The Refuge | Fay Ranches

T HE R EFU GE Belgrade, Montana $4,750,000 | 161± Acres

The Refuge | Belgrade, Montana

INTRODUCTION The Refuge is a rare offering in one of the most picturesque settings, with views of the Bridger Mountains' southerly face and the entire Gallatin Valley. Located just 25± minutes north of Bozeman, 15± minutes to Bozeman Yellowstone International Airport, and minutes from world-class skiing and blue-ribbon fishing, this unencumbered 161± acre escape is the epitome of scenic beauty and complete privacy. Despite the nearby attractions, it will likely be hard to leave the property. Here you will find rolling hills with lush riparian areas and a year-round spring that babbles down to a private pond, providing an important water source for the abundance of wildlife that call the ranch home. This striking family retreat is professionally landscaped and impeccably maintained with a five-bed, five full bath, one-half bath, 6,800± SF custom ranch style home, and a four-bed, two-bath, 2,280± SF guest home, both boasting perfectly framed views of the Bridger Mountains and valley below. The ultimate getaway for those looking for privacy yet ideal proximity, this property checks all the boxes.

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

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ACREAGE AND AGRICULTURE With year-round access off Dry Creek Road, most of which is paved, head up the .5± mile private driveway to 161± acres of rolling fields, treelined draws that serve as wildlife corridors, and some of the most stunning 360-degree views in the valley. The custom home sits at the end of the driveway, with the guest home less than 500 feet away. The improvements are surrounded by roughly 138 acres of excellent hay crop. A new owner can also enjoy the beautiful spring-fed pond and a 2,500± foot grass runway for bush planes.

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The Refuge | Belgrade, Montana

IMPROVEMENTS The ranch compound, featuring a main home and guest home, blends beautifully into the professionally landscaped acreage surrounding it.

Main Home The 6,800± SF custom ranch style main home features five bedrooms and five full bathrooms, one-half bathroom, an open floor plan, and a spacious heated attached three-car garage. Many visitors have remarked that this is the most well-thought-out floorplan they have ever seen. Great care has been taken to create order and peace in the home, optimizing functional space while minimizing the potential for clutter and confusion. www.fayranches.com | (800) 238.8616 | info@fayranches.com

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The Refuge | Belgrade, Montana

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

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This beautiful main home features walnut flooring, two exquisite stone fireplaces (one inside and one outside), and a central stone island with a custom wood bar. The kitchen and bar are the center of the home.

The custom chef’s kitchen is designed for large families and entertaining and features three ovens (electric convection and small and large gas oven) and a six-burner gas stove with skillet top and high capacity overhead vent with multiple fans. For organization, utilize the butler’s pantry with two dishwashers, an additional extra-large refrigerator/freezer, and an ample amount of counter space and cabinetry.

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

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Adjacent to the main living room is an office designed to keep day-to-day clutter organized and contained away from the entertaining spaces of the main room, dining room, and kitchen. The home also features a spacious custom mudroom and closet with dozens of built-in hangers, as well as multiple built-in closets for hats, gloves, and boots.

The master wing and kids/guest wing have private hallways and are separated on either side of the home. The master bedroom has a perfect view of Ross Peak and a private covered deck. The master bathroom features a walk-in closet with custom woodworking, a cedar ceiling, a custom wood island with built-in storage, a changing/folding table, a built-in ironing board, and a stacked washer and dryer. It also boasts a custom tiled steam shower with his and hers seats and twin shower nozzles, as well as two vanities, a bidet toilet, and a mirror that perfectly reflects a view of Ross Peak and the Bridger Mountains through the picture window above the clawfoot tub.

Upstairs of the master bedroom is a private office with spectacular 270-degree views of the surrounding mountains, valleys, and fields. This spacious room has a private deck facing the Bridger Mountains and a custom built-in desk and bathroom with a bidet toilet and shower.

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Guest Home The 2,280± SF guest home features four bedrooms and two bathrooms. Well decorated, the home has two living areas, a river-rock wood-burning fireplace, a large kitchen area with pantry, as well as covered front and back porches. Some of the best views are seen from the front porch, facing the spring creek to the north of the property and the Bridger Mountains, not to mention views of the entire Gallatin Valley. The guest home includes a custom-built detached heated two-car garage/workshop with high garage doors that are large enough for trucks, snowmobiles, toys, boats, or working on your latest projects.

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LOCATION The Refuge is a 25± minute drive from the vibrant university town of Bozeman (population 52,800±), home to Montana State University and the Museum of the Rockies. Bozeman has received national accolades for its scenic location, endless outdoor activities, and historic downtown. Bozeman restaurants and shops have become favorite places for those who love nature—whether fishing, hunting, skiing, mountain biking, or hiking. Bridger Bowl Ski Area is a 15± minute drive northeast of Bozeman and offers light, fluffy snow, locally known as the ‘cold smoke,’ providing a small-town atmosphere with world-class terrain. If you take Highway 191 south from Bozeman, within an hour, you will pass the entrance to three worldclass ski resorts, Big Sky Resort and Moonlight Basin, as well as the Yellowstone Club. If you continue a few minutes further south from the turnoff to Big Sky, you will enter Yellowstone National Park, packed with unique scenic and geothermal features. The Park also has some of the best trout fishing in the world.

