Calamity Jane Horse Cache | Fay Ranches

C A L A M ITY J ANE HOR S E C AC HE Molt, Montana $2,454,390 | 1,363± Acres

INTRODUCTION Calamity Jane Horse Cache, a 1,363± acre ranch consisting of deep grassy canyons, ponderosa pines, and majestic rock bluffs, is being offered for sale. Situated just 25± minutes west of Billings, Montana and 15± minutes north of the quaint town of Laurel, Montana, this is one of the largest contiguous blocks of land remaining in the area and a prime spot for solitude, recreation, and investment.

Steeped in western lore, the ranch has a rich history dating back to the 1800s when Martha Jane Canary, aka “Calamity Jane,” watered her horses at the ranch’s Canyon Creek before driving them up to the infamous plateau titled the Calamity Jane Horse Cache on USGS maps. According to local legend, Calamity was first introduced to the property at the Battle at Canyon Creek, a bloody showdown on the ranch during which Chief Joseph and the Nez Pierce Indians locked horns Calamity Jane with Colonel Sturgis and the U.S. Calvary. Though the Nez Pierce prevailed in the battle, they lost over 400 horses, and this defeat ultimately prevented them from reaching the Canadian border and joining waiting Sioux Chief Sitting Bull. Following the battle, Calamity Jane acted as a nurse, ferrying wounded soldiers down the Yellowstone River, and establishing herself as a local humanitarian, thus building the reputation that wherever there was a calamity, Jane would be there to help. Thoroughly captivated by the grandeur of the ranch, Calamity remained in the area, purchased land, and lived on the ranch.

Today, the ranch is home to an abundance of wildlife, including mule and white-tailed deer, antelope, mountain lion, bobcat, coyote, raccoon, badger, pheasant, bald and golden eagles, red-tailed hawk, great horned owls, wild turkey, pigeon, Canadian geese, ducks, great blue herons, sharp-tailed grouse, and Hungarian partridge. Listed on the Audubon bird trail, the 3.6± miles of Canyon Creek flowing through the property sees various heritage and local birds every year. In addition to the draw of abundant wildlife, step outside your front door to enjoy cross-country skiing, snowshoeing, horse-riding, four-wheeling, and camping. www.fayranches.com | (800) 238.8616 | info@fayranches.com

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QUICK FACTS • • • • • • • •

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1,363± deeded acres 3.6± miles of Canyon Creek meandering through the property 80% naturally fenced ranch by Rim Rock cliffs Outstanding horseback riding and four-wheeling Water rights, mineral rights Attracts, supports, and produces trophy mule deer, white-tailed deer, and antelope Offers excellent hunting for upland birds About 25 minutes from Montana’s largest city, Billings, MT

Calamity Jane Horse Cache | Molt, Montana

ACREAGE The ranch consists of 1,363± deeded acres and is being offered in its entirety. There are 200± acres of dryland farming, currently growing hay. About 3.6 miles of Canyon Creek meanders through the ranch, providing spring-fed watering holes for livestock and game. Several other springs flow throughout the property. The bulk of Calamity Jane Horse Cache is a large, sweeping canyon with rugged rim rock coulees and majestic plateaus along the skyline. A multitude of ponderosa pines and evergreens line the canyon and most of the scenic coulees.

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

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RECREATION F ishing The Yellowstone River is a 15± minute drive to the south. Flowing some 554± miles from its source in Yellowstone National Park to a confluence with the Missouri River, the Yellowstone is the longest free-flowing river in the lower 48 states and home to over 200 miles of Blue-Ribbon brown, rainbow, and cutthroat trout. The Yellowstone is considered large by trout river standards and is a great river to float and wade fish. The river is most noted for the “Mother’s Day” caddis hatch and provides some of Montana’s best ‘hopper’ fishing.

Only 40± minutes away, the Stillwater River is popular for fly fishing, rafting, and cliff jumping. For additional Blue-Ribbon fly-fishing, head to the Bighorn, a notable river about an hour and a half from the ranch. Every year thousands of people come from all over to fish the Bighorn, with one of the highest concentrations of trout in the United States. Yellowtail dam feeds water into the Bighorn and is a popular destination, both for anglers and those interested in water-skiing or enjoying lake life.

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Calamity Jane Horse Cache | Molt, Montana

Mule deer; not taken on property

Antelope; not taken on property

H unting | W ildlife | O ther R ecreation Trophy mule deer, white-tailed deer, and antelope roam Calamity Jane Horse Cache. The canyon is an ideal habitat, while low hunting pressure and a current game management program help make this an outstanding hunting property. A significant portion of Calamity Jane Horse Cache includes scattered water sources, dryland pasture, ponderosa pine and evergreen covered draws, open grasslands, shrublined drainages, riparian creek bottom, and crop ground. Antelope and deer prefer the local grasses, legumes, and hay crops. The green forage of bluegrass, bromegrass, cheatgrass, needlegrass, timothy, oats, and alfalfa serve as wildlife lures from late fall to early spring. The amount and quality of habitat and vegetation and sheltering from Chinook winds create a sanctuary for animals on the property.

