned logging roads and hiking trails all areas of the Ranch are fairly easy to access by 4WD, ATV, foot and horseback. The large number of year round creeks, springs and seeps attract and hold game on the Ranch.

[ Elk ] The huge 7x7 bullâ&#x20AC;&#x2122;s bugle echoed all the way up the mountain. He was a long distance below me in an open meadow with about 30 cows and three satellite bulls. I had heard his bugle as I climbed a trail from the Ranch into the Wilderness. I quickly turned around and made my way down to him. When I crept up to the meadow he was still there and still bugling about 75 yards away surrounded by his cows. While I contemplated my next move he walked behind a small knoll allowing me to sneak within 40 yards without being spotted. He was broadside and my arrow went through both lungs. He ran 50 yards and dropped. Fortunately he fell close to one of our logging roads and we were able to drag him into our truck. His gross score was 368 and netted 362 P&Y points. My biggest yet.

September the bulls tend to bugle until mid-morning and then start up again in the late afternoon. My son and I will usually try to intercept the bull that is the closest and sounds the biggest.

Often we will hike up one of the two private trails that we have maintained allowing us an easy route into the Wilderness. The trails give us the opportunity to access many remote basins and ridges where we have never seen another hunter. Bulls respond well to bugles and cow calls, often coming as close as 10 yards. We have also had good success waiting in our tree stands by one of the many wallows on the Ranch. We discover new wallows every season in the dark timber or on the edges of high meadows. During rifle season in October and November we have found that spot and stalk is most My son, also a bow hunter, has succeeded in taking effective. The big bulls tend to be at lower elevations and four 6x6 satellite bulls scoring in the 300 point range.The often stay there all winter. ranch has a sizable population of trophy class elk, some exceeding 400 points with the average being around 330 points. We take very few (1-2) elk each year partly because we are bow hunters and partly because I am a trophy hunter not wanting to take one unless it is larger than the last one I shot. Our largest scored 385 B&C points. Our hunt usually begins at first light when we drive a short 5-15 minutes from the house up one of our many logging roads. We stop at one of several overlooks as dawn is breaking to look for elk and listen for bugles. We will often hear several. During archery season in

HUNTING | Trophies of a Lifetime [ Deer ] The tall antlered mule deer crossed a logging road about 100 yards in front of our truck. He was followed by 5 does and a 30” wide 5x5. As I was getting out of the truck to stalk the big mulie buck my friend said, “Don’t shoot that one!” A huge non-typical buck was following the group. After a careful stalk I was able to shoot the 35 1/2” wide 14 point buck that scored 218 points. The ranch has strong populations of both mule deer and whitetail deer, many reaching trophy quality. The mule deer tend to frequent higher elevations and steeper ridges. We are often successful stalking deer during archery season while elk hunting. During rifle season the mule deer move down from higher elevations and can be found in several areas of the Ranch nearly every day. The typical buck will be a 4x4 and 22-24’’ wide. The whitetail population has grown significantly in recent years. They tend to be around the meadows and creeks near the house. We have taken several over 140 points with the largest being a 156 pt. 5x5 shot by my wife. [ Fishing ] The Ranch lies between worldclass fishing in the Gallatin and Madison Rivers. There are many hidden mountain lakes in the Wilderness that you can hike or horseback ride to from the Ranch. The Ranch has a trout filled pond behind the barn. In addition there may be opportunities for more ponds utilizing the many springs and streams on the Ranch. 14

[ Bear ] During the fall we will see a few bears up high but in the late spring they seem to be everywhere. As they come out of hibernation you will find them feeding on shoots of green grass and wildflowers along the logging roads. They come in all color phases from jet black to blonde. Not having great eyesight they are fairly easy to stalk if you have the wind right. We have also been very successful calling them, sometimes too close, using a calf elk call.

[ Mountain Goat ] There is a sizable mountain goat population on the peaks in the Wilderness behind the Ranch. They are easy to reach from our logging roads. They are rarely hunted so if you lucky enough to draw a tag they are as close to a sure thing as you can get. We have been fortunate to draw two tags and take two goats over the years.The greatest problem facing my son a few years ago was to decide which of the 16 goats in range to shoot when he stepped from behind a rock at [ Moose ] There is usually a trophy moose or two in the full draw. He ended up with a fine 9 ½” trophy but we lusher wet areas of the Ranch. During their rut they are have spotted several approaching 12”. easy to approach by grunting and holding our bows on [ Grouse ] While we are not bird hunters, we have no top of our heads. When I was fortunate enough to draw doubt that a hunter with a shotgun and a good dog a tag I took a bull that scored 154 7/8 P&Y points. would have great sport.