Bozeman; source: www.marriott.com

GETTING THERE Located 15± minutes from the property, Bozeman/ Yellowstone International Airport is the busiest airport in Montana. The airport is served by Alaska, Allegiant, American, Avelo, Frontier, Jet Blue, Delta, Southwest, Sun Country, and United Airlines, with direct flights to and from numerous cities, with additional direct flight options added often.

The Refuge | Belgrade, Montana 10

RECREATION Fishing The closest fishing access is on the East Gallatin River, about five minutes from the property. The West Gallatin River is 25± minutes away. The Madison, Jefferson, and Yellowstone Rivers are 30 to 45 minutes of The Refuge. These are arguably the most famous fly fishing rivers due to their scenic beauty and incredible numbers, and size of wild 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 this area. Throw in some of the best streamer fishing in the state, as well as great nymph fishing at all times of the year, and you have a variety of rivers that can provide a lifetime of entertainment for beginners as well as seasoned veterans. Fish in these rivers can exceed 24”.

Other rivers within 1.5 hours of the property are the Ruby, Big Hole, Missouri, and the Beaverhead. Several internationally famed “fee” spring creek fisheries are also nearby. About an hour over the hill in the Paradise Valley along the Yellowstone River, Depuy, Armstrong, and Nelson Spring Creeks attract anglers. Fishing conditions on these creeks are excellent, even through winter. 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. 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. The Park hosts fishing opportunities on 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.

East Gallatin River; source: montanaangler.com

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Hunting & Wildlife This ranch is home to pheasant, Hungarian partridge, antelope, and white-tailed deer, for which the hunting can be outstanding in this part of the valley. Harriers make their home on the land and cruise low over the fields every morning, while owls are frequent night visitors and golden eagles nest adjacent to the property.

Elk come to calf in riparian areas surrounding the property, also a seasonal home to moose. The seemingly endless acres of nearby National Forest yield outstanding big game hunting for deer, elk, and antelope. The vast mountain ranges, beautiful meadows, streams, and lush valleys in this area offer many recreational pursuits, including horseback riding, hiking, backpacking, bird watching, mountain biking, cross country skiing, and just relaxing and enjoying the scenery.

Elk; source: billingsgazette.com

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The Refuge | Belgrade, Montana

Pheasant; source: pheasantsforever.org/

Other Recreation During the winter months, there are plenty of recreational activities to keep you occupied. Big Sky Resort is south of the property by about 62 miles. This area is booming with real estate projects such as the Yellowstone Club (a private ski mountain), Moonlight Basin, and the Spanish Peaks Club, each with their own private Jack Nicklaus or Tom Weiskopf designed golf course. The Bridger Mountain Range is home to Bridger Bowl Ski Area. Bridger Bowl has a top elevation of 8,700 ft and a base elevation of 6,100 ft. On average, the ski area receives 350 inches of snow every year. Bridger Bowl and Bohart Cross Country Ski Ranch are just a short drive northeast of Bozeman and offer great skiing with a charming and local atmosphere. Backcountry skiing/snowboarding in the area is also top-rated.

Big Sky Resort; source: forbes.com

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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 The property does not have a conservation easement in place currently but is surrounded by other properties that are held in conservation easements.

Each agent and staff member at Fay Ranches has a love of the land and a desire to see that it remains as productive agricultural ground as well as high 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 work 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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The Refuge | Belgrade, Montana

QUICK FACTS • • • • • • • •

161± acres with a spring-fed pond and grass airstrip 138± acres are hayed Custom 5 bed, 5.5 bath main home and 4 bed, 2 bath guest home just down the drive Incredible Gallatin Valley views of surrounding mountain ranges Easy, year-round access off the mostly paved Dry Creek Road 5± minutes to the blue-ribbon East Gallatin River 15± minutes to the towns of Belgrade and Manhattan, as well as a commercial airport 25± minutes north of Bozeman

SUMMARY The Refuge is truly one-of-a-kind, overlooking the entire Gallatin Valley, providing a sense of solitude, serenity, and beauty with incredible views of surrounding mountain ranges while boasting a main home and guest home. The homes possess unmatched cachet, complementing the land with the highest level of quality and sophistication. There is always an abundance of wildlife, usually in sight of the homes. Located just minutes from amenities and a commercial airport, the ranch boasts access to the broadest range of outdoor recreation, inviting year-round adventure. The Refuge is among the very best luxury properties near Bozeman, a rare combination of usable acreage, privacy, wildlife, and exquisite improvements.

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PRICE $4,750,000

TERMS Cash, Conventional Financing, 1031 Tax Exchange

CONTACT Please call Branif Scott at 406-579-9599 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 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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The Refuge | Belgrade, Montana

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 veracityof 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.

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.

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.

BRANIF SCOTT Broker Associate Licensed in: MT, WY o. 406-586-4001 | c. 406-579-9599 bscott@fayranches.com

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