The current owners of the ranch have allowed very little hunting pressure over the last 20+ years and have concentrated on growing trophy animals by limiting the number of deer and antelope taken from the ranch to ensure high quality and success. These practices have dramatically increased the ranches’ wildlife numbers, quality, and age class. Upland bird hunting further contributes to the ranch’s reputation as a top property for recreation. Replete with irrigated fields, grassy plateaus, and heavily covered coulees, the canyon boasts all the necessary ingredients for excellent bird hunting: food, water, and varied terrain that lure populations of Hungarian partridge, ring-necked pheasants, and sharp-tail grouse every year.

During winter on the ranch, enjoy cross-country skiing and sledding, or head an hour away to the Red Lodge Mountain Ski Resort for downhill skiing and snowboarding. Summer activities include hiking, camping, four-wheeling, and horseback riding on the ranch. www.fayranches.com | (800) 238.8616 | info@fayranches.com

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LOCATION Calamity Jane Horse Cache is about fifteen minutes west of Montana’s largest city, Billings (population 109,843±), offering a commercial airport, universities, and tremendous growth opportunities. Easily accessed via paved highway and well-maintained country road, the ranch is nestled along Canyon Creek and about 15± minutes to Laurel (population 6,629±).

Billings is the seat of Yellowstone County and is currently experiencing rapid growth. Founded as a railroad town in 1882, Billings is presently one of the largest trade areas in the U.S. The city hosts a variety of conventions, concerts, sporting competitions, and other events. Billings is also home to a thriving medical corridor. Billings is often called the “banana belt” of Montana, as the winters are relatively pleasant, bright, and sunny, even during cold snaps.

The ranch is an ideal launching point for western exploration: Yellowstone National Park, the cowboy outpost of Cody, WY, and world-class Big Sky skiing are all within about a two-hour drive. Even closer, the booming ski town of Red Lodge is less than an hour’s drive from the ranch and the starting point for one of the most beautiful drives in America: the 69-mile Beartooth Highway that reaches a height of almost 11,000 feet as it climbs through the Beartooth Mountains to Yellowstone National Park. Red Lodge is also a popular destination to enjoy excellent skiing, snowboarding, fishing on blue-ribbon trout streams and high-country lakes, hiking, biking, horseback riding, and big game hunting.

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Calamity Jane Horse Cache | Molt, Montana

GETTING THERE Billings Logan International (BIL) is the closest airport, about 30 minutes from the ranch. The Billings airport is serviced

by United, Delta, Alaska, Cape Air, Frontier, American, and Allegiant Airlines.

Just 10 minutes from the property, Laurel Municipal Airport supports private planes and has three runways.

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

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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.

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Calamity Jane Horse Cache | Molt, 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 Calamity Jane Horse Cache does not have a conservation easement in place.

Each of us at Fay Ranches has a love of the land and a desire to see it remain as productive agricultural ground as well as quality fish and wildlife habitat. Through promoting the use of thoughtful land stewardship, Fay Ranches has guided owners toward a legacy of conserving wide open spaces, enhancing and creating fisheries and wildlife habitat, and implementing sustainable agricultural operations. Fay Ranches is proud to say that since our company began in 1992, the landscape on which we work has been significantly enhanced by the conservation ethic and land-use practices of our clients. www.fayranches.com | (800) 238.8616 | info@fayranches.com

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Calamity Jane Horse Cache | Molt, Montana

SUMMARY Calamity Jane Horse Cache is a rare piece of the west that offers various recreation and agricultural opportunities. The ranch has supported herds of cattle, sheep, and bison in the past. Still, it excels as a horse and recreation property offering many, many miles of trails through diverse topography without ever leaving the property’s borders. This ranch is in a highly desirable and beautiful part of Montana that is private yet close to a commercial airport and other convenient services. There is excellent big game and a variety of bird hunting opportunities on the ranch, as well as excellent fishing minutes from the ranch. This is a rare find due to its many attributes, including history, location, size, and investment potential.

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

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PRICE $2,454,390

TERMS Cash

CONTACT Please contact Vinny Delgado at 406-253-0507 | vdelgado@fayranches.com or Lorie Trump at 406-8602902 | lorie.trump@montana.net to schedule a showing. This is a co-listing. An agent from Fay Ranches or Glover Realty Group 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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State of MT

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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.

VINNY DELGADO ranch sales

Licensed in: MT c. 406-253-0507 vdelgado@fayranches.com

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