STRUCTURES | The Compound Overview The family compound includes a custom designed 3-bedroom log home, a remodeled historic school house which serves as a guesthouse, a party barn with greenhouse, den and bunkroom. 12 people can comfortably sleep within these buildings and many more can be entertained.

Irrigated landscaping and gardens surround the compound and create a lush, inviting atmosphere.

The Main Home • Built by Michael Casey with Authentic Montana Homes in 2008 • Designed by Alpine Log Homes • Situated at 6,700’ elevation • 3,900 heated livable square feet per the owner, plus 832 sqft in the heated garage and workshop • 3 bedrooms and 2 full bathrooms and 1 powder room • Standing Steel Seam roof and British Columbia 12” square hand hewn logs • Heat source is a 5-zone in-floor radiant system • Generac 40kw automatic backup generator powers the entire main house. It runs off of four 1,000 gallon buried propane tanks that power the entire compound and are filled 2x/year for year-round occupancy. Propane cost: $11,562 for all the buildings in 2013-2014 • 3 Rivers Communication provides fiber optic high-speed internet • Northwestern Energy provides buried underground power and costs approximately $2,700 for 2013-2014 • DirecTV provides satellite programming

MAIN HOME | 3 BD, 2.5 BA, 3900 Square Feet

The main level has an open floorplan with a living area, office, den, dining area, and entryway.

A hand carved elk scene on the 42” front door and 2’ glass sidelights with airlock entry and large covered porch. The flooring through the first floor is reclaimed 6”-wide blue washed pine planks. Amidst the massive lodgepole logs and beams, the great room’s central feature is an amazing 23’ high, 12’ wide 3-sided fireplace made with mossy rock harvested from the property. It can be enjoyed from the den/office, kitchen, dining area and great room. It will accommodate 5’ logs and has custom forged ironwork.The south-facing wall showcases 7’ tall windows with spectacular views of Fan and Lone Mountains. A wet bar sits near the pool table, den, and great room (pool table and chandelier do not convey) and features granite counters, custom tiles depicting local wildlife, and a Stainless Kohler bar sink, U-line refrigerator and icemaker. In the comfortable office/den, you’ll find a 54” Samsung TV with stereo/CD sound system (wired throughout the house and exterior decks), a built-in desk with large cabinet and drawer spaces, and a door to access to the deck. Between the kitchen and the garage, there is a laundry room with a Whirlpool Duet washer and dryer, mudroom, and a pantry. The 2-car attached garage has radiant heated floors, a workbench and separate work area, an extra freezer, and an attached carport.

Downstairs, there are 2 bedrooms, each with sliding glass doors that open out to the terrace and hot tub. One bedroom is currently utilized as an office and the other is affectionately called the “Bears’ Den”. There is one full bathroom with charming bear and pinecone tiles. The exercise room doubles as a den with a Bowflex fitness machine and a Life Fitness treadmill, ballet bar and mirror, sofa and 42” Samsung TV. The crawl space is core bonded. The mechanics of the home are impressive: a fire suppression system, significant storage space, two Weil McLain boilers, controls for the Rainbird landscaping sprinkler system, and a water softener.

Three-sided moss rock fireplace in the great room 20

The kitchen has thoughtful finishes and luxury appliances alongside stunning mountain views. The kitchen provides a great view of Fan Mountain through a five-foot bay window and opens to a 610 sq. ft. bilevel entertainment deck (Trex decking) with a Napoleon 48” gas/charcoal grill. Finishes include gray barnwood from an old Ennis barn and complimentary gray and blue granite counters. Custom handmade tiled backsplash features vegetables. Appliances include: GE Monogram 30” wall oven, microwave, and a 42” stainless refrigerator/freezer, a 28 bottle dual zone wine cooler, Viking 42” propane 4-burner stove and grilltop with 48” wide, 4-speed lighted stainless steel Viking hood, a Kohler 5’ wide stainless double sink and drain board, Sharp microwave drawer, and a Bosch dishwasher with a wood front. The blue gray custom cabinets and two appliance garages offer substantial storage. A recipe desk and bookshelf adjoins the breakfast nook and offers stunning mountain views. The dining area -- between the fireplace and a passthrough to the kitchen -- seats 8-10 people. The powder room features handmade wildflower tiles and embroidered linen curtains. 22

