SOLD: Corbly Mountain Ranch | Fay Ranches

COR B L Y MOU NT AI N R ANC H Belgrade, Montana $13,750,000 | 541± Acres

Corbly Mountain Ranch | Bozeman, Montana

INTRODUCTION The Corbly Mountain Ranch offering is a one-of-a-kind mountain property teaming with beauty and wildlife and located in close proximity to the University town of Bozeman just 25 minutes away. The most renowned peaks in the Bridger Range, Ross Peak & Sacajawea, provide a breathtaking backdrop to the property. The ranch borders National Forest Service on the eastern boundary, greatly enhancing the scope of the property and its uses. A developed road/trail system allows for easy access to the upper portions of the ranch and the neighboring Forest Service land. Diverse terrain and vegetation draw a variety of wildlife and the ranch is a magnet for an elk herd that meanders in and out of the property throughout the year along with populations of whitetail and mule deer.

Southwest Montana has long been known for its charming towns, stunning beauty and limitless wild country and the Corbly Mountain Ranch offerings embody all these attributes.

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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QUICK FACTS • The property offers excellent hunting and outdoor recreation • Numerous trails for hiking, biking, and horseback riding • Corbly Mountain Ranch is made up of 6 parcels, creating an opportunity for a Conservation Easement in an area with expedited growth.

• Numerous building sites with outstanding views of the valley and surrounding mountains • Wonderful mountain creeks on two of the parcels • The ability to build ponds • 25 minutes to Bozeman • 15 minutes to the airport • End of the road privacy

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Corbly Mountain Ranch | Bozeman, Montana

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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RECREATION fly fishing It would be difficult to find a location where you would have more quality options within a short drive.

The Madison, Gallatin, and Yellowstone rivers are located within 30 to 60 minutes of the property and are arguably the most famous fly-fishing rivers in the world due to their scenic beauty and incredible numbers and size of wild trout.

The Madison, Yellowstone, and Gallatin rivers are known for their dry fly fishing. From blue winged olives and midges in the spring, the salmon fly hatch in June, mayflies, caddis, hop-pers, and terrestrials in the summer and back to blue winged olives and midges in the fall and winter, the time is always right for fishing this area. Throw in some of the best streamer fishing in the state as well as great nymph fishing at all times of the year and you’ve got a variety of rivers that can provide a lifetime of entertainment for beginners as well as seasoned veterans. Fish in these rivers can exceed 24”.

Other rivers that are within 1½-hour drive from the property and offer world class trout fishing are the Jefferson, Ruby, Big Hole, Missouri, and the Beaverhead. Several internationally famed “fee” spring creek fisheries are also close at hand.

One- half hour over the hill in the Paradise Valley along the Yellowstone River, Depuy, Armstrong, and Nelson spring creeks attract avid anglers from around the globe. Fishing conditions on these creeks are consistently wonderful, even through winter. These spring creeks are natural wonders emerging from the ground with a large volume of nutrient rich water providing for an enormous amount of aquatic life including an abundance of wild trout.

Additionally, there are several tributaries, spring creeks, and mountain lakes in the area that will become known to you as you explore your surroundings. Of course, at times, the lure of traveling further beckons a curious angler. One to two hours of travel time will put you into the Henry’s Fork watershed in Idaho or well into the center of Yellowstone National Park. Yellowstone National Park is the birthplace of many of the finest trout rivers in the West. Headwater streams such as the Gibbon, Firehole and Lamar create rivers such as the Madison and Gallatin within its boundaries. The Park hosts a lifetime of fishing opportunities with over a hundred lakes and a thousand miles of streams. Nowhere in the world are so many public rivers and streams found within such a small area.

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Corbly Mountain Ranch | Bozeman, Montana

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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RECREATION HUNTING AND OTHER RECREATION The Corbly Mountain Ranch contains a scenic trail and road system that serves a dual purpose. It serves as a wonderful recreational loop for horseback riding, hiking, mountain biking and four-wheeling. In addition, it offers an efficient connection to numerous trails and portions of the adjacent National Forest that are otherwise time consuming and difficult to access (see map).

The upper reaches of the parcels are lined with forested draws providing habitat for a reliable elk herd. As summer gives way to fall and the rut is in full swing, these draws are a perfect location to bugle in that prized bull elk. Deer hunting on the ranch is also very consistent and offers both whitetail and mule deer. To add to the appeal, the ranch is positioned in a “general tag” hunting district which allows an out-of-state owner the ability to purchase a combination tag for a bull elk and a whitetail deer while the mule deer tag is a special draw.

