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FEATURING Sun River Ranch Lewis & Clark County, Augusta, MONTANA

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Page 1: Open Fences Winter 2011

FEATURING

Sun River Ranch Lewis & Clark County, Augusta, MONTANA

Page 2: Open Fences Winter 2011
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The Sun River Ranch is one of the most complete and awe inspiringly beautiful private ranch retreats we have seen. Consisting of

approximately 3,000± total acres (1,539± deeded with the balance consisting of State of Montana and BLM leases), it lies along both sides

of approximately 3.5 miles of the trout rich Sun River just below the Gibson Reservoir Dam making it a tailwater fishery with limited

public access. The new improvements—highlighted by a spectacularly sited 7,325± sq. ft. owner’s residence built of large diameter logs,

a guest cabin, a barn with apartment, guest house and manager's house—are comfortable and fully adequate without being over the

top. The views are breathtaking of Castle Reef and Scapegoat Mountain. The ranch is easily accessible from nearby Augusta (20 miles

east) with commercial air service just over an hour away in Great Falls. This is one of the most protected and prolific wildlife areas in

Sun River Ranch

Page 5: Open Fences Winter 2011

2290 Grant Road, P.O. Box 81490, Billings, Montana 59108 www.hallandhall.com | 406.656.7500

Montana. It was an early target of The Nature Conservancy who

has bought or protected large tracts to the north where grizzly

bears forage out into the plains. The ranch also adjoins the 19,000

acre Sun River Game Range. It has easy, almost immediate access

to one of the most significant wilderness complexes in the lower

48 states that includes both the Bob Marshall Wilderness and

Glacier National Park.

Page 6: Open Fences Winter 2011

The Beretta Trident Program is the !rst and only system to rate !eld sports venues. Not an endorsement for purchase, but an objective

review process, “Tridents” are awarded for excellence. Combining the Beretta reputation for quality with a love of the sporting life,

the program ensures exceptional hunting and outdoor experiences.

For more information call the Beretta Trident Concierge at 1.888.881.9818 or visit www.BerettaTrident.com

We check the hunting, the habitat, the guides,the accommodations,the kennel, the menu and hospitality, so you don’t have to.

Page 7: Open Fences Winter 2011
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WARD CREEK RANCH, PLUMAS COUNTY, CALIFORNIA. See listing on page 31 – Photo by Vance Fox

marketing partners

Beretta Trident Programwww.berettatrident.com

Beretta Gallery www.berettagallery.com

Blue Star Jets www.bluestarjets.com

Cassford Management LLC™ www.cassfordmanagement.com

Clint Orms www.clintorms.com

Festivals of Speed® www.festivalsofspeed.com

Great Bay Rod Co. www.greatbayrods.com

Holland & Hollandwww.hollandandholland.com

Jonas Brothers Studios, Inc.www.jonasbrotherstaxidermy.com

Logsdail Classic www.logsdailclassic.com

MorganStanley SmithBarney [email protected]

National Cutting Horse Association www.nchacutting.com

PlaneClear www.flyplaneclear.com

Page 9: Open Fences Winter 2011

B R O K E R ’S L I S T I N G S

WEST28 California Outdoor Properties38 Bates Sanders Swan Land Co.56 The Whitney Land Company60 Chickering Company62 Benross Corporation68 Cocolalla Creek Ranch76 Ganado Group80 Suzanne Perkins, Sotheby’s Int’l.

NORTHEAST58 Josiah Allen Real Estate72 William Pitt, Sotheby's Int'l.

MIDWEST66 Lashley Land82 United Country Real Estate

SOUTHEAST14 Joan Pletcher

ROCKY MOUNTAINS20 Fay Ranches, Inc.36 Hall and Hall40 Hayden Outdoors42 Harrigan Land Co.44 Western United Realty46 Mirr Ranch Group50 Mason & Morse Ranch Co.52 Pearson Real Estate64 Lone Eagle Land Brokerage74 The Harvey Group78 United Country, RealQuest Realty

TEXAS24 Texas Best Ranches32 Mossy Oak Properties of Texas48 Century 21 Harvey Properties54 Clift Land Brokers70 Hoffman International84 Deitra Robertson Real Estate

INTERNATIONAL86 Compañía Argentina de Tierras

PUBLISHER David Light 207.449.2918

MANAGING EDITOR Melanie Raynor

CREATIVE DIRECTOR Jeff Morvil

GRAPHIC DESIGN Morvil Advertising + Design Group

OPERATIONS MANAGER Mark F. Walz

VP of WEB OPERATIONS John Hayter

DISTRIBUTION Sean Finley

CONTRIBUTING PHOTOGRAPHER Bill McDavid

CONTRIBUTING WRITERS Martha Cargill Francis Parker

COPY EDITING Martha Cargill

PUBLISHED BY OPEN FENCES LLC 14303 Kellywood Lane Houston, TX 77079 713.443.8532

www.openfences.com

© 2011 Open Fences LLC. All rights reserved. No part of this publication may be reproduced in any manner without the written permission of Open Fences LLC. OPEN FENCES is published four times a year by Open Fences LLC, 14514 Reserve Road, Pine, Colorado 80470. The OPEN FENCES logo and masthead is a copyrighted design ©. For subscriptions call: (207) 449-2918. The pictures and descriptions of real estate for sale are the individual property of the individual advertisers and not associated with Open Fences LLC. Open Fences LLC makes no representation or warranty of any kind for the accuracy of the content.

Our magazine is 100% recyclable

Page 10: Open Fences Winter 2011

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Page 11: Open Fences Winter 2011
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10 | OPEN FENCES Volume 2 Number 4

RICHARD CASTELOWwww.richardcastelow.com

Richard Castelow’s road to becoming a Master Saddler could easily be chronicled on the silver screen. He joined the Household Cavalry Mounted Regiment at age fifteen and by the age of twenty, was selected to join the Household Cavalry Saddle shop in Knightsbridge, London.

After rigorous teaching and training under four different master saddlers, undergoing a sum total process similar in scope to gaining a PhD, Castelow was certified a Master Saddler in 1988. Quickly gaining an outstanding reputation, he was appointed as the first ever Master Saddler to Queen Elizabeth II, based at the Royal Mews, Buckingham Palace.

After four years with the Royal Household, Castelow moved to the United States to use his knowledge and expertise for the benefit of American riders: “What I’ve done is I’ve taken the unique parts of French and German saddles to create an American saddle that is unique to the American market,” comments Castelow. (http://www.chronofhorse.com/article/richard-castelow-creates-saddles-fit-queen).

Where many saddle trees are made of plastic, a material that has very little flexibility, Castelow’s saddles contain five layers of laminated Beachwood to absorb movement. “When I design my saddles, I keep in mind that there are three moving objects, and my job is to eliminate as much movement as I can with the saddle to make the horse, rider and saddle move in harmony,” states Castelow. His dedication to mastering his craft helped him turn a natural talent into a phenomenon and those who ride a Castelow saddle never go back.

LEBEAU-COURALLYwww.lebeau-courally.com

Lebeau-Courally is one of Belgium’s oldest small gun making firms, founded 1865 in Liege, Belgium by partners Auguste Lebeau and Ferdinand Courally. The firm only produces approximately 25 guns and rifles a year. Each firearm is manufactured one at a time, completely by hand and according to client specifications, using traditional methods and the highest standards.

The engravings are done in the Lebeau-Courally workshops and wood for the stocks comes from the finest French and Turkish walnut trees. Certain models require anything from four to six hundred hours of

labor. “Whoever mentions the name Lebeau-Courally is certain to bring a smile to the face of many a discerning sportsman. Belgian-based Lebeau-Courally belongs to a very select group of world-renowned, bespoke gun makers such as Purdey, Holland & Holland and Fabbri. “These guns and rifles are not just firearms; they are pure works of art, pinnacles of craftsmanship and in uncertain times such as these, a wonderful investment.”

OYSTER BAMBOO FLY RODSwww.oysterbamboo.com

William “Bill” Oyster is a full-time career bamboo fly rod maker with a workshop in Blue Ridge, Georgia. Each Oyster Bamboo Fly Rod is intensely hand crafted and Bill personally hand engraves his own rods. Not only is Bill a brilliant fly rod maker, (he has been commissioned to make fly rods for many notable persons including past presidents) he is also the most prolific teacher of the bamboo fly rod making art alive today and draws students from as far away as England and Scotland as well as every corner of the United States.

Why bamboo?

In the mid 1800’s the hexagonal bamboo fly rod was developed and popularized by eastern anglers of the fledgling United States. The simple, sturdy construction of varnished bamboo creates a rod that is a true lifetime investment. Beautiful, supple and elegant, the American split bamboo fly rod has become the standard of fly fishing tackle by which all others are measured.

In a market flooded with enthusiast makers, Oyster Bamboo is a full time professional business dedicated to the production of the world’s finest fly rods. Oyster Bamboo’s understanding of fly rod design is

Making the 2011 rounds at the usual set of horse shows, classics and events around the country, Open

Fences added several stops to its networking roster. The year began with buyer education events at

the Holland & Holland Gun Room in New York City and at Griffin & Howe, firearm manufacturers,

in Greenwich, Connecticut. Summer was further distinguished by attendance at the EPIC Game Fair

in Atlanta, Georgia and the Country Land and Business Association’s (CLA) Game Fair at Blenheim

Palace in Oxfordshire, England.

Over the course of travel, several goods and services around the country kept showing up on the radar

and so in spirit of the “Best of 2011,” we decided to write a send up to a few favorites goods and services

recommended for discerning purveyors of fine living, good horses and time honored craftsmanship.

Open Fences Best of 2011

By David Light, Publisher

Page 13: Open Fences Winter 2011

OpenFences.com OPEN FENCES | 11

difficult to match in other fly rod manufacturers. Oyster Bamboo is not a hobby and it is not a retirement business. It is the life and livelihood of the Oyster family. Like Castelow saddles and Lebeau-Courally guns and rifles, an Oyster fly rod is in a class by itself in the hands of discriminating sporting enthusiasts worldwide. David Light noted, “It was my pleasure to cast one of Bills creations at this years EPIC Game Fair…an Oyster is firmly at the top of the wish list.”

LOGSDAIL CLASSICwww.logsdailclassic.com

In 2010, legendary Savile Row tailor Leonard Logsdail and sporting enthusiasts Lars and Jennifer Magnusson combined their respective forces of Logsdail’s 40 years in the bespoke clothing business and the Magnussons’ experience in the world of premier shooting to create the finest expression of menswear for the sporting life. “My recent fitting at Leonard’s’ New York was quite an experience,” David says with a chuckle, “including fine whiskey and the odd movie star…”

Featuring a full line of sport jackets, field coats, shooting vests, trousers, and breeks, all made-to-order in the finest traditional tweeds and hunting fabrics, every Logsdail Classic product has been selected for its heritage and unmatched quality. Although the rich tweeds and luxurious fabrics have their base in function, each piece can transition perfectly from the field to everyday life.

MS RILEY STUDIOSwww.msrileystudios.com

Influenced by Camille Claudel, and by Rembrandt Bugatti, Maureen Siobhan Riley’s (M.S. Riley) work focuses on impressions of both animal and human forms.

“I like to call my work narrative portraiture, because my work is always of an individual, a personality—whether it comes in a human or animal form.” Her goal is to capture the essence of a moment. Her talent lies in the ability to reveal a personality, an individual or a portrait within the lines of a sculpture. David Light had the chance to spend time with Maureen in Atlanta this past summer and commented, “We had a great time…I love how her sculptures seem to have movement. She has a true gift.”

As a child, Riley learned the sporting life from her granddad and sculpture from his best friend Walter Midener. She states, “I have little interest in putting out slick shiny, pieces; rather, I let my energy be revealed in the surfaces.” Her work is included in many private collections internationally and she has had exhibitions throughout the United States and in Europe including, the Safari Club, the Smithsonian Institute and international exhibitions in both Milan and Portofino, Italy.

All in all, including the best 2011 had to offer, it has been a productive

year at Open Fences. A slow, steady market recovery was evidenced in

the sale of several significant properties and new bonds with marketing

partners and qualified buyers were established. Although Open Fences’

primary focus is the domestic rural real estate market, interest and

expansion into the international market—particularly the search for

qualified buyers—is gaining momentum. This year, Open Fences took

every opportunity to begin exploring new avenues in that direction.

“In 2012, we plan to ramp up these relationships, continuing focus both

at home and overseas, strengthening existing bonds and establishing

solid foundations with new partners. We are looking forward to kicking

off the year at Safari Club International in Las Vegas, Nevada the first

week of February, so come visit us on the main floor...” David Light

Page 14: Open Fences Winter 2011

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Page 15: Open Fences Winter 2011

Financing  Rural  America  Since  1917

A U C T I O N

Licensing:  #850-­’12-­  J.  P.  King  Auction  Company,  Inc.  #91000;  Jerry  C.  King,  Broker  #3952

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Buyer Potential – $127k

Page 16: Open Fences Winter 2011

14 | OPEN FENCES Volume 2 Number 4

Padua StablesOcala, FLORIDA / $24,950,000 Price Reduced

Welcome to one of the most impressive Thoroughbred facilities in all of the world, Padua Stables, of Ocala, Florida. Numerous Graded Stakes winners and 4 Breeder’s Cup champions received their early training at this most prestigious facility that enjoys approximately 763 acres of gorgeous land. This is the perfect setting for training winners. As one approaches this prized farm, you are greeted by meticulously kept walls and fencing that surround the land and access is granted through one of four decorative, gated entries.

The 8,000 square foot main residence is designed for entertaining with a gorgeous, large pool and lanai area overlooking the largest lake of the property. There are a total of 8 bedrooms and 5 and ! baths making it more than ample to accommodate a large family or a large gathering of out-of-town guests. Enjoy the views of the farm or an afternoon of fishing from the boat dock and pier while sipping mint juleps and dreaming of Derby days.

Padua is known for the rolling, gracious countryside it covers as well as for being rich in sunlight, spring-fed ponds, granddaddy oaks and limestone. Few other farms are as “Disney-like” in their appearance as this one due in part to the attention to detail the owners give the property. There are 3 greenhouses on site with the sole purpose of raising flowers to grace the farm. A dedicated staff is committed to keeping the property in an immaculate condition. From the inception of Padua Stables, a clear goal was in mind; ensure that the horses are in the best possible environment and that their safety and protection is given every consideration. The facilities on the property truly are state-of-the-art within the industry.

There are a total of eleven pristine barns with a total of 202 stalls making this more than adequate for a large operation. In addition there is a "-mile dirt track and a 1-mile turf track designed by the very well-known Dennis Moore of Santa Anita, Hollywood Park, Remington, Sam Houston, Lone Star and Ruidoso. Every necessary accommodation is on site for an immediate commencement to business including numerous covered hot walkers and round pens, facilities for a stallion-breeding center, extensive training facilities and a broodmare/foaling operation.

All operations and business matters may be handled graciously and in a most refined manner at the wonderful main executive office building. This lovely 5,300 square foot building greets guests in a most sophisticated and, yet, comfortable and warm setting. With 9 private offices, a wet bar, a full kitchen plus a ! kitchen and 4 restrooms, everyone will feel more than at home when visiting Padua Stables. It is no wonder that this property is considered one of the country’s most preeminent farms and has received the recognition it has over the years.

Joan Pletcher, Realtor Ocala, Florida 34480 | 352.347.1777 | 352.804.8989 [email protected] | www.joanpletcher.com

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JOAN PLETCHER, REALTOR 352.347.1777 | 352.804.8989 | www.joanpletcher.com

Padua Stables is an amazing property that must be seen in person to fully understand what is in place. For the ease of the new owner, the farm is being sold with full farm equipment, tools and office machinery in place. (Detailed lists upon request.) Be ready to be completely awestruck by the magnificence of this rare farm.

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16 | OPEN FENCES Volume 2 Number 4

Joan Pletcher, Realtor Ocala, Florida 34480 | 352.347.1777 | 352.804.8989 [email protected] | www.joanpletcher.com

Incredible! Incredible! Incredible!Ocala, FLORIDA

Best describes this estate in the nexus where nature weaves it pattern of art, life and peaceful surroundings. Waterfalls trickle 85 feet into a fully stocked pond. Six horse stable with full apartment above is nestled among the trees and surrounded by paddocks. It’s as beautiful at night as is the daytime. Additional acreage available.

Just the right property! Close to Town!Ocala, FLORIDA

Gated Community! 4.5 acres sports open and light one level 4 bedroom, 4.5 bath residence designed for entertaining with chef’s appointed kitchen plus granite island and counter bars for seating. Fireplace is centrally located so everyone can enjoy. Family room expands when glass sliders open onto the covered lanai and pool with waterfall. Additional amenities are: game room, spacious office, large laundry room, separate covered patio with summer kitchens, outside TV and nice sitting area. For the Equestrian! Lush irrigated paddocks, stable and bridle trails.

42.62 +/- Acres of Absolute Peace & Tranquility

Ocala, FLORIDA

This gentleman’s estate offers pleasure to the eye at every turn. Enjoy the sound of water over a massive rock waterfall as it tumbles and trips its way downward to create a tranquil stream for the Japanese Koi and beautiful water garden with water lilies. Peace and tranquility abound. The exquisite Gentleman’s barn features a bell tower, 6 stalls, office, carriage room, tack/feed room, and guest suite with bath. The unique floor plan of the 3 bedroom, 3 bath owner’s residence with screened lanai, exquisite summer kitchen and pool gives you the feeling that you are a part of the outdoors.

Stunning! Unique! One of a Kind!Ocala, FLORIDA

40-Acre gated estate with landscaped drive and bridge. Property can be divided into 4-10 acre or 2-20 acre parcels. 5 bedrooms, 5 baths, kitchen, family room and formal dining are located on the main level. On the upper level you have the theatre room/ plus game room with beverage bar plus lots of extra footage for use of your choice. Then for the unique part, you have a fully enclosed basketball court with basketball hoops that retract to the ceiling, full bath, and automobile, motor home, all terrain vehicle storage bays. This is just the beginning of possibilities for this unique property.

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JOAN PLETCHER, REALTOR 352.347.1777 | 352.804.8989 | www.joanpletcher.com

100, 200, or 300 Acres—You decide!Ocala, Florida

Beautiful rolling pastures with stately Granddaddy Oaks are scattered for tree covering on this 300 acres which has been approved for 600 residential units. You can use this land for farming until you decide to develop it, if you wish or you may design your home homestead and farm on this magnificent parcel. This parcel adjoins the Golden Ocala Golf and Equestrian Club. Property can be purchased as 100, 200, or 300 acres depending on your desires. The land is priced at only $14,700 per acre. This is one of the best opportunities in Marion County.

Cashel Stud—174 +/- AcresOcala, Florida

Looking for beautiful rolling pastures with gracious Granddaddy Live Oaks and land where champions were born, raised and conditioned? Cashel Stud is just that place! Office, stallion complex, broodmare complex and training complex with 5/8 +/- mile track plus chute, a total of 102 stalls, main residence, employee homes, 2 equipment buildings and numerous large paddocks for horses to enjoy the Florida weather. Cashel Stud joins the Florida Horse Park and close to the Florida Greenways and Trails. Just minutes from restaurants, shopping, medical facilities and I-75.