Powder room

Dining area adjacent to the cozy fireplace

Moss rock detailing on the stairwell to the lower level 23

MASTER SUITE Down a few steps is the completely private Master Wing. Within the Master Bedroom, there is a skylight, great views to South, and a barn wood awning, which creates a sheltered space above the bed. The antique nickel-plated wood stove does not convey. A flat-screen TV saves space with a hidden control panel.There are two large his & hers walk-in closets.The master bathroom features a walk-in two-person shower and skylight with separate Kohler adjustable showerheads, a jetted Kohler 2-person jacuzzi with views of Lone and Fan Mountains, his and hers sinks and toilets, granite countertops, a dressing table, linen closet and laundry hamper. There are also substantial storage cabinets and drawers, a skylight over the shower, and instant hot water on a timer. Off of master bedroom suite, there is a 400-square foot Trex deck, with a Sundance 42-jet 6-person spa with mood lighting.

Stunning backdrop for entertaining 26

GUEST HOME | 2 BD, 1 BA, 1200 Square Feet

This historic schoolhouse from Nye, Montana was originally built in 1902 and was then moved to the Ranch and completely rebuilt in 2009. Itâ&#x20AC;&#x2122;s a two-story building with approximately 1,200 square feet and an attached garage. The upper floor layout includes an ensuite bedroom, an adorable lofted bunkroom, and an unfinished storage room. Downstairs, there is a cozy living area with a spot to add a wood stove, and a full kitchen, perfect for guests.The country style kitchen has custom wood cabinets, an under-counter refrigerator, electric range and oven. Other details include antique lighting, whitewashed barnwood interior siding, custom iron hardware, and built-in bookshelves. Forced air heat keeps the cabin warm and there is access to the crawl space near the front entry. You can access a 1-car garage with attached carport via the kitchen, as well as a fenced-in dog yard with a covered run from garage.

The guest home offers its visitors charm, authenticity, and privacy 29

PARTY & HORSE BARN | 1400 Square Feet

The barn was built in 2010 with recycled antique red barnwood siding, log beams, and a patina metal galvanized roof. The main floor of the barn was conceived with entertaining in mind. Under the 18’ vaulted ceiling, there is a large bar with refrigerator and sink, a TV nook with couches, and ping-pong and air-hockey tables.The covered porch on three sides affords gorgeous views of the mountains and adjacent pond. It contains a south-facing 11’x17’ greenhouse for growing flowers and vegetables year round with automated hydraulic windows for proper ventilation. A ¾ bathroom on the main floor can be used as a powder room and for the 4 bunks upstairs.The lower level contains a workspace, small garage, tack room, and 2 horse stalls with rubber mats and hay storage.There is a 10-acre fenced paddock with a stream from the pond for horse water. The paddock connects to another large pasture.

MOOSE CAMP & FOREST SERVICE CABINS

At about 7048â&#x20AC;&#x2122; elevation, and one mile from the Owners Compound, Moose Camp is a romantic escape with wonderful views of mountains, wildlife and wildflowers. The log cabin is off-the-grid but has spring-fed water, a flush toilet, hot and cold running water, and a shower. Though the cabin does not have electricity, there is a propane tank, which supplies energy for a small cook top and propane refrigerator. The cabin has sleeping quarters for 6 in the bunkroom in the loft, as well as one bedroom and bathroom on the main floor. The living room and galley kitchen overlook a darling dining area that offers some of the best views from the whole property. There is a fenced horse paddock with running water and spectacular panoramas of the mountains. You can drive or ride to the cabin from the main house or snowshoe or cross country ski in the winter. An artesian spring provides gravity fed water to the Ranch headquarter buildings. The cabin does have cell phone service.

The Historic Hammond Creek Forest Service Cabin and Moose Camp Cabin are off-the-grid basecamps for adventure, recreation, and discovery.

PRIVATE PROPERTY PROTECTED BY CONSERVATION EASEMENT

ENNIS

JACK CREEK PRESERVE

BIG SKY

JACK CREEK PRESERVE | History & Overview The Jack Creek Preserve adjoins Elk Peaks Ranch to the East and South. The Preserve and its Foundation were created by the Fossel family in 2005 to promote wildlife conservation and youth education. The Preserve is a 4500-acre protected area in the Madison Range of southwest Montana, between Ennis and Big Sky. The property connects two separate sections of the Lee Metcalf Wilderness Area, extending critical wildlife habitat from Yellowstone National Park to the Gallatin Valley and northward. The Foundation is a nonprofit organization funded by donations and volunteers. The Preserve boundaries were strategically drawn so that it connects the northern and southern portions of the Lee Metcalf Wilderness. The Preserve also carries a conservation easement, limiting development and protecting a wildlife corridor that spans from Yellowstone National Park to the Gallatin Valley.

GETTING HERE | By Land & Air Bozeman Yellowstone International Airport serves the area for both commercial and private air travel, including helicopter traffic. It is the busiest airport in the state of Montana, according to 2014 statistics. Privately owned garages offer a convenient option for potential buyers. It is about less than 90 minutes from Elk Peaks Ranch (either via Ennis or Big Sky). Alaska Airlines, Allegiant, Delta, Frontier and United Airlines offer direct flights to Seattle, Portland, Las Vegas, Phoenix, Minneapolis, Salt Lake City, New York LaGuardia and Newark, Atlanta, Los Angeles, Denver, Chicago, San Francisco, and Houston. The Yellowstone Jet Center is a private aviation operation located adjacent to Bozeman Yellowstone International Airport (BZN). It features 96,000 sq. ft. of hangar space and can accommodate up to a G550. As a full-service FBO, the Yellowstone Jetcenter has the comforts of home with the capabilities of home base. Their services include aircraft maintenance by Signature TECHNICAir, heated aircraft storage and quality ground support., a Weather Flight planning room, snooze room, private reading room, and shower. It is operated by Signature Flight Support. The Ennis - Big Sky Airport is an FBO airport for private aviation is closet to the Ranch just South of Ennis and features a 6,610â&#x20AC;&#x2122; runway, as well as hangar space and a heli-pad. Interstate 90 runs from Seattle to Boston and stops conveniently in Bozeman and provides easy access to Missoula, Livingston. and Billings

ADDITIONAL FEATURES Of the 1,501-/+ acres offered for sale, approximately 1,389-/+ acres are under conservation easements held with the Montana Land Reliance. The remaining acreage is unencumbered and may be developed further. Please inquire for a copy of the easement documents in their entirety. See the maps on the previous pages for representations of which land can be developed, the location of additional homesites, and boundaries. Taxes in 2013 were $4,282 for the entire Ranch. Itâ&#x20AC;&#x2122;s considered mostly agricultural land due to a livestock-grazing lease. A Madison Valley cattle rancher grazes 300-/+ pairs in July and August, which provides income to the Ranch, is beneficial for fire management, and is attractive to wildlife. The house compound is fenced out from the cattle. All water rights and mineral rights owned by the seller appurtenant to the property convey to the buyer. The seller believes there are no subsurface mineral rights. The Montana Land Reliance and Madison County oversee any surface rights. The water source for the compound is a gravity fed artesian spring. Water Right #41F 30015755 filed in 2008 and 2013. Ground water certificate #30015755 for compoundâ&#x20AC;&#x2122;s spring. The legal description has been determined by the preliminary title commitment. and can be provided upon request. The ranch is not subject to any zoning regulations. Neighboring landowners share a Ranch Manager and could continue to do so. Hunting licenses can be easily obtained over the counter for Montana residents. Non-residents will need to draw a tag and can expect to do so with about 95% certainty. Jack Creek Road is a well-maintained private gated gravel road owned by a subsidiary of CrossHarbor Capital. The Seller may do a 1031 tax deferred exchange at no cost to the Buyer. Insurance provided by Chubb.

Aerial Video : www.ElkPeaksRanchVideo.com Interactive Map : www.bit.ly/ElkPeaksRanch

PRICING & CONFIGURATION Elk Peaks Ranch – $18,750,000 Elk Peaks West – $14,500,000 Elk Peaks East – $6,500,000 The Western Configuration 1,148 Acres including the Owners Compound, two additional building sites and 1.5 miles of a shared boundary with Wilderness

The Eastern Configuration 354 Acres including Moose Camp, one additional building site and 1.5 miles of a shared boundary with Wilderness

For further information or a tour, please contact the exclusive listing brokers Tallie Lancey, Big Sky c. 406-600-8081 Vivian Bridaham, Bozeman c. 406-580-7516 Brokers with Big Sky Sotheby’s International Realty Offer is subjecty to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classificiation, conservation easments, maps, etc is intended only as a gneeral guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purcahses are encouraged to research the infomration to their own satisfaction.