Hot Springs County, Wyoming

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1 Hot Springs County, Wyoming Located just 5 miles northwest of the quaint little town of Thermopolis, the Painted Hills Ranch offers private country living with scenic views of the surrounding red hill country as well as 5,100± acres of productive pastureland. 58 E. Benteen Street Buffalo, WY Ph Toll Free Fax info@pearsonrealestate.com Website:

2 Location The Painted Hills Ranch is located five miles northwest of Thermopolis (county seat) in Hot Springs County, Wyoming, off State Route 120. Size 2,380.0± Acres Deeded 1,945.0± Acres BLM 621.7± Acres State Lease 153.0± Acres Private Lease 5,099.7± Acres Total Distances from Ranch to Thermopolis 5 miles Cody 80 miles Riverton 60 miles Lander 84 miles Jackson 223 miles Executive Summary Located approximately 5 miles northwest of Thermopolis, the Painted Hills Ranch is accessed via State Route 120 to exit at mile marker 550. The property lies at the gateway to Cody, Riverton, Lander and Jackson. The property lies east of Cedar Ridge, a scenic red hills formation. Owl Creek bisects the main BLM grazing lands from the deeded lands. Comprised of 5,099.7 acres total, the ranch is owner-rated at 110 to 125 mother cows plus replacements. Approximately 120 acres, including 65 acres of State land, are flood irrigated meadows. Owl Creek, two wells and approximately 6 miles of buried water lines provide good water sources for both livestock and wildlife. The southeastern tip of the ranch adjoins the Town of Thermopolis and the Thermopolis Legion Golf Course. Thermopolis offers typical town amenities including two grocery stores, restaurants, a school system (K-12) and medical facilities. Thermopolis is home to Hot Springs State Park, which is well-known for its natural therapeutic hot springs. The park has a free bath house where the water is maintained at 104 degrees for therapeutic bathing. Considered a full-service park with comfort stations, swimming pools, hiking trails, fishing, and a boat ramp the park is also home to a small herd of bison. Page 2 For more information, contact us at (307) or info@pearsonrealestate.com

3 Description of the Ranch The Painted Hills Ranch is comprised of four pastures and irrigated meadows. Owl Creek flows from west to east and is the source of irrigation water and stock water. The ranch lies east of the highway and is accessed off a two-lane surfaced highway. There is a private all-weather graveled road leading to the headquarters, which includes a mobile home, a large metal shop, a historic homestead, an older set of working corrals, and a calving shed. The ranch has territorial water rights and 1903 water rights from Owl Creek. Soils are primarily loam in the Haverdad Loam Formation. The BLM allotment is comprised of approximately 1,945 acres rated at 268 AUMs. The major portion of these grazing lands are located north of Owl Creek. View to south the town of Thermopolis and Flat Top mountain in background. The State land is comprised of acres rated at 257 AUMs; its southern boundary runs along Owl Creek. There is a 153-acre private lease (see map). Stock water is pumped from a well at headquarters into 11 watering tanks that are strategically placed throughout the property. The average annual precipitation is 10 to 12 according to the NRCS. The average frost-free period is days. The elevation on the ranch ranges from 4,580 to 4,900 above sea level. Owl Creek as it flows through the northern portion of the deeded land. Two water storage tanks that provide water to and are owned by the Town of Thermopolis, are located in the southwest corner of the ranch. The ranch has been allotted 10 taps off of these tanks with a fee of $450 per tap, the same as within the city limits. Wildlife found on the ranch and in the surrounding areas includes mule deer, whitetail deer, antelope, pheasants and chukars. Landowner hunting permits are available. The property is located in Mule Deer Hunt Area 127 and Antelope Hunt Area 83. The northern portion of the ranch has direct access to public lands. View to BLM lease land. Page 3 Reser-

4 Improvements Improvements on the ranch include a 2011 mobile home (16 x 76 ) on a concrete pad, a 3,200 sq. ft. metal shop (40 x 80 x 12 ) built in 1995 with electrical power, a historic homestead, an older set of working corrals and a calving shed. Page 4 For more information, contact us at (307) or info@pearsonrealestate.com

5 Painted Hills Ranch 2,380.0± Acres Deeded 1,945.0± Acres BLM 621.7± Acres State Lease 153.0± Acres Private Lease 5,099.7± Acres Total Private Lease Offering Details The Painted Hills Ranch is being offered for $2,150,000. (Two Million One Hundred Fifty Thousand Dollars) Seller shall require an all cash sale. The Seller reserves the right to effectuate a tax-deferred real estate exchange pursuant to Section 1031 of the Internal Revenue Code and the Treasury Regulations promulgated thereunder. The Buyer shall agree to cooperate and shall not incur any additional liability or expense in connection with Seller s tax-deferred exchange Real Estate Taxes: $2, Mineral Rights: Seller is willing to negotiate on all presently owned mineral rights, if any. Page 5

6 Private Lease Legend Entire Property Deeded Bureau of Land Management State of Wyoming Highway County Road Painted Hills Ranch 2,380.0± Acres Deeded 1,945.0± Acres BLM 621.7± Acres State Lease 153.0± Acres Private Lease 5,099.7± Acres Total Page 6 For more information, contact us at (307) or info@pearsonrealestate.com

7 The State of Wyoming offers an incredible diversity of activities, geography, climate, and history. The Wyoming Territory was established in 1868 and Wyoming became the 44th state in The state is the tenth largest by area, but it is one of the least densely populated. The topography consists of the High Plains in the east and mountain ranges of the Rocky Mountains in the western two thirds. Wyoming s economy is primarily driven by the energy industry, agriculture and tourism. Wyoming provides a variety of opportunities and advantages for persons wishing to establish residency. There is no state income tax and Wyoming offers an extremely favorable tax climate including: No personal income tax No corporate income tax No gross receipts tax No inventory tax Low retail sales tax Low property tax Favorable inheritance tax Favorable unemployment tax HOT SPRINGS STATE PARK Over colorful terraces along the Big Horn River at Thermopolis flows water from mineral hot springs. More than 8,000 gallons flow over the terrace every 24 hours at a constant temperature of 128 degrees Fahrenheit. It is a full -service park with comfort stations, a volksmarch trail, fishing, and a boat ramp. The Hot Springs State Park bison herd is the central herd for the Wyoming State Parks. During the late fall and winter months, the park bison are fed a daily supplement to insure good health. This feeding usually occurs at 8:30 a.m., giving the off-season visitor the unique opportunity to view the "Monarch of the Plains," up close. The suspension foot bridge across the Bighorn River is commonly called "The Swinging Bridge." The bridge offers a unique vantage point from which to view the Bighorn River and mineral terrace. Area Attractions Hot Springs State Park has long been known for its beautiful summer flower gardens. The Wyoming Center Dinosaur Center in Thermopolis offers a 12,000-square-foot museum with exhibits, a preparation lab with visitor viewing and more than 30 mounted dinosaur skeletons. In late spring through early fall, you can make reservations to do a "Dig for A Day Program" where you join a team of paleontologists unearthing fossils. This fun activity caters to healthy fit participants of all ages from young children to active people 65 and over. The Big Horn River, which flows through the Canyon, offers outstanding blue ribbon trout fishing. Additional information may be found at the Wind River Canyon Scenic Byway offers 34 miles of fascinating Wyoming geology, history, and recreation. 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. 3 of 11 stock watering tanks. Meadows Cedar Ridge in background. 58 E. Benteen Street Buffalo, WY Ph Toll Free Fax info@pearsonrealestate.com Website: