| County: Beaverhead |
Acreage:
6,999 +/- Deeded |
Acreage Breakdown:
The Lima Peaks Ranch is comprised of deeded, BLM (Bureau of Land Management), and state of Montana land, and enjoys the use of an adjoining U.S. Forest Service grazing allotment. All the land lies in one large block running from the highway to the mountains; approximately 8 miles long and 4 miles wide.
Deeded Land: +/- 290 acres pivot irrigated
+/- 60 acres improved range
+/- 6,649 acres native range
Total Deeded Land +/- 6,999 acres
BLM: +/- 1,820 acres
State: +/- 3,773 acres
Beaverhead National Forest,
Lima Peaks Allotment: +/- 6,930 acres
Total Acres +/-19,522 acres
Grazing Allotments:
BLM:
Lima Peaks: 264 cow/calf pairs 7/11 - 10/15
Truax: 19 cow/calf pairs 7/1 - 11/1
Forest Service; Lima Peaks:
East Creek: 475 yearlings 7/1 - 9/15
Dutch Hollow: 475 yearlings 7/1 - 9/15
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Executive Summary
Nestled beneath the 11,000-foot Lima Peaks, this mountain ranch features true end-of-the-road privacy. The exceptional-quality, 9,880± square-foot residence overlooks a private lake and is reminiscent of an exclusive European resort accented with walnut, stone, marble, copper and glass. Only 15 minutes from a jet airstrip, the ranch has a complete set of ranch buildings including a handcrafted log home, custom indoor horse arena, manager’s home, private lakes and a fish hatchery. The property includes deeded, State of Montana, BLM land and adjoining Beaverhead National Forest grazing allotment for a total of 19,522± acres. A pivot-irrigated hay base and productive rangeland allow this Shangri-La to operate as a great ranch.
Location
The Lima Peaks ranch is located in southwestern Montana directly south of the town of Lima in the Red Rock River Valley. The Idaho border is approximately 5 miles south of the ranch, and Yellowstone National Park is 60 miles east. Dillon is 50 miles northwest, and Bozeman, Montana is about a 2-hour drive to the north. Jackson Hole, Wyoming, is about a 2 1/2-hour drive to the southeast. Dillon offers a complete range of services, including a fully equipped hospital, numerous banks, legal services and even a Patagonia outlet store. Dillon is also a college town with several good "watering holes," as well as equipment dealers and restaurants. Close to the ranch is Lima, with a few restaurants, motels, a school, churches and other services. Only 8 miles away is the small town of Dell, home to a general store and the attractive Stock Yard Inn with its excellent restaurant. Dell also features a beacon-lighted 7,000 foot paved jet airstrip with private fuel depot. The airstrip was originally built for refueling aircraft on their way to the Pacific during World War II. It was fully reconstructed and brought up to modern standards about fifteen years ago.
Leases and Permits
State of Montana:
Leases # 9723
# 9724
# 9726
# 9727
The ranch pays for 1,121 animal unit months (AUMs) on these state leases.
Improvements
The Lima Peaks Ranch has superb residential and ranch operating improvements and the owner's residence is phenomenal! It has been constructed using the finest materials throughout, and is located in a setting that is totally private and spectacular. The residence was designed by the world renowned architectural firm of Voorsanger & Associates, P.C. and was featured in Architectural Digest with a five page spread.
Bimatt Springs Compound:
The manager's home has 4 bedrooms, 2 baths, and was completely remodeled in 2000 with hardwood floors throughout. There is 2-car garage with a bathroom.
Fish hatchery: This is a self-contained ranch fish hatchery, which is fed by two wells. The hatchery is used to stock the fishing lakes on the ranch.
Horse arena: A 200' by 100' indoor riding/roping arena with lounge, bathroom, shower, tack room, 14 horse stalls, horse shower, and commercial washer/dryer facility. There are also adjoining paddocks and a round corral.
Christopher Unit:
Residence: The handcrafted log home has 3 bedrooms and 2 baths. There are corrals and a storage area for the resident's convenience. Across the creek is a one-room cabin.
Emerald Lake:
Main residence: The house is set at the head of the valley and commands a panoramic view of 11,000 foot peaks and Emerald Lake. It is accessed by a beautifully contoured gravel road, which winds up the Birch Creek Valley for 5 miles. This one-of-a-kind home is 9,880 square feet of superb craftsmanship with incredible windows, walnut walls, floors, and hand-carved 8' doors and copper roofing. The exterior and interior walls and fireplaces are constructed of garnet imbedded granite. The master bedroom, with separate his and her marble walled bathrooms, enjoys amazing views of Lima Peaks and the lake. There are also state-of-the-art climate control and media systems. The living room boasts the largest single pane of glass in North America, 33' x 10', bringing Lima Peaks and Emerald Lake right into the house. This home has 7 bedrooms, each with private bath. The owners have spared no expense in using the finest materials available. The house is very well lighted through the use of beautiful and creatively placed windows. The rock and woodwork complement the natural world of mountain sunrises, shadows and moonlight.
Climate
The climate is considered relatively mild for Montana with average precipitation in the valley of 12" - 14". This is not heavy snow country, which is probably why the Shoshone, Bannock and Flathead tribes used the area before the arrival of Europeans. In 1805, Lewis and Clark passed through the region. It was here that they abandoned their boats to cross the Great Divide. Shortly thereafter, mountain men arrived to harvest the plentiful beaver.
General Operations
Until recently, the Lima Peaks Ranch, was operated as part of a larger ranch. On its own, we estimate it will carry in excess of 7,000 animal unit months (AUMs), probably best utilized by running yearling cattle during the summer months. One could run at least 850 yearlings for 5 months and perhaps up to 1,000 yearlings in wetter years.
Wildlife Resources
The Lima Peaks Ranch is home to almost all of the big game species in the Rocky Mountains including elk, moose, mountain goats, deer and antelope, as well as bear, and numerous non-game species. There are also 4 superb trout lakes on the property.
These lakes are spring-fed and have been carefully constructed or enhanced for the maintenance of high-quality water and high -quality trout populations. They have been engineered to optimize fresh water flow and oxygen production to ensure healthy trout. Five pound rainbow trout are not uncommon. Hunting and fishing on the ranch are excellent.
The opportunities to ride horseback or hike and climb are endless. With big open grassy ridges and alpine terrain above, it is doubtful that all the various rides and hikes could be accomplished in less than five years of diligent pursuit.
Taxes
The 2007 taxes were $22,393.73
Broker Comments
The Lima Peaks Ranch is exceptional. All of the ranch acreage and improvements are within one contiguous block running from the highway almost to the mountain tops, with a jet strip just 20 minutes away. The ranch is located near some of Montana's most famous fishing streams, and just over 2 hours from Bozeman. It is large and private with a stunning owner's residence, superb lake fishing, and incredible views. It offers outstanding recreational amenities on a true Montana mountain ranch.
*The sellers wish to retain lifetime fishing privileges in return for maintenance of the hatchery and stocking of the lakes.
Special Conditions
*The sellers wish to retain lifetime fishing privileges in return for maintenance of the hatchery and stocking of the lakes.
Sources
* Hall and Hall would like to acknowledge the outstanding professional photography of Gordon Gregory Photography. (Contact information is available upon request.)
Agency Disclosure Statement
Following is a Montana law required disclosure:
UNDERSTANDING WHOM REAL ESTATE AGENTS REPRESENT
Montana law requires that BUYER's and SELLER's be advised about the different types of agency relationships available to them (MCA § 37-51-102 & 37-51-321). A real estate agent is qualified to advise only on real estate matters. As the client or as the customer, please be advised that you have the option of hiring outside professional services on your own behalf (legal and tax counsel, home or building inspectors, accountant, environmental inspectors, range management or agricultural advisors, etc.) at any time during the course of a transaction to obtain additional information to make an informed decision. Each and every agent has obligations to each other party to a transaction no matter whom the agent represents. The various relationships are as follows:
SELLER's Agent: exclusively represents the SELLER (or landlord). This agency relationship is created when a listing is signed by a SELLER/owner and a real estate licensee. The SELLER's agent represents the SELLER only, and works toward securing an offer in the best interest of the SELLER. The SELLER agent still has obligations to the BUYER as enumerated herein.
BUYER's Agent: exclusively represents the BUYER (or tenant). This agency relationship is created when a BUYER signs a written BUYER-broker agreement with a real estate licensee. The BUYER agent represents the BUYER only, and works towards securing a transaction under the terms and conditions established by the BUYER and in the best interest of the BUYER. The BUYER agent has obligations to the SELLER as enumerated herein.
Dual Agent: does not represent the interests of either the BUYER or SELLER exclusively. This agency relationship is created when an agent is the SELLER's agent (or subagent) and enters into a BUYER-broker agreement with the BUYER. This relationship must receive full informed consent by all parties before a "dual-agency" relationship can exist. The "dual agent" does not work exclusively for the SELLER or the BUYER but works for both parties in securing a conclusion to the transaction. If you want an agent to represent you exclusively, do not sign the "Dual Agency" Disclosure and Consent" form.
Statutory Broker: is a licensee who assists one or more of the parties in a transaction, but does not represent any party as an agent. A licensee is presumed to be acting as a "statutory broker" unless they have entered into a listing agreement with the SELLER, a BUYER-broker agreement with the BUYER, or a dual agency agreement with all parties.
In-House SELLER Agent Designate: is a licensee designated by the broker- owner/manager (of the real estate brokerage) to be the exclusive agent for the SELLER for a specific transaction in which the brokerage has the property listed and the BUYER is working directly through the same brokerage also. This agent may not act on behalf of any other member of the transaction and works for the benefit of the SELLER, but still is obligated to the BUYER as any SELLER's agent would be.
In-House BUYER Agent Designate: is a licensee designated by the broker- owner/manager (of the real estate brokerage) to be the exclusive agent for the BUYER for a specific transaction in which the brokerage has the property listed and the BUYER is working directly through the same brokerage also. This agent may not act on behalf of any other member of the transaction and works for the benefit of the BUYER, but still obligated to the SELLER as any BUYER's agent would be.
Subagent: is an agent of the licensee already acting as an agent for either the SELLER or BUYER. A "SELLER agent" can offer "subagency" to an agent to act on his behalf to show the property and solicit offers from BUYER's. A "BUYER agent can offer "subagency" to an agent to act on his behalf to locate and secure certain property meeting the BUYER's criteria.
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