SOLD: Montana's T-Rex Ranch | Fay Ranches

M ON TANA’S T -R EX R ANC H Jordan, Garfield County, Montana $4,850,000 | 8,729± Deeded Acres | 1,172.5± Active Cropland | 3,468± BLM | 640± State

Montana’s T-Rex Ranch | Jordan, Montana

INTRODUCTION Eastern Montana’s landscape and topography differ significantly from the more mountainous western part of the Treasure State. The one-of-a-kind 8,729± acre Montana T-Rex Ranch serves as a perfect example of the diversity within this region. It’s part of the Hell Creek Formation with rolling hills, native ranges, wide-open prairies, timbered stands, rocky buttes, sandstone cliffs, reservoirs, seasonal drainages, and desert-like flora and fauna. This fossil-rich geological wonder has long fascinated geologists and paleontologists and created a productive dryland farming and ranching legacy. With forage, forests, open meadows, exceptional big game, and upland bird hunting, along with two well-maintained homes, and you have a ranch like no other.

Not far from the Charles M. Russell National Wildlife Refuge and the Fort Peck Reservoir, abundant hunting and fishing opportunities draw recreationists to the area. However, the small rural population, wide-open skies, and stretches of untouched native grasslands lend a sense of peace and the feel of a pastoral getaway that’s akin to the old Montana once inhabited by the homesteaders.

Here, the new owners can reap the benefits of a productive and well-managed farm and ranching operation, wildlife, recreation, and a landscape that was once home to dinosaurs and other prehistoric creatures.

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QUICK FACTS • Named for two T-Rex skeletons and other prehistoric fossils discovered on the ranch • As part of the Hell Creek Formation, a widely studied geologic formation that once supported a variety of dinosaurs, fossil hunting is still popular on the ranchlands • Located 20 miles from the small community of Jordan, 85 miles from Miles City and the Miles City Airport, and 3.5 hours Montana’s largest city of Billings and Billings Logan International Airport • Income potential with a cattle operation/lease and productive croplands • The diverse landscape and proper management have created ideal cattle ranching terrain that includes nine pastures for grazing rotation and includes leased BLM and state lands • Multiple water sources, including reservoirs, springs, and seasonal drainages • The entire property is fenced at the boundaries, and agricultural structures include a shop, grain bins, and cattle sheds • Includes a primary residence and a well-kept farmhouse that could serve as manager or guest quarters.

• Easy access to thousands of acres of public lands, including BLM and the 1.1 million-acre Charles M. Russell National Wildlife Refuge that surrounds Fort Peck Reservoir • Multiple trails for ATV, UTV, trail riding, and hiking throughout the property • Excellent big game and upland bird hunting on the ranch and surrounding public lands • Nearby Fort Peck Reservoir, the 5th largest man-made lake in the U.S., provides year-round fishing opportunities and is known for trophy pike, lake trout, walleye, and bass

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Montana’s T-Rex Ranch | Jordan, Montana

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

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LOCATION The Montana T-Rex Ranch is part of the Hell Creek Formation and is named for the T-Rex skeletons and other prehistoric fossils discovered on the property. It’s located in the Missouri Breaks, at the edge of the 1.1 million-acre Charles M. Russell National Wildlife Refuge — home to Rocky Mountain elk, mule deer, white-tailed deer, pronghorn, Rocky Mountain bighorn sheep, and mountain lions, among a variety of other species — and the 134-mile-long Fort Peck Reservoir, the 5th largest man-made lake in the U.S. that’s famous for its trophy pike, lake trout, walleye, and bass fishing.

The ranch is located in Garfield County and serviced by the county seat, Jordan, a small community that offers K-12 schools, restaurants, bars, grocery stores, gas stations, hotels, churches, a medical center, and the Garfield County Museum.

The larger community of Miles City, located 85 miles south of Jordan, features all the “big town” amenities one might need, including a major medical facility, grocery stores, gas stations, hotels, fine and casual dining, salons, K-12 schools, a community college, auction yard, and numerous banks, among other things. Known as the “Cowboy Capital of Montana,” Miles City is the hub of Eastern Montana and home to the world-famous Bucking Horse Sale held each spring.

Billings, Montana, the largest city in the state, is 3.5 hours from the ranch.

Along with top-notch healthcare facilities and amenities commonly found in large cities, it’s also home to Billings Logan International Airport, the second-largest airport in the state.

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Montana’s T-Rex Ranch | Jordan, Montana

GETTING THERE The Montana T-Rex Ranch is 20 miles northwest of Jordan, Montana, via west on Highway 245 and Brussett and Snow Creek County roads.

AIRPORT SERVICES Billings is approximately 3.5 hours west of the Montana T-Rex Ranch and is home to Billings Logan International Airport, the second largest airport in Montana, featuring nonstop flights to several airline hubs, including Dallas/Fort Worth, Denver, Minneapolis/St. Paul, Portland, Las Vegas, Los Angeles, Phoenix/Mesa, Salt Lake City, and Seattle. Air service is provided by Delta, United, Frontier, Alaska Air, Allegiant, and American Airlines. Billings also serves as a small hub for Cape Air, a commuter airline that operates nonstop flights within Montana to Sidney, Glasgow, Havre, Wolf Point, and Glendive.

The Miles City Airport, 85 miles from Jordan, has hangars and fueling services and commercial flights that vary, and Jordan offers a 75-by-4,300-foot paved airstrip that’s available for private and charter aircraft.

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IMPROVEMENTS • Older 4 bedroom, 2 bath, ranch-style 2,488 square feet home with forced air propane heat and air conditioning • Older 3 Bedroom, 1 bath ranch style home, propane stove • 4,000 square feet Quonset with power • 2,800 square feet pole/calving barn with power • Older corral systems • 3,072 square feet pole barn with power • 11 grain bins

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Montana’s T-Rex Ranch | Jordan, Montana

ACREAGE The Montana T-Rex Ranch consists of 8,729± deeded acres, along with and 3,468± acres of BLM land and 640± acres of state land, both of which are leased.

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CLIMATE Climate for Jordan, Montana Climate information courtesy of http://www.city-data.com/city/Jordan-Montana.html

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Montana’s T-Rex Ranch | Jordan, Montana

RECREATION While hunting and fishing are the primary draws, outdoor enthusiasts can also enjoy the well-maintained campgrounds and boating opportunities on and around the 134-mile-long Fort Peck Reservoir, which also features 1,500 miles of shoreline. Exploring the nearby 1.1 million-acre Charles M. Russell National Wildlife Refuge is a must, featuring hiking, biking, sightseeing, wildlife viewing, photography, and picnicking opportunities. Or you can simply enjoy the peace and quiet that exists in this remote natural setting.

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H unting & W ildlife The Charles M. Russell National Wildlife Refuge, just south of Montana’s T-Rex Ranch, consists of 1.1 million acres of public land that’s home to Rocky Mountain elk, mule deer, white-tailed deer, pronghorn, bighorn sheep, and mountain lions, among a variety of other species. In addition, the refuge is adjoined by hundreds of thousands of acres of additional public lands that are accessible by roads, trails, and the Fort Peck Reservoir. The area is known for worldclass hunting, both in the backcountry and the open meadows, prairies, and forested lands that are closer to the roads.

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Montana’s T-Rex Ranch | Jordan, Montana

F ishing Just north of Jordan is Fort Peck Reservoir, the 5th largest man-made body of water in the U.S. The lake’s remote location and the area’s small population allow for year-round, high-quality angling. Fort Peck supports large populations of crappie, pike, walleye, trout, perch, paddlefish, sauger, bass, and pike, among other fish species, and features 1,500± miles of shoreline and several marinas and boat ramps to serve anglers. And in the winter, with 250,000± acres of ice, ice fishing is a draw.

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INCOME | RETURN OPPORTUNITY The T-Rex Ranch has historically been utilized as a cattle ranching, both owner-operated and leased, and it’s set up for seasonal grazing or year-round calf-cattle operation. Fully fenced at the boundary lines, the ranch includes nine true grass pastures for grazing rotation. Several water sources, with wells, seasonal drainages, and reservoirs, provide livestock water throughout the season. In addition to grazing, wheat has historically been grown on the 1,172± active cropland acres on a summer fallow rotation. Currently, the ranchlands are leased out for grazing and wheat production.

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Montana’s T-Rex Ranch | Jordan, Montana

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

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WATER SOURCES | WATER RIGHTS The T-Rex Ranch features seasonal drainages, wells, springs, dams, and reservoirs for abundant livestock and dryland crop water sources.

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.

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Montana’s T-Rex Ranch | Jordan, Montana

CONSERVATION | STEWARDSHIP 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 habitats, 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.

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SUMMARY Not many people can say that T-Rex skeletons and other prehistoric fossils were discovered on the land they own. That’s just one aspect of the Montana T-Rex Ranch. It also features a diverse variety of terrain, views that stretch for miles, the economic benefits of a cattle operation or lease, and abundant wildlife and recreational opportunities both on the ranch and within nearby public lands, including Fort Peck Reservoir and the Charles M. Russell National Wildlife Refuge. Once home to dinosaurs, the area remains much the same as it did when the area’s first homesteaders touched down, and it’s ready to be passed along to the next best stewards.

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Montana’s T-Rex Ranch | Jordan, Montana

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

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PRICE $4,900,000

TERMS Cash, Conventional Financing, 1031 Tax Exchange

CONTACT Please contact Kebi Smith at (406) 671-2436 | ksmith@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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Montana’s T-Rex Ranch | Jordan, Montana

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

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Biscuit Butte

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Montana’s T-Rex Ranch | Jordan, Montana

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Montana’s T-Rex Ranch | Jordan, 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.

KEBI SMITH Ranch Sales Licensed in: MT, WY c. 406-671-2436 ksmith@fayranches.com

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