Escaping to Ocala, Florida for Relaxing & Recharging

Ocala, FLORIDA

Unique 9,500 sq. ft. estate with Lake Carter and 95+ acres. Entry foyer opens to an elegant casual living room, formal dining room and your eyes are drawn to the beauty of the outdoors. Magnificent owner’s wing with office and master suite features private courtyard with landscaped pool and spa. Built with entertaining in mind, imagine having your own game room complete with incredible lighting, custom wood detailing and featuring card table, billiards table, plus step-up beverage bar. Night views are incredible! Additional acreage & equestrian property are also available.

Ultimate French Provincial Estate with state of the art Equine facilities—572 +/- AcresMicanopy, FLORIDA

Professionally sculpted and architecturally designed main residence sits on 150 private acres. While the equine facilities are located on 172 acres and include: 17-stall barn, 15-stall mare barn, and 12-stall isolation barn. Extravagant duplex with port cochre and central entry foyer leading to 2 offices and 2 elegant, 2 bedroom, 2.5 bath homes which could be used for manager's or guest home. Office features reception area, kitchen-break room, and private office. Plus covered walker, aqua treadmill and views overlooking lush paddocks. This property is truly in a league of its own.

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18 | OPEN FENCES Volume 2 Number 4

Joan Pletcher, Realtor Ocala, Florida 34480 | 352.347.1777 | 352.804.8989 [email protected] | www.joanpletcher.com

Southwest Ocala RanchOcala, FLORIDA

Ocala Horse Property at its finest! Looking for that private residence, where peace awaits you. Horses and cattle graze under majestic granddaddy oaks in lush rolling pastures. Private ponds stocked with 10-12 lbs bass. Main residence, pool house, pool, guest house, 18 stall stable with office, A/C tack room, feed room. Professionally decorated 2 bedroom, 2 bath guest quarters with kitchen, dining room and family room overlooking pond, paddocks and lighted arena. Main residence and improvements on 42 +/- gated acres and the adjoining 156+/- gated acres is currently being used for cattle and is plotted into 13 parcels of 20 acres more, should you ever want to develop part of this magnificent property with high elevations located close to Florida Horse Park, Greenway and Trails.

Ocala Training Center— " +/- Mile track, 3 barns with a total of 170 stalls- paddocks, office, round pens, walking machines, and equipment building. Looking for that perfect place to condition yearlings—this is a great race track in a superior location. For additional information contact Joan today.

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JOAN PLETCHER, REALTOR 352.347.1777 | 352.804.8989 | www.joanpletcher.com

Charm and Warmth of OcalaOcala, FLORIDA

Majestic Granddaddy Oaks, rolling vistas, incredible equine facilities consist of: stallion barn with breeding shed, show barn with apartment, covered, irrigated exercise round pen, parade arena, yearling barn and lush paddocks. For the fishing advocate there is a spring fed pond where 10 to 12 pound bass reside. Charming 3 bedroom, 2 bath home with covered patio overlooking horses grazing the large paddocks. Land would also support cattle. Close to the Florida Horse Park, Greenways and Trails.

Page 22: Open Fences Winter 2011

20 | OPEN FENCES Volume 2 Number 4

With Of!ces Throughout The Westfayranches.com/opf | 800.238.8616

Mungas RanchPhillipsburg, MONTANA / $11,750,000

Mungas Ranch is a truly classic western landscape. Since it was homesteaded four generations ago, this 4,585 ± acre legacy ranch has been held by the Mungas family. Mungas Ranch is situated just south of the historic mining town of Philipsburg, Montana, just a stone's throw from the banks of famed blue-ribbon trout stream, Rock Creek. The property rests in the heart of wild and picturesque country, consisting of wide open meadows, grassy pasture, hillsides and ridges, timbered draws, wetlands, and riparian habitats along a beautiful stretch of Trout Creek. Spanning from mountain-top to valley-bottom, the ranch also boasts inspiring panoramic views of several dramatic ranges, including the jagged Anaconda-Pintlers, the Flints, and the John Long Mountains. Mungas Ranch is located just over an hour drive time from urban amenities available in the university town of Missoula, Montana. Its immediate proximity to Philipsburg provides incredibly convenient access to everyday essentials such as a grocery store and post office, as well as pleasant shops, restaurants, and saloons.

Pintler Trout Creek RanchPhilipsburg, MONTANA / $8,750,000

Located just minutes south of Philipsburg, Montana is the magnificent 3,310 acre (2,670 ± acre, 640 State lease) Pintler Trout Creek Ranch. With over 1.5 miles of private fly fishing on Trout Creek and endless big game hunting, the Pintler Trout Creek Ranch is an outdoorsman’s dream. All of the magnificence of the nearly undiscovered Philipsburg/Georgetown area, including downhill skiing, lake-oriented recreation, and numerous other fly fishing opportunities are within minutes of the ranch. The Pintler Trout Creek Ranch stretches from the Skalkaho Pass Road on the floor of the Philipsburg Valley east to the Georgetown Lake Ridge, providing dramatic views of three mountain ranges and the Continental Divide. The private fly fishing and alpine setting make the Pintler Trout Creek Ranch one of a kind—a rarity on the ranch market today and a great opportunity to own a quintessential piece of Montana.

Running Elk RanchDarby, MONTANA / $7,500,000

Some say the Running Elk Ranch is the prettiest ranch in Montana's Bitterroot Valley. I’m sure there are varying opinions, but it is certainly one of them. The gently sloping hills and draws of the Montana ranch are interspersed with lush aspen groves, patches of old growth evergreens and productive irrigated hay fields, creating an idyllic western setting. For many this would be enough, but as you look west your eyes are drawn to the jagged peaks of the Bitterroot National Forest and the Selway Bitterroot Wilderness, a playground right out your back door. For the angler, the Bitterroot River flows just five minutes from the gate of the ranch and provides some of the finest fly fishing for wild trout in the lower 48 states. All of this scenery and recreation is located within minutes of good restaurants and boutique shopping. Only ±15 minute drive from the ranch is the notoriously popular town of Hamilton (pop. 33,500), full of fine restaurants, historic buildings and a variety of shops and galleries, and the quaint town of Darby (pop. 857) is just a five minute drive.

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FAY RANCHES With Of!ces Throughout The West | fayranches.com/opf | 800.238.8616

Brown Valley RanchStevensville, MONTANA / $6,350,000

The Brown Valley Ranch is a rarity in western Montana, offering a unique opportunity to purchase a historic working ranch with a well-established agricultural operation. It has exceptional appeal to the prospective ranch owner looking for substantial acreage in the famed Bitterroot Valley. The historic grounds are set amidst a wildlife paradise, all of which have been enhanced and protected by the owner’s stewardship practices.

Monument Ranch on the Little DoloresGlade Park, COLORADO / $6,000,000

Monument Ranch is arguably one of the best big game ranches available in Colorado, if not the entire West. With large numbers of trophy class elk and mule deer found on the ranch from May through November, it's surrounded by other large holdings or National Forest on almost all sides, providing a true wilderness experience with high alpine fauna and flora. The 30 minute access from Grand Junction makes it very “user friendly” for such a wild property, and offers many possibilities for future uses, including the benefits provided by a Conservation Easement being placed on parts or all of the property. This property can be split into two parcels: 1,109 acres with the Little Dolores River for $4,368,000, and the 360 acres with home for $2,400,000.

Oyler Ranch on the Gallatin River

Gallatin County, Manhattan, MONTANA $5,950,000

Boasting 2± miles of the Gallatin River, 1.5± miles of both sides of Randall Spring Creek, and 1,100± feet of both sides of Baker Creek, the recreational attributes on 732± acres of the Oyler Ranch are an immediate draw. With over 3.5± miles of spring fed creek and river fisheries, the property is a wildlife mecca, attracting numerous varieties such as whitetail and mule deer, waterfowl and pheasants, all of which live amongst or traverse the rich, healthy riparian bottom land. Just 90 minutes from Yellowstone National Park, under an hour to four ski resorts, close proximity to several other world-class fisheries, and a 15 minute drive from a commercial airport near Bozeman, Montana, the ranch is in the heart of a recreational paradise. Oyler Ranch is a comfortable fit and a high-value property for a buyer looking to enjoy a working ranch with world-class recreational attributes yet within close proximity of town and pertaining amenities.

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Porcupine Creek PropertyJackson, WYOMING / $4,850,000

This property is comprised of 207± acres poised at the top of the Porcupine Creek drainage, bordering thousands of acres of wilderness. This drainage occupies one of the largest elk migration corridors in the valley, not to mention the astounding hiking, horseback riding and recreational options near the property. Located within 20 minutes of downtown Jackson. Porcupine Creek Property offers stunning views of the south Teton Range, Munger Mountain and the Snake River drainage. The privacy and end-of-the-road seclusion this land provides, combined with its size and proximity to Jackson’s amenities, create a truly unique ownership opportunity.

With Of!ces Throughout The Westfayranches.com/opf | 800.238.8616

Cedar Lane RanchHall, MONTANA / $4,750,000

Cedar Lane Ranch is situated in the rolling foothills of the John Long Mountain Range in the Lower Flint Creek Valley near Missoula, Montana. This Montana ranch encompasses 5,274± deeded acres of beautiful mountain pasture. The grassy hillsides and ridges, timbered draws and intermittent riparian habitat define the ranch. Stretching from hill-top to valley-bottom with panoramic views of the Flint Creek Valley and the surrounding Flint, Garnet and John Long Mountain ranges, this ranch represents a classic Montana landscape. While just over a one hour drive to the urban amenities available in the university town of Missoula, Montana, Cedar Lane Ranch provides a private and tranquil setting to live out a rural lifestyle. The ranch offers close proximity to some of the best fly fishing waters in the country including the Clark Fork River, the Big Blackfoot, Rock Creek, and Flint Creek, as well as the outdoor recreation destination of Georgetown Lake, located about 25 miles south of the property. The Cedar Lane Ranch is host to a wide variety of wildlife and is consistently inhabited by exceptional numbers of elk, deer and moose, which translates to excellent big game hunting on the property.

Pass Creek Meadow RanchBelgrade, MONTANA / $1,950,000

Pass Creek Meadow Ranch sits near the base of the north Bridger Mountains, at the historic community of Pass Creek. The ranch consists primarily of irrigated hay meadows and wooded riparian habitat along year-round Pass Creek and other spring-fed wetlands. With abundant wildlife and productive agriculture, the property is an ideal gentleman’s ranch, with recreational, horse and/or registered cattle ranching opportunities. Privacy, solitude and sense of community is tough to find within 20 to 30 minutes of Gallatin Field Airport and Bozeman’s Main Street, and we think you will agree this is a very desirable combination.

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FAY RANCHES With Of!ces Throughout The West | fayranches.com/opf | 800.238.8616

Fall Creek HideawayTelluride, COLORADO / $825,000

Dramatic—Private—Wild—This unique eight acre property is one of the largest undeveloped parcels on the San Miguel River this close to Telluride (seven miles), and offers frontage on two beautiful high alpine streams that converge on the property. It is covered with towering blue spruce and hemlock fir trees, with a wonderful mix of as-pen, cottonwood, and willows as well. It has over 700’ of Fall Creek flowing through the middle of the property and 1,200 feet of the San Miguel River on its north boundary. The property has a road, well, power, and phone to a central location, making development of a home site very easy. The property is in a very natural state, offering the new owner unlimited possibilities in creating the perfect Telluride retreat just minutes from town and the ski slopes. The property is bordered on the south by BLM ground climbing the majestic canyon walls.

Eagle Creek RanchJohnson & Natrona Counties, WYOMING / $1,380,000

The Eagle Creek Ranch totals 6,642± acres, with 2,201± deeded acres and 4,442± BLM lease acres. The Wyoming ranch has a diverse topography that expands from open rangeland to deep and dramatic canyons flowing easterly out of the Bighorn Mountains. Further up the canyons, the bottoms and walls are heavily timbered and provide refuge to resident herds of Elk, Mule Deer and Blue Grouse. As the canyons and streams flow towards the east end of the property, they open up into lush alluvial bottoms that provide exceptional wildlife habitat with streams that are full of native wild trout. On the eastern side of Eagle Creek Ranch is a gentler, rolling topography that hosts many species of game such as Pronghorn Antelope, Mule Deer, Chuckars, Hungarian Partridge and Sage Grouse. The property is fenced into six pastures that provide good rotational grazing for livestock. The property is well watered with two live streams and developed stock watering systems that aid in keeping the livestock off of the creek bottoms. The Eagle Creek Ranch is a unique offering that is rugged, remote and full of endless opportunities.

Cow Creek RanchGrant County, OREGON / $1,600,000

The 1475± acre Cow Creek Ranch is the perfect hunting retreat for this area of Oregon, which consists of a large area of land covering a considerable range of elevations, terrain, and geologic formations, resulting in diverse plant and animal habitats. This sparsely populated area of Oregon is a wonderful playground for fishing, hiking, rafting, fossil hunting and more. The Middle Fork of the John Day River offers fantastic fishing for salmon, steelhead, rainbow trout, and some bull trout. Wildlife roam freely throughout the property with an abundance of elk and deer. It is not uncommon to have herds of elk wallowing in the springs directly above the lodge. Wildlife resources on the ranch include mule deer, Rocky Mountain Elk, black bear, cougar, and bobcat. The property also supports a wide variety of birds: raptors (eagles, hawks, owls and others), mountain quail, and California quail. The potential also exists to reintroduce sharp-tailed and sage grouse to the ranch.

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Jeff Soele | 210.705.4013 | [email protected] www.TexasBestRanches.com

Area’s Best—Live Water Rare & Unique Opportunity!Texas Hill Country, Kendall County, Boerne, TEXAS / $4,650,000

Nestled in the Texas Hill Country near San Antonio, this 166± acre ranch boasts the crystal-clear water of rock bottom Big Joshua Creek with cascading waterfalls and bluffs. A must see main house, guesthouse, working cabin, swimming pool with patio, horse barn with turnouts, corral, and wilderness riding area. An amazing must see property. Call Jeff Soele 210.705.4013.

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TEXAS BEST RANCHES 210.705.4013 | www.TexasBestRanches.com

Devil’s River/Lake AmistadWest Texas, Val Verde County, Del Rio, TEXAS / $15,995,000

Two hours from Houston, this 6,600± acre property offers tall majestic, rough and rustic 400 ft. cliffs up along the more than 20 miles of Lake Amistad and Devil’s River shoreline. The main home sits on a hilltop. Bunkhouse, guesthouse, 2 water wells and miles of paved roads, this ranch is for the avid outdoorsman. Call Jeff Soele 210.705.4013.

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Jeff Soele | 210.705.4013 | [email protected] www.TexasBestRanches.com

Water, Water, Water!—Rare OpportunityTexas Hill Country, Bandera County, Bandera, TEXAS $3,900,000

Minutes to Bandera, 45 minutes from San Antonio; both sides of the crystal-clear Medina River with cypress trees, rock ledges, deep holds and rapids. This place is as good as it gets: 178± acres, 3 bedroom, 3 bath rock ranch home, extensive landscaping, 2 bed/2 bath guesthouse and 6 stall horse barn. Call Cody Soele 210.705.3107.

Wow—AwesomeTexas Hill Country, Bandera County, Boerne, TEXAS / $1,995,000

Minutes to Boerne, San Antonio and Bandera, these 110± acres have both sides of a crystal-clear, rock-bottom creek with deep holes, rapids, two dams and gorgeous limestone bluffs. The ranch also has paved access, a two-bedroom, one-bath cabin, well, electricity and lots of wildlife. Call Jeff Soele 210.705.4013.

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TEXAS BEST RANCHES 210.705.4013 | www.TexasBestRanches.com

Live Water, Game-Fenced Exotic Whitetail RanchTexas Hill Country, Uvalde County, Bandera, TEXAS / $4,295,000

Minutes to Bandera, an hour from San Antonio, both sides of a crystal-clear, rock bottom creek that looks like the Caribbean aquamarine water. 871± acres, 5 stock ponds, cleared cedar, big mountaintops, and giant valleys. “Little Africa”; approx 100 trap and transfer does, Whitetail, Axis deer, Fallow deer, Blackbuck antelope, Aoudad, Nilgai, Wildebeest, Addax and Gemsbok. Call Jeff Soele 210.705.4013.

Frio County’s Best Ever Outdoor Recreational ParadiseSouth Texas, Frio County, Pearsall, TEXAS / $6,995,000

With three-mile paved entry to 7BR/7BA lodge with unique, giant rock mountain in center of main room, gourmet kitchen, large bar, and entertaining area on 1,488± acres. Outdoor pool with a waterfall and hot tub. Whitetail deer breeding facility, as well as too many exotics to name, and year-round hunting! 4 pivot-irrigation systems, 3 irrigation wells, 6 stock tanks, 4 pastures, lighted trap and skeet range, 11 deer blind/feeder/hunting stations, equipment barn with 6 RV hookups, 10-person bunkhouse, and game cleaning area. Call Jeff Soele 210.705.4013.

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707 Merchant Street, Suite 100, Vacaville, CA 95688 Tel: 707. 455.4444 | [email protected] www.CaliforniaOutdoorProperties.com

Cloud Rim RanchSiskiyou County, CALIFORNIA / $4,850,000

With 1,158 acres of farmland, pasture, hillsides, and residential acreage, Chaparral Hill creates the eastern boundary of the ranch where Ponderosa pines and oaks cover the hillside and provide a private riding and deer hunting range. At the base of the hill there are 300 acres of productive hay fields and 400 acres of rangeland, irrigated and sub-irrigated cattle pasture. Everything needed for a full working cattle and hay ranch is on site. There are three homes on the ranch including the main ranch house with its own tack room and corrals, separate office, swimming pool, hot tub and one bedroom guest house. Contact Kathy Hayden or Glen Rizzardo 530.643.1336.

California Almond OrchardYolo County, CALIFORNIA / $12,000,000

Magnificent and pristine producing almond orchard. This entire ranch consists of 1,119 +/- acres in the heart of California of which 1,015 +/- acres are planted in almonds. Just 10 minutes from UC Davis and air transportation. The adjoining parcels with 5,000 sq. ft. log home and 200,000 sq. ft. of storage are also available. Contact Curtis Stocking 707.761.3343.

Dixie Valley RanchLassen County, CALIFORNIA / $19,000,000

The historic Dixie Valley Ranch is one of the finest combination cattle and recreational ranches in California. It supports over 1,500 Animal Units year round on 120,000 acres (17,075 deeded and 30,000 BLM lease and 73,000 USFS lease). The headquarters ranch is located in Northeastern California in Lassen County and has 11,973 acres deeded with 103,000 acres of leased land out the back gate. The winter ranch consists of 5,101 deeded acres west of Red Bluff, California and supports 400 Animal Units. Great water rights. Contact Todd Renfrew 707.365.5064.

Las Flores RanchSan Bernardino County, CALIFORNIA / $6,500,000

The charming 600 +/- acre Las Flores Ranch is nestled in Summit Valley, surrounded by the San Bernardino Mountains and the Silverwood Lake Reservoir. An abundance of water and substantial income from water leases. Formerly operated as a thoroughbred training and breeding facility, there are six ranch homes lining the cul-de-sac at the end of the gated and tree lined driveway from Rt. 173. The large and historical barn provides (40) individual stalls, with an additional (40) outside stalls, as well. Easy access to the greater Los Angeles area and LAX. First time on the market and "special in every way!" Contact Pete Norris 805.206.4493.

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CALIFORNIA OUTDOOR PROPERTIES Tel: 707.455.4444 | www.CaliforniaOutdoorProperties.com | [email protected]

Little Sierra Valley RanchPlumas County, CALIFORNIA / $5,450,000

This ranch remains one of the prize jewels of the Sierra Mountains with 1,737 acres of varying terrain including large areas of pastures, private canyons, majestic cliffs and heavily forested timber land bordered by U.S. National Forest and alfalfa fields. The ranch features 640 acres of pasture land ready to go for the entrepreneur to install additional wells, center pivots, and alfalfa seed to make this an income generating property! A 2,375 sf. recently restored ranch house features an open kitchen with granite counter tops and stainless steel appliances, four bedroom, three baths with amazing charm! Contact Ron DuHamel 530.313.3471 and Scott Ulch 775.240.3668.

Honey Lake RanchLassen County, CALIFORNIA / $975,000

This 177 acre ranch on Honey Lake with 120 acres of irrigated grass lands, 2 homes, 1,000 gpm ag well, barn, office, pond, lake frontage, swimming pool, and tons of wildlife. The ranch is currently in orchard grass and the owner states that they get 700 tons of grass, capable of six tons to the acre. Contact Todd Renfrew 707.365.5064.

Skyline RanchNapa County, CALIFORNIA / $1,395,000

Awaken each day to the sound of birds and sun-drenched rooms with dramatic Lake Berryessa views. Skyline Ranch on 66+ acres offers a spectacular single-story home with soaring ceilings, incomparable master suite and luxurious bath, formal and family dining, entertainment size family area, magnificent dining terrace, pool and pergola. Contact CeCe Short 707.337.0224 or Robin Short 707.738.3006.

Hale RanchShasta County, CALIFORNIA / $1,100,000

This 623 acres has 2 homes, 3 barns, and an impressive 6,250 sf. metal shop. Several springs sub-irrigate approximately 40 acres as well as 1.6 cfs. out of Jessie Grant Ditch producing around 35-40 tons of grass hay in one cutting. This is a hunter's paradise, deer, bear, pig, wild turkey, and quail are abundant. The owners currently run 75 head on the ranch and have a lease on 160 of F.S. Land on the westerly line. Fully fenced and in the Williamson Act. Contact Donna Utterback 530.336.6869.

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707 Merchant Street, Suite 100, Vacaville, CA 95688 Tel: 707. 455.4444 | [email protected] www.CaliforniaOutdoorProperties.com

Double H RanchSiskiyou County, CALIFORNIA / $995,000

Pasture ranch consisting of 377 +/- acres with 222 acres in the Montague Water District. Eight acre pond for fishing and waterfowl hunting, plus water storage and two tail water ponds. Currently running 71 pair plus 71 yearlings (grass fed beef operation), and 250 ewes and lambs. Working corrals with a powder river squeeze chute. There is a remodeled 3 bed, 2 bath home, hay barn, an equipment barn, grain bin, and other misc. outbuildings in a beautiful setting with views of Mt. Shasta. Contact Kathy Hayden or Glen Rizzardo 530.643.1336.

Sunset RanchLassen County, CALIFORNIA / $2,290,000

Fertile income producing farmland, 274 acres, located in Lassen County in the renowned area of Litchfield. This ranch consistently delivers above average yields utilizing state of the art equipment and features a highly productive 2,100 gpm ag well with an energy efficient pump and delivery system. The property features an exceptional 3,100 sq. ft. custom home with 5,400 ft. of covered roof area. Outbuildings include an eight stall barn, 1,200 sq. ft. shop, dog run, riding arena, and more. Contact Ron DuHamel 530.313.3471 or Scott Ulch 775.240.3668.

Long Valley RanchLassen County, CALIFORNIA / $1,500,000

Wonderful 652 acre ranch located in Honey Lake Valley. Very productive alfalfa ranch with lots of water. All fields are irrigated with wheel lines. This is a turn key operation. The owner is willing to finance the property with approximately 1/2 down. Contact Ceci Dale-Cesmat 530.251.7857.

4K RanchEl Dorado County, CALIFORNIA / $2,290,000

The 4k Ranch is one of the best all around family ranches El Dorado County has to offer, featuring 320 acres of versatile ranch land, Ranch House, and outstanding views in a pristine setting. The property includes large areas of gentle sloping fenced pasture land, river frontage on the Consumes, cover for great hunting, trail systems, barn, shop, and three ponds. Contact Ron DuHamel 530.313.3471.

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CALIFORNIA OUTDOOR PROPERTIES Tel: 707.455.4444 | www.CaliforniaOutdoorProperties.com | [email protected]

Modoc Angus RanchModoc County, CALIFORNIA / $930,000

Great opportunity for a turnkey cattle and hay ranch, 280 acres with 160 acres irrigated. This is a top notch operation with all infrastructures in excellent condition. Fully fenced and cross fenced. Hay production is about 5 1/2 tons per acre with two cuttings. The wildlife on the property is phenomenal! Structures include a 3,572 sq. ft. 4 bed, 3 bath home with remodeled kitchen, oversized 3 car garage, barns, corrals, chute, squeeze and electronic scale. Contact Donna Utterback 530. 336.6869.

Borello RanchMarin County, CALIFORNIA / $8,350,000

Exceptional opportunity to purchase three contiguous parcels totaling 864.38 acres of stunning ranch property in the Marin Headlands. The property is directly adjacent to Tomales Bay and North of Pt. Reyes Station. The Borello Ranch is one of the most unique land offerings in Northern California—distinguished by an abundance of water and wildlife in a very private setting—and just 50 miles from San Francisco. Contact Andrew Wheelwright 805.450.5091.

Ward Creek RanchPlumas County, California / $19,500,000

Your very own private valley, 1,514 acres, with pristine mountain meadows and emerald forests. Nestled in the Sierra Nevada mountains of Northern California, the main headquarters boasts a 9,000 square foot custom log home with six bedrooms, eight baths, six fireplaces and a gourmet kitchen. Surrounded by millions of acres of National Forest the ranch offers seven homes, a hunting cabin, country store, headquarters office, blacksmith shop, ten barns, eleven ponds, a lake and four creeks providing great fishing and kayaking. Contact Todd Renfrew 707.365.5064.

Fisher RanchModoc County, CALIFORNIA / $1,675,000

This 2,808 acre cattle, hay and hunting ranch with warm springs flowing down the mountain ridge, creating a creek through the ranch into several ponds then into the Pit River. Impressive 370 irrigated acres with three pumps pulling water from the creek, pond and river. The ranch produces over 500 ton of hay annually. Currently running 250 head, abundant waterfowl and wildlife. Structures include a 3,000 sq.ft. 4 bed, 2.5 bath home, detached 2 car garage, large barn, old milk barn, metal shop, three pole barns and various outbuildings. Extensive equipment list included. Contact Donna Utterback 530.336.6869.

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Steve Baxter | 972.816.4738 | [email protected] 888.667.8391 | www.moptex.com

White Oak Creek RanchFranklin County, TEXAS

Pristine year round retreat in Franklin county boasting almost 4,400 acres of rolling savannas, stands of mature hardwood timber, White Oak Creek splitting the property, and a private 130 acre lake professionally managed with trophy bass and crappie. A fantastic managed herd of whitetail deer roam the hardwood bottoms venturing out into the many food plots and wild hogs abound. For the waterfowler, there are designed wetlands that attract clouds of migrating mallards into flooded green timber and duck sloughs that will remind you of Stuttgart. The private lake yields a fishing bonanza and is big enough for all types of water sports. A ribbon of trails winds almost 35 miles providing hours of horseback or ATV adventures.

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MOSSY OAK PROPERTIES OF TEXAS 972.816.4738 | 888.667.8391 | www.moptex.com

Pecos River RanchVal Verde County, TEXAS

Where the Texas Hill Country begins giving way to the Trans-Pecos, just north of where Judge Roy Bean held court, lies this extraordinary 3,500 acre ranch. Four-plus miles of frontage on the aqua clear Pecos River, breathtaking hundred-mile vistas and productive native guajilla range make this unique property a rare find for the outdoorsman, naturalist, herdsman, and wise investor. Deep canyons and high bluffs account for elevation changes of 1475’-1850’.

Good ranch roads provide access to the vega (sand bar) of the river in two-wheel drive vehicles. The majority of the river is wide and deep, providing excellent fishing, swimming, relaxing and, yes, boating. A rustic yet comfortable fishing camp is at the river’s edge for overnight adventures. Other stretches of the river have fast flowing rapids for kayaking and tubing. Opposite the vega, on the outer curve of the river, shear rock bluffs rise hundreds of feet above the river.

Amenities include a modest three bedroom one bath home with a large sleeping porch, implement barn, kidding barn, working pens, and corral. Two windmills distribute water for wildlife and livestock throughout the ranch. Grama grasses, bluestem, native guajilla, Spanish dagger, ochotillia and catclaw are all found in substantial quantities. Outstanding stewardship of the native range has minimized intrusion of cedar.

The ranch has robust, huntable populations of whitetail and desert mule deer, blue quail, Rio Grande turkey, javelina, and predators. This stretch of the Pecos also affords excellent channel cat fishing. For the last fifty years this property has not been leased for hunting.

Located approximately 25 miles north of Langtry, 60 miles south of Ozona and 80 miles west-northwest of Del Rio.

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Steve Baxter | 972.816.4738 | [email protected] 888.667.8391 | www.moptex.com

South Texas Hunting RanchDuval County, Freer, TEXAS / $2,280,000

This is a great 1,200-acre high-fenced recreational hunting ranch in Duval County, located between George West and Freer, Texas. The land for sale has been intensively managed to produce trophy whitetail deer. Since being game-fenced, the seller has spent several years managing the deer herd through selective culling along with introducing improved genetics and TTT does from a quality ranch. In addition to the whitetails, hunting is great for hogs, javelina, turkey, dove, quail, varmints and predators.The rolling South Texas terrain features great native brush variety, numerous large masquite trees and rich bottomland soil. Chiltipin Creek and several nice draws transects the property, providing excellent wildlife habitat. The property is well watered with a strong well and water is piped throughout the ranch to wildlife watering troughs and one nice pond. Improvements include high-fencing, select brush clearing and a 5-acre DMP pen. There are 6 water troughs, eight protein feeders, 12 corn feeders and 10 hunting blinds. Quality South Texas brush country with a nicely improved deer herd make this a great personal hunting ranch. The beautiful rolling terrain offers awesome building sites for a lodge or hunting cabin. This ranch is located in northern Duval County, approximately eight miles south of FM 624, accessed via private road off of SH 59.

Menard RanchMenard, TEXAS

Located seven miles east of Menard on U.S. Hwy 29. This 504.68 acres property is very unique for the area. There are 6 lakes/ponds that have been developed for fishing and recreation including an earthen dam built across Elm Creek, a spring-fed creek that runs year-around. The other lakes and ponds have been constructed to catch rainwater runoff in deep draws and some can also be filled using water piped from a Hickory well located on the property. The Hickory well is approximately 1,900 feet deep and is capable of pumping around 75 gallons per minute. Other improvements include 6 - 2 bed, 1 bath cabins and a dining hall equipped with a commercial kitchen. The ranch has a great number of large live oak and pecan trees and the changes in elevation make for some truly magnificent views. Deer and turkey hunting is great and the fishing for bass and catfish is excellent.

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MOSSY OAK PROPERTIES OF TEXAS 972.816.4738 | 888.667.8391 | www.moptex.com

Mesquite Creek RanchBurnet County, TEXAS

Mesquite Creek Ranch is a beautiful 330+/- acre Gentleman's ranch suitable for the recreational hunter, rancher or investor. The ranch is improved with a 3,700 sq. ft. custom home, pool, pool house, 50x100 barn, working pens and two small rent houses. The land boasts 65 acres of coastal, 20 acres of Klein grass, 35 acres of cultivation, 1/4 mile of Mesquite creek, two stock tanks and two wells. Land is scattered with desirable live oak, elm and large pecans along the creek. An abundance of wildlife including, deer, turkey, dove and hogs can be found throughout the ranch. This ranch covers all the possibilities of hunting, cattle, horses or just the weekend get-a-way. Make the 45 minute drive down Hwy. 183 from Austin and this ranch will stand out!

Point Blank TractSan Jacinto County, Point Blank, TEXAS

Boasting +/- 3,191 acres of industrial pine timberland located just west of Lake Livingston, in the northwest corner of San Jacinto County. Located approximately two miles west of Point Blank, Texas and fronts Hwy. 190 and accessed from Hwy. 156. Well maintained logging roads traverse the property making access applicable from the north and the east boundaries of the total tract. Utilities are available from Hwy. 190 with one pipeline that crosses the property. This industrial pine timber holding was designed for loblolly production. Property is also utilized for wildlife management with strong whitetail herd and hogs roaming the land. The topography is undulating terrain with numerous drainage zones and possible lake sites. Tract may be divided and sold in three sections. North tract or Palmetto Creek Tract consist +/- 1,134 acres. Middle tract or Wilderness Road Tract is +/- 1,003 acres. South tract or Dobbins Creek Tract is +/- 1,054 acres.

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2290 Grant Road, P.O. Box 81490, Billings, Montana 59108 www.hallandhall.com | 406.656.7500

Jackson Land & CattleTeton County, Jackson Hole, WYOMING $175,000,000

Jackson Land and Cattle is a remarkably beautiful 1,750± acre ranch literally on the edge of the town of Jackson, Wyoming. Jackson Hole is known as the premier resort community in the Rocky Mountain West for many reasons, not the least of which is the scenery. Jackson Land and Cattle Ranch takes full advantage of the most magnificent views for which the area is so famous. With one of the country’s finest equestrian centers, three trout ponds, a spring creek, rolling timbered hillsides, lush aspen groves and broad native hay meadows, the ranch is literally minutes from downtown Jackson, but a world apart. The spectacular peaks of the Tetons provide the backdrop for this world-class cutting horse ranch, which boasts a tasteful and comfortable home and guesthouse to compliment its outstanding equestrian amenities. This is arguably Jackson’s most desirable ranch that remains essentially unencumbered by development restrictions.

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HALL AND HALL www.hallandhall.com | 406.656.7500

Mill Creek RanchTehama, County, Los Molinos, CALIFORNIA

$29,500,000!

This Tehama County, California cattle ranch, including over 25,000+ deeded acres, is comprised of pasture, foothills studded with blue oaks, and wilderness. It borders huge blocks of public land including Lassen National Forest and the Ishi Wilderness. The Nature Conservancy's Dye Creek Preserve also shares a boundary with the ranch. An immaculately maintained 7,380±- square foot spanish colonial home sits on an elevated plain with a sweeping view across the range with Mt. Lassen's snow-capped peak looming in the distance. Other improvements include a foreman's house, guest house, staff house, barns and cattle facilities. Mill Creek, a major steelhead and salmon spawning ground, flows through the ranch for over 15 miles. Wildlife abounds with bobcat, mountain lion, hawks, eagles, turkeys, quail and one of the largest deer herds in the state migrating through the ranch. Water rights are extensive and fully adjudicated. The ranch is divided into 211 parcels and is ripe for a conservation easement. Carrying capacity is estimated at 500 head of cattle. 15 miles southeast of Red Bluff at Los Molinos. Co-listed with Chickering Company.

Sand Springs RanchGooding County, Hagerman, IDAHO $9,900,000 Reduced

Simply stated, the 1,555± acre Sand Springs Ranch is among the finest sporting properties one could own in the Western US. With abundant spring water, irrigated cropland, and extensive frontage on the Snake River, the ranch offers unmatched waterfowl and upland hunting in a completely private setting. In addition, big mule deer roam the property, while Sand Springs Creek is home to 20+ inch rainbows eager to take a dry fly. The area's mild climate and the property's unique spring system support a lengthy hunting season lasting to the end of January. Improvements include an owner's residence, staff housing, and working facilities. The property is located 10 minutes south of Hagerman and an hour and a half from Sun Valley in the middle of the region's top flyway.

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BATES SANDERS SWAN LAND COMPANYSalt Lake City | 800.819.9920 | www.bateslandco.com

3L Cattle RanchSaskatchewan, Pleasantdale RM, Naicam, CANADA / $37,460,000 CAN

This 36,000-acre offering represents one of the most balanced beef-and-grain combinations available in North America today. Encompassing approximately 19,170 acres of deeded land and about 16,900 acres of private-provincial-tribal leased land, the 3L Cattle Ranch is currently carrying about 2,500 brood cows + the 2011 calf crop + yearlings born in 2010 + replacement heifers and 115 range bulls. Spring-born steer calves typically weigh about 650 pounds in October—yearling steers shipped in August and September go out at about 850 pounds. Additionally, the Ranch puts up all required winter feed and harvests about 1,700 acres in cash crops — canola, oats, barley. The growing season climate is remarkable — 61 millimeters or 2.40 inches of rainfall per month from May through August and plenty of warm sunshine produce average annual crop yields of 60-bushel wheat, 75-bushel barley, 40-bushel canola and 85-bushel oats—with no irrigation! Knowledgeable Prospective Buyers may choose to convert more land to cash crops and harvest the abundant grass pastures with yearling cattle. The 3L Ranch is situated in Saskatchewan’s renowned “black soil” region about 210 kilometers or 130 miles east of Saskatoon. Two fine smaller towns—Tisdale and Melfort—are within about 60 kilometers or 35 miles northeast and northwest of Headquarters. In the past five years Canada’s economy is most enviable and Saskatchewan’s future is especially bright. Total Offering Price is $37,460,000 CAN Including All Deeded and Leased Land and Improvements at $28,960,000 + $6,500,000 in Livestock + $2,000,000 in Machinery and Equipment. Contact Patrick Bates at 801.560.4259. Download brochure at www.3LCattleCo.com.

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BATES SANDERS SWAN LAND COMPANY Bozeman, Montana | 866.999.7342 | www.bateslandco.com

The Historic Horse RanchFergus, Lewistown, MONTANA / $15,000,000

The Historic Horse Ranch is nestled in the rolling hills of Central Montana about 35 miles northeast of Lewistown. The Ranch is comprised of approximately 25,323 total acres including 22,812 deeded acres plus 2,371 acres of state lease and a small 140-acre federal permit. Positioned on the northern side of the Judith Mountain Range, the Ranch is a rare opportunity to own one of the premier blocked-up and contiguous grass ranches in the Big Sky State.

The Ranch is ideally located in one of Central Montana’s most desirable and appealing areas. Lewistown and Fergus County afford all the resources required for successful ranching and personal enjoyment of a safe and quiet lifestyle away from the maddening crowds of metropolitan America.

The Horse Ranch was first put together to supply remount horses for the U.S. Cavalry in forts throughout the vast Montana Territory in the 1860s and on into the 1890s.

The Ranch was purchased by Vernon F. Taylor in 1947 and passed onto his son, James C. Taylor, in 1963. These visionary men have spent the last 64 years creatively shaping and improving this significant holding. This expansive operation contains sufficient hay meadows and summer pasture to comfortably run 700 to 750 head of brood cows on a year ’round basis plus a full complement of replacement heifers and bulls. Even to the untrained eye, it is apparent that the grazing resource has been managed conservatively. The remarkable condition of this historic ranch is the result of over six decades of masterful stewardship. The deep timbered draws and grassy plateaus also provide prime habitat for the resident elk herd, trophy mule deer, antelope, wild turkey and upland game birds including sharp-tailed grouse, pheasant and sage grouse.

The Horse Ranch represents an unusual opportunity to acquire a true operating ranch with enough size and carrying capacity to make some business sense even in today’s tumultuous economic climate. Prospective Buyers in solid financial condition with an interest in portfolio diversification and a desire to own one of Montana’s true working outfits should seriously consider The Horse Ranch. It is rare to find a large contiguous land holding with such strong operating resources and sense of history. The Ranch is offered at $15,000,000 by one of Montana’s most respected ranching families. Contact Michael Swan at 406.570.4897 or [email protected].

UNDER CONTRACT

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Farms, Ranches & Recreational Real EstateKansas, Colorado, Idaho, New Mexico & Wyoming 866.741.8323 | 970.674.1990 | www.HaydenOutdoors.com

Grove Creek RanchMesa County, COLORADO / $13,000,000

Only once in a great while does a ranch become available that qualifies as the "complete package". Luckily, we've found it and it is called the Grove Creek Ranch. Encompassing +/-1,720 acres in western Colorado, the Grove Creek Ranch privately borders the famous Grand Mesa National Forest. The property border protects several miles of great habitat along the Grand Mesa and allows the ranch to "live big". This one of kind property offers world class big game hunting opportunities with its perfect mix of dark timber, aspen groves, oak brush and hay meadows. A large resident elk herd utilizes this prime habitat and thrives with little or no opportunities for intrusion. Mule deer, black bear, bobcat, blue grouse and turkey also call this great ranch home. This ranch has plentiful improvements consisting of four main residential structures, two cabins, one studio (large house without a kitchen), and six barns/shops. If that wasn't enough this property has extensive water and mineral rights that will transfer to the buyer.

Dunne Valley RanchClark County, KANSAS / $21,212,200

The Dunne Valley Ranch is located in south-central Kansas in Unit 16, a world famous white-tailed deer area. It features 21,212 contiguous acres of great grassland and good farmland. This ranch has only ever had two owners and features four creeks, in addition to the Cimarron River flowing through it. This property has very good fences, lots of divided pastures and is extremely well watered. Great wild turkey and upland game hunting enhance value. The improvements are well done and both homes were remodeled in 2004. Half of the mineral rights are reserved to the sellers, non-participating. If you have always wanted the “best” large cattle and hunting ranch in Kansas, you had better hurry!

Maxwell RanchLas Animas County, COLORADO / $5,750,000

This +/- 4,600 acre ranch has a long history of being a working ranch, but is ideal for anyone who enjoys the outdoors, more specifically hunting. To the south, the ranch borders Ted Turner’s famous Vermejo Park Ranch providing it with access to world-class elk hunting. Abundant turkey, mule deer, black bear, and mountain lion can also be found on the property. In addition to the hunting, the magnificent landscape also offers opportunities as a year round family or corporate retreat providing endless recreational opportunities. Saruche Canyon, with its magnificent and rugged rock outcropping, essentially splits the ranch in half. The valley floor is lined with massive Cottonwood trees along the small creek which flows through it. The hillside vegetation consists of Pine, Cedar, Pinion, and Juniper trees which provide under growth and excellent habitat for the wildlife that call this ranch home. The Maxwell Ranch also includes a marvelous two story, hand-crafted custom log home with 3,400 square feet of living space. The logs that make up the house were shipped in from British Columbia and provide the ranch with a truly rustic feeling.

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HAYDEN OUTDOORS 866.741.8323 | 970.674.1990 | www.HaydenOutdoors.com

Shaps Beaver CreekSherman County, KANSAS / $860,000

Shaps Beaver Creek Ranch is located 17 miles northeast of Goodland, Kansas on Beaver Creek. This property features 274.5 acres of grass, 75.7 acres dry land and 24.9 acres of CRP. There is a great bottom rimmed with large cottonwood trees, upland grass, a tree claim of 10+ acres with small trees and brush. There is 50+ acres of good bottomland for feed or grain production. All of this is surrounded by food plots with four small ponds for game water. The Shaps offers mule deer, whitetail deer, upland game and turkey hunting at its finest! This combination farm and hunting property is as good as you will find in Northwest Kansas.

Trophy Elk & Mule Deer RanchLincoln County, WYOMING / $2,182,000

The 1,091 acre Trophy Elk and Mule Deer Mountain Ranch is a hunter's dream. This beautiful ranch features incredible views in all directions of majestic mountains, meadows, canyons, pines and aspen quakies. This ranch features a hunting cabin nestled high up in an aspen covered valley where the sound of a small stream and bugling elk will remind you that you are right where you need to be. To top it all off this ranch backs to BLM offering access to 10's of thousands of acres and is home to some of the biggest elk and mule deer in the Rocky Mountains! The ranch is located in Elk Unit 104 and Mule Deer Unit 135. These units are known for big elk and state record mule deer! Both of these are limited draw, however that is not a problem with your two landowner tags for each animal. This fine ranch is located 120 miles south of Jackson, Wyoming and is right on the Idaho border.

Durfee Land & CattleSocorro County, NEW MEXICO / $899,000

30,000 +/- acres of Cibola National Forest Lease with a 690 acre deeded headquarters! 12 miles west of historic Magdalena, New Mexico, The Durfee Canyon Ranch is what the west is all about. This well watered ranch encompasses a contiguous headquarters adjacent to the +/- 30,000 acres of Cibola National Forest lease. The ranch lease is licensed to carry 145 pair year round, and is cross fenced into pastures, each with it’s own water source. The 4 bedroom, 3 bath ranch house is totally off the grid, serviced by two solar panels and back up propane generator that is seldom used. The ranch is in excellent working condition, has a hunters cabin, good working pens, and is situated in NM BGU 17, with over the counter deer tags, 1-4 elk tags, (depends how you title the ranch, check regs.) and a good abundance of antelope, bear, turkey, lion and small game. The dove hunting on the waterholes is excellent. Owners are retiring and this ranch is priced to sell.

Happy Hunting GroundSedgwick County, COLORADO / $675,000

A sportsman’s dream or hunt club! This property is just 2.5 hours from Denver; remote enough to offer little/no hunting pressure! Situated on 226 acres in Northeastern Colorado near the town of Sedgwick, this property boasts outstanding hunting for deer, turkey, quail, dove and waterfowl. The property runs for nearly a mile along the south side of the South Platte River. The river bottom is wide and offers excellent mixes of sloughs, thickets, grassland, trees, water all lying next to excellent production ground. This is truly a trophy hunting property with some of the biggest whitetail deer in the state!

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Dave Harrigan | [email protected] Hunter Harrigan | [email protected] 800.524.1818 | www.HarriganLand.com

Southern Cross RanchCatron County, Pie Town, NEW MEXICO / $25,000,000

World-class is no exaggeration when describing the exceptional trophy elk hunting on the renowned Southern Cross Ranch in west-central New Mexico. The Southern Cross has been superbly managed for years to maintain its status as one of America's premier hunting destinations. A spectacular 6,000 square-foot log lodge is the centerpiece of the ranch. With six bedrooms, five and one half baths, and wraparound deck, the lodge treats guests luxuriously. Straddling both sides of the Continental Divide, the Southern Cross Ranch ranges in elevation from 7,300 to 8,200 feet, which makes it ideally situated for supporting many square miles of pinion pine and alligator juniper forest, interspersed with grassy meadows. Parts of the eastern portion of the ranch adjoin the Cibola National Forest. With excellent year-round access, the "land of giants" is located only 2.5 hours from Albuquerque and 3.5 hours from Santa Fe.

Horse Springs RanchCatron County, Datil, NEW MEXICO / $13,000,000

NEW LISTING! Southwestern living just doesn't get any better than it does at the magnificent 24,000 acre (16,670 deeded) Horse Springs Ranch. Nourished by abundant springs and streams and blessed with a mild climate, Horse Springs Ranch is home to trophy elk and mule deer, black bear, mountain lion and javelina. Careful attention to wildlife habitat has produced a property with a well-earned reputation as one the Southwest's foremost big game hunting locations. Living at Horse Springs Ranch qualifies as anything but "roughing it." Improvements include a brand-new Southwestern-style lodge with hardwood floors, granite counter tops and fine fixtures.

Beaver Valley RanchRoutt County, Steamboat Springs, COLORADO / $12,750,000

PRICE REDUCED! Hidden in the heart of one of Colorado’s last unspoiled mountain valleys, Beaver Valley Ranch is tailor-made for hunting and fishing of exceptional quality. Beaver Valley Ranch, accessible year round, lies less than an hour southwest of Steamboat Springs and nestles against Routt National Forest on the flanks of the Beaver Flat Tops. Blessed with a diverse mosaic of aspen and oak brush groves, heavy timber, mountain meadows, riverine woods, springs and lakes, the ranch has been managed specifically for high-quality big game and trout habitat. Herds of elk and mule deer have room to roam on its 2,665 acres, and plentiful rainbow and cutthroat trout to over 20 inches populate 4.5 miles of the East Fork of the Williams Fork River, an unsung trophy trout stream.

Lazy H RanchDouglas County, Larkspur, COLORADO / $7,950,000

NEW LISTING! The Lazy H Ranch in Douglas County is one of the finest equestrian ranches in the Front Range of Colorado. Everything on the ranch, from its 1,400 acres of rolling mountain grasslands to its 39,000-square-foot indoor riding arena, points to a property custom made for horses and horse lovers. Residential improvements include a 14,000 sf custom home and two 3,000+ sf guest houses. Almost never does a large ranch come onto the market which is within a 40-minute drive of either Denver or Colorado Springs, and one with the exceptional improvements of the Lazy H is rarer yet. Those looking for a quality horse and recreational property in a scenic Front Range location should put the Lazy H Ranch at the top of their "must-see" list.

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HARRIGAN LAND COMPANY 800.524.1818 | www.HarriganLand.com

Daymaker RanchLarimer County, Loveland, COLORADO / $12,950,000

NEW LISTING! Expansive tracts of true wilderness located within an hour's drive of Colorado's largest metropolitan area are virtually nonexistent, yet that precisely describes the Daymaker Ranch, Colorado's Front Range Elk and Deer Hunting Preserve. Situated only eight miles east of the resort town of Estes Park and ten miles southwest of Loveland, the Daymaker Ranch benefits from the large herds of elk and deer protected within the boundaries of Rocky Mountain National Park. The Daymaker occupies over six square miles (about 3,947 deeded acres) of prime Rocky Mountain foothill country, including a mix of ponderosa pines, grasslands, shrublands and three miles of the North Fork of the Little Thompson River. The Daymaker Ranch is very private (including a three-mile boundary shared with the Roosevelt National Forest), yet remarkably accessible. Year-round access to Loveland is a drive of only about 30 minutes via County Road, and Denver International Airport is only a little more than an hour away.

Flying River RanchPark County, Cody, WYOMING / $8,900,000

NEW LISTING! Spreading approximately 7,902 acres (4,962 deeded) of choice grasslands and riverine bottomlands among the foothills of the Absaroka Mountains, the Flying River Ranch stands apart as a property long managed in full harmony with its environment. Years of careful stewardship have paid off not only for its famed organic beef operation, but also for the health of two miles of the cutthroat-filled Greybull River and a diversity of wildlife that represents the best of the Greater Yellowstone Ecosystem. For those seeking a "full package" of proven cattle ranching, excellent big game hunting, wildlife viewing and world-class trout fishing, the Flying River Ranch is unsurpassed.

Sawtooth Shadows RanchCatron County, Datil, NEW MEXICO / $10,900,000

NEW LISTING! Rugged scenery combined with trophy elk and mule deer herds makes the 21,700-deeded-acre Sawtooth Shadows Ranch a New Mexico dream ranch for sportsmen with a special appreciation for Southwestern culture, history and landscape. Located in northeastern Catron County near the fabled mesa-top pueblo of Acoma, and the Rocky Mountain Elk Foundation’s Double H Ranch, the territory around Sawtooth Shadows Ranch remains largely unchanged from when it was settled by the ancestors of the Acoma and Navajo tribes millennia ago, and hardy ranchers a century ago. Fortunately for hunters, the ranch shares a 14-mile boundary with the national forest and its elk (many bulls in the 400-plus class) freely range into the pinon/juniper and ponderosa forests of Sawtooth Shadows Ranch, as well. The fact that approximately 30 landowner bull elk tags come with the ranch and that it lies in Hunt Unit 13, a primitive weapons area for elk, makes this ranch perfectly situated as a trophy elk ranch with a distinctive Southwestern flavor. This ranch has year-round access and lies 20 miles from Datil, New Mexico.

OX RanchPlatte County, Laramie, WYOMING / $4,500,000

PRICE REDUCED! Completely surrounded by private land, the OX Ranch controls 10,000 acres (4,812 deeded, over 5,000 leased state and BLM lands) of productive habitat with landowner tags. Giant bucks (180+) and bulls (350+) call this unspoiled “Wyoming Territory” home. Over 40 seeps and springs, one year-round stream and three spring-fed ponds support brook and rainbow trout, mule deer, elk, antelope, mountain lions, sage grouse and dove. Improvements include a comfortable three-bedroom home with deck, a hunting cabin and ranch facilities for handling 300 pairs of cattle. Only three hours from Denver.

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James Rinehart 265 N. 4th St., Laramie, WY | 307.745.6024Tom Grieve 441 Penland St., Baggs, WY | 307.383.2125www.ranchbrokers.comSpecializing in fine ranches and outstanding recreational properties throughout Wyoming and Colorado.

Phantom CanyonFort Collins, COLORADO / $5,400,000

Located 25 miles northwest of Fort Collins, Colorado, and 42 miles south of Laramie, Wyoming, this 3,853 deeded acres has views to Rocky Mountain National Park and the surrounding foothills. A significant stretch of the North Fork of the Cache la Poudre River is accessible from the ranch, along with Halligan Reservoir. Both are excellent fisheries and are private to this Ranch and a limited number of other Phantom Canyon Ranch association properties. A conservation easement with The Nature Conservancy (TNC) is in place and TNC is a neighboring land owner in Phantom Canyon. The easement does not overly restrict use or enjoyment of the ranch and allows for 6 building envelopes. The owner’s have gone to great lengths in preserving this habitat which is home to a wide variety of wildlife including cougar, deer, elk, big horn sheep, and the occasional bear.

Sheep Rock RanchSaratoga, WYOMING / $12,000,000

An outstanding ranch on the North Platte River outside Saratoga, Wyoming. 2,777+/- acres, with lush meadows, and 2,563+/- acres with adjudicated water rights. Gorgeous views of surrounding mountains and local landmark Sheep Rock, as well as Blue Ribbon Fishing in the North Platte River, and the amazing fishery of Jack Creek for 4 miles. There are also two spring fed fishing ponds within ranch boundaries that are stocked with cutt-bows, browns, and rainbow trout. These spring creeks feeding the ponds could also be developed for even more fishing. The Ranch lies virtually adjacent to Saratoga with an 8,400 ft. airstrip, yet private with views, good fishing and hunting.

Snowy Range RanchLaramie, WYOMING / $18,000,000

This ranch is a unique hideaway, just 20 miles west of Laramie, Wyoming. A productive ranch for a year-round cattle outfit of 700 cows plus yearlings with updated barns, corrals, shipping facilities and other operational buildings. The large 230’ x 150’ horse arena is perfect for training and working horses and available year-round for a variety of events. A wildlife haven of elk, whitetail, mule deer, pronghorns, turkeys, red-tail fox, bald eagles and an occasional moose, the ranch also has excellent fishing on all three forks of Mill Creek and the Little Laramie River. Snowy Range offers endless possibilities of year-round leisure and activity. 23,857+/- deeded acres, 28,047+/- total acres.

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WESTERN UNITED REALTY www.ranchbrokers.com

Big Medicine RanchNewcastle, WYOMING / $4,900,000

The Big Medicine Ranch is a beautiful property, located outside Newcastle, Wyoming. The ranch is comprised of 950+/- acres of forested land, open meadows, and gorgeous hillside valleys, with space for horses or cattle. Located just an hour and a half from Spearfish and Rapid City, SD, and 12 miles to Newcastle, Wyoming, the Big Medicine Ranch makes a perfect retreat. The house on Big Medicine is a hand-crafted, full log home, with full Scribe Log work. The whole house is decorated in a Western and Native American motif, and intricate decorative details make this house truly unique. Big Medicine Ranch features a beautiful full log heated horse barn with a separate water and septic, a bathroom with laundry. There are four stalls with automatic waterers as well as a tack room, wash stall, and hay loft storage. Outside the barn, the property features both an outdoor round-pen and fenced outdoor arena.

Buckeye Ranch Centennial, WYOMING / $4,550,000

The Buckeye Ranch is 2,116 +/- deeded acres with 600 state leased acres. Bordering a mile and a half of the Forest Boundary against Sheep Mountain, and two miles of the Little Laramie River there are outstanding hunting and fishing opportunities in range of the property. There is an exceptionally beautiful home, indoor swimming pool and a large horse barn which was built in 1871.

Diamond Peak RanchCOLORADO / $3,700,000

The ranch is 1,540 acres in Colorado, located about five miles southwest of Tie Siding, Wyoming. The property borders Roosevelt National Forest, as well as Colorado State University property. The ranch being mostly timbered is being managed in light of the pine beetle issues and has stands of young timber that has survived well, along with a density that make these timber stands survive well. The ranch offers good topography to hold big game and good water resources. The property does have an above average water resource for irrigation and future development of fishing reservoirs.

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915 South Pearl Street, Denver, CO 80209 303.623.4545 | Toll Free: 877.623.4545 | www.MirrRanchGroup.com

Black Bear RanchGarfield County, Glenwood Springs, COLORADO / $12,000,000

Resting high above the Roaring Fork Valley lies the pristine and private Black Bear Ranch. This 902-acre recreational ranch, with its lush alpine woodlands, offers a wilderness setting adjoining public lands, yet is only 20 minutes from Glenwood Springs and within an hour from Aspen. Fed by two streams, the 20-acre private lake has valuable water rights and is a sanctuary for wildlife including the resident trophy elk and deer. The property features a custom two-story, 3-bedroom and 2-bath log home with wrap-around deck that is off grid and self sustaining, powered by its own solar array. Set on a protected knoll above the lake, the home provides southern exposures and panoramic views of Mount Sopris and the Raggeds Wilderness, affording direct access to thousands of acres of forested lands for summer and winter recreation. Contact Ken Mirr.

Trees RanchWashington County, Springdale, UTAH / $30,000,000

In the shadows of the majestic Zion National Park and along the banks of the East Fork of the Virgin River is the scenic beauty of Trees Ranch, with its brilliantly colored sandstone cliffs, towering monoliths and grand temples. Carefully assembled over the years by visionary conservationist owners, the ranch is steeped in history and abundant resources. Featuring: surrounded by Zion National Park, Canaan Mountain Wilderness and BLM land; historic water rights; East and North Forks of the Virgin River, Shunes Creek and South Creek meander for over six miles through the ranch; 60-acre Loma Va Reservoir; four homes and several ranch buildings designed by renowned architect William McDonough; and significant conservation values. Contact Ken Mirr.

Snyder RanchJackson County, Rand, COLORADO / $5,100,000

With over 5 miles of the headwaters of the Illinois River that meanders through the length of the property, and 5.5 miles of common boundary with the Routt National Forest, the 1,737 +/- acre Snyder Ranch is an ideal recreational ranch and sportsman's paradise. The ranch sits in its own private valley offering inspiring views of the four separate mountain ranges that make up North Park. With its historic water rights and abundant water resources, the ranch offers a sanctuary to native fish, waterfowl, elk, deer and moose. Located within 1 hour of Steamboat Springs and Winter Park ski areas, the ranch offers the best of what Colorado has to offer. Contact Ken Mirr.

South Cooney Hills RanchPlatte County, Wheatland, WYOMING / $4,900,000

A rare opportunity to acquire a high-end sporting property and traditional working cattle ranch all in one. It is a prime, sporting ranch with ideal habitat for a uniquely diverse population of game species including trophy elk, mule and whitetail deer, antelope and wild turkey. It also features private fly-fishing along the approximately 3.5 miles of Sybille Creek. Once serving as the headquarters of the historic Swan Land and Cattle Company, the ranch is one contiguous block of nearly 11,000 acres comprised of approximately 4,910 deeded acres and an additional 5,915 leased acres. Resting at the edge of the Great Plains, the ranch adjoins the foothills of the Laramie Mountain Range just west of the town of Wheatland, Wyoming. It has excellent access, only three hours north of Denver, and presents an unprecedented value for asset preservation in today’s market. Contact Ken Mirr.

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MIRR RANCH GROUP 303.623.4545 | Toll Free: 877.623.4545 | www.MirrRanchGroup.com

Byers Peak RanchGrand County, Fraser, COLORADO / $3,650,000

Situated along 1.4 miles of St. Louis Creek and adjoining the Arapaho National Forest, lies the approximate 446-acre Byers Peak Ranch, a historic Colorado recreational ranch just minutes from Winter Park Resort. Located within the Fraser River Valley, just 80 miles from Denver, this ranch was the favorite fishing hole for President Dwight D. Eisenhower, who spent summers fishing St. Louis Creek with the current owner's grandfather. The property features brook and brown trout fishing in the creek and ponds, and has valuable water rights that irrigate hay fields and pastures grazed by wildlife and cattle. The ranch offers incomparable views of Byers Peak, the Continental Divide and Indian Peaks; fishing, hiking and biking right outside your door; and ideal proximity to world class skiing and other recreational pursuits. Contact Ken Mirr.

Pompey Creek RanchSheridan County, Sheridan, WYOMING / $1,000,000

Pompey Creek Ranch is comprised of approximately 265 deeded acres and is situated along the scenic foothills of the Big Horn Mountains, near the historical western town of Sheridan, Wyoming. Pompey Creek flows through the ranch for approximately # mile, providing year-round live water for livestock and wildlife. In addition, there are two artesian wells, and four small reservoirs, which support excellent fishing for large mouth bass. Mule deer, white-tailed deer, pronghorn, and elk all inhabit the property seasonally. The ranch also supports excellent upland bird habitat for pheasants, sharp-tailed grouse, Hungarian partridge, and turkey. The small reservoirs provide productive waterfowl habitat as well. Contact Duffy Brown or Ken Mirr.

Phantom Lake RanchLarimer County, Red Feather Lakes, COLORADO / $3,900,000

Conveniently located in the foothills west of Fort Collins, Colorado, the 592 +/- deeded acre Phantom Lake Ranch is a private recreational enclave with four hidden lakes, dramatic granite rock outcroppings, hay meadows, flowering pastures, aspens, pines, abundant wildlife, and spectacular scenery surrounded on three sides by the Roosevelt National Forest. The property has numerous improvements including the recently remodeled main home and guest house, a restored historic cabin, manager's home and barn. Near the quaint mountain village of Red Feather Lakes, Phantom Lake Ranch affords fishing, hiking, biking, horseback riding, hunting and numerous recreational opportunities on the property and on the surrounding public lands. Contact Ken Mirr.

Sunlight RanchGarfield County, Glenwood Springs, COLORADO

$15,500,000

Sunlight Ranch is the largest recreational ranch available in the Roaring Fork Valley providing easy access to Aspen and Vail and just 6 miles from the resort town of Glenwood Springs. The 1,115-acre property includes over one mile of creek frontage, water rights, irrigated hay fields, stocked ponds, tended gardens and manicured landscaping. In addition to varied terrain on the ranch, it also adjoins the White River National Forest providing unlimited recreational opportunities. This scenic and historic ranch comes complete with a main residence, numerous guest homes, barns and cabins, all in a tranquil, private setting with a mixture of lush meadows, cottonwood-lined creeks, and tree-covered hillsides. Contact Ken Mirr.

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Century 21 Harvey Properties | 2550 Lamar Avenue Paris, Texas 75460 903.785.8484 | 800.785.8495 | www.c21php.com

Preston ValleyLamar County, TEXAS / $2,200,000

A Versatile Equine Facility. A spectacular 438 acre tract of land featuring an incredible 5,000+sqft custom 5/5.5 main home with formals, hardwood flooring, dramatic sweeping staircase, soaring ceilings with custom exposed wood beams, top-of-the-line Miele appliances, home office, split master and so much more. Three other homes grace the property as well—perfect for extended family or use as guest housing or foreman/worker quarters. The entire ranch has been adapted for horses and/or cattle, with a special emphasis on horse breeding. Complete with several open sheds, covered working pens, feed areas, round pen, barns and large breeding barn with kitchen and all equipment, it’s the complete package! There are twelve different pastures with 13 ponds, some farm land for growing hay/crops and 200+ mature pecan trees. See more at www.PrestonValley.epropertysites.com

The Ultimate Texas Lifestyle!Lamar County, TEXAS / $1,450,000

An exquisite blend of exceptional quality and good taste. A delight to the senses, this 4,800 sq. ft. manor features an exceptional blend of granite, marble, wood, top of the line appliance technology as well as superior craftsmanship and design. Upgrades and designer touches to this home include 4-inch hardwood plantation shutters, custom hardwood flooring, Rocky Mountain hardware, a designer fallow and elk antler chandelier and hand-painted Ulla Darni glass designs, as well as energy efficient details including tankless water heaters, Pella insulated windows and doors, Infinity HIPPA zoned air system and much more. Guests will feel right at home in one of two guest homes on the property. Flagstone walkways, unique concrete surface designs and multiple patios compliment the outdoor living space featuring a 60ft salt water heated lap pool surrounded by imported mountain moss-covered boulders and river rock. A stone water feature and Koi pond add to the serenity. A professional stainless steel kitchen, majestic stone fireplace and fire pit are additional highlights to the positively impressive outdoors. The entire 22-acre property is fenced with 4-rail estate fencing highlighted by brick and wrought iron. See more at www.ParisTexasRanch.epropertysites.com

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CENTURY 21 HARVEY PROPERTIES 903.785.8484 | 800.785.8495 | www.c21php.com

Flying L RanchRed River County, TEXAS / $500,385

A Hunter & Fishing Paradise. Everyone will love the surroundings—a wonderful combination of grassland and woods with plenty of room to roam on horseback or on four-wheelers. Hunters will find plenty of game—deer, turkey, hog, duck, dove and geese—and the fisherman will find a 2-acre lake stocked with bass and catfish! A traditional 3 bedroom 2 bathroom brick home serves as home base while the ranch facilities consist of covered working pens, a 50’x80’ barn, a 125’x160’ equipment/hay shed and much more! See more at www.203AcreRanch.epropertysites.com

Woodland FarmRed River County, TEXAS / $7,200,000

A well-designed 2,660-acre fully operational cattle, crop farm and family retreat with rolling pastures, wildlife and lakefront property. Four homes grace the property including a spacious 4/3 main home. The premises consist of 2,400 acres of improved pasture including 1,457 crop-based acres, 2 working pens with chute and scale, good perimeter fencing and several working pastures. The rich river bottomland sandy loam soil is suitable for ranching or farming. Such outstanding river properties are becoming harder to find and this property has plenty of water! Permitting authority to irrigate up to 2,000 acres. Ample water for 1,600 acres includes 9 individual water wells; 2 live creeks; 14 stock tanks fed with water wells; common 300-acre lake; 5 center pivot system covering 600 acres. See more at www.WoodlandFarm.epropertysites.com

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Farm, Ranch & Recreational Land Sales Across the United States877.207.9700 toll free www.ranchland.comPROUD AFFILIATE OF UNITED COUNTRY

Fortune RanchHuerfano County, Gardner, COLORADO / $13,500,000 Seller will consider all reasonable offers from qualified buyers.

The Fortune Ranch has all of the components buyers of large investment / recreational ranches are looking for: good carrying capacity, abundant irrigated ground for farming, fishing on approximately three miles of the Huerfano River, hunting for elk, deer, antelope, bear and Big Horn sheep, and thousands of acres for hiking, horseback riding, four wheeling, snowmobiling, and dirt and mountain biking.

This ranch is a study in topographical diversity, from lush irrigated hay meadows and riparian land to high mountain pastures and alpine forests. The ranch is on the eastern slope of the majestic Sangre De

Cristo Mountain Range in the beautiful Huerfano Valley. Mt. Blanca (“a fourteener”) can be viewed from many parts of the ranch. In one day the owner could experience the spectrum of expansive mountain vistas, massive rock upheavals and outcroppings, sub-alpine forests, mountain streams, and a scenic, tumbling mountain river.

Abundant opportunities exist to create a family compound or personal retreat in a variety of topographies, while living in the current improvements. The Fortune Ranch is a blank canvas waiting for the personalization of the new owner(s).

This ranch is comprised of six individual deeded parcels, which can be purchased individually, and, State and BLM leased land totaling 16,757 acres, of which 10,557 acres are deeded. Contact Ted Schaal, www.ranchland.com/fortuneranch.

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MASON MORSE RANCH COMPANY 877.207.9700 toll free | www.ranchland.com

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Buffalo, Wyoming | 307.684.9556 www.PearsonRealEstate.com

Evening Star RanchAlbany County, WYOMING / $2,650,000

Nestled just off I-80 in scenic “high country”, (8,200’ elevation) the 310± acres deeded is 19 miles southeast of Laramie and 25 miles west of Cheyenne. Custom-built home (4,000± sq.ft. main level; 2,200± sq.ft. walkout basement), quality materials/construction throughout. Indoor heated (lap) swimming pool with safety and handicap features. 1,200± sq.ft. heated shop with concrete floor; 1,800± sq.ft. storage area that could also be used for horse stalls. Three ponds; small year-around creek. Excellent deer and elk hunting.

Birdsley’s Red Rock RetreatTen Sleep, WYOMING / $1,985,000

The 19.8± deeded acres with spectacular 4,400 sq. ft. log home situated at the base of a massive red rock formation and surrounded by beautifully landscaped grounds and three fresh water ponds. Situated at the mouth of the magnificent Ten Sleep Canyon, this property offers quiet seclusion with endless recreational opportunities just minutes away in the Big Horn National Forest. Ten Sleep Creek flows nearby and trout fishing is excellent.

JCA Mountain RanchAlbany County, WYOMING / $6,696,000

Spectacular foothills-mountain property. 2,160± acres deeded, 120± acres BLM lease for a total of 2,280± acres. Established working ranch located in extremely scenic area with outstanding hunting for trophy elk and mule deer. Located in prized Hunt Area Seven. Full set of ranch improvements including new, 6,000± sq.ft. residence that could be utilized as a family retreat, a corporate get-away, or headquarters for a commercial hunting/guiding operation. Beautiful native hay meadows, scenic valley setting, very pristine and somewhat remote working cattle ranch. First time ever offered.

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PEARSON REAL ESTATE BUFFALO, WYOMING | 307.684.9556 | WWW.PEARSONREALESTATE.COM

Big Horn River HideawayBig Horn County, MONTANA / $1,865,000

Rare offering. 57± deeded and secluded acres lying adjacent to the famous Bighorn River, approximately 6 miles south of Hardin, MT. Includes a 4,000 sq. ft., 4 bedroom, 3-1/2 bath custom log home, with screened sitting area, outdoor fire pit, and interior features too numerous to list. Separate insulated and heated metal shop with adjoining tack room and loafing shed. The property boasts over 1/3 mile of private Bighorn River frontage for your recreational enjoyment. World class trout fishing, abundant waterfowl and turkey hunting opportunities. An exceptional, one-of-a-kind property.

Panoramic View EstateJohnson County, WYOMING / $1,875,000

This 80± acre estate is located seven miles east of Buffalo at 131 High Plains Road in the Indian Plains Subdivision. The views from the 6,400 sq. ft., 2-story custom-built home are expansive and breathtaking in all directions—the Big Horn Mountains span the western horizon and the rolling terrain of open range lands stretch colorful hues in all directions. The property is a natural year-around habitat for sage grouse, antelope, whitetail deer and mule deer. Direct access to thousands of acres of public lands for recreational use including hunting. Home offers outstanding luxurious country living with good year-around access.

The Wild Rose RanchFremont County, WYOMING / $1,100,000

Located on the banks of the Wind River six miles west of Dubois. Property is a private, park-like setting on 20.69± deeded acres with mature pine, cottonwood and aspen trees. Small spring-fed pond. Irrigated pasture from Shapo Ditch. Domestic water supplied by Carey Spring. Property is short distance from USFS and BLM lands. Improvements include historic log home, 3-car log garage and shop, log barn and large steel shop. Extremely scenic property. Offered in entirety or in three separate lots. Price for Entire Property: $1,100,000; or Lot One: 3.94 acres for $325,000; Lot Two: 11.24 acres for $695,000; Lot Three: 5.49 acres for $295,000.

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3430 I-40 West, Amarillo, Texas 79102 806.355.9856 | www.CliftLandBrokers.com

S V Land & CattleUnion County, NEW MEXICO / $12,300,000

This ranch is offered in cooperation with United Country Vista Nueva, Inc., Portales, New Mexico.

For the cattleman—this ranch offers cattle working pens, an arena, 395+/- irrigated acres to grow feed for winter months, a good water storage and distribution system that supplies water to the entire ranch, and buffalo grass and blue gramma grass for year around grazing. A small preconditioning or growyard with processing barn and concrete bunks round out the cattle raising qualities of this ranch.

For the sportsman—abundant wildlife, including elk, mule deer, whitetail deer, mountain lion, bear, and dove and prime habitat made up of cedar and piñon pines make this ranch a sportsman’s paradise. There are three new or recently remodeled homes on this ranch giving you plenty of room for your hunting guests.

For the history buff—the rugged nature of this ranch and an abundance of Native American Indian artifacts and old homesteads offer plenty of opportunity for exploration and discovery.

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CLIFT LAND BROKERS 806.355.9856 | www.CliftLandBrokers.com

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101 S.E. Third, Pendleton, Oregon 97801 541.278.4444 | [email protected] www.whitneylandcompany.com

Inshallah RanchJohn Day, OREGON / $11,400,000

The Inshallah Ranch is one of Oregon’s most prestigious ranches located in the heart of Grant County. The diverse ranch serves as a recreational refuge for the abundance of wildlife that call home to this 24,000 acre ranch (12,000 deeded and 12,000 out the gate grazing permits on adjacent USFS permits). Located approximately 40 miles south of John Day, the ranch provides high quality forage and “world class” hunting. Recently the ranch produced Oregon’s #2 all time archery Rocky Mountain elk. Throughout the ranch, water is highlighted everywhere, from various springs, creeks and ponds. High quality buildings? Look no further as the executive style home provides a custom kitchen, rock accents and warm cherry woods throughout. Additional outbuildings include equine facilities, 3,200-foot airstrip and three additional residences.

Shumway’s Bar Running N Ranch

Bridgeport, OREGON / $8,000,000

Owned and operated by the same family since 1920, this historic ranch is a one-of-a-kind ranch nestled in the picturesque Burnt River Valley in Northeastern Oregon. Located 30 miles from Baker City, Oregon the award winning ranch has received numerous acknowledgements for preservation and conservation. A premier working cattle ranch consisting of 7,956 deeded acres plus an additional 700 acres of internal Bureau of Land Management grazing leases. A quality timber stand due to 50 years of precise forest management practices also provides food, water and shelter for healthy herds of Rocky Mountain Elk and Mule Deer. Multiple water sources including the Burnt River which free flows through the heart of the ranch providing irrigation for the 700 acres of meadow hay fields.

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THE WHITNEY LAND CO. 541.278.4444 | [email protected] | www.whitneylandcompany.com

Fort Rock Hay RanchFort Rock, OREGON / $4,230,000

The Hufford Ranch is located in Lake County, Oregon, 34 miles west of Christmas Valley. Operated as an irrigated alfalfa hay and livestock operation, the operators consistently produce dairy quality forage. Containing 1,520 deeded acres, the ranch provides a 2,450 square foot custom home. Center pivot irrigation and outstanding recreational opportunities combined with quality improvements makes this a complete package.

Grande Ronde River RanchElgin, OREGON / $4,800,000

Located near historic Troy, Oregon this is one of the last privately owned parcels with river access on the entire Grande Ronde River, “A Wild and Scenic Corridor”. This majestic, very private property provides recreation opportunities rare to the area providing “world class” steelhead fishing, Rocky Mountain elk and Mule deer to name a few. Land on your private airstrip and relax in the cozy mountain cabin. Not often can you mix steelhead fishing and big game hunting within the same parcel. A true end of the road property.

Kennedy RanchPaulina, OREGON / $2,900,000

This diverse and appealing ranch consists of 6,207 acres providing a variety of topography including timbered mountain tops, juniper ridges with native bunch grass, sagebrush draws and meadow flats including sub-irrigation. The perimeter fencing of the ranch shares boundaries with the US Bureau of Land Management and US Forest Service, providing miles of expanded recreational opportunities. Beaver Creek flows through the heart of the ranch with other streams such as Rock Creek and Camp Creek meandering through. In the heart of your private scenic valley rest two ranch style homes including several outbuildings and livestock facilities.

High Valley RanchCove, OREGON / $1,000,000

The 821 acre High Valley Ranch is located in the heart of the Blue Mountains of northeast Oregon just a few miles from the Eagle Cap Wilderness. The terrain, ranging from 3,500 feet to 4,000 feet above sea level, consists of timbered hillsides and ridgetops with open meadows and pastures providing 150 acres of tillable soils. The ranch has a custom 5,000 s.f. home overlooking the mountain valley providing exceptional views of Mt. Emily and neighboring mountain ranges.

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Laura Beckwith, Principal Broker | Dorset, Vermont 05251 802.867.5555 | www.josiahallen.com | www.vermontforlife.com

Amazing Privacy, Stunning Architecture on 65 Acres

Danby, VERMONT / $850,000

Surprising and vastly appealing architectural grandeur set amid 65 private, verdant Vermont acres. The rapturous design takes full advantage of the light, views and abundant nature at hand. It offers yearned for privacy on 65 serene acres, and yet is just 20 minutes to Manchester and Rutland. The spectacular great room delights the eye from cherry floors to the two-story Saranac Lake Redstone fireplace.Granite kitchen flows to dining and to loft office. Four suites ensure privacy for all. Lush grounds with trails that wander across subdividable property.

Mountain View Farm— Breathtaking Home & LandRupert, VERMONT / $2,250,000

Mountain View Farm's beautiful bucolic setting and remarkable offerings are ideal for any small farm or equine pursuit! Stunning, efficient, historically accurate reproduction saltbox has double-walled insulation and superior mechanical systems (even an underground tunnel to greenhouse and barn). The brand new five-stall horse barn is easily expanded to ten, and overlooks the swimming pond. Two fenced ten-acre pastures have heated water troughs. Restored Cape Cod caretaker’s or guest home with 5 fireplaces overlooks a second pond and mature fruit trees. The property borders 3,000-acre Merck Foundation land laced with trails. A property that is breathtaking in every aspect and must be seen!

Post & Beam on 54 Acres with ViewsDorset, VERMONT / $735,000

Fantastic views from road’s end on the serene Upper Hollow. Open, flowing living in rustic post and beam elegance. Two fireplaces grace the living areas or look out through windows galore to mountains and patchwork meadows. Cherry and oak hardwood flooring, cherry cabinetry, lofts, skylights, antique brick, tile and stone—live a textured life! Two main level bedrooms and two additional up, plus two lofts perched over the great room. This Dorset Hollow get-away provides for everyone’s comfort and enjoyment in rural grace!

Handsome Deerfield Reproduction on 6.8 AcresManchester, VERMONT / $795,000

This 1990 Deerfield Reproduction sits high on 6.8 Acres of meadow, mature trees, gardens, overlooking mountains, a trout pond, and the Equinox preservation. Finely executed, it looks and feels as if it has always been there. The attention to detail is amazing: from dentil moldings, paneled fireplaces, cherry floors, bookcases, window-seats, staircases and landings, stone walkways, porches and entrances! Library, dining and large open great room kitchen. The new marble kitchen features cherry cabinetry and stainless appliances. Move in to utter relaxation, peace and wonderment.

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JOSIAH ALLEN REAL ESTATE 802.867.5555 | www.josiahallen.com | www.vermontforlife.com

Stunning Views and Architecture on 5+ Acres

Dorset, VERMONT / $685,000

A wonderful location enhanced by architect Ramsay Gourd’s gracious renovation which features: a light airy and open floor plan; native granite & locally milled custom cherry cabinetry; wet bar, kitchen/great room; abundant window seats and built-ins. Fabulous formal living/dining with Count Rumford fireplace. Private two room in-law suite, main level primary suite and plenty of room to entertain! Tremendous curb appeal and 360° views from this level 6-acre parcel with birch trees and pasture. Make memories strolling to nearby orchard and berry farm!!

Dramatic Home on Your Own Bend in the River

Dorset, VERMONT / $999,979

Builder owned, this property is beautifully situated on a curve of the Mettowee River with 170 feet of frontage. A strong, unique home, it incorporates antique recycled materials lending character at every turn. Custom kitchen cabinets made of 100-year old pine, two stone fireplaces, cathedral ceilings, large game room, artist’s studio and much more. Permitted for 4 bedrooms. 3,500 sq. ft. with room for expansion. A home of personality, hospitality and liveliness at a very special bend in the river. Owner/Broker.

Vermont for LifeDream of living in Vermont?

Have you wondered about life in a state with no billboards, where kids ski on Friday afternoons instead of going to school, where town meetings gives everyone a voice? Near to New York, Boston, Montreal, yet far enough to be completely away, Vermont might be just perfect for you. Follow vermontforlife.com and learn all about it: what’s fun, what’s unique, what the people (some would say the characters) are really like. Discover www.vermontforlife.com.

Pine Cliff Farm on 250 Acres!Wells, VERMONT / $675,000

Pine Cliff Farm has been held in the same family for more than 45 years. This genuine treasure offers an unspoiled 250 acres and renovated house which includes a small apartment. Gentle rising pastures and a tillable meadow, beautiful amazing mature hardwoods and more than 2,500 feet of Wells Brook meanders through the acreage. A three-story barn, a milkhouse, and—get ready for omelets!—a chicken coop will allow your farming dreams to come to life in a pristine Vermont valley.

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T he Chickering CompanyRanches, Lakes, Rivers/BrokerTerry Hundemer | 530.265.5774 [email protected] | www.ranchbuyer.com

Hop & Barley RanchCovelo, Mendocino County, CALIFORNIA

$14,000,000

The historic Hop and Barley Ranch consists of approximately 6,420 acres with 1.5 +/- miles frontage on the Middle Fork of the Eel River, a steelhead trout fishery. A rare combination of productive valley floor lands, where hops and barley were once farmed in the early 1900’s, to lush beautiful forests and meadows in the mountains, and bucolic grassy hills along the river. A ranch of this size and diversity offering trophy black tail deer and pig hunting, set in a beautiful valley with classic redwood ranch buildings, is a rare find and only four hours from the greater San Francisco Bay Area.

Mill Creek RanchTehama County, CALIFORNIA / $29.5 Million

Continue the legacy… 25,614+/- acres of majestic rolling pasture lands and rugged blue oak forest provide one of the largest private ownerships remaining in California. More than 15 miles of a year-round trout stream provides an endless supply of classic pools and riffles to challenge the true fly-fishing enthusiast. Wildlife abounds with bobcat, bear, mountain lion, hawks, eagles, turkey, quail, and one of the largest deer herds in the State migrating through the ranch. Historically run as a purebred Hereford cattle ranch, it is estimated that the ranch can run around 500-600 head year-round. Water is plentiful with very strong adjudicated water rights from Mill Creek, as well as a number of stock ponds and reservoirs. To round out this pastoral setting, a custom built 7,388+/- square foot owner’s residence with large lap pool takes full advantage of the expansive views of this signature ranch. Co-listed with Bill McDavid of Hall and Hall.

Spring Creek RanchFall River Valley, Shasta County, CALIFORNIA $12 Million Just Reduced

Clearly, this 1,346+/- acre ranch is one of the best fly-fishing ranches with private fishing water on the headwaters of one of the most prolific spring creek wild rainbow trout fisheries in the Country, with the average catch in the 3-6 pound range. The ranch also fronts a second spring creek, as well as frontage on the world renowned Fall River. The ranch is home to abundant migratory waterfowl including ducks, geese, pelicans, egrets, herons and swans. Other bird species include Osprey, Bald Eagle, Great Horned Owl, Peregrine Falcons, quail, dove, pheasant, turkey and grouse. Hunting has not been allowed in years so the ranch has become a true wildlife refuge in a beautiful mountain valley with stunning views to Mt. Shasta to the north. A jet-capable County Airport and the small ranching community of Fall River Mills is just 10-15 minutes from the ranch.

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THE CHICKERING COMPANY Terry Hundemer | 530.265.5774 | [email protected] | www.ranchbuyer.com

South Battle Creek RanchMt. Lassen Foothills, Tehama County, CALIFORNIA

A true Sportsman’s paradise with access to more than 6 miles of the South Fork of Battle Creek, a productive trout fishery, and over 4,137+/- acres of rolling-meadows and blue oak woodlands that are home to one of the largest migratory deer herds in the State. The Ranch also provides prime habitat for dove, quail and wild turkey. One of the only fly-fishing resorts located within a short drive of the San Francisco Bay Area, the ten guest room Oasis Springs Lodge was formerly endorsed by Orvis. Operates as a guest lodge or as a private family/corporate retreat. All of this is located in view of snow-capped Mount Lassen, only 45 minutes east of I-5 and the ranching/farming community of Red Bluff in Northern California. For the first time, Oasis Springs Lodge and Rocky Springs Ranch can be purchased together for $9.39 million. (Oasis Springs Lodge and Rocky Springs Ranch are owned by separate entities and are available separately for $4,895,000 and $4,495,000 respectively.)

Sierra Foothill RanchAmador County, CALIFORNIA / $3.3 Million Drastically Reduced

This classic 714+/- acre foothill ranch with rolling hills, wildflower-filled meadows, and specimen Oak and Pine forests is nestled in the Sierra Nevada Foothills between San Francisco and Lake Tahoe. Water is plentiful with a 24 acre foot reservoir, a few seasonal stock ponds, numerous ground water springs and a babbling creek with cascading waterfalls. Within the Fiddletown Viticulture Area and near Shenandoah Valley, this area is well known for its vineyards and wineries. A wonderful private retreat that is perfect for hiking, biking, and horseback riding.

Hope Valley HomesteadCarson Pass, CALIFORNIA / $1.5 Million Reduced

This 40+/- acre ranch is nestled at the base of picturesque Carson Pass and the magnificent 10,000 foot High Sierra Mountains and is one of the few private holdings in Hope Valley, the most dramatic alpine valley in California. National Forest adjoins for miles of endless hiking, skiing and horseback riding. Lake Tahoe is only 30 minutes away, and Kirkwood ski resort is only 10 minutes away, both offering year-round activities. Add a classic willow-lined trout stream meandering through an alpine meadow and a custom log house set amongst the quaking aspens, and you have completed the perfect postcard setting with views everywhere.

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Michael Ben-Horin | 602.468.0040 office | 602.954.6666 cell [email protected]

The GB RanchCochise County, ARIZONA / $27,000,000

The GB Ranch is located eight miles southwest of Willcox, Arizona at the intersection of Interstate 10 and State Highway 191. The Ranch consists of 3,600 deeded acres and 3,945 acres of state grazing lease. It sits at an elevation ranging from 4,145 to 4,250 feet and has more than three miles of highway and interchange frontage for future development. The Ranch has seven registered wells and is currently leased out year round as a cow/calf/yearling operation. Ranch generates $38,000 per year in cell tower, billboard and ranch leases. 2011 property taxes were $2,350.

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BENROSS CORPORATION Michael Ben-Horin | 602.468.0040 office | 602.954.6666 cell | [email protected]

Antelope Trails RanchMoriarty, NEW MEXICO / $12,708,000

The Antelope Trails Ranch is located 45 miles east of Albuquerque just south of Interstate 40 near Moriarty, New Mexico. The Ranch consists of 12,708 deeded acres, 5,531 acres of state grazing leases and 40 acres of private lease. The Ranch has nine wells and four drink tanks. All wells are vested/grandfathered water rights registered with the State of New Mexico. Other than fences and wells/windmills the Ranch has no improvements. It has, however, been subdivided into 95 smaller parcels ranging from 40 - 511 acres in size should a future owner wish to market the property as ranchettes. The Ranch currently generates income through a ranch lease and sale of antelope hunting permits.

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Presenting Colorado's Finest Properties21263 Hwy. 550, Montrose, Colorado 81401 970.249.4300 | [email protected] | www.eagleland.com

Stillmeadow RanchHinsdale County, COLORADO

$5,995,000

Located just 9 miles south of Lake City, Colorado is a slice of heaven unlike any other. The Stillmeadow Ranch is a fisherman’s paradise controlling both sides of the Lake Fork of the Gunnison River for almost one mile. Positioned in a majestic sun filled valley, the ranch is well protected with public land on 3 sides. The ranch features a 5,700 +/- square foot Norwegian Log home overlooking the lush 70 acre irrigated meadow to the north. Includes 5 acre fishing pond, detached garage/shop, a newly remodeled 2,370 square foot caretaker’s home with a Morton machinery shop, direct year round county road access and a stunning views in all directions. This is a must see property!!!

x quarter circle bar RanchMontrose County, COLORADO / $4,995,000

This 2,175-acre ranch is a combination of beauty, accessibility and history making it one of the finest ranch properties available. Having been in the family for 3 generations, it has been used for trophy hunting and for cattle and sheep ranching, the land has been well cared for. Its plentiful supply of lush grassy meadows, and native trout filled streams, springs and ponds are well scattered throughout the dense stands of Ponderosa, Aspen, Blue Spruce and Oak. The northern end of the ranch begins at an elevation of 7,940 feet and is a combination of Oak, large grassed meadows, Ponderosa Pine and Juniper. The midsection of the ranch is a combination of meadows, ridges and draws. Healthy stands of Ponderosa Pine and cliff lined benches. Moving to the south, the property constantly gains elevation to over 9,000 feet, large Blue Spruce and Douglas Fir trees intermix with the virgin Aspen groves and high alpine meadows. There are a number of densely wooded canyons with wildlife filled bottoms, productive springs and flowing streams running the entire length of the ranch. Just over an hour from the world class ski slopes of Telluride, and less than 30 minutes to shopping and the airport in Montrose.

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LOAN EAGLE LAND BROKERAGE, INC. 970.249.4300 | [email protected] | www.eagleland.com

Arrowhead Alpine RanchGunnison County, Gunnison, COLORADO / $960,000

320 pristine acres located in the heart of the Alpine Plateau. 35 miles from Montrose and 45 miles from Gunnison. This high Alpine parcel is a combination of elevated Aspen and Pine covered building sites overlooking lush open meadows. Features include fantastic views of the West Elk and Ragged Mountains, national forest on 3 sides, a beautiful clear pond and alpine streams, direct seasonal county road access and underground electricity. Priced at recent 2009 comparable sales!

North Mountain RanchSan Miguel County, Telluride, COLORADO

$10,995,000

One hour from Telluride Ski Area, this 4,406 acre ranch has been owned by the Hughes Family for some 80 years. It is the epitome of Colorado cattle ranches with recreation amenities galore. The ranch features some of the best Elk and Mule Deer hunting in Colorado. Superb trout fishing at Miramonte Reservoir and highly acclaimed fly fishing in the San Miguel River all less than 30 minutes drive. Rugged yet accessible hills and valleys are covered with a mixture of Aspen, Gamble Oak, Colorado Blue Spruce, sage and grass filled meadows. Great views are in all directions with Lone Cone Mountain looming in your face with the 12,000-14,000 ft. Rocky Mountain peaks only a few short miles away. A modest, rustic cabin serves both as a cow camp and for the hunting lodge. Springs and ponds supply an abundant source of water for livestock and wildlife. Commercial air service, great restaurants, world class skiing and shopping all available at Telluride.

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Office 308.532.9300 | Cell 308.530.0134 Email [email protected] www.lashleyland.com

5 Points RanchHarrison, NEBRASKA / $1,500,000

Endless options! That is what you will find on this one of a kind Pine Ridge Habitat. This property is located 4 miles north and 9 miles east of Harrison, Nebraska and consists of 920 +/- acres with the majority of it in timber. There is a spectacular first class lodge seated on 2.27 acres with four bedrooms that provides an outstanding view of the “5 Points” rock formation just off the back terrace. In addition to the lodge is a metal storage shed with a walk-in cooler that can be used to hang meat.

The ranch is currently being used as a high fence Elk Preserve. Maintain as is to enjoy a private elk herd to hunt without the need for permits or opt to remove the elk and open the gates to allow mule deer and white-tail deer to move in. 5 Points Ranch also features live water with developed and stocked trout ponds of Brown Trout, Rainbow Trout, Largemouth Bass and Hybrid Sunfish. The wildlife is plentiful including native Merriman's Wild Turkeys and Elk.

There is an additional 720 acres of land available adjacent to this property with our East Boggy Creek listing. Details on opposite page. Enjoy the best of both worlds by purchasing 5 Points Ranch and East Boggy Creek. Open the gates on one and hunt deer—leave the other closed and hunt elk! Contact listing agent Mike Lashley for more details at 308.530.0134.

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LASHLEY LAND COMPANY 308.532.9300 | www.lashleyland.com

East Boggy CreekHarrison, NEBRASKA / $775,000

A breathtaking piece of real estate—East Boggy Creek features dramatic elevation changes in which three states can be viewed from the highest points (NE, WY, SD). This property totals 720 +/- acres which are located 14 miles northeast of Harrison, Nebraska and begins in the canyons, includes a creek that winds through it and is 80% tree covered. There are extensive roads and trails throughout as well as a high fence that encompasses approximately 600 acres. This land is optimal hunting property. Wildlife that has been seen frequenting East Boggy Creek includes mule deer, elk and Merriam’s wild turkey. This is the perfect getaway spot—and for the ultimate opportunity consider the property available next door which is “5 Points Ranch” with 920 acres—details on opposite page. Contact listing agent Scott Saults for more details at 308.289.1383.

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Cocolalla Creek RanchRoberta Thompson | PO Box 550, Cocolalla, Idaho 83813 509.990.3456 | [email protected] | www.ccranches.com

North Idaho Estate RanchCoeur D’alene Area, Sandpoint, IDAHO / $1,900,000

Cocolalla Creek Ranch is one of the finest properties available in the beautiful North Idaho panhandle. Consisting of 240 deeded acres, the property boasts " mile of Cocolalla Creek frontage, fenced hay meadows, timber and plenty of room for its 3 homes, indoor arena and numerous barns and outbuildings. Miles of trails provide excellent hunting, fishing, riding and hiking experience. Bear, moose, deer, elk, as well as several species of game birds frequent this sportsman’s retreat. Cocolalla Creek Ranch sits just minutes away from Coeur d’Alene, Idaho and only 13 miles from Sandpoint, Idaho and Lake Pend Oreille. Sandpoint, Idaho was recently named the Best Small Town in The West and was honored in the Best small towns to retire by Retirement Places Report.

Nestled at the base of the Selkirk Mountains in North Idaho's Panhandle region, the community of Sandpoint can be found 60 miles south of the Canadian border and 75 miles northeast of Spokane, Washington. With a population of approximately 6,000 residents, Sandpoint is located in a land of uncompromising natural beauty on the northern shore of Lake Pend Oreille. A spectacular, glaciated body of water 43 miles long, Pend Oreille is the fifth deepest lake (1,158 feet at its greatest depth) in the United States with 111 miles of shoreline. Its pristine waters are a major factor in the community of Sandpoint's high ranking as a premier tourist destination.

This rare Idaho Gem consists of 240+/- acres. Included is 147.5 acres of Productive Forestland with miles of trails for four-wheeling, horseback riding, hiking, or just exploring, 59.5 acres of lush meadow land capable of grass production, 23.5 acres of sub-irrigated agriculture land for production

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COCOLALLA CREEK RANCH 509.990.3456 | www.ccranches.com

of machine harvestable crops, 6.5 acres of rural residential in and around the numerous outbuildings and 3 one acre home sites. The ranch is already split into 12 separate parcels. One of the homesites includes the 2,800 square foot main home with a sunken living room, maple floors, clear redwood ceilings and cathedral ceilings in the bedrooms, this 3 bedroom, 3 bath home overlooks the entire operation.

Seller is also willing to split a portion of the property to include 100 +/- acres with the 2 homes with garages, horse barn and indoor arena, hay barn, 2 miscellaneous barns, shop and productive hay fields with Cocolalla Creek frontage and one pond for $1,400,000. Or the entire ranch can be yours for $1,900,000. Seller is offering the complete line of equipment, plus horses, on a separate contract that would make this a turn-key operation.Photos by Linda Lantzy, www.idahoscenics.com

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Chateau In The SandOld Atlantic Beach, FLORIDA

A rare opportunity to own and live in an authentic work of architectural art. This pure Provence style home is located in the northernmost last frontier of residential beach on the Atlantic ocean in Florida. The homes are nestled along a one-way lane of high dunes and oak hammocks that provide a retreat for people who value their privacy. The three story home is of Palladian roots and is of superior structural integrity. The architectural elements and interiors are reclaimed and imported from France from the 200 year old barrel roof tiles to the terra-cotta floors reclaimed from ancient farmhouses. The kitchen is a chefs dream, designed and executed by L’ATELIER DE ST PAUL in Aix en Provence complete with 1,500 pound marble sink carved by French sculptor Marie-line Foussier out of one single piece of stone. Over 12,000 sq. ft. under roof of priceless construction. Offered with antiques and furnishings.

Marilyn Hoffman | Hoffman International Properties Dallas 214.698.1736 | Fort Worth 817.399.1119 Scottsdale 623.321.3284 | Lexington 859.523.2812 Monte Carlo 800.93498 | www.MagnificentProperties.com

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HOFFMAN INTERNATIONAL PROPERTIES www.MagnificentProperties.com

Bloomfield ManorLexington, KENTUCKY / $6,500,000

Bloomfield Manor at 24,252 square feet is the largest home in Lexington, Kentucky. Patterned after a 17th Century English Country home, this three story manor features museum quality construction and is secluded on 11 acres with exquisite formals gardens, two pool houses, croquet garden and double gated entries. Winner of the Merit Award for landscape design achievement. The two story entry is 84’ long and features a walk-in fireplace. The two story Great Hall has a paneled, coffered ceiling and the Banquet Hall seats 16. There are two additional Dining Rooms, Library and Bar room, huge downstairs master, upstairs gallery with art lighting and a third floor designed for children. A rare opportunity to own a landmark Kentucky estate and live in a work of art. Offered far below replacement value. Extra land available with two contemporary homes totaling 7,000 sf.

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Tim Bray | Chad Kimerer Seaport Real Estate Group 860.245.9200 | www.SeaportRE.com

Sporting Estate at Falls Creek FarmCONNECTICUT / $5,750,000

The Sporting Estate at Falls Creek Farm offers a once in a lifetime opportunity for the elite outdoor enthusiast to explore hundreds of natural horse riding trails, a challenging private 9-hole golf course, a world class equestrian facility, and hundreds of acres used for sporting, recreation and cultivation. This property is so beautiful, private and sublime, that you will never want to leave, and so complete, you won’t have to. Centrally located between Boston and New York City, and surrounded on three sides by Connecticut’s Pachaug State Forest, Falls Creek Farm is wrapped in a tapestry of New England charm that must be experienced.

Overview: 350± acres, three large ponds and a stream, an equestrian center, both vegetable and perennial growing fields, 9-hole private golf course, beautiful main residence, indoor/outdoor entertainment area and conservatory, wine cellars, stone walled English garden, newly renovated guest lodge, a chapel, greenhouses, maintenance and storage buildings, and an additional duplex and two elegant homes to accommodate guests or staff.

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WILLIAM PITT | SOTHEBY'S INTERNATIONAL REALTY [email protected] | www.SeaportRE.com | 860.245.9200

Equestrian Center: Falls Creek Farm is an equestrian enthusiast's dream. This renowned facility features a 26,000 sq. ft. indoor arena, which includes 100 horse stalls, lounge/restaurant, bleachers, announcer's booth, tack room, shower stall for horses, two storage rooms and a concession stand. The 15,855 sq. ft. main stable includes three sections; a heated section with 17 stalls, tack room and wash stall, 12 additional stalls blocked off by folding doors, and a 60 foot indoor round pen, dock and feed loft. Additional amenities to the center include 140 wood framed stalls, two outdoor arenas, multiple paddocks and several buildings for equipment and storage.

Main Residence: With 8,939 sq. ft. of exceptional living space, this impressive structure offers a spectacular indoor/outdoor entertainment area highlighted by a 15 x 40 foot vanishing edge pool, full bar, conservatory and 1,200 sq. ft. patio overlooking a stonewalled English garden. Additional features include a luxurious master suite opening to a rose garden, three exceptional guest suites, multiple fireplaces, expansive great room, vaulted ceilings and a gourmet kitchen. Throughout the home, careful attention to detail and extraordinary design finishes exemplify quality and elegance at its best.

To learn more about this incredible opportunity: Contact Tim Bray or Chad Kimerer at [email protected] or 860.245.9200.Photos by Bill Brelsford and Chad Kimerer

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George Harvey | [email protected] 970.729.0111 | www.theharveyteam.net

Market Expert George R. Harvey, Jr.Telluride, COLORADO

George received his undergraduate degree in Business Administration from the University of Arkansas in 1973 and obtained his Colorado Real Estate Sales License in 1984. He currently holds the designations and certifications of Accredited Buyer Representative, Certified International Property Specialist, Certified Luxury Home Marketing Specialist, Council of Residential Specialist, Graduate of Realtor Institute, Resort and Second Home Property Specialist, Transnational Referral Certification, Masters of Real Estate from the Colorado Association of Realtors®, NAR E-PRO and EcoBroker.

Among George's many accomplishments, he is especially proud of having been voted twice "Telluride Realtor of the Year" 1993 and 2007 and served as President of the Telluride Association of Realtors®. He has regularly served the Colorado Association of Realtors® on its Executive Committee and was President of the Colorado Association of Realtors® for 2010. For 2012 he remains active serving as Chair of the National Association of Realtors® Resort and Second Home Committee; Vice Chair of the Realtors Land Institute Government Affairs Committee, and on the National Association of Realtors® Global Business & Alliances Committee . Furthermore, he is a member of the Realtors Land Institute, which specializes in land ranch sales; Unique Homes Luxury Real Estate Network; DuPont Registry’s Elite Agent Network; Barbara Corcoran’s Inner Circle; The Institute for Luxury Home Marketing; Associated Realty of the Americas; as well as FIABCI, the only international real estate organization endorsed by the United Nations.

Since 1984, The Harvey Team has closed over 700 transactions totaling over $550 million in sales. George is Owner/Broker of The Harvey Team, and is assisted by his wife, Becky, with their boutique practice specializing in customized services for affluent sellers and buyers in the Telluride region.

To read The Harvey Team’s “Telluride Real Estate Market Analysis: 2011 Perspective and 2012 Forecast”, click on the How’s the Market? tab at www.TheHarveyTeam.net.

The Refuge at CornerstoneCornerstone, COLORADO / $3,250,000

www.RefugeAtCornerstone.com

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THE HARVEY TEAM [email protected] | 970.729.0111 | www.theharveyteam.net

Lazy Dog RanchTelluride, COLORADO / $2,650,000

www.LazyDogRanchWilsonMesa.com

Spectacular Overlook on Wilson MesaTelluride, COLORADO / $3,950,000

www.WilsonPeakLuxuryHome.com

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Tom A. Rolston | 602.248.9232 [email protected] | www.ganadogroup.com

Vaca RanchSanta Cruz County, ARIZONA / $8,750,000

The Vaca Ranch is located in the San Rafael Valley, one of Arizona’s most scenic and biologically diverse places. The ranch headquarters is located 10 miles southeast of Patagonia and 58 miles south of Tucson. Rangeland improvements are well maintained and tenure includes 5,418 acre Deeded and 19,739 acre Forest Service ranging from 4,875 to 6,100 feet elevation. Vegetation is Grassland and Oak Woodland, creating forage and grazing for 566 head of adult cattle yearlong. The area’s mild year-round climate and high rainfall make these some of the most productive grazing lands in the state with one of the highest stocking rates. Game includes a sizeable population of Mearn’s, Scaled and Gambel’s quail, Mexican duck, and Coues deer. The practical territorial-style headquarters provide a warm, secluded, year-round residence or private getaway set in the historic San Rafael Valley. This is truly an exceptional Arizona cattle ranch.

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GANADO GROUP, INC. 602.248.9232 | [email protected] | www.ganadogroup.com

Kelton RanchYavapai County, ARIZONA / $2,500,000

The Kelton Ranch is located 60 miles north of Phoenix in the Prescott area. The Headquarters is four miles east of I-17 within 75 minutes of downtown Phoenix and Sky Harbor Airport. 80 acres deeded along Agua Fria River, 49 acres deeded along Indian Creek, 1,967 acre State, 10,356 acre BLM and 12,196 acre Forest Allotment. Capacity 445 head yearlong. Elevation is 3,400 to 5,000 feet with the Headquarters at 3,440 feet. Headquarter improvements include nice main ranch house, barns, shipping corrals and 35 irrigated acres. This is an opportunity for the serious cattleman to own a reputation cattle ranch.

Skull Valley Area PropertyYavapai County, ARIZONA / $2,200,000

The Yavapai County property is located in Skull Valley, approximately 20 miles from downtown Prescott and 100 miles northwest of Phoenix. 139 acres deeded along Old Skull Valley Road. Elevation is 4,163 feet to 4,703 feet. Improvements include main ranch house, second house, barn, shop, outbuildings and 80 acre irrigated with two irrigation wells. This is an opportunity for a family, horseman, specialty livestock breeder, specialty farmer or retiree to own a good long term investment in a pleasant year-round climate.

Bar K Bar RanchWickenburg Area, ARIZONA

$2,000,000 Including Cattle

The Maricopa County ranch is located 45 miles northwest of Phoenix in the Wickenburg area. The Headquarters is three miles west of Morristown along the east bank of the dry Hassayampa River 11/4 hours from downtown Phoenix and Sky Harbor Airport. Tenure includes a 120 acre deeded Headquarters site, 2,160 acre State Lease and 10,148 acre BLM Allotment. Capacity is 105 head yearlong. Elevation is 1,730 to 2,750 feet with the Headquarters situated at 1,775 feet. Headquarter improvements include nice 3,100 sq. ft. main ranch house, 680 sq. ft. historic general store, guest house, labor housing, 4,850 sq. ft. workshop, 17 stall round horse barn, roping arena and more. This ranch is ideally located for a professional, retiree or winter visitor interested in mild winters, western recreational opportunities and the experience of managing an Arizona desert ranch.

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RealQuest RealtyGrand Junction Colorado | 1-877-967-9700 | 970-256-9700 [email protected]

Kannah CreekWestern COLORADO / $3,500,000

This 7000 +/- sq. ft. custom home sits in the shadow of the Grand Mesa, a 10,400 ft. flat top mountain with over 300 lakes and 600 miles of hiking, biking and trails. Situated below a bluff on the banks of Kannah Creek in Western Colorado. This log and stone masterpiece was crafted to celebrate the natural elements of its surroundings. It is awash in natural light from any direction. The floor plan was created with the client's lifestyle in mind and features several large open spaces both inside the home and out for entertaining. Several private and secluded areas of the property lends itself to an intimate feel for those special moments. Most rooms have tray ceilings with low voltage lighting to enhance any atmosphere. The large kitchen, with that amazing gourmet feel, includes luxury appliances, walk-in pantry, eat-in coffee area, wine cooler and views of the heated pool and surrounding mountain terrain. Several living rooms, family room, office and game room with fireplaces, wet bars and custom electronics suit the property well for entertaining or a quiet night alone with family. The six car garage with RV space and shop buildings allow for equipment and recreational vehicle storage. Two large fish-filled ponds for your enjoyment complete with spraying fountains are visible from many rooms in the home. The property is set for livestock with 15 irrigated acres of hay grass as well as full fencing. An additional 8 acres and a 6,500 sq. ft. shop building can be included in the sale for $600,000. This fine property offers it all for a discriminating buyer desiring seclusion, wonderful vistas, fishing, hunting, and recreational opportunities just minutes away in the national forest. In essence, it's a mixture of elements, sights, sounds and people that have crafted this wonderful estate home in Western Colorado.

Kuiper LaneMesa, COLORADO / $995,000

A rare opportunity in the mountains of western Colorado. This gated 86 acre wooded recreation property is an ideal year round retreat or weekend getaway—ski at Powderhorn mountain resort (2 miles away) or relax by one of the fireplaces with a good book and watch the world pass you by with the 360 degree mountain and valley views as your backdrop. If summer is your time of year, this is the perfect place to enjoy the outdoors with two streams and natural springs on the property. This custom built home boasts 5,696 sq. ft., 4 bedrooms and 4 baths, a game and wine room are located on the lower level. The master suite is located on the main level with the formal dining room, den, office and great room. A patio and covered deck are located on each level. The horse barn and corral are like new! Wildlife is abundant! Hiking and riding trails have been created for your outdoor adventure. Truly a must see—a magical place indeed!

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REALQUEST REALTY 1-877-967-9700 | 970-256-9700 | [email protected]

Turkey Track RanchPaonia, COLORADO / $5,000,000

An excellent high country hunting opportunity with a variety of other recreational uses. With National Forest Service road access the topography consists of mountain meadows with high mountain terrain on each side; as well as two miles of Gunnison National Forest boundary defined by the Division of Wildlife as an Elk Migration route. The 1995 hunting lodge provides functional accommodations with two additional cabins (1963 and 1945). A large bass pond, live streams and heavy forested areas provide a true mountain experience. Many commercial and/or private guiding, hunting, fishing, hiking, four-wheeling, climbing, and other local area activities exist. This 1,088 acre property lies 10 miles north of the quaint mountain community of Paonia, Colorado providing convenient local shopping. Ten miles to the north is the Electric Mountain Lodge; which is fast becoming a world class snowmobiling destination. Come and view this stunning Colorado mountain property, it is truly inspiring!

Gurley LakeSouthwest COLORADO / $975,000

Colorado Log and Stone Waterfront Retreat. Mental and Spiritual rejuvenation happens here. The feeling of safety and privacy will envelop you on this amazing property. This stunning log home is located in true ranch country just 45 miles from Telluride and only seven miles north of Norwood, Colorado; with year round paved road access. Heavily treed, the home sits amongst the tranquility of the aspen and towering ponderosa pines. This private sanctuary sits on 42+ acres and offers quality craftsmanship throughout with luxury and custom details including: handcrafted masonry, log trusses, tongue and groove ceilings, reclaimed wood floors and custom fir cabinets. Totaling 3,500 sq. ft. there are three bedrooms and four bathrooms, a masterfully constructed stone fireplace in the grand room, a finished basement with game room, bedroom, built in cabinetry and wall safe. The home is tastefully furnished throughout and the new owner will be able to enjoy the professionally decorated home as well as all the furnishings as they are included in the sell of the home. Should outdoor recreation be your desire, you will find it is conveniently located out your back door. Pick your sport—whether it is cross country skiing, snowshoeing, hunting, fishing, or boating! If ATV or horse riding is your pleasure, you can head out to the 24 miles of private wooded trails from the 2,700 sq. ft. two story Morton barn.

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Suzanne Perkins | 805.859.2138 [email protected] www.suzanneperkins.com

Hacienda Gated EstateCarpinteria, CALIFORNIA

www.2000CravensLane.com

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SOTHEBY'S INTERNATIONAL REALTY Suzanne Perkins | 805.859.2138 | [email protected] | www.suzanneperkins.com

Villa SevillanoCarpinteria, CALIFORNIA

www.3215FoothillRd.com

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Riverfront RetreatMesa County, COLORADO $3,390,000

Old World Tuscan influences will make you think you’re in Italy! 8,474 sq. ft. home features three master bedrooms and a fourth bedroom currently used as an office/library. Six bathrooms, entry with 30 foot ceilings and a four sided fireplace.Walk-out basement, 2 garages, panoramic mountain and valley views on over 4 acres.

Your #1 Source for Country Real Estate1.800.999.1020 Ext. 903 | www.unitedcountry.com/open

Sam Bass Springs RanchBurnet County, TEXAS / $2,436,758

Hill County, 263 acres offers great water features and fantastic views. Beautiful springs, creeks, granite outcroppings, towering bluffs and large live oak trees. Extensive series of natural pools and a waterfall. Located about one hour from Austin.

Riverfront Timber LandLaurens County, SOUTH CAROLINA / $2,167,000

South Carolina, 940+ acres located on the Enoree River. Excellent road frontage and also borders Sumter National Forest. Timber is a mix of planted loblolly pines and natural hardwoods ranging in age from 2 to 31 years of age. Great hunting for white tail deer, turkey and waterfowl.

It’s All In The WaterSiskiyou County, CALIFORNIA

$2,475,000

This 752 acre California cattle ranch has it’s own self contained sump water system, pivots and wheel line system. Main home has 4 bedrooms and 2 ! baths. Willow Creek runs through and it currently has pheasant club permits in place. Incredible Mt. Shasta views.

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1,193 Acre RanchKlamath County, OREGON

$1,390,000

This ranch has run 200 mother cows and also sold hay. 400 acres of timber, lake frontage with riparian grazing rights, 240 acres of irrigated farm land and 92 acres of irrigated pasture. 485 acres of day farm land. 3 bedroom, 2 bath historic, remodeled home. This is a very scenic and productive Oregon ranch.

Private Michigan EstateKalamazoo County, MICHIGAN $1,970,000

Located on 348 acres with a 5,000+ square foot home featuring 4 bedrooms, 4 ! baths, Great room with massive fireplace, gourmet kitchen, library with fireplace and beautiful master suite. two story Kentucky horse barn, two garages. Private ponds, greenhouse, trails through the woods, hunting blinds and much more.

Year Round FunDeer Lodge County, MONTANA

$705,000

Located in western Montana. 56 acres with 4 bedroom, 3 ! bath, 2 story log home originally a stagecoach station. 3,800 sq. ft. garage/workshop, 2 story barn, corrals, live water and much more. Lots of elk, deer, big horn sheep and moose.

UNITED COUNTRY 1.800.999.1020 Ext. 903 | www.unitedcountry.com/open

Awesome Cedar Log HomeHowell County, MISSOURI / $799,900

On 155 Missouri acres. 3 bedrooms, 2 ! baths, open beam ceilings, massive stone fireplace tied into the duct work, formal dining room. Second floor master suite with sliders opening to a private balcony. Acreage is fenced and cross-fenced and about half in grass. Three barns and other buildings. Owner would divide.

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[email protected] | IKnowRanches.com | 979.921.9470

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DEITRA ROBERTSON REAL ESTATE [email protected] | IKnowRanches.com | 979.921.9470

Windy Hill RanchMadisonville, TEXAS / $12,000,000

Have you thought about owning a ranch that was an easy drive from your Houston home? A place where you could go with your family and enjoy the “quiet” and actually see the stars at night. Have those cattle you’ve always wanted, count the new calves as they are born, help with the spring branding—A place you can ride your horses for hours over beautiful pastures, through creeks and old stands of trees, or, train in a covered arena facility that is so nice you can have horse events there if you choose.

Then there is the hunting and fishing to enjoy on this almost 3,000 acres. Fish in the many stocked ponds and lakes and enjoy your own white tail deer population during hunting season.

Windy Hill Ranch offers you all of this. An easy drive from Houston to Madisonville, the access to Windy Hill is all paved highway and farm to market roads. If you love horses and love to ride there will be no finer place than here. The covered arena facility has a 275 ‘ x 125 ‘ arena, office space, apartments, 16 stalls, holding pens for cattle-it is the finest facility in this part of Texas. There is a separate 10 stall center aisle barn with runs, numerous turn out areas, lighted cutting pen, walker and much more.

The cattle facilities are the top of the line with hydraulic trim tilt squeeze chute and 10,000# Tru-Test scales. The improved pastures allow you to run a cow/calf or stocker operation. There are four large hay storage barns to house the hay that is grown on the ranch.

At the end of the day when that good kind of “tiredness” starts to take over, kick back on the porch or by the pool of the comfortable brick home that sits on the hilltop and appreciate the lifestyle!

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Lezica 3036 Buenos Aires, Argentina, 1642 305.722.5196 | Office +54.11 4311.9657 [email protected] | www.cadetierras.com.ar

Bahía MalaXIth Region, Chilean Patagonia, CHILE

Bahía Mala is located on the shore of the Pacific Ocean, 80 miles to the south of the city of Chaitén. In the 1,500 acres of Bahía Mala, all geographical features are mixed: the endless ocean; more than three miles of beach with dunes; uninhabited islands; the virgin Arrayanes forest and the exuberant Valdiviana forest, waterfalls and salt water lakes. All highlighted by the huge, thousand-year-old ice masses from the glacier of Melimoyú Volcano. The river, which cuts through the countryside, is teeming with Rainbow and Brown trout and Salmons. The beautiful main house was built on the shore, with a stunning view of the bay.

Its marine fauna is infinite: albatross, pelicans, dolphins, orcas, penguins and sea lions. There is also abundance of fish, shellfish and sub-aquatic flora. Several species of trout and salmon are found in the river which cuts through the countryside.

CordeuTierra del Fuego Island, Tolhuin, ARGENTINA

The 12,376 deeded acres are located at the centre of Tierra del Fuego Island, Argentina, close to the town of Tolhuin, and Lake Fagnano. Approximately 55 miles to Ushuaia City International Airport. This ranch is one of the few properties on sale in the island, with cattle breeding, (stocking capacity of 1,000 adult heads) sheep operations, and timber capabilities. Besides productive terms, Cordeu has five plus miles of both shores of Rio San Pablo that traverses the property, and four lagoons and ponds with abundant fising—mainly trout. Flora and fauna are various and plenty.

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COMPAÑÍA ARGENTINA DE TIERRAS 305.722.5196 | Office +54.11 4311.9657 | [email protected] | www.cadetierras.com.ar

Awesome Residence In Bariloche

Bariloche, ARGENTINA

Wonderful 6,500 square feet house built on a 0.5 acre lot. The house is for sale with all the furniture and decorations. This is an outstanding place for vacationing all year round. This excellent property is located in the Valley Escondido, 11 miles from the city of Bariloche and 20 miles from the Bariloche International Airport. The lot (0.51 acres) descends to the Nahuel Huapi Lake and faces the San Pedro Peninsula. Within a very short distance there are two magnificent golf courses and the winter sports center of Cerro Catedral. The area is know for its fabulous trout fishing and red stag hunting.

Ask about other properties in different places.

Compañia Argentina de Tierras, CAT, is a Consulting and Rural Real Estate firm whose staff members have been in the market for more than 33 years, closing deals in Argentina, Uruguay, Paraguay and Bolivia.

We are the first and still unique Rural Real Estate firm, in the region, that has certified its quality management procedures, with DNV of Norway, ISO 9001 – 2008.

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It is safe to say that few Americans are looking forward with anticipation to the coming Presidential election season. If 2012 copies 2011, the contest will be expensive, extended, controversial and down-right nasty. Most people wish they had a magical TV clicker and could fast forward to November 7, 2012, the day after the election, right now.

No such providential solution is possible, however. We all are pre-destined to endure a savage political contest certain to be as nasty as any this country ever has endured, and this country has endured a number of epic presidential contests lacking in civil discourse and reasoned discussion of major issues of vital national importance. So far it appears 2012 will rival the worst of its predecessors in nastiness and lack of logical debate.

Political paralysis in Washington, D.C. in the year leading up to any presidential election, here 2012, happens each time without fail. In the present circumstances, almost uniquely, there already has been one year of political paralysis, 2011. The Executive and Legislative fracas known as the budget reconciliation and reduction exercise has been such a failure as to tarnish everyone, Republicans and Democrats alike, involved in any major way. As a result, the pre-election governmental paralysis already is well under way. Rarely has the legislative process been as deadlocked as it is now. Whichever party gains ascendancy next November, the proverbial light at the end of the tunnel is faint at best and far, far away distance-wise.

The environment itself finds itself firmly ensconced in this potentially lethal quicksand. Twenty or thirty other policy areas, domestic and international, are equally as dysfunctional, but the Environment will serve readily as a poster child for politically induced dysfunction now gripping our entire nation. Let us take five such major examples; global warming; fossil fuels; alternative energy solutions; nuclear power; and water-related challenges.

When the definitive political history of the environment finally is written, 2011 will be cited as the year in which the solid phalanx of Democratic Party support for rigid regulation of this planet’s natural resources finally shattered. Why? Democrats in both houses looked at the polls and abandoned Obama in droves, especially on environmental issues. The White House heard loud and clear. Its response was to undercut its favorite enforcement tool, the Environmental Protection Agency, especially as to its corporate whipping tool, strict smog regulations. “Not until after the election” was the message that alarmed the EPA and Obama’s liberal, ideological base. For now, at least, Carbon Emission Targets were to be shown a seat at the back of the room.

Immediately after upsetting his followers, Obama as often was his wont, scurried back to the center on the question of shale oil. Years of negotiations with Canada to establish a pipeline from its north through central United

By Frank Parker

THE ENVIRONMENT & THE 2012 ELECTION

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States to the Gulf of Mexico finally was ready to be signed. When added to recent discoveries of huge domestic crude oil deposits in the Dakotas, the outlooks for domestic oil production never have appeared rosier. Then, out of the blue, Obama listened to his smog decision enraged liberal supporters and refused to sign the treaty with Canada, observing archly that it needed more study, say until 2013. Canada shrugged and immediately opened negotiations with China. Our loss!

With the oil supply question so clouded and the European economies and the Middle East political situation becoming more ominous day by day, it would seem, searches for acceptable domestic energy solutions intensified and narrowed. The three leading alternatives at present are wind, solar and natural gas “fracking”. Each has been acclaimed as a potential saviour. Nevertheless at least up until now, each one has displayed big feet of clay. Regulators are placing substantial roadblocks to the use of wind turbines offshore, especially in Nantucket Sound. China, India and Western Europe are undercutting costs, crippling US solar production. The emerging Solyndra scandal involving many Obama supporters will freeze US government R&D as to solar. Finally, the debate surrounding the safety of the "fracking" method of natural gas production remains—especially as to methane content affecting drinking water supplies.

Slowly but certainly, Fukushima is taking its place alongside Chernobyl as the twin spin of overwhelming nuclear disaster since Hiroshima–Nagasaki almost seventy years ago now. The immediate American self-interested corporate reaction to Fukushima that “it was no big deal” and any American alarmists warning about severe NIMBY effects in the U.S. were playing “the little boy who cried wolf” for their own purposes has

been proven totally wrong. The German plan to end nuclear power usage over the next decade and the move toward the same in France speak to the opposite, as do the summer tornados, wildfires and earthquakes, including symbolically $25 million or so earthquake-related damage to the National Cathedral in Washington D.C., speak to the opposite. In late November 2011, still another 5.9 on the Richter scale earthquake was registered in the Fukushima area, this time without further damage.

When we consider that more than 300 million people drink water in this country every day, it is remarkable how far we have come so far in the 163 years since the first drinking water conduit was placed underground in Boston, Massachusetts by its Water Department in 1848. Emphasis upon "so far!" Our supply is not limitless and our delivery systems are ancient for the most part. Supply and cost are becoming increasingly serious problems in large parts of the U.S. Droughts, floods, earthquakes, firestorms, oil spills and the like appear to be on the increase, at least for the moment. All this potentially could elevate water supply and cost to heights as worrisome as currently apply concerning oil. In addition there is a nascent movement among conservationist to ban fluoride in drinking water. Finally and most depressingly, China is showing signs of making progress in desalinization, still one more area of technical progress where the United States used to be the world technological leader. Here, as much as anywhere, is the result when successive administrations have not enacted a comprehensive energy policy. Every which way 2012 is certain to be a rough, rough year.

Frank J. Parker is a Professor of Real Estate Development in the Carroll School of Management (MBA) at Boston College in Chestnut Hill, MA. [email protected]

The environment itself !nds itself !rmly ensconced in this potentially lethal quicksand. Twenty or thirty other policy

areas, domestic and international, are equally as dysfunctional, but the Environment will serve readily as a poster child...

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Atlantic Advisory GroupPROP E R T Y C O N S U L T I N G S P E C I A L I S T S

Advisors to Owners, Brokers, Lawyers, and CPAs

Contact 617.325.0652 or by email at [email protected]

Advisory Services! acquisitions and dispositions! repositioning major real estate assets! schools! churches! hospitals! libraries! high-tech facilities! university office parks

Real Estate Researchand Strategic Analysis! financing! environmental impact! zoning! optimal usage priorities! low-income housing!wind farm placement! health care realty

Government Consulting! sales to public entities! purchases from public entities! conservation easements! stimulus package subsidies! Sarbanes-Oxley reporting!military base redevelopment

Outdoor Consulting! forestry properties!waterfront properties! resort properties! fishing and hunting camps! golf course tree subsidies! celebrity guide registry

110526 GB Atlantic Advisory 9.25x11.12:Layout 1 5/26/11 3:30 PM Page 1

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Visit www.nchacutting.com. Everything you need to know about the NCHA and its activities is here in one convenient location. Available online 24/7 around the world.

Join the National Cutting Horse Association Facebook community. Connect daily and join the conversation with thousands of fans who love Cutting Horses, living the western lifestyle, and the sport of Cutting. We post frequent updates at our page and you can even receive them direct to your mobile phone if you like.

Ride “Lannie Ashley’s Mechanical Cutting Horse and Cow.” This ride is big fun for everyone. It simulates the thrill of riding a Cutting Horse in competition.

Enter “Cutting Horses” on YouTube. You’ll instantly access thousands of clips watched thousands of times by passionate Cutting Horse enthusiasts.

Attend the Finals of a “World Series of Cutting” event. Legendary horses and top Open and Non-Pro riders chase big purses in major venues across North America. You’ll see rising stars and superstars competing in an exciting environment riding hard to mark their place in history!

Go see a Cutting Horse trainer. Chances are there’s a qualified professional Cutting Horse trainer in your area—a helpful teacher and guide with a place to practice. Go see the facility, ask questions, and take a test ride. It’s guaranteed to put a huge smile on your face. Find one at “Trainers” at www.nchacutting.com.

Watch NCHA’s “Rode to the Winners Circle” on RFD-TV. Weekly show hosted by NCHA Riders’ Hall of Fame member Craig Morris. Covers Limited Aged events and week-end shows. Includes standings, member features, showing and judging tips, equine nutrition, and more.

Read www.sallyharrison.com. The NCHA’s official blog receives more than a million page views/month. Keeps followers current with breaking news, results and unique stats. Offers profiles on the people, places and horses worthy of attention.

Visit www.nchatv.com. Watch our weekly “Two-and-a-half minute news show” for a quick recap of the sport’s biggest news. You can also watch clips of winning runs at top NCHA competitions including personal interviews with the riders. Content here also includes special features plus spotlights on NCHA sponsors.

Spend a weekend in Fort Worth in December. Watch the NCHA World Championship Futurity, complete your holiday shopping at the NCHA Best of the West Premier Gift Show, attend the Western Bloodstock Cutting Horse sales and take in the NCHA World Finals.

Become an NCHA MemberJoin NCHA at www.joinncha.com and begin enjoying all the benefits of an individual annual membership for only $60.

The sport of Cutting is enjoying rapid growth around the globe. This exciting contest of horse against cow replicates the work of American cowboys on ranches dating back to the 1800’s. Here are ten ways to learn about NCHA and get totally hooked on Cutting:

National Cutting Horse Association

TO GET HOOKED ON THE SPORT OF CUTTINGTO GET HOOKED ON THE SPORT OF CUTTING

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94 | OPEN FENCES Volume 2 Number 4

When selling a property, there are 4 traditional ways to receive the proceeds. They are to cash out, a 1031 exchange, owner financing and an installment sale. Each may have its appropriate situation but all 4 options have potential pitfalls. For example, when cashing out on a property, taxes must be paid almost immediately. Those taxes can include the capital gains tax, state taxes where applicable and the possibility of depreciation recapture. In addition, showing a large capital gain might trigger the alternative minimum tax on a federal return and with the growing desperation of government at all levels to find ways to increase taxation, there could be other kinds of taxation down the road. Taxes could remove anywhere from roughly 15% to 30-35% of the proceeds and reduce the opportunity to generate a nice return on the hard work and sacrifices made to create those proceeds. A 1031 exchange is another option when selling property but there are pitfalls in an exchange as well. An appropriate replacement property may not be identified in 45 days or a loan may not be approved which would cause the exchange to fail. If that occurs, the failed exchange becomes immediately taxable and the seller now has the problems mentioned above when cashing out. Another option when selling a property is to participate in owner financing. Owner financing provides an income stream for the seller for a predetermined number of years. However, at some point, the buyer may decide to pay off the property earlier and that may create the loss of the future cash flow as well as a taxable event sooner than the seller had planned. An installment sale also provides pitfalls because the new owner may have a change in circumstances

during the installment period and may decide/be forced to give back the property. Then the seller has to start the selling process again to resell the property and it may be necessary to make costly improvements to the returned property.

As we all know, recent health care legislation has mandated the hiring of 16,000 new IRS agents. When one of those agents comes knocking on your door, it will not be to take you to lunch. It will be to take you to the cleaners so it is incumbent upon each of us to take whatever actions we can to protect our assets from erosion caused by taxation at various levels of government. All 4 of the selling options can result in immediate taxation but there is a 5th option that may be the answer to deferring taxation on a long term basis without being caught in the quicksand of the Internal Revenue Code. Once you’re caught in the quicksand, you’re not getting out. Unless your name is Frank Wallingham and you’re following The Hallelujah Trail. That 5th option is the Deferred Sales Trust.

The Deferred Sales Trust (DST) is a great opportunity that can enhance all of the options a seller has to receive proceeds. The DST is a legal entity that allows the seller to defer capital gains and other taxation on the sale of highly appreciated real estate for as long as the seller would like. Basically, the DST is an installment sale contract with an intermediary with the additional feature of freeing up funds for the benefit of the client and all investments in the trust are client driven. Real estate properties can include land, ranches, farms, investment

By David Fisher

Don’t Cash Out When Selling Your Property. There May Be A Better Option.

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properties, commercial properties, a primary residence or a vacation home. Crops, livestock, timber or a business can also be sold in the trust. Here is how the DST can elevate the other 4 options when the owner sells his property.

First, instead of cashing out and paying 15%-30% immediately in taxes, defer those taxes by using the DST. The proceeds can still be invested within the trust in the same manner that the seller would have invested outside the trust. However because the taxes are deferred, the seller is able to leverage the entire amount of proceeds to provide a larger cash flow from the trust. For example, $1,000,000 of proceeds in the trust invested @ 6% generates a $60,000 a year in taxable income. After tax proceeds of $800,000 invested outside the trust invested @ 6% generates $48,000 a year in taxable income. Why wouldn’t someone want to invest using the trust rather than cashing out?

The next option is a 1031 and as many are painfully aware, not all exchanges are completed for some of the reasons given above and that causes an immediate taxable event. A top notch qualified intermediary can provide the proper wording to the client that will allow the QI to send proceeds to the DST should for whatever reason, the exchange cannot be completed. Thus, the DST provides a Plan B and since the seller does not have constructive receipt of the proceeds, they are not immediately taxable. But it gets better. The seller still has the opportunity to buy more real estate. Because there is no longer an exchange, the seller no longer has to jump through the IRC 1031 regulations and can now buy whatever property he would like whenever he likes. But it could get even better. When looking for financing, the proceeds in the trust might be used as collateral rather than the new property which might encourage the lender to give you a better interest rate. So, let’s assume that the trust generates a 6% return and the interest rate on the loan is 4%. The income from the trust should be more than enough to service the debt service on the new property AND the trust owner still receives 2% from the trust. Everyone wins except for our favorite Uncle…Sam.

As far as owner financing and an installment sale is concerned, the DST solves the concerns associated with both and is probably a better alternative in almost every case. The only time that a DST probably would not work with an installment sale or owner financing is if the buyer doesn’t have the ability to buy the property outright.

The late Winston Churchill once said “I like pigs. Dogs look up to us. Cats look down at us. Pigs treat us as equals.” That has nothing to do with a deferred sales trust. I just happen to like the quote but his next quote does. He said “To build may have to be the slow and laborious task of years. To destroy can be the thoughtless act of a single day.” There are numerous opportunities to use a Deferred Sales Trust to enhance a property owner’s circumstances and avoid that thoughtless destructive act of not deferring certain taxes when possible.

Consider this. A couple has owned a property for a number of years and would now like to sell their property and move several hundred miles to be close to the grandkids. In this case a 1031 is not appropriate and to make matters worse, their CPA has determined that there will be $500,000 in taxes which is giving the couple second thoughts. Enter the DST. The DST allows the sale to be made, proceeds to forwarded to the trust, no constructive receipt to the couple, all capital gains, state taxes and depreciation recapture deferred to a later date, investments made

inside the trust to generate a larger income flow AND the couple can now make the move to be close to the grandkids and take revenge on their kids by spoiling the grandkids endlessly. In another example, if you want to consider a 1031 exchange but are concerned about finding a replacement property, the DST can provide a Plan B and remove the problem of jumping through all of the IRS obstacles in having a successful exchange.

Another problem created by the past downturn in the real estate market is that many property owners now find themselves owning a property with high debt and little basis. Consider the example of a property with a $5 million offer to the owner but with a debt of $4 million and little basis in the property. The owner would like to sell but in doing so, all the proceeds from the sale would go to eliminating the $4 million in debt, paying $1 million in taxes and that doesn’t include realtor commissions and any other applicable fees. The DST can be introduced into the situation and by doing so, can allow the property owner to sell the property, defer taxes and maintain a much more favorable financial situation for himself and his family.

There are countless other opportunities afforded by the use of the Deferred Sales Trust but consider this one final thought. There is a wonderful trait found in most successful landowners and that is their desire to give back. This giving quite often will include the gift of land in a will. In many cases such as a land trust or nonprofit dealing with land, the gift of land will stay intact when the organization receives the gift. However in many cases, once the gift of land is received by the nonprofit, it will be sold for

cash. Consider the advantage of using the DST in a charitable situation where property will be given in a will where the property is going to be sold immediately. If I said the following, would you be interested. “Mr. Client, if I can show you how both you and the charity will be better off if you sell the property now rather than waiting until you die to give the property to charity would you be interested in discussing the idea?” The DST creates a win-win for everyone and not only will the gift be larger because the charity will usually discount the property value for a quick sale when received from the will but you will also be able to guarantee the value gift regardless of what the future economy brings.

A famous Hollywood actor once said, “I’m proud to be paying taxes in the United States. The only thing is-I could be just as proud for half the money.” All he had to do was call me.

David Fisher is a partner with Creative Real Estate Strategies, a national real estate consulting firm with strategic partners all over the country. Creative Real Estate Strategies works with real estate owners, land brokers, lenders, Qis, CPAs and attorneys. David can be reached at: 713-702-6401, [email protected], www.cresknowsrealestate.com

The income from the trust should be more than enough to service the debt service on the new property and the trust owner still receives 2% from the trust. Everyone wins except for our favorite Uncle…Sam.

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AUCTION

Nueces  Lake  Ranch  &  Resort                 Carrizo  Springs,  TX                 $3,700,000

Tehuacana  Ranch                               Yancey,  TX                           $1,400,000

I-­35  Frontage                                     Moore,  TX                               $500,000

Buckhorn  Ranch                               Hope,  NM                             $700,000

Fredericksburg  Event  Center                 Fredericksburg,  TX                   $1,800,000

Tularosa  Farm  &  Equine  Facility             Tularosa,  NM                           $1,100,000

TTerrell  Castle  Bed  &  Breakfast               San  Antonio,  TX                     $700,000

Rockhouse  Springs  Ranch                   Haystack,  NM                         $1,850,000

Riverview  Ranch                               Dexter,  NM                           $650,000

The  Manor  at  Falling  Water                   Comfort,  TX                           $700,000

SOLD!    

SOLD!    

SOLD!    

SOLD!    

SOLD!    

SOLD!    

SOLD!    

SOLD!    

SOLD!    

SOLD!    

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