DRY CREEK RIFFLE AND RUN
Belgrade, Montana
$6,995,000
256± Acres
INTRODUCTION
Just northwest of the desirable mountain town of Bozeman and the busiest airport in Montana, this rare 256± acres of land boasts 1.2± miles of restored fishable Dry Creek, notably some of the most critical trout spawning habitat in Southwest Montana. With several springs, the property is an excellent habitat for attracting and sustaining wildlife. Two newly built one-bedroom guest homes with top-end appliances and finishes provide a landing spot, while many homesites with vast views of seven mountain ranges await the next owner’s vision. This property is an exceptional investment opportunity with incomparable views of the Gallatin Valley and access to abundant recreational activities.
1 Dry Creek Riffle and Run | Belgrade, Montana
QUICK FACTS
• 256± deeded acres in five deeded parcels with substantial conservation easement value
• Two new one-bedroom guest homes with top-end appliances and finishes
• Multiple homesites to choose from
• Roads and power throughout the ranch
• Stunning views of seven mountain ranges, including the Tobacco Root Mountains, Bridger Range, Gallatin Range, and Madison Range
• Fishing on 1.2± miles of both sides of Dry Creek
• Year-round access off county-maintained Dry Creek Road
• Abundant wildlife, including pheasant, sharptailed grouse, Hungarian partridge, nesting sandhill cranes, moose, elk, white-tailed and mule deer, and a multitude of other flora and fauna
• 20± minutes to Bozeman Yellowstone International Airport
• Less than 30 minutes to Bozeman
• 45± minutes to Bridger Bowl Ski Area
• An hour 25± minutes to Big Sky Resort
• 15± minutes to 1.5± hours to nine world-class trout rivers
Dry Creek Riffle and Run | Belgrade, Montana
ACREAGE
Rolling foothills and tremendous views of surrounding mountain ranges open up to Dry Creek Riffle and Run, encompassing 256± acres, already divided into five parcels. About 1.2 miles of Dry Creek meander through the east side of the property, providing private access to exceptional trout-filled water for a new owner. The property is easily accessible and ready to build with underground power and all-season gravel roads.
www.fayranches.com | 800.238.8616 | info@fayranches.com
Dry Creek Riffle and Run | Belgrade, Montana
Two recently built one-bedroom homes with top-end appliances and finishes sit on the property, with developed roads and power throughout the ranch.
Dry Creek Riffle and Run | Belgrade, Montana
RECREATION FISHING
Dry Creek Riffle and Run boasts 1.2± miles of the recently restored Dry Creek, an angler’s paradise and one of Bozeman’s best-kept fly-fishing secrets. Stream restoration on Dry Creek in recent years accomplished two significant goals: improving the instream riparian habitat that had been degraded over the years and reconnecting the tributary to the East Gallatin River during low-flow periods in the summer and fall. This improved the connectivity of the entire fishery, benefiting the whole watershed as far downstream as the Missouri River. Dry Creek is now a fully connected tributary of the East Gallatin and Missouri Rivers. Historically, due to irrigation practices, Dry Creek ran dry downstream from the property during the summer and fall months. Reconnecting the waterway now allows larger migratory trout to move up from the East Gallatin and Missouri Rivers to spawn in this cold-water tributary. Colder, cleaner water flows out of Dry Creek, and the gravel size allows trout to leave eggs behind. Consistent cold spring water and healthy streamside vegetation provide excellent fishing for rainbow and brown trout. Dry Creek, by nature, is a classic riffle, run, pool small stream fishery that holds healthy trout populations, with some fish reaching up to 6 pounds, while the average fish is around 12-16 inches. Dry Creek trout populations includes spawning runs of very large fish from much larger downstream rivers.
The closest off-site fishing access is on the East Gallatin River, 10± minutes away, and on the West Gallatin River, 20± minutes away. The Madison, Jefferson, and Yellowstone Rivers are 45± to 60± minutes from the property. These legendary rivers are arguably the world’s most famous fly-fishing rivers due to their scenic beauty and incredible number and size of wild trout. Other rivers within 1.5 hours from the property that offer world-class trout fishing are the Ruby, Big Hole, Missouri, and the Beaverhead. Several internationally famed “fee” spring creek fisheries are also close. An hour or so over the hill in the Paradise Valley along the Yellowstone River, Depuy, Armstrong, and Nelson Spring Creeks attract avid anglers. Fishing conditions on these creeks are wonderful, even through winter. These spring creeks are natural wonders emerging from the ground with a large volume of nutrient-rich water and an enormous amount of aquatic life, including abundant wild trout.
One to two hours of travel time will put you into the Henry’s Fork watershed in Idaho or the center of Yellowstone National Park. Headwater streams such as the Gibbon, Firehole, and Lamar create rivers like the Madison and Gallatin within the Park’s boundaries. The Park hosts a lifetime of fishing opportunities.
Dry Creek Riffle and Run | Belgrade, Montana
HUNTING | WILDLIFE | OTHER RECREATION
Dry Creek Riffle and Run boasts incredible wildlife habitat and is a magnet for the Montana upland bird trifecta: pheasant, Hungarian partridge, and sharp-tailed grouse—not to mention white-tailed deer, elk, antelope, and black bear— giving hunters a range of excellent private sporting options on 256± acres.
This property’s location just outside Bozeman is squarely in the center of the region’s abundant outdoor recreational opportunities. The vast mountain ranges, beautiful meadows, streams, and lush valleys offer a multitude of recreational pursuits, including horseback riding, hiking, backpacking, bird watching, mountain biking, cross-country skiing, and just relaxing and enjoying the scenery.
Bridger Bowl Ski Area is a tremendous asset to the Bozeman community and is only 16± miles from town and 45± minutes from the property. Considered Bozeman’s resort, Bridger Bowl offers an intimate atmosphere where tickets are affordable, lift lines are short, and the skiing is fantastic. A total of 8 lifts service 2,000 skiable acres with a 2,600-foot vertical drop. Three lodges give skiers plenty of room to warm up and refuel. Big Sky Resort, the Yellowstone Club, and the Spanish Peaks Mountain Club are an hour 25± minutes from the property and boast world-class snowboarding and skiing.
Dry Creek Riffle and Run | Belgrade, Montana
Bozeman (population 58,000±), less than a half hour from the property, is one of Montana’s major tourism and agricultural centers and is one of the most diverse small towns in the Rocky Mountain West. Established in 1893, Montana State University’s campus houses the Museum of the Rockies. Downtown Bozeman has been a gateway to the West for over 100 years. Merchants outfitted explorers, miners, ranchers, and the army with supplies to sustain them. Today, downtown features rows of turn-of-the-century buildings. Art and culture are alive and well in Bozeman. It is home to many museums, talented artists, and excellent galleries.
www.fayranches.com | 800.238.8616 | info@fayranches.com
GETTING THERE
Bozeman-Yellowstone International Airport is southwest Montana’s transportation hub, only 20± 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.
Dry Creek Riffle and Run | Belgrade, Montana
Dry Creek Riffle and Run | Belgrade, 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
This property is not under conservation easement.
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.
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.
Dry Creek Riffle and Run | Belgrade, Montana
Dry Creek Riffle and Run is a unique chance to own land near Bozeman, Montana State University, Bridger Bowl Ski Area, and Bozeman Yellowstone International Airport. The 256± acres boasts fly fishing on 1.2± miles of the recently restored Dry Creek. Dry Creek Riffle and Run is private, beautiful, useable, accessible, and convenient to the best that Montana has to offer.
Dry Creek Riffle and Run | Belgrade, Montana
Please contact Vinny Delgado at (406) 253-0507 | vdelgado@fayranches.com to schedule a showing. This is an exclusive listing. An agent from Fay Ranches, Inc. must be present at all showings, unless otherwise noted or other arrangements are made. To view other properties we have listed, please visit our web page at www. fayranches.com.
$6,995,000 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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