Lookout Mountain Ranch

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Lookout Mountain Ranch Daniel, Wyoming John Turner, Broker/Partner LiveWaterProperties.com Toll Free 866.734.6100

LOCATION: The Lookout Mountain Ranch is located 15 miles northwest of Daniel Junction in Sublette County, Wyoming. The county seat of Pinedale is approximately 28 miles to the east and Jackson Hole, Wyoming is just over an hour north. The ranch is accessed from State Highway 189/191 via County Highway 354, which is paved for the first eleven miles then becomes a county-maintained gravel road for the remaining approach. The current owners reside year-round. A modest gravel road is traveled by most vehicles during the majority of the year while a fully enclosed and heated snowcat is used for the final two miles during the winter months. The ranch adjoins the Bridger-Teton National Forest along the eastern slope of the Wyoming Mountain Range, which provides breathtaking views and excellent access to thousands of acres of public lands. 2

LOCATION: (Continued) Pinedale is traditionally known as a ranching community with large livestock operations dominating its rugged landscape of sage-filled ridges and lush grassy valleys. Three mountain ranges encapsulate this valley: the Wyoming Range creating the western border, the Gros Ventre Range to the north and the Wind River Mountain Range to the northeast. The Lookout Mountain Ranch is located at an elevation of 8,200 feet. Recreational opportunities abound in this area with incredible access to public lands and numerous river systems winding through the valley floor. 3

ACREAGE: The Lookout Mountain Ranch is comprised of 703 deeded acres with an additional 160-acre BLM lease contiguous to the property. The ranch consists of open meadows, willow bottoms, timbered pockets and rangeland all in a high alpine setting with large cattle operations and recreational properties adjacent or nearby. There are three separate year-round creeks converging on the property: Dry Beaver Creek, South Beaver Creek and Buck Creek. Adding to this diverse landscape is a 5.25-acre pond, fed by Buck Creek, which is home to many trophy-sized rainbow trout. 4

RANCH OPERATION: Ranch operations include a lease to a neighboring landowner who grazes approximately 500 steers for three months in the summer and early fall, choosing not to hay the irrigated meadows but rather pasture the entire ranch. In addition to the summer cattle operation, the property is used by the Lessee as a staging ground for the cattle. This period is prior to moving them into their summer allotment on Forest grazing permits and upon their return in the fall months before moving to winter pasture. The annual lease payment has averaged $18,000- $20,000. In addition to the cattle operation, the owner has fenced two pastures, totaling 45 acres, for horses. 5

IMPROVEMENTS: A professionally built, fully furnished, 5,400-square foot log home is situated on the south border of the property and hosts unobstructed views of the surrounding mountain ranges. The home consists of six bedrooms and seven baths along with a sauna, office loft, sunroom, breakfast nook and game room. There is also a large, vaulted great room with rock fireplace, full kitchen and walk-in pantry. The basement consists of a workshop, 3-stall garage, fitness room and ample storage. The current owner has constructed a kid s cabin in a nearby aspen grove which is 18 x 13, complete with electricity and a screened-in porch. Near the main home is an additional shop/garage measuring 30 x 50 that is fully insulated and heated by propane. A small but functional tack shed and horse corrals complete the ranch buildings. These features make the Lookout Mountain Ranch a turn-key opportunity for luxury living in the heart of the Rocky Mountains. 6

CONSERVATION EASEMENT: Due to the eco-sensitive nature of the Lookout Mountain Ranch with large open spaces, proximity to National Forest and proximity to Sublette County s sprawling development, this property could provide substantial tax benefits to an incoming owner who places a conservation easement on the property. 7

LIVE WATER: Three streams converge on the Lookout Mountain Ranch, offering good private wade fishing opportunities along cutbanks, numerous beaver ponds, and willow-lined runs for approximately 2.6 miles. These streams are home to Wyoming s native cutthroat trout while a large 5.25-acre pond provides an excellent place to catch large and wellfed stocked fish up to 10 pounds. Other nearby fisheries such as the Green River and the New Fork River offer the accomplished angler ample options at designated public access points. These rivers are similar and noted for their long, smooth dry fly runs, gravel riffles and deep streamer pools which house the larger predatory brown trout. Blizzard caddis and gray drake hatches have become the trademark on the Green and New Fork, while late summer season terrestrial patterns can seduce larger than average fish to rise with reckless abandon. 8

LIVE WATER: (Continued) Wade fishing on these rivers is limited to designated spots adjacent to public lands as a majority of the property surrounding these rivers is privately held. Wyoming access law states that members of the public are not permitted to step foot on the bottom of the riverbed or the banks, nor are they allowed to drop anchor without landowner permission. Because of these laws and the reluctance of private landowners to allow wade-fishermen on their property, many of the stretches on these river systems can only be fished from a drift boat. As a result, the fish are well rested due to the lack of fishing pressure from fishing guides and those unwilling to fish from a boat. 9

WILDLIFE: The Lookout Mountain Ranch has become a sanctuary for wildlife in part to the owner s management and care of the properties resources. Directly adjoining a National Forest with live water and stunning views, the ranch is home to deer, antelope, moose and elk. Sandhill cranes, upland game birds and numerous waterfowl species frequent the ranch to feed in the meadows and creek bottoms. The outdoor enthusiast has direct access to literally hundreds of thousands of acres of National Forest lands out the backdoor with hiking and riding trails accessible year-round. 10

SUMMARY: The Lookout Mountain Ranch is a well-rounded ranch holding many of the attributes often sought by ranch buyers: proximity and access to public lands, diverse landscape with mountain views and live water, located on an operational and well-maintained cattle ranch. This ranch offering is a turn-key operation with a beautifully built home that maximizes views of the ranch lands as well as the mountain ranges that define this breathtaking area of western Wyoming. TAXES: $4,502 for 2015 PRICE: $3,300,000 General Notes: 1) This is an exclusive listing of Live Water Properties LLC; an agent of Live Water Properties must be present to conduct a showing. The owners respectfully request that other agents and/or prospective buyers contact Live Water Properties in advance to schedule a proper showing and do not attempt to tour or trespass the property on their own. Thank you. 2) Offering subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information provided herein is intended as a general guideline and has been provided by sources deemed reliable, but the accuracy of which we cannot guarantee. 3) A detailed package pertaining to the water rights associated with the Lookout Mountain Ranch will be provided upon request. 11

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