SHADOW MESA RANCH CEDAREDGE, COLORADO

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Price DRASTICALLY Reduced SHADOW MESA RANCH CEDAREDGE, COLORADO 708± TOTAL ACRES $4,195,000 Private, Exclusive, Surreal, Majestic, and Breathtaking are just a few of the adjectives that describe the spectacular Shadow Mesa Ranch. Located 3.5 miles west of Cedaredge, Colorado, this ranch encompasses the top of a private mesa. Bordered to the east by Ward Creek and the west by George Creek, the ranch has multiple sources of year round flowing streams. Ranging in elevation from 5,800 feet up to 6,200 feet, the ranch is the ideal elevation for a year round residence. The combination of 270± acres of irrigated fields along with 440± acres of grazing pasture provides the perfect habitat for livestock and wildlife. Vegetation is a mix of irrigated meadow, sage flats and Pinion & Juniper trees. Features include: A newly remodeled 3,126 sq. ft. home, shop, care taker s home, working corrals, hay barn, engineered irrigation system, numerous outbuildings and tremendous mountain views spanning the horizon. LISTING AGENT: JOSEPH BURNS C: 970.209.4400 JOEY@EAGLELAND.COM

IMPROVEMENTS: Remodeled 3,126 sq ft Home: Remodeled in 2008, this home is a Colorado Mountain luxury. With a gourmet kitchen and a large, open great room, this home provides the perfect place for entertaining guests. The knotty pine doors, tile floors and timber accents create a warm and inviting environment for all to enjoy. Main Level Features: a stunning great room with a brick fireplace, tile-floored formal dining room, elegant guest bathroom, and a gourmet kitchen with granite countertops, Sub-Zero and Wolf appliances, and a large walk-in pantry. Upstairs Features: two bedrooms with wood double-door closets, bathroom with tile countertop, luxurious master suite with tile floors and countertops in the bathroom, and 435 sq ft of private decks off the suite. Downstairs Features: a large bedroom with a gun safe, bathroom with tile countertops and flooring, laundry room with efficient frontload washer and dryer, and a family room perfect for media entertainment. Manager s Home: 1,200 sq ft 2 bed room 1 bath. Metal Shop: 48 x 72.6 metal shop with concrete flooring and 220V electricity. Machinery Shop: 60 x 25 Quonset machinery storage shop, enclosed on three sides. Hay Barn: 3,200 sq ft hay storage barn. Corrals: full set of working corrals with a squeeze chute and 60,000 lb truck and cattle scale. Animal Barns: 52 x 16 horse barn, calving barn, and 16.6 x20 chicken coop. 2

WATER: As part of Sandstone Bluff Ditch, Sand Creek Ditch, Eckert Ditch, Scotland Peak Reservoir, and Granby Reservoir, this property owns 11 shares, 6.0 cfs and 3 cubic feet of water. Bordered by Ward Creek and George Creek, this property has year-round flowing streams. UTILITIES/ ACCESS: Electricity and phone installed plus three domestic water taps and a well to provide water. VEGETATION/TERRAIN: With an elevation range of 5,800 feet up to 6,200 feet, the terrain includes a variety of hills, valleys, fields, and pastures. The ranch has a mixture of vegetation including meadow land, sage brush flats, pinion trees, juniper trees, and hay. ZONING/USE/TAXATION: The current use of the ranch is a cattle operation, horse ranch, hunting operation, and recreation. Taxes for the 2011 year were $1650, based on agriculture use. WILDLIFE: With the combination of fields, pastures, and hills, the ranch provides the perfect habitat for wildlife. Rocky Mountain elk, moose, mule deer, black bear, coyote, fox, turkey, and other small game reside around the property. Located in game unit 411, the ranch qualifies for landowner hunting vouchers, as well as hunting tags that are purchased over-the-counter. 3

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LOCALE Delta County (pop. 30,952) is one of the 64 counties of the U.S. state of Colorado. The county seat is Delta. Delta County was created by the Colorado legislature in 1883 out of portions of central Gunnison County. The county was named from a delta of arable land at the mouth of the Uncompahgre River, where it flows into the Gunnison River. Scenically situated in the Gunnison River Valley, Delta County is rimmed by the San Juan and West Elk mountain ranges to the east and south, the Grand Mesa on the north, and the Uncompahgre Plateau to the west, with the Gunnison, Grand Mesa, San Juan, and Uncompahgre National Forests nearby. Delta County features fun activities from whitewater rafting down in the lower valleys to climbing to the top of mountain peaks. Small country farms, orchards burgeoning with fruit, winemakers busy at their craft and chefs stirring it up. This is Delta County, Colorado, not a spot well known by very many. However, this little part of western Colorado is starting to make an impression on the food and wine scene. Come for a visit or move in it is a beautiful place to discover. 7

AREA ATTRACTIONS The Town of Cedaredge (pop. 2,253) is a Home Rule Municipality in Delta County, Colorado. Cedaredge sits in the Surface Creek Valley beneath the southern slopes of the Grand Mesa, the largest mesa in the world. Its elevated vantage point affords southern views of the San Juan Mountains, the Black Canyon of the Gunnison National Park, and the communities of Delta, Olathe, and Montrose. Cedaredge is a small, agricultural community, which produces apples, peaches, and wine from the region s several vineyards. Notable attractions include Cedaredge Golf Club, Historic Pioneer Town, and an art gallery and craft store housed in a renovated apple packing shed. Regional sporting activities include camping, trophy hunting, hiking and Gold Medal fishing at more than 250 lakes on the Grand Mesa. During the winter locals partake in snowmobiling and Nordic skiing on the Mesa s numerous trails. Powderhorn Resort is located 30 miles (48 km) north of Cedaredge and offers a variety of ski terrain such as groomers, bumps, glades, and boulder fields, as well as two quality terrain parks. Montrose, a county seat, has been a hub for agriculture and commerce since the early 20th century and the completion of the Gunnison Tunnel, which brought water for irrigation to the Uncompahgre Valley. Humans have lived here, though, for more than 3,000 years as evidenced by the petroglyphs at the Shavano Valley Rock Art Site. Today, Montrose is a regional center for health care, retail, and entertainment. MONTROSE, COLORADO MONTROSE, COLORADO PAONIA, COLORADO Paonia (pop. 1,451) is located in eastern Delta County and is situated on the North Fork Gunnison River, about 10 miles northeast of neighboring Hotchkiss. It lies near the head of the North Fork Valley at the base of 11,396- foot, Mount Lamborn to the southeast and Grand Mesa to the northwest. 8

AREA ATTRACTIONS The Black Canyon of the Gunnison near Montrose is, as the National Park Service notes, big enough to be overwhelming and still intimate enough to feel the pulse of time. With its steep cliffs and rock spires, the canyon tests hikers while fishermen, boaters, and kayakers find challenges on the river. THE BLACK CANYON OF THE GUNNISON The West Elk Mountains are a high mountain range in the west-central part of the U.S. state of Colorado. They lie primarily within the Gunnison National Forest, and part of the range is protected as the West Elk Wilderness. The range is primarily located in Gunnison County, with small parts in eastern Delta and Montrose counties. WEST ELK MOUNTAIN RANGE The West Elks surrounded many tributaries of the Gunnison River. The range is bounded on the north by the North Fork of the Gunnison and on the east by the East River, another tributary of the Gunnison. On the south and west it is contiguous with Black Mesa and Fruitland Mesa, both part of the uplift in which sits the Black Canyon of the Gunnison. On the northeast it is contiguous with the Elk Mountains, being separated from them by Anthracite Creek and Coal Creek. Nearby towns include Gunnison, Paonia and the ski resort of Crested Butte. Crested Butte is a prominent mountain summit and a beautiful ski area in the West Elk Mountain range of the Rocky Mountains. The 12,168-foot peak is located in Gunnison National Forest, 2 miles northeast of the Town of Crested Butte in Gunnison County. Ski lifts and runs of the Crested Butte Mountain Resort occupy the north side of the mountain. The annual snowfall average is 198.4 inches with the average temperature being only 34.7 F. CRESTED BUTTE 9

STATE MAP MAPS BY: LAND INFORMATION SYSTEMS LLC 970.209.4400 10

REGIONAL MAP MAPS BY: LAND INFORMATION SYSTEMS LLC 970.209.4400 11

LOCATION MAP MAPS BY: LAND INFORMATION SYSTEMS LLC 970.209.4400 12

PUBLIC LANDS MAP MAPS BY: LAND INFORMATION SYSTEMS LLC 970.209.4400 13

COLORADO GAME UNIT MAP MAPS BY: LAND INFORMATION SYSTEMS LLC 970.209.4400 14

TOPOGRAPHY MAP MAPS BY: LAND INFORMATION SYSTEMS LLC 970.209.4400 15

AERIAL MAP MAPS BY: LAND INFORMATION SYSTEMS LLC 970.209.4400 16

Often times it is hard to describe in words the beauty of Western Colorado and all that it offers. From the rugged snow-capped peaks of the Rocky Mountains to the lush green farms that cover the valley floor. It s easy to say that there is nowhere else like it on earth. It s truly a place of un-surpassing beauty and life. For the past 24 years we have had the honor of helping our clients become a part of this incredible place we call home. Lone Eagle Land Brokerage was established with a very simple philosophy; We would be a Real Estate Company that focuses on our clients buying and selling needs of ranch and recreational properties in Western Colorado and that we would provide them with the best possible information, service and experience the ranch market has ever seen. Our clients will testify... we have reached our goal! We look forward to earning your business. While it took some time to get established, this unique Colorado ranch real estate office has been responsible for some of the largest land transactions in the region. Our closed sales now rival a half billion dollars. A lot of brokers claim to be ranch specialists - our numbers prove we are the ranch specialists. OFFICE LOCATION: 21263 HWY. 550, MONTROSE, CO 81403 LONE EAGLE LAND BROKERAGE Click above to open an interactive Google map. JOSEPH BURNS C: 970.209.4400 JOEY@EAGLELAND.COM BRYAN WALCHLE C: 970.209.7500 BRYAN@EAGLELAND.COM MIKE MCGARRY C: 970.209.1895 MIKE@EAGLELAND.COM 17

WHAT IT MEANS TO BE AN American Farm & Ranch is a team of highly successful marketing and land specialists whose sales rank in the Top 10 nationally. They enjoy exceptional growth due to the quality of service and the value they create for buyers and sellers of rural real estate. Lone Eagle Land Brokerage is proud to be part of the team. The American Farm & Ranch website design offers an uncluttered, refined approach that allows visitors to search for rural real estate with high-resolution photography, mapping and video presentations without the bombardment of advertisements. The Member Brokers consistently achieve strong and measured results by working with qualified buyers and bringing the best rural properties to market. Their broker network, leadership within industry organizations and marketing finesse complement their integrity, honesty and thoroughness in representing buyers and sellers of rural real estate. Their evergrowing national presence places the American Farm & Ranch (AFR) Member Brokers at the forefront of the market. Globally and domestically, AFR is setting the new standard for serving the rural real estate community. From agricultural farms and livestock ranches, to equestrian estates, sporting properties, timber land and recreational ranches, the AFR Member Brokers are changing the way rural real estate is sold. FARM & RANCH CATEGORIES American Farm & Ranch and their Member Brokers have created a system for categorizing rural real estate. This system is designed to help buyers find exactly what they are looking for using six simple categories. The categories are EQUESTRIAN, RECREATION, TIMBER, SPORT, RANCH and FARM. Some properties may only fit into one category whereas others may fit into a few or even all the categories. The colored blocks below represent the six different categories. SHADOW MESA RANCH The Shadow Mesa Ranch falls mainly into one two categories, RECREATION, RANCH and FARM. 18

In Colorado, Buyers should be aware that different real estate brokerage relationships are available which include seller agency, buyer agency or transaction-brokerage. BROKERAGE DISCLOSURE TO BUYER DEFINITIONS OF WORKING RELATIONSHIPS: SELLER S AGENT: A seller s agent (or listing agent) works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller. The seller s agent must disclose to potential buyers all adverse material facts actually known by the seller s agent about the property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller. BUYER S AGENT: A buyer s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the buyer. The buyer s agent must disclose to potential sellers all adverse material facts actually known by the buyer s agent including the buyer s financial ability to perform the terms of the transaction and if a residential property, whether the buyer intends to occupy the property. A separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer. TRANSACTION-BROKER: A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any contracts, including the closing of the transaction without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care in the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transactionbroker concerning a property or a buyer s financial ability to perform the terms of a transaction and if a residential property, whether the buyer intends to occupy the property. No written agreement is required. CUSTOMER: A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because such party has not engaged or employed the broker, either as the party s agent or as the party s transaction-broker. Please contact Lone Eagle Land Brokerage for a complete discussion of potential working relationships for this property. A written relationship disclosure will be provided to a prospective buyer prior to engaging in brokerage activities as defined by the Colorado Real Estate Commission. 19

Price DRASTICALLY Reduced SHADOW MESA RANCH CEDAREDGE, COLORADO 708± TOTAL ACRES $4,195,000 Joseph Burns of Lone Eagle Land Brokerage is the exclusive agent of the Sellers. 970.209.4400 JOEY@EAGLELAND.COM Lone Eagle Land Brokerage is acting as a Seller s Agent and will cooperate with other agents acting as a Transaction Broker or Buyer Agent only. NOTICE: Offering is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classifications, acreages, carrying capacities, potential profits, etc., are intended only as general guidelines and have been provided by sources deemed reliable, but whose accuracy we cannot guarantee. Prospective buyers should verify all information to their satisfaction. Prospective buyers should also be aware that the photographs in this brochure may have been digitally enhanced. JOSEPH BURNS C: 970.209.4400 JOEY@EAGLELAND.COM BRYAN WALCHLE C: 970.209.7500 BRYAN@EAGLELAND.COM MIKE MCGARRY C: 970.209.1895 MIKE@EAGLELAND.COM 20