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Corbly Mountain Ranch | Bozeman, Montana

Lower portions of the ranch provide the opportunity for upland bird hunting, as well. Pheasant & Hungarian partridge populations have stabilized as many surrounding landowners have started managing for birds and other wildlife in recent years.

The property and the seemingly endless acres of contiguous National Forest provide a mecca for a wide variety of outdoor recreation. Whether you enjoy horseback riding, hiking, biking, or rock climbing the ranch provides an abundance of opportunity all within the boundaries of the ranch and with direct access to numerous trails in the adjacent Forest Service Lands. In addition, the wonders of Yellowstone National Park are only an hour’s drive away.

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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Corbly Mountain Ranch | Bozeman, Montana

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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COMMUNITY The Springhill community has long been a highly sought-after place in the Gallatin Valley. As one of the first settlements, the history is deep and family roots even deeper. A one room, country schoolhouse is still in use today along with the Presbyterian Church and Springhill Pavilion. The Corbly Mountain Ranch are positioned just off of Springhill Community Road and overlook this historic farming community.

Bozeman, an eclectic university town (population 37,280 plus 15,000 students) is 25± minutes south of the property and in recent years has received national notoriety for its scenic location, limitless outdoor activities, and historic downtown area. The cafes and restaurants have become a popular meeting place for individuals who love the fishing, hunting, skiing, mountain biking and hiking available in the surrounding area.

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Corbly Mountain Ranch | Bozeman, Montana

G etting T here Bozeman Yellowstone International Airport serves southwest Montana and is located only 25± minutes from the property. Two private jet centers are also located within the airfield. (www.bozemanairport.com) The Yellowstone Jet Center, also located at the Bozeman International Airport, offers private flight services. You will find more information here https://www.airnav.com/airport/KBZN/YELLOWSTONE_ JET_CENTER

“B o z e m a n

i s a l o v e l y s ett i n g t h at m a k e s t h e m o s t o f i t s p h y s i ca l attr i bute s , w i t h h i k i n g , f i s h i n g , a n d s k i i n g p ract i ca l l y out t h e bac k door . H o w e v er , w h at m a k e s B o z e m a n s uc h a g reat p l ace i s t h e to w n i t s e l f . M ore t h a n a n y ot h er M o n ta n a c i t y , B o z e m a n h a s m a i n ta i n ed i t s h a n d s o m e o l d do w n to w n a s a bu s i n e s s ce n ter , m a k i n g t h e c i t y s ee m ce n tra l i z ed a n d co m m u n i t y - f ocu s ed .”

-M o n ta n a H a n dboo k www.fayranches.com | (800) 238.8616 | info@fayranches.com

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Corbly Mountain Ranch | Bozeman, Montana

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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Corbly Mountain Ranch | Bozeman, Montana

WATER RIGHTS In all their varied forms and locations, Montana waters 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 the prior appropriation doctrine guides water rights in Montana, a person’s right to use a specific quantity of water depends on when the use of the 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 and wildlife, and domestic purposes.

Montana is currently conducting a statewide adjudication of all water rights with priority dates before July 1, 1973. The statewide adjudication is a court process that prioritizes and quantifies all existing water rights in each Montana drainage basin. With eighty-five basins in Montana and over 219,000 water right claims, the statewide adjudication is a massive undertaking expected to stretch well into the future. Until the adjudication process is complete, the status of any particular water rights 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 an 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.

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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SUMMARY The Corbly Mountain Ranch offers a wide variety of recreational pursuits from hunting, hiking, biking, horseback riding, and whatever your heart desires. With private and direct access into the forest service the possibilities are endless. Only 25 minutes from downtown Bozeman and 15 minutes from the airport the location is convenient while being at the end of the road and very private. Along with great views and many building sites, this Ranch is a must see.

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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PRICE $13,750,000

TERMS CASH

CONTACT Please contact James Esperti at 406-581-4795 jesperti@fayranches.com to schedule a showing. This is an exclusive listing. An agent from Fay Ranches 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.

NOTICE 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.

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Corbly Mountain Ranch | Bozeman, Montana

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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C orbly M ountain R anch made up of 6 parcels , creating an opportunity for a C onservation E asement in an area with expedited growth .

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Corbly Mountain Ranch | Bozeman, Montana

www.fayranches.com | (800) 238.8616 | info@fayranches.com

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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

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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.

JAMES ESPERTI RANCH SALES, PARTNER Licensed in: MT, ID, WY o. 406-586-4001 | c. 406-581-4795 jesperti@fayranches.com

FAY RANCHES INC. (800) 238.8616 info@fayranches.com www.fayranches.com