ELK MEADOW PRESERVE
Livingston, Montana $825,000 40± Acres
INTRODUCTION Set on 40± acres between Bozeman and Livingston, Elk Meadow Preserve occupies a remarkable setting surrounded by four of southwest Montana’s defining mountain ranges: the Crazies, Absarokas, Gallatins, and Bridgers. Their distant peaks frame the property in every direction, while a varied landscape of native grasslands, rolling terrain, open meadows, and drainages creates a rich mosaic of wildlife habitat. Elk, whitetail, and mule deer are frequent visitors, with the occasional moose adding to the property’s distinctly Montana character. Twenty of the 40± acres are subject to a permanent conservation easement, keeping the land open and the wildlife habitat intact. Far from a constraint, the easement locks in the long views and undeveloped feel that define the ranch, protecting it from future development. The remaining acreage leaves plenty of room for a homesite, outbuildings, or an equestrian setup, so an owner can build a legacy property while the protected ground continues to function as working land and a wildlife corridor. The land itself stands out. Rolling terrain moves through native grass, drainages, and open meadows, a mix of habitats that support wildlife and give the place its character. Minutes from Bozeman’s amenities and Livingston’s fly fishing and small-town feel, Elk Meadow Preserve combines privacy, protected open space, and easy access in a way that’s hard to find. Whether it’s a private retreat, a recreational basecamp, or a conservation-minded legacy property, Elk Meadow Preserve offers a genuine piece of Montana.
Elk Meadow Preserve | Livingston, Montana
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QUICK FACTS •
40± scenic acres with power in a highly desirable location between Bozeman and Livingston. • Haven for elk, deer, and other wildlife • Incredible views of four mountain ranges • 25± minutes west of Livingston • 25± minutes from the vibrant town of Bozeman • 35± minutes from Bozeman/Yellowstone International Airport, the busiest airport in Montana • 35± minutes from Bridger Bowl Ski Area • 75± miles north of Yellowstone National Park Buyers interested in additional acreage with an existing home and guest home may also consider the adjoining 40±-acre Elk Ranch, offered separately through Fay Ranches for $2,595,000
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www.fayranches.com | 800.238.8616 | info@fayranches.com
Elk Meadow Preserve | Livingston , Montana
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ACREAGE Elk Meadow Preserve totals 40± acres, split between 20± acres open for development and 20± acres held under a permanent conservation easement. The unencumbered acreage provides room to build a homesite, outbuildings, or equestrian facilities, while the easement-protected ground remains open and undeveloped, preserving the sweeping mountain views and wildlife habitat that define the property. It’s a setup that lets an owner build a legacy property on one half, while the other remains native rangeland and a wildlife corridor.
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www.fayranches.com | 800.238.8616 | info@fayranches.com
Elk Meadow Preserve | Livingston , Montana
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RECREATION FLY FISHING For anglers, one of Elk Meadow Preserve’s greatest recreational assets lies less than 25± minutes away. The Yellowstone River winds through southwest Montana as one of the West’s legendary wild trout fisheries, offering miles of productive water for brown, rainbow, and cutthroat trout. Extending 554± miles from Wyoming to its confluence with the Missouri, the Yellowstone is the longest free-flowing river in the lower 48. Whether floating beneath Montana’s mountain ranges, wade fishing a favorite run, or catching the celebrated Mother’s Day caddis hatch, the Yellowstone offers a world-class fishery within easy reach of the property. Just south of Livingston in Paradise Valley, three of the world’s best-known spring creek fisheries, Nelson’s, DePuy’s, and O’Hair’s (Armstrong’s), offer access to more than five miles of pristine, fee-based trout water. Known for their clarity and nutrient-rich flow, these spring creeks teem with aquatic life and wild trout, making them a favorite among anglers looking for an exceptional fly-fishing experience. Just 75 miles from the property, Yellowstone National Park is the source of some of the West’s most iconic trout rivers. The Gibbon, Firehole, and Lamar Rivers come together to form the famed Madison River, while the Gallatin River starts just inside the park’s western boundary below Three Rivers Peak. With over a thousand miles of fishable streams and more than 100 pristine lakes, Yellowstone offers an unmatched concentration of public fishing water, a true angler’s paradise. Head west from Elk Meadow Preserve, and in just over an hour, you’ll be casting into some of the best trout water in the country. The Missouri River’s headwaters, along with the East and West Gallatin, Madison, and Jefferson Rivers, promise great days on the water with stunning views and healthy fish populations.
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www.fayranches.com | 800.238.8616 | info@fayranches.com
SKIING AND SNOWBOARDING Less than 35± minutes from Elk Meadow Preserve, Bridger Bowl offers 2,000 acres of skiable terrain, a 2,600-foot vertical drop, and eight lifts. Known for its laid-back vibe, short lift lines, and affordable pricing, it’s Bozeman’s favorite local mountain, with four lodges (two at the base, two mid-mountain) that make a full day on the slopes easy. Big Sky Resort, about 45± miles from Bozeman, spans 5,512± acres of skiable terrain, including Moonlight Basin. It’s a four-season destination offering golf, fly fishing, hiking, and horseback riding alongside its skiing. Nearby, the Yellowstone Club offers a private ski and golf experience unlike any other in the world.
HUNTING | WILDLIFE Dozens of species call this area home, including deer, elk, grouse, and the occasional moose. Bird watching is exceptional too, with raptors, bald eagles, mountain bluebirds, sandhill cranes, and other species keeping you occupied for hours. Private and rich in habitat, the property serves as a critical winter range for elk herds that return each year to a seasonal ritual. It also offers strong hunting for whitetail and mule deer, and with over-the-counter licenses readily available to residents, it makes an excellent hunting retreat for owners and their guests. Known for big-game hunting, the Bozeman and Livingston area is surrounded by public and private land managed by various agencies, offering excellent hunting, outstanding photography, and wildlife viewing opportunities.
Elk Meadow Preserve | Livingston, Montana
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MINER AL 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.
CON SERVATION | STEWARDSHIP Each of us at Fay Ranches 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 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, our clients’ conservation ethics and land-use practices have significantly enhanced our work landscape. 8
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.
Elk Meadow Preserve | Livingston, Montana
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SUMMARY Elk Meadow Preserve spans 40± acres between Bozeman and Livingston, with 20 acres available for development and 20 acres permanently protected by a conservation easement. The easement preserves open space, wildlife habitat, and expansive views of the Crazy, Absaroka, Gallatin, and Bridger ranges. Elk, whitetail and mule deer, and abundant birdlife frequent the property, which also provides important winter range for migrating elk herds and quality hunting opportunities. The property is approximately 25± minutes from downtown Bozeman and Bridger Bowl Ski Area and 35± minutes from Bozeman Yellowstone International Airport. Big Sky Resort and Yellowstone National Park’s north entrance are roughly 90 minutes to an hour and a half away. The Yellowstone River is less than 30 minutes from the property, with Paradise Valley’s spring creeks and the Madison, Gallatin, and Missouri headwaters adding to the exceptional fly-fishing opportunities nearby. Private, protected, and highly accessible, Elk Meadow Preserve offers a distinctive opportunity to establish a legacy property in the heart of southwest Montana.
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www.fayranches.com | 800.238.8616 | info@fayranches.com
Elk Meadow Preserve | Livingston , Montana
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CONTACT PRICE
Please contact Branif Scott at (406) 579-9599 | bscott@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.
$825,000
TERMS Cash Conventional Financing 1031 Exchange
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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.
www.fayranches.com | 800.238.8616 | info@fayranches.com
REL ATION SHIPS 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 t h e 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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