The Lake Creek Ranch. Located in the foothills of the Owl Creek Mountains in western Hot Springs County, Wyoming

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1 The Lake Creek Ranch Located in the foothills of the Owl Creek Mountains in western Hot Springs County, Wyoming Experienced Professional Ranch Brokers Specializing in the sale of ranches, farms, & recreational properties. 58 E. Benteen Street Buffalo, WY Ph Toll Free Fax Website:

2 Location The Lake Creek Ranch is located approximately 35 miles northwest of Thermopolis, Wyoming, in western Hot Springs County. The property is accessed by turning west onto the Owl Creek Road (State Hwy 170 & CR 1), about 8.25 miles north of Thermopolis, and proceeding westerly on the Owl Creek Road for approximately 26.5 miles to the intersection with the Eagle Nest Road (CR 20). The road to the property then turns northwesterly onto the Eagle Nest Road for a little over one mile until it intersects with an improved two-track road called Upper Cottonwood Road. Access to the property is gained through a private road easement on the Upper Cottonwood Road through the Martinez Ranch. Size 2,729± Acres Deeded 3,621± Acres BLM Lease 6,350± Acres Total The Lake Creek Ranch is a vacant, high-country, seasonal grazing ranch in the foothills of the Owl Creek Mountains. Page 2 For more information, contact us at (307) or info@pearsonrealestate.com

3 Description of Property The Lake Creek Ranch is comprised of three separate secluded parcels (Lake Creek, Spring Creek and Cottonwood Creek) that provide livestock grazing as well as wildlife habitat. Together the parcels total 2,729± acres of deeded lands, which are surrounded by 3,621 +/- acres of BLM lands. Located in the foothills of the Owl Creek Mountains at elevations ranging from 6,350 to 7,550, the topography of the property varies from sharply sloped hills and ridges (which dominate the western parts of the property) to flatter ridges, shallow valleys, and large open areas in the eastern portion. The entire property is bisected by numerous draws and drainages. Lake Creek is a small year around stream which flows through the northwestern part of the property, forming a steep narrow valley which eventually intersects with Cottonwood Creek on the northern boundary of the property. Cottonwood Creek is a wider and larger stream, featuring large stands of deciduous trees, that flows southeast through the northernmost parcel of the ranch and forms a wide sheltered valley with year around live water. Stock water is provided by Cottonwood Creek and Lake Creek, several reservoirs, and numerous flowing springs. The BLM Lake Creek Allotment #00607 (Permit # ) is contiguous to and interspersed with the deeded lands. The BLM rates the property to support 546 active AUM s on BLM and 630 AUM s on the private portion. The BLM permit allows 160 cattle animal units to be grazed on the allotment from June 10th to June 30th, and 160 cattle animal units to be grazed on the allotment from July 1 to January 2 of each grazing season. There are no useable building on the parcels. Improvements are limited to a holding pen and corrals, which are located near a year-around spring. Interior fencing on the property is minimal. The boundary fences are built approximately on the same line as the boundary of the BLM Allotment. River bottom provides livestock cover and wildlife habitat. The topography of the ranch varies from creek bottoms and rolling grassy hills to steep canyons and cliffs with most of it being rolling grassland. Page 3

4 Page 4 For more information, contact us at (307) or info@pearsonrealestate.com

5 Wildlife is abundant on the property, especially elk and mule deer. The Lake Creek Ranch provides outstanding wildlife habitat. The more rugged foothill country along with the Lake Creek and Cottonwood Creek drainages are the perfect setting for elk and mule deer. Antelope, bear, mountain lion, raptors and sage grouse may also be found on the property. The current owners of Lake Creek Ranch have qualified in the past for landowner licenses for elk, deer and antelope. The local game warden makes the determination as to what species the landowner and property qualify for. The Wyoming Game and Fish Department website shows the following information regarding landowner licenses: Individuals who qualify for landowner elk, deer, antelope or wild turkey licenses must apply within the application period to the game warden in the area where subject lands are located. Landowner applications can be obtained at the Wyoming Game and Fish Department headquarters office in Cheyenne, or at Department regional offices, or on their website at: Landowners are allowed to apply for one reduced price landowner license per big game species in addition to one full price landowner license. Minimum requirements are 160 acres of deeded land and 2,000 animal use days annually by each species for which applied. Nonresident landowners should contact the local game warden to determine eligibility well before January 20 for elk and March 15 for deer and antelope. Resident landowners should contact the local game warden well before May 15. The Lake Creek Ranch is located within the following hunt areas: Elk Hunt Area 64, Deer Area 119, Antelope Area 83, Moose Area 9, Big Horn Sheep Area 5, and Turkey Area 4. Page 5

6 The Lake Creek Ranch is a vacant, highcountry, seasonal grazing ranch in the foothills of the Owl Creek Mountains. The more rugged foothill country along with the Lake Creek and Cottonwood Creek drainages are the perfect setting for elk and mule deer. The bottom land along Cottonwood Creek features large stands of deciduous trees and forms a wide sheltered valley with year around live water. Page 6 For more information, contact us at (307) or info@pearsonrealestate.com

7 Size 2,729± Acres Deeded 3,621± Acres BLM Lease 6,350± Acres Total Offering Details The Lake Creek Ranch is being offered for $2,500,000 (Two Million Five Hundred Thousand Dollars) The seller shall require an all cash sale Real Estate Taxes: $ Page 7

8 Important Information for Prospective Buyers: Seller's Notice to Potential Purchasers: Fences vs. Boundary Lines: The fence lines on the subject property may or may not represent the actual boundary lines of the property. It is the Seller's intention that where fences deviate from the actual boundary lines, such fences are fences of convenience, only, and not the actual boundary lines. Seller is selling the property in as is, where is condition, which includes the location of the fences. Notice to Buyers: Wyoming Real Estate License Law requires that the listing Broker and all licensees with the listing Broker make a full disclosure, in all real estate transactions, of whom they are agents and represent in that transaction. All prospective buyers must read, review and sign a Real Estate Brokerage Disclosure form prior to any showings. Pearson Real Estate Co., Inc. with its sales staff is an agent of the seller in this listing. This information and any other information contained in this Exclusive Listing Agreement has been obtained from sources deemed to be reliable by Pearson Real Estate Co., Inc.; however the accuracy of this information is not guaranteed or warranted by either Pearson Real Estate Co., Inc. or the sellers. Prospective buyers are expected to conduct their own independent investigation of the information contained herein. Updates and corrections may be made to this brochure as needed. All maps are provided as visual aids only. The accuracy of the maps is not guaranteed and the maps should not be relied upon for legal purposes. All statements of acreage are approximate and are based on the legal description, not the location of the fences. This offer is subject to prior sale, price change, correction or withdrawal without notice. 58 E. Benteen Street Buffalo, WY Ph Toll Free Fax info@pearsonrealestate.com Website: