Bozeman, Montana
$2,700,000
40± Acres
INTRODUCTION
Springhill 40 is an exceptionally rare offering in one of the most coveted and historic areas in the Gallatin Valley. Almost impossibly secluded and located in the shadow of Ross Peak, this property is in a vibrant and varied wildlife corridor near the Springhill community. Tom Reese Creek and Evan Reese Creek turn into Reese Creek, flowing through the property for about a third of a mile. Just 25± minutes north of Bozeman, this 40± acre private escape is the epitome of scenic beauty. The acreage is comprised of lush wetlands and groves of aspens with exquisite views of the south face of the Bridger Mountains and Gallatin Valley.
1 Springhill 40 | Bozeman, Montana
QUICK FACTS
• 40± forested acres surrounded by aspen trees
• Stunning views of the Bridger Range and Gallatin Valley
• About a third of a mile of creek frontage
• Wildlife galore: pheasant, Hungarian partridge, bear, mountain lion, moose, deer, turkey, and elk
• Easily accessible year-round
• Exceptional horse and hunting property
• Thousands of acres of Gallatin National Forest right down the road
• 25± minutes from Bozeman, Montana, and its international airport
• 45± minutes to Bridger Bowl Ski Area; 1.5± hours to Big Sky Resort
• 1.5± hours to the north entrance of Yellowstone National Park
ACREAGE
Springhill 40 is roughly rectangular and consists of two 20± acre parcels. The property is well-diversified with lush meadows, numerous springs, aspen and willow trees, and exceptional views of the Bridger Mountains and Gallatin Valley. The topography is relatively flat and usable, and the acreage climbs very gently from west to east toward the Bridgers. The property and its neighborhood are protected from any significant subdivision by the county regulations of the Reese Creek Zoning District. This protection is an increasingly valuable feature contributing to the high quality of life in the Reese Creek/Springhill community. Springhill 40 has power up to the parcels, and the road into the acreage has been recently improved. From various points on the acreage, you may enjoy vistas of the Gallatin Valley and five mountain ranges or the abrupt features of the Bridger Mountains and Ross Peak. The property offers privacy while affording the owner proximity to Bozeman and Bridger Bowl Ski Area.
3 Springhill 40 | Bozeman, Montana
Springhill 40 | Bozeman, Montana
LOCATION
Springhill 40 is located within one of the first settlements in the Gallatin Valley. Today, the Springhill/Reese Creek community still retains its pastoral roots. The historic, white-clapboarded Springhill School, Springhill Church, and Springhill Pavilion all contribute to the area’s historical intimacy and charm and are located not far from the property. 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.
GETTING THERE
Bozeman-Yellowstone International Airport is southwest Montana’s transportation hub, only 25± 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.
7 Springhill 40 | Bozeman, Montana
RECREATION
HUNTING | WILDLIFE
The habitat diversity of this area is attractive to a variety of wildlife, including a bountiful elk herd, turkey, pheasant, waterfowl, and deer, which all call the property home. Springhill 40 lies in hunting district 312, which offers general hunting for elk and whitetail deer. Mule deer are huntable by draw tag only. The area is known for being a wintering ground for large herds of elk and later serves as a calving sanctuary for the cows in the spring. Trophy whitetail and mule deer call the area home, as well as a high population of black bears.
FISHING
Evan Reese Creek and Tom Reese Creek hold small trout for fishing on the property. The closest access to fish larger water would be on the Gallatin River, about 20 minutes from Springhill 40. The West Gallatin River is about 30 minutes away. The Madison River and the lower Jefferson River are only a 35± minute drive and offer excellent fishing for large brown and rainbow trout. The Madison, Yellowstone, and Gallatin rivers are known for their dry fly fishing. From blue-winged olives and midges in the spring, the salmon fly hatch in June, mayflies, caddis, hoppers, and terrestrials in the summer, and back to blue-winged olives and midges in the fall and winter, the time is always right for fishing in this area. Throw in some of the best streamer fishing in the state and great nymph fishing throughout the year, and you’ve got a variety of rivers that can provide a lifetime of entertainment. Fish in these rivers can exceed 24”. Other rivers that are within 1.5± hour’s drive from the property and offer world-class trout fishing are the Jefferson, Ruby, Big Hole, Missouri, and Beaverhead Rivers. About 45 minutes over the hill in the Paradise Valley along the Yellowstone River, the Depuy, Armstrong, and Nelson Spring creeks attract avid anglers from around the globe. These spring creeks are natural wonders emerging from the ground, with a large volume of nutrient-rich water providing an enormous amount of aquatic life, including an abundance of wild trout. Fishing conditions on these creeks are consistently wonderful, even through winter. 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 may beckon a curious angler. One to two hours of travel time will put you into the Henry’s Fork watershed in Idaho or well into the center of Yellowstone National Park. Yellowstone National Park is the birthplace of many of the finest trout rivers in the West. Headwater streams, such as the Gibbon, Firehole, and Lamar, create rivers such as the Madison and Gallatin within its boundaries. The park hosts many fishing opportunities, with over a hundred lakes and a thousand miles of streams. Nowhere in the world are so many public rivers and streams found within such a small area.
Fly fishing; not taken on property
OTHER RECREATION
Several Forest Service access points are close by and are ideal for horseback riding, hiking, mountain biking, cross-country skiing, and a variety of other outdoor activities. The Bozeman area has long attracted outdoor enthusiasts from around the world. Regardless of the season, there are many outdoor adventures to be found. Whitewater rafters and kayakers enjoy running the rapids in Gallatin Canyon, the Beartrap, or Yankee Jim in the spring. In the winter, head to Bridger Bowl Ski Area, about 45± minutes from the property, or Big Sky Resort, about an hour and a half south.
Springhill 40 | 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
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.
Springhill 40 is a one-of-akind property in the Gallatin Valley, providing a sense of solitude, serenity, and beauty with incredible views of five surrounding mountain ranges and the entire valley. Springhill 40’s location is exceptional. The property is private, beautiful, usable, accessible and convenient to the best that Montana has to offer. Located just minutes from amenities and an international airport and providing access to the broadest range of outdoor recreation, the property invites yearround outdoor adventure. It is a property of convenience yet complete seclusion with all the recreational activities one could imagine.
Springhill 40 | Bozeman, Montana
Please contact Sam Shelton at (406) 600-5354 | sshelton@fayranches.com or 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.
$2,700,000 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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