THE SCHMIDT RANCH
Bozeman, Montana
$29,500,000 1,598± Acres
INTRODUCTION
The Schmidt Ranch offers an unparalleled recreational retreat just 10± minutes from downtown Bozeman, Montana. Spanning 1,598± deeded acres, this property captures the essence of Montana’s rugged beauty with rolling aspen hills, evergreen forests, meadows, and creeks, all with breathtaking views of the Bridger Mountain ridgeline to the north, along with sweeping 360-degree mountain views that complete this scenic landscape.
Of the deeded acres, 1,236± acres are protected under conservation easement with the Gallatin Valley Land Trust, ensuring a legacy of preservation. This easement allows for division into four parcels, each a minimum of 160 acres. Four building envelopes each support the construction of four single-family residences, with four additional guest or caretaker houses, which are ideal for creating your dream retreat or primary residence. The remaining 362± acres outside the easement currently features a modest single-family home built in 1984 with three bedrooms, one bathroom, a half bathroom, and a shed and garage.
The Schmidt Ranch is a haven for wildlife enthusiasts, featuring abundant deer, elk, bear, moose, and diverse bird species. The property borders a mile of Forest Service land, expanding access to outdoor adventures, including hunting, fishing, hiking, cross-country skiing, and rock climbing.
Strategically located near Kelly Canyon, Moffit Gulch, and Trail Creek Roads, the ranch is just 10± minutes from Bozeman’s amenities, 20± minutes from Bridger Bowl Ski Area, and only 1.5± hours from Yellowstone National Park’s north entrance. The Schmidt Ranch provides a unique opportunity to enjoy natural beauty and abundant recreation close to Bozeman, all within the serenity of a private retreat.
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The Schmidt Ranch | Bozeman, Montana
QUICK FACTS
• 1,598± deeded acres total
• 1,236± acres under conservation easement with Gallatin Valley Land Trust
• 362± acres outside of the conservation easement with a modest single family home on the parcel
• Option to build 4 single-family residences as well as an additional 4 guest/caretaker houses within the same building envelopes (total of 4 building envelopes size up to 3 acres)
• Borders 1± mile of Forest Service
• Stunning views of the Bridger Mountain ridgeline to the north of the property
• Rolling aspen hills, evergreen forests, creeks, and meadows
• Abundant wildlife, including deer, elk, bear, and moose, as well as various bird species
• Endless outdoor recreational opportunities, including hunting, fishing, hiking, biking, crosscountry skiing, and rock climbing
• Sought after location near Kelly Canyon, Moffit Gulch, and Trail Creek Roads, as well as Bozeman Pass
• 20± minutes from Bridger Bowl Ski Area, Bozeman’s favorite local ski hill
• 1.5± hours away from the north entrance of Yellowstone National Park
• 10± from downtown Bozeman, Montana - Close to world-class amenities in Bozeman
The Schmidt Ranch | Bozeman, Montana
ACREAGE
The ranch offers an expansive 1,598± deeded acres set amidst Montana’s wild beauty, with 360-degree mountain views that stretch across the horizon. Of these, 1,236± acres are protected under a conservation easement with the Gallatin Valley Land Trust. Bordering a mile of Forest Service land, the ranch unfolds into rolling aspen hills, lush evergreen forests, open meadows, and winding creeks.
The Schmidt Ranch | Bozeman, Montana
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The Schmidt Ranch | Bozeman, Montana
IMPROVEMENTS
The property includes four designated building envelopes, each supporting one single-family residence and an additional guest or caretaker house, offering the flexibility to create your recreational retreat or family legacy. Each building envelope can be placed outside the restricted boundary and up to three acres in size. Outside the conservation easement, the remaining 362± acres feature an existing modest single-family home built in 1984, complete with three bedrooms, one and a half bathrooms, a detached garage, and a shed—ideal for immediate use while planning future development.
The Schmidt Ranch | Bozeman, Montana
The Schmidt Ranch | Bozeman, Montana
RECREATION FISHING
Just 25± minutes from The Schmidt Ranch, some of the best trout fishing in the world occurs on the Yellowstone River. The Yellowstone River is the longest, free-flowing river in the lower 48 states, traversing some 554± miles from its source in the mountains of Wyoming to its confluence with the Missouri River. The Yellowstone River is an excellent river for floating and wade fishing. The river is most noted for the “Mother’s Day” caddis hatch, and when river conditions are right, it’s a fisherman’s paradise. The Madison and Gallatin rivers are located nearby and offer world-renowned fly fishing due to their scenic beauty and incredible numbers and sizes of wild trout. The rivers are known for their dry fly fishing.
Additionally, several tributaries, spring creeks, and mountain lakes in the area will become known to you as you explore your surroundings. Of course, at times, the lure of traveling further beckons a curious angler. About two hours of travel time will put you into the Henry’s Fork watershed in Idaho or the center of Yellowstone National Park. Yellowstone is the birthplace of many of the finest rivers in the west. Headwater streams such as the Gibbon, Firehole, and Lamar create rivers like the Madison and Gallatin within their 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 within such a small area.
HUNTING
The property is in general tag hunting district 393, which offers tags for archery and rifle hunting. Southwest Montana has long been known as a destination for big game hunting. In the fall, the area has a tremendous amount of public land close to the property, offering productive sporting opportunities for big game such as elk, mule deer, whitetail deer, black bear, and grouse.
SNOWBOARDING & SKIING
Bridger Bowl Ski Area is a tremendous asset to the Bozeman community and only 20± minutes from the ranch. Considered “Bozeman’s own resort,” Bridger Bowl offers an intimate atmosphere where tickets are affordable, and the skiing is fantastic. Eight lifts services 2,000 skiable acres with a 2,600-foot vertical drop. Four lodges give skiers plenty of room to warm up and refuel. Jim Bridger Lodge and Saddle Peak Lodge are in the base area, and Deer Park Chalet and Alpine Cain are at mid-mountain.
Big Sky Resort, located about 1 hour from the ranch, is an international destination for skiers, snowboarders, and summer vacationers. In the winter, Big Sky Resort offers 5,850 skiable acres, 4,350 vertical feet, and 38 lifts. Summer is just the right time to enjoy a round of golf, fly fish the Gallatin River, or explore miles of National Forest by foot or horseback.
Photo not taken on property
The Schmidt Ranch | Bozeman, Montana
LOCATION
BOZEMAN
The Schmidt Ranch is just 10± minutes from Bozeman, a lively university town of approximately 60,000± residents. Bozeman, home to Montana State University and the renowned Museum of the Rockies, has earned national acclaim for its scenic location, vast outdoor recreation options nearby, top-tier amenities, and charming historic downtown. Known for its vibrant community, Bozeman attracts nature enthusiasts of all kinds with popular activities such as fishing, hunting, skiing, mountain biking, and hiking.
The town hosts a variety of events throughout the year, including weekly farmers’ markets and music concerts. Local favorites include the Sweet Pea Festival, a summer celebration in Lindley Park featuring artists, crafts, and live music, and the Christmas Stroll, an annual December event where Main Street closes for holiday festivities, food, and cheer. For skiers, Bozeman offers easy access to world-class slopes, with the Baxter Hotel’s iconic “Blue Light” signaling fresh snow at Bridger Bowl, the beloved local ski area.
Bozeman, Montana
Montana
LIVINGSTON
The ranch is 25± minutes west of Livingston, Montana. Livingston (population7,900±) is a town rich in history and noted in many western journals as a once wild western place. Today, Livingston is home to fine art galleries, restaurants, bars, fly shops, and various boutiques, all packaged into a well-preserved historic district. The community is inhabited by a collection of writers, artists, musicians, actors, and a colorful assortment of ranchers. Livington has always been home to some of the world’s best flyfishing guides, with a world-famous trout river, the Yellowstone, coursing through town.
YELLOWSTONE
Head about an hour and a half south on Highway 89 through Paradise Valley to Gardiner, Montana, and you’ll find Yellowstone National Park’s north entrance. It allows access to fishing opportunities and public land. Elk, bighorn sheep, mule and white-tailed deer, coyotes, wolves, pronghorn antelope, eagles, moose, mountain goats, bears, bison, and various other animals find suitable ranges and habitats in the Park. The 2.2-million-acre park is one of America’s most famous and significant national parks and features picturesque waterfalls, canyons, and notorious geysers.
Livingston,
Yellowstone River
The Schmidt Ranch | Bozeman, Montana
AIRPORT SERVICES
Bozeman Yellowstone International Airport is Montana’s busiest airport and the transportation hub for southwest Montana. It is located approximately 20± minutes from the property. The airport caters to commercial and private aircraft and provides hangar rentals. It is serviced by numerous daily flights from Delta, United Americian, Alaska, Allegiant, Frontier, Avelo, Jet Blue, Southwest, Sun Country, and Jet Suite.
The Schmidt Ranch | Bozeman, Montana
The Schmidt Ranch | Bozeman, 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
1,236± acres are protected under a conservation easement with the Gallatin Valley Land Trust.
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.
20 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. 21 The Schmidt Ranch | Bozeman, Montana
The Schmidt Ranch offers a unique opportunity to own a vast, preserved landscape just minutes from Bozeman. With its blend of natural beauty, recreational access, and thoughtful development potential, this property provides a rare chance to create a private sanctuary amid Montana’s iconic wilderness. For those seeking tranquility without sacrificing proximity to modern amenities, The Schmidt Ranch stands as an exceptional retreat that balances open space, conservation, and lifestyle.
The Schmidt Ranch | Bozeman, Montana
This is an exclusive co-listing with Fay and Altitude Real Estate. Please contact James Esperti at (406) 581-4795 | jesperti@fayranches.com or Matt Henningsen (406) 570-5072 | mhenningsen@fayranches.com or Jeff Eshbaugh (406) 581-9251 | jeff@altitudemt.com to schedule a showing. An agent from Fay or Altitude Real Estate 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
$29,500,000 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.
www.fayranches.com | 800.238.8616 | info@fayranches.com
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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