26 Acres on the Lower Madison

Three Forks, Montana

$750,000

26± Acres

INTRODUCTION

Nestled within the scenic landscape of Madison County, 26 Acres on the Lower Madison encompasses approximately 26± acres of pristine land, boasting 0.12± miles of picturesque riverfront along the famously known Madison River. Located north of the Cobblestone Fishing Access Site, this section of the Madison River offers deep, slow holes providing ample opportunities for fishing. The Gallatin, Yellowstone, Jefferson, and upper portions of the Madison River are located within 15 to 60 minutes from the property and are some of the world’s most famous fly-fishing rivers. The property’s close proximity to these rivers makes it a coveted retreat for those seeking unparalleled angling experiences.

26 Acres on the Lower Madison is dotted with outbuildings that can be restored or cleared for constructing off-grid recreational buildings. The wetlands’ natural features and Darlington Spring Creek’s flow bring ample water to the property. Its diverse ecosystem attracts many wildlife, including waterfowl, making it an ideal habitat for wildlife observation and other outdoor recreational pursuits. Offering breathtaking vistas of the Spanish Peaks Range, the Madison Range’s limestone cliffs, and glimpses of the Tobacco Root Mountain Range, the property is a haven for those who like to unplug and enjoy natural beauty.

Conveniently located 15± minutes from Three Forks, Montana, and 30± minutes from the renowned Bozeman, Montana, 26 Acres on the Lower Madison offers the advantage of river frontage for various outdoor recreational opportunities while being conveniently close to world-class amenities, making it an ideal opportunity to embrace Montana’s outdoor recreational lifestyle.

26 Acres on the Lower Madison | Three Forks, Montana

QUICK FACTS

• 26± acres in Madison County

• 0.12± miles of riverfront property on the Madison River

• Enjoy fly fishing along the Madison River, with ample opportunities to catch impressive large brown trout and rainbow trout

• Multiple outbuildings on the property

• Natural wetlands and Darlington Spring Creek flowing through the property

• Dramatic views of the Spanish Peaks Mountain Range, the high limestone cliffs of the Madison Range, and the tip of the peaks of the Tobacco Root Mountain Range

• Abundant wildlife habitat, attracting a wealth of waterfowl and other wildlife

• 15± minute drive to Three Forks

• 30± minute drive to Bozeman

• 70± minute drive to Big Sky Resort

26 Acres on the Lower Madison | Three Forks, Montana

RECREATION

The 26 Acres on the Lower Madison stretches approximately 0.12± miles of the Madison River. This section of the river offers some deep, slow holes along some braided side channels and islands, providing diverse fishing opportunities. Multiple braids and islands create a wetland paradise ideal for wade anglers. Large brown and rainbow trout swim in these waters with the chance to hook a fish in the 6 to 8-pound class. It is common to see mature brown trout cleaning up gravel inside channels during the fall months to complete their annual spawn. In the spring, large rainbows follow suit. Finding a location where you have more quality fishing options would not be easy.

The Gallatin, Yellowstone, Jefferson, and upper portions of the Madison River are located within 15 to 60 minutes and are some of the world’s most famous fly-fishing rivers. These rivers are known for their dry fly fishing. Throw in some of the best streamer fishing in the state, as well as excellent nymph fishing, and you’ve got a variety of rivers that can provide a lifetime of entertainment. There are fish in these rivers that exceed 24 inches.

Other world-class fishing rivers within 1 to 1.5 hours from the property are the Ruby, Big Hole, Missouri, and Beaverhead Rivers. Several world-class “fee” spring creek fisheries are also close. About 60 miles over the hill in Paradise Valley, the Yellowstone River and Depuy, Armstrong, and Nelson spring creeks attract anglers. Several tributaries, spring creeks, and mountain lakes in the area will also become known to you. A 2± hour drive will put you into the Henry’s Fork watershed in Idaho or well into the center of Yellowstone National Park. The Park is where many of these famous rivers originate. Its nutrient-rich waters are why the greater Yellowstone region is one of the best areas in North America for catching trophy trout. The vastness of this area can occupy an angler for a lifetime. 7

HUNTING |WILDLIFE | OTHER RECREATION

Because of all the fabulous water amenities and lack of development, wildlife thrives in the lower Madison Valley. For the waterfowl hunter, hunting opportunities are everywhere. The Madison River supports local varieties of nesting waterfowl. Whitetailed and mule deer tend to congregate along the river bottom during the day and head into the valley in the afternoons to feed on native grasses.

Upland bird populations are substantial in the valley due to the agricultural operations in the area and ample amounts of water and food plots. Hungarian partridges are common, as well as a few pheasants. The property is a small slice of a true sportsman’s paradise.

Big Sky Resort, the Yellowstone Club, and the Spanish Peaks Mountain Club are located a little over an hour from the property and boast worldclass snowboarding and skiing options. Bridger Bowl Ski Area is also about an hour away and offers a more local atmosphere. The ranch’s proximity to Bozeman, multiple ski areas, and endless recreation opportunities make this an ideal location.

Elk Herd in Madison Valley

Acres on the Lower Madison | Three Forks, Montana

LOCATION

BOZEMAN THREE FORKS

The property is a 40± minute drive from the vibrant university town of Bozeman (population 56,000±), home to Montana State University and the Museum of the Rockies. Bozeman has received national accolades for its scenic location, endless outdoor activities, and historic downtown. Bozeman restaurants and shops have become favorite places for those who love nature—whether fishing, hunting, skiing, mountain biking, or hiking.

The small, historic town of Three Forks is about 15± minutes from the property. With a population of 2,000± people, Three Forks offers a variety of amenities. The historic Sacajawea Hotel was constructed in 1910 and now offers fine dining and overnight accommodations in an elegant atmosphere. The Headwaters Public Golf Course features a 9-hole course adjacent to town. Three Forks also provides medical facilities, a private airport, a library, a grocery store, a coffee shop, a museum, a florist, a tackle shop, and numerous places to dine, shop, and swap stories over a cold beverage.

Bozeman, Montana

Metal Horse Sculptures at Three Forks, Montana

ENNIS | NORRIS

Just a 30± minute drive from the ranch is a local favorite, Norris Hot Springs, perfect for soaking after a day recreating in the mountains. Ennis is a short 15± drive south of Norris, most famously known for its world-class fly fishing destination, with multiple restaurants, breweries, fly shops, and more.

GETTING THERE

Bozeman-Yellowstone International Airport is the transportation hub for southwest Montana and is located only 30± minutes from the property. It is serviced by numerous daily flights from Delta, United, American, Alaska, Allegiant, Avelo, Frontier, Jet Blue, Southwest, Sun Country, and Jet Suite. The airport also caters to corporate and private aircraft and provides hangar rentals.

4th of July Parade at Ennis, Montana

Bozeman-Yellowstone International Airport

Acres on the Lower Madison | Three Forks, Montana

MINERAL RIGHTS

All mineral rights appurtenant to the property and owned by the seller will convey to the buyer at closing. Mineral rights are not guaranteed. It is suggested that the buyer conduct a mineral search with a title company.

CONSERVATION | STEWARDSHIP

Each of us at Fay loves the land and wants to see it remain a productive agricultural ground and a quality fish and wildlife habitat. Through promoting thoughtful land stewardship, Fay has guided owners toward a legacy of conserving wide-open spaces, enhancing and creating fisheries and wildlife habitats, and implementing sustainable agricultural operations. Fay is proud to say that since our company began in 1992, our clients’ conservation ethics and land-use practices have significantly enhanced our work landscape. 14

www.fayranches.com | 800.238.8616 | info@fayranches.com

WATER RIGHTS

Montana waters, in all their varied forms and locations, belong to the State for the benefit of its people. A water right is the right to use the water within state-established guidelines, and not any ownership of the water itself. Since water rights in Montana are guided by the prior appropriation doctrine, a person’s right to use a specific quantity of water depends on when the use of water began, establishing the relative priority date of use on the water source. The first person to use water from a source established the first right, the second person could establish a right to the water that was left, and so on. Additionally, water users are limited to the amount of water that can be beneficially used. Beneficial use includes, but is not limited to, agricultural, recreational, fish, wildlife and domestic purposes.

Montana is currently conducting a statewide adjudication of all water rights with priority dates prior to July 1, 1973. The statewide adjudication is a court process that prioritizes and quantifies all existing water rights in each Montana drainage basin. With 85 basins in Montana, and over 219,000 water right claims, the statewide adjudication is a massive undertaking that is expected to stretch well into the future. Until the adjudication process is complete, the status of any particular water right claim cannot be guaranteed. Fay Ranches, Inc., its brokers and salespersons do not warrant or make any representation concerning the quantity or quality of any water rights, nor any legal entitlement to use of water rights, permits to appropriate water, exempt existing rights, determination of existing water rights, nor any ditches, ditch rights, or ditch easements appurtenant to or constituting a burden on the property. Water rights claims appurtenant to the property may or may not have been fully or finally adjudicated, and any Buyer is advised to make any offer to purchase contingent upon and subject to such independent inspections, evaluations, and advice concerning the water rights and adjudication process as a Buyer might deem prudent. All Buyers should be aware that Fay Ranches, Inc., its brokers and salespersons involved in this offering have not conducted an expert inspection or analysis of the water rights for this property.

26 Acres on the Lower Madison presents stunning vistas and unspoiled river frontage, catering perfectly to fly fishing enthusiasts and outdoor recreationalists alike. Boasting panoramic views of surrounding mountain ranges from every angle and conveniently situated near amenities, this property is a rare gem waiting to be discovered by a new owner to enjoy what it has to offer.

26 Acres on the Lower Madison | Three Forks, Montana

Please contact James Esperti at (406) 581-4795 | jesperti@fayranches.com to schedule a showing. This is an exclusive listing. An agent from Fay must be present at all showings, unless otherwise noted or other arrangements are made. To view other properties, fly fishing properties, and sporting ranches that we have listed, please visit our web page at www.fayranches.com.

TERMS

$750,000 Cash

Conventional Financing 1031 Exchange

Offer is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classification, carrying capacities, maps, etc., is intended only as a general guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purchasers are encouraged to research the information to their own satisfaction.

RELATIONSHIPS IN REAL ESTATE

As required by Montana law, a broker or salesperson shall disclose the existence and nature of relevant agency or other relationships to the parties to a real estate transaction. The various relationships and description of duties are as follows:

1. SELLER AGENT

A “Seller Agent” is obligated to the Seller to:

Act solely in the best interests of the seller; Obey promptly and efficiently all lawful instructions of the seller; Disclose all relevant and material information that concerns the real estate transaction and that is known to the seller agent and not known or discoverable by the seller unless the information is subject to confidentiality arising from a prior or existing agency relationship on the part of the seller agent; Safeguard the seller’s confidences; Exercise reasonable care, skill, and diligence in pursuing the seller’s objectives and in complying with the terms established in the listing agreement; Fully account to the seller for any funds or property of the seller that comes into the seller agent’s possession; and Comply with all applicable federal and state laws, rules, and regulations.

Montana law permits a real estate agent, after providing written disclosure to a seller and obtaining a seller’s written consent, to represent multiple sellers of property and to list properties for sale that may compete with the seller’s property, without breaching any obligation to the seller.

A “Seller Agent” is obligated to the Buyer to:

Disclose to a buyer or the buyer agent any adverse material facts that concern the property and that are known to the seller agent, except that the seller agent is not required to inspect the property or verify any statements made by the seller; Disclose to a buyer or the buyer agent when the seller agent has no personal knowledge of the veracity of information regarding adverse material facts that concern the property; Act in good faith with a buyer and a buyer agent; and Comply with all applicable federal and state laws, rules, and regulations.

2. BUYER AGENT (cont)

A “Buyer Agent” is obligated to the Seller to:

Disclose any adverse material facts that are known to the buyer agent and that concern the ability of the buyer to perform on any purchase offer; Disclose to the seller or the seller agent when the buyer agent has no personal knowledge of the veracity of information regarding adverse material facts that concern the property; Act in good faith with a seller and a seller agent; and Comply with all applicable federal and state laws, rules and regulations.

3. DUAL AGENCY If a seller agent is also representing a buyer, or a buyer agent is also representing a seller with regard to a property, then a dual agency relationship may be established. In a dual agency relationship, the dual agent is equally obligated to both the seller and the buyer. These obligations may prohibit the dual agent from advocating exclusively on behalf of the seller or buyer and may limit the depth and degree of representation that you receive. A broker or a salesperson may not act as a dual agent without the signed, written consent of both the seller and the buyer.

A “Dual Agent” is obligated to a Seller in the same manner as a seller agent and is obligated to a Buyer in the same manner as a buyer agent, except a dual agent:

Has a duty to disclose to a buyer or seller any adverse material facts that are known to the dual agent regardless of any confidentiality considerations; and May not disclose the following information without the written consent of the person to whom the information is confidential; The fact that the buyer is willing to pay more than the offered purchase price; The fact that the seller is willing to accept less than the purchase price that the seller is asking for the property; Factors motivating either party to buy or sell; and Any information that a party indicates in writing to the dual agent is to be kept confidential.

4. STATUTORY BROKER

A “Statutory Broker” is not the agent of the Buyer or Seller but nevertheless is obligated to them to:

Disclose to: i. a buyer or buyer agent any adverse material facts that concern the property and that are known to the statutory broker, except that the statutory broker is not required to inspect the property or verify any statements made by the seller; and ii. a seller or a seller agent any adverse material facts that are known to the statutory broker and that concern the ability of the buyer to perform on any purchase offer; Exercise reasonable care, skill, and diligence in putting together a real estate transaction, and Comply with all applicable federal and state laws, rules and regulations.

5. IN-HOUSE SELLER AGENT DESIGNATE Created when the agency holds both the listing on a property from the seller and a buyer broker agreement with the buyer, an in-house seller agent designate is a broker or salesperson employed by or associated as an independent contractor with a broker and designated by the broker as the exclusive agent for a seller for a designated transaction and who may not be considered to be acting for other than the seller with respect to the designated transaction.

6. IN-HOUSE BUYER AGENT DESIGNATE

Created when the agency holds both the listing on a property from the seller and a buyer broker agreement with the buyer, an in-house buyer agent designate is a broker or salesperson employed by or associated as an independent contractor with a broker and designated by the broker as the exclusive agent for a buyer for a designated transaction and who may not be considered to be acting for other than the buyer with respect to the designated transaction.

BUYER AGENT

A “Buyer Agent” is obligated to the Buyer to: Act solely in the best interests of the buyer; Obey promptly and efficiently all lawful instructions of the buyer; Disclose all relevant and material information that concerns the real estate transaction and that is known to the buyer agent and not known or discoverable by the buyer, unless the information is subject to confidentiality arising from a prior or existing agency relationship on the part of the buyer agent; Safeguard the buyer’s confidences; Exercise reasonable care, skill, and diligence in pursuing the buyer’s objectives and in complying with the terms established in the listing agreement; Fully account to the buyer for any funds or property of the buyer that comes into the buyer agent’s possession; and Comply with all applicable federal and state laws, rules and regulations. Montana law permits a real estate agent, after providing written disclosure to a buyer and obtaining a buyer’s written consent, to represent multiple buyers interested in buying the same property or similar properties to properties in which a buyer is interested and to show properties in which a buyer is interested to other prospective buyers, without breaching any obligation to the buyer.

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