SOLD: Gallatin Valley Overlook | Fay Ranches

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G A L L A TIN VALLEY OVER LOOK Belgrade, Montana $3,950,000 | 400± acres


Gallatin Valley Overlook | Belgrade, Montana


INTRODUCTION Nestled against the Bridger Mountain Range, Gallatin Valley Overlook boasts commanding views of Montana’s Gallatin Valley. Comprised of 400± acres, Gallatin Valley Overlook hosts native uplands, wildflower meadows, a shrubbery-rich creek bottom, and timbered mountain foothills. Elk, mule deer, whitetail deer, and upland birds inhabit the property. Gallatin Valley Overlook is contiguous with the Custer Gallatin National Forest Service lands, providing easy access to miles of recreational opportunities, including hiking, camping, and fishing. Almost a mile of North Cottonwood Creek traverses Gallatin Valley Overlook. An abundance of wildflowers flourishes in the meadows, providing a stunning spring display of colors. The North Cottonwood trail crosses through the north portion of Gallatin Valley Overlook, providing an excellent hiking and wildlife viewing opportunity. A Gallatin Valley Land Trust conservation easement ensures protection for future generations. A fiveacre residential building envelope, ripe for renovating into a top-tier private family compound, allows for up to three residences. Conveniently located 20± minutes from the Bozeman Yellowstone International Airport and 30± miles from downtown Bozeman, Montana, Gallatin Valley Overlook offers access to many amenities, restaurants, and entertainment options. Gallatin Valley Overlook allows one to live in a pristine natural environment close to conveniences with tremendous views. This property offers the perfect combination of building a dream home with privacy, beauty, and convenience.

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

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QUICK FACTS • • • • • • • • • • • •

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400± acres Native uplands, wildflower meadows, a shrubbery-lined creek bottom, and Bridger Mountain foothills Contiguous with Custer Gallatin National Forest Service lands Extensive wildlife habitat, including elk, mule deer, whitetail deer, and upland birds Spring wildflowers abound in meadows 0.95± miles of North Cottonwood Creek A modular residence and multiple outbuildings Easy access from a paved county road 2± miles from Reese Creek, a Montana historic community 15± miles from Bozeman Yellowstone International Airport 20± miles from downtown Bozeman, Montana Gallatin Valley Land Trust conservation easement

Gallatin Valley Overlook | Belgrade, Montana


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

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ACREAGE Gallatin Valley Overlook consists of 400± acres buttressing the west slope of the Bridger Mountain range where North Cottonwood Creek breaks from the forest. With a south, southwest aspect providing incredible views of the valley below, the land ranges in elevation from 6,400± feet in the northeast corner of the property, to 5,400± feet in the southwest. Known locally for the dazzling spring display of Arrowleaf Balsamroot, the foothill meadows and parks present native upland habitat for many wildlife species year-round. During the winter, big game frequents the south and west-facing slopes of the forest above the ranch for winter range. The acreage is suitable for summer grazing of a small herd of cattle or horses. 4

Gallatin Valley Overlook | Belgrade, Montana


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

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Gallatin Valley Overlook | Belgrade, Montana


IMPROVEMENTS A five-acre residential building envelope, ripe for renovating into a top-tier private family compound, allows for up to three residences. Built in 1998, the modular home hosts three bedrooms and three baths within the 2,324± square feet. Additional improvements include a carport, decks, garages, a large barn, and other outbuildings.

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

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CONSERVATION | STEWARDSHIP Gallatin Valley Land Trust holds the conservation easement for Gallatin Valley Overlook. A five-acre residential building envelope, ripe for renovating into a top-tier private family compound, allows for up to three residences. 8

Gallatin Valley Overlook | Belgrade, Montana


Each of us at Fay Ranches 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 Ranches has guided owners toward a legacy of conserving wide-open spaces, enhancing and creating fisheries and wildlife habitats, and implementing sustainable agricultural operations. Fay Ranches 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

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RECREATION H unting & W ildlife The ranch is in hunting district 312, known for trophy mule deer, requiring a special permit for hunters. With a general tag, whitetail deer and elk hunting can be pursued from the ranch into the adjoining forest. Due to the quality habitat and cumulative efforts of surrounding landowners, upland birds, specifically pheasant, grouse, and partridge, frequent the ranch. In addition to upland birds, other species, including songbirds, golden and bald eagles, hawks, and falcons, live and utilize the property.

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Gallatin Valley Overlook | Belgrade, Montana


F ishing A short distance from Gallatin Valley Overlook, the Madison, Gallatin, and Yellowstone rivers offer quality fishing opportunities within 15 to 45 minutes. All three rivers are arguably the most famous fly-fishing rivers in the world due to their scenic beauty and incredible numbers and size of wild trout.

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

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O ther R ecreation | F amily A dventures North Cottonwood trailhead exists on the northwest corner of the property and traverses along the northern boundary until entering national forest lands. The trail extends to the base of Hardscrabble Peak in the Bridger Mountain Range and intersects with the Bridger Ridge trail system. The Bridger Mountain Range, a sub-range of the Rocky Mountains that runs north-south between Bozeman and Livingston, is home to Bridger Bowl Ski Area. Bridger Bowl and Crosscut Mountain Sports Center are just a short 30-minute drive northeast of Bozeman and offer great skiing with a charming and local atmosphere.

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Gallatin Valley Overlook | Belgrade, Montana


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

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AREA HISTORY As traditional hunting grounds, the Reese Creek area was inhabited by Native American tribes, including Blackfeet, Crow, and Nez Perce. The area’s fertile soil and abundant water became the mainstay of the local economy. Reese Creek, named after one of the original families, rapidly grew in the early 1900s. The Reese Creek School, built in 1906, is listed on the National Register of Historic Places and has transitioned into a community center. Bozeman, Montana, was founded in 1864 by John Bozeman, a pioneer and frontiersman who helped establish the Bozeman Trail, a critical route connecting Montana to the goldfields of Virginia City. Bozeman quickly grew into a hub for commerce, trade, and transportation. In 1893, Bozeman became home to the Agricultural College of Montana, now Montana State University, bringing a new influx of students and academics. Throughout the 20th century, Bozeman continued to grow and develop, becoming a center for outdoor recreation, tourism, and technology.

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Gallatin Valley Overlook | Belgrade, Montana


NEARBY ATTRACTIONS Within 60± miles, Big Sky, Montana, hosts Big Ski Resort, the Yellowstone Club, Moonlight Basin Ski Resort, and the Spanish Peaks Club, each with a private Jack Nicklaus or Tom Weiskopf-designed golf course. Big Sky offerings include the Music in the Mountains Summer Concerts, the Warren Miller Performing Arts Center, and the Arts Council of Big Sky. Yellowstone National Park lies 90± miles south of Gallatin Valley Overlook. The north entrance of Yellowstone National Park provides quick access to the Lamar Valley populations of elk, bighorn sheep, mule and white-tailed deer, coyotes, wolves, antelope, eagles, moose, black and grizzly bears, and other wildlife. The rare and endangered wildlife populations speak to our first national park’s wildness and unspoiled nature.

Yellowstone National Park

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

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WATER SOURCES | WATER RIGHTS North Cottonwood Creek traverses through Gallatin Valley Overlook for 0.95± miles. The seasonal stream maintains live water through late spring, intermittently resurfacing throughout the creeks alignment later in the season. Two domestic water rights will transfer with the sale.

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Gallatin Valley Overlook | 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.

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

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LOCATION Named Time Magazine World’s Greatest Places in 2023, Bozeman (population 56,000±) hosts Montana State University and the Museum of the Rockies. Based on Bozeman’s tourism and high-tech industries, the local economy is considered one of the strongest in Montana. Downtown Bozeman has been a historic gateway to the West for over 100 years. Downtown merchants outfitted explorers, miners, ranchers, and the army with supplies to sustain them. Today’s downtown features rows of turn-of-the-century buildings. With over 100 shops and restaurants lining this beautiful and historic retailing corridor, a stroll down historic Main Street elicits a mountain ski town vibe. The arts and culture scene consists of the Bozeman Opera, Bozeman Symphony, Montana Ballet, Montana Shakespeare in the Parks, Ellen Theatre, Bozeman Film Society, Emerson Center of Arts & Culture, Sweet Pea Festival, Wild West Winter Fest, Gallatin County Fair, and Bozeman Stampede Rodeo. With the addition of the cultural, academic, and athletic influences of 12,000± students at Montana State University, Bozeman provides an exquisite, well-rounded quality of life. Downtown Bozeman, Montana

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Gallatin Valley Overlook | Belgrade, Montana


AIRPORT SERVICES The Bozeman Yellowstone International Airport is located 9± miles west of Bozeman and is a 15-minute drive from the property. Delta, United, American Southwest, Allegiant, Alaska, JetBlue, and Sun Country airlines provide services to Bozeman Yellowstone International. The airfield also includes two facilities for private aircraft. Summit Aviation, Northern Wings Aviation, Yellowstone JetCenter, and Signature Flight Support offer charter and private flight services. 19 www.fayranches.com | (800) 238.8616 | info@fayranches.com


SUMMARY Gallatin Valley Overlook spans 400± acres nestled along the foothills of the Bridger Mountains and provides the opportunity to own increasingly rare acreage with amazing views of the entire Gallatin Valley. The property boasts a diverse landscape of native grasslands, wildflower meadows, a creek bottom, and timbered mountain foothills. The area’s extensive wildlife habitat is home to elk, mule deer, whitetail deer, pheasant, partridge, and grouse. Adjacent to Custer Gallatin National Forest Service lands, Gallatin Valley Overlook offers easy access to miles of recreational opportunities for outdoor enthusiasts, including hiking, camping, and fishing. Gallatin Valley Overlook offers a unique opportunity to live in a pristine natural environment while close to amenities, restaurants, and entertainment options.

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Gallatin Valley Overlook | Belgrade, Montana


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

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PRICE $3,950,000

TERMS Cash

CONTACT Please contact Matt Henningsen at (406) 570-5072 | mhenningsen@fayranches.com or 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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Gallatin Valley Overlook | Belgrade, 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

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.


JAMES ESPERTI Partner | Ranch Sales Licensed in: MT, ID, WY o. 406-586-4001| c. 406-581-4793 jesperti@fayranches.com

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

MATT HENNINGSEN Ranch Sales Licensed in: MT o. 406-586-4001 | c. 406-570-5072 mhenningsen@fayranches.com


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