FALL 2018 BUCKHORN MOUNTAIN RANCH MONTROSE COUNTY, COLORADO 12,575± ACRES - 6,573± DEEDED ACRES $19,950,000

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1 BUCKHORN MOUNTAIN RANCH MONTROSE COUNTY, COLORADO 12,575± ACRES - 6,573± DEEDED ACRES $19,950,000 J ust 15 miles south of Montrose, Colorado, the Buckhorn Mountain Ranch spreads across 6,573± deeded acres of stunningly beautiful high desert land at the base of Storm King Peak. The ranch also encompasses 6,003 acres of leased BLM land for a total of 12,575± acres under its control. Located in Montrose and Ouray Counties off U.S. Highway 550, Buckhorn Mountain Ranch is adjacent to Buckhorn Lakes Park, a popular recreational area owned by the city of Montrose, and has stunning views of the San Juan Mountains 20 miles to the south. ELK MOUNTAIN RESORT MONTROSE COUNTY, COLORADO 275± DEEDED ACRES $17,950,000 S pread out across 275± acres of lush forest on the Uncompahgre Plateau lies Elk Mountain Resort. The luxurious resort, completed in 2006, was a four-season destination consisting of a main lodge that boasts just under 20,000 sq.ft. of elegant yet rustic accommodations. Attached to the main lodge via heated walkways are 21 luxury lodge suites designed for comfort. If it s a more private setting you want there are 18 2-story, 3 bed/3 bath cottages spread throughout the pine and aspen forest. Activities at Elk Mountain Resort range from tactical training in the 15,500 sq.ft. indoor shooting facility to tennis, rock climbing and hiking or riding ATVs and snowmobiles in the terrain park. From the majestic views of the San Juan Mountains to the solitude of the surrounding national forest the luxury of Elk Mountain Resort is a work of art. JOSEPH BURNS OFFICE@EAGLELAND.COM BRYAN WALCHLE MIKE McGARRY

2 THE LEGENDARY NICK GRAY RANCH MONTROSE COUNTY, COLORADO 24,820± ACRES - 3,547± DEEDED ACRES $16,075,000 There are times when history and legacy collide. What is formed an unprecedented cattle ranch in Montrose, Colorado built out of the valley floor and the mountains, which surround the alpine forest of the Cimarron. This year-round, 800 head cattle breeding operation was built on efficiency, productivity and an abundance of forage allowing livestock to thrive. The ranch is a combination of 5 parcels of land, a 3-month 600 head forest grazing permit and 600 animal units. Starting on the Valley Floor at the 1000 head feed lot in Montrose, moving East to the two ranches that provide spring and fall grazing, the ranches end at summer s crown jewel, Cimarron Ranch, with its lush, irrigated, mountain meadows. The combination of these Legendary Nick Gray Ranches has never been offered for sale. This is an extremely rare opportunity and under the right scenario it can be purchased in various configurations. GRAY CIMARRON RANCH CIMARRON, COLORADO 1,461± ACRES $9,430,000 GRAY BIG CIMARRON GRAZING PERMIT 600 AU Total head Months: 1,866 (ADDITIONAL CATTLE AVAILABLE) CIMARRON, COLORADO 21,273± ACRES $1,200,000 CEDAR CREEK RANCH MONTROSE, COLORADO 1,667± ACRES $3,544,000 5 MILE RANCH MONTROSE, COLORADO 319± ACRES $1,058, ACRES MONTROSE, COLORADO 80± ACRES $442,500 FEED LOT (1,000 HEAD) MONTROSE, COLORADO 20± ACRES $400,000 NEW LISTING

3 This 2,980-acre ranch is a combination of beauty, accessibility and history, making it one of the finest and well-located mountain properties you will find in the Western United States. Once used by the soldiers from Fort Crawford as a water source, this abundant spring still supplies good clean water. Located between Montrose and Telluride, Colorado, the ranch features year round paved access