North the Laramie River Ranch

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North the Laramie River Ranch Situated along the southwestern hills of the Laramie Mountains and Medicine Bow National Forest in Albany County, Wyoming, this working ranch also offers many year-around recreational opportunities. 58 E. Benteen Street Buffalo, Wyoming 307-684-9556 or 888-684-9557

The North Laramie River Ranch SUBJECT is located 105 miles south of Casper and 83 miles north of Laramie (Albany County Seat; population 27,204) and 45 miles northeast of Rock River. The most direct route to the property is from U.S. Highway 30 on the Fort Fetterman Road (County Road #61), east on Garrett Road (County Road #713). Size 697.34± Irrigated Deeded Acres 5,035.41± Rangeland Deeded Acres 5,732.75± Total Deeded Acres 360.00± Acres Private Lease 4,015.46± Acres BLM Grazing Lease 10,108.16± Acres Total For more information call us at 888-684-9557 or 307-684-9556

Description of the Ranch The elevation on the ranch ranges from 7000 feet to 8100 feet above sea level. According to the Natural Resource Conservation Service 30-year average, the annual precipitation is approximately 18 inches with 85 to 110 frostfree days. The North Laramie River is the main water source to the ranch, flowing south from Toltec Reservoir. Negro Creek and Twenty-two Mile Creek flow into the North Laramie River. Toltec Reservoir, built in 1984, provides good supplemental irrigation water to the hay meadows. The ranch holds 40% of the Toltec Reservoir shares and is assessed an annual fee of $10 per acre-foot for water storage by the Toltec Watershed Improvement District. Toltec Reservoir covers 395 surface acres with storage capacity for 3,944 acre feet; 2,352 acre feet for irrigation. A copy of the ranch s water rights is available to prospective buyers. The North Laramie River flows south & east through the ranch. A 7-mile gravity-fed water line served by a well and a 30,000-gallon holding tank provides adequate water for stock. In addition, there are several natural (seasonal) springs, reservoirs and creeks. Meadows along North Laramie River bottom headquarter buildings in background. Carrying Capacity -- The ranch is owner-rated at approximately 250-300 Animal Units (AUs). Note: Carrying capacity may vary due to weather conditions and management practices. Interested parties should conduct their own analysis. The ranch is currently leased to the neighbor on a season-to-season basis. The ranch could be utilized as either a year around cow/calf operation or as a 5± month yearling operation for 600± head. The ranch is divided into seven pastures including hay meadows.

The North Laramie River Ranch offers very good year around outdoor recreational opportunities away from the crowd, including hiking, horseback riding, photography, snowmobiling, fishing and big game hunting. The ranch is allotted two landowner elk permits in Hunt Area 7. The Laramie Mountains offer elk, mule deer, mountain lion and bear hunting; while antelope hunting is available on the High Plains. The North Laramie River Ranch lies in rolling foothill/mountain country covered with pine, aspen, and cedar. Rugged rock formations jut from the landscape adding their dramatic magnificence to the scenic splendor of the area. Elk photographed on the North Laramie River Ranch in Fall of 2007

Improvements The main ranch home (2,320 sq. ft.) is a new 1½ story log home (lodge) with vaulted ceilings, 4 bedrooms each with its own ¾ bath, living room with native stone fireplace (quadra-fire unit with adjustable rheostat), dining area and kitchen. The second level has two open game rooms. According to the Assessor s records, the lodge was built in 1998. There is a 4 crawl space that contains two 40-gallon hot water tanks. Heat is electric baseboard. Outbuildings include a 3,960 sq. ft. shop/barn built in 1973, and a set of corrals with a loading chute. The lodge log home is situated in a very scenic, private setting and extends a welcoming invitation for rest and relaxation in the comfort of its modern design. The unique beauty of nature s moss rock, which was gathered on the ranch, surrounds a wood burning insert and provides a striking focal point in the living area. The insert, together with its multi-speed electric fan and the ceiling fans, is capable of providing heat throughout the main rooms of the home and is a great supplemental heat source to the electric baseboard units.

Minerals The Seller shall retain all mineral rights presently owned, if any. Taxes & Lease Costs 2011/2012 Real Estate Taxes are estimated to be $3,382.62; the fee for the BLM Permits are $1,001.70, and annual fees for the Toltec Watershed Improvement District are $7,020.00. The 3,960 sq. ft. barn/shop, corrals and loading chute are located just north of the residence. The North Laramie River Ranch is being offered for $2,970,000 (Two Million Nine Hundred Seventy Thousand Dollars). Seller shall require an all cash sale. Seller reserves the right to effectuate a 1031 tax-deferred exchange according to IRS Regulations. This exchange will not incur any expense or liability on the part of the Buyer. For more information call us at 888-684-9557 or 307-684-9556

The North Laramie River Ranch 697.34± Irrigated Deeded Acres 5,035.41± Rangeland Deeded Acres 360.00± Acres Private Lease 4,015.46± Acres BLM Grazing Lease 10,108.16± Acres Total Large elk herd on North Laramie River Ranch Fall 2007

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. 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. For more information, contact 58 E. Benteen Street Buffalo, Wyoming 82834 (307)684-9556 Toll Free: 888-684-9557 For information about other outstanding listings, visit our website at www.pearsonrealestate.com The North Laramie River Ranch is a tremendous opportunity to own a piece of the West where one can revel in the spectacular panoramic beauty of Wyoming s high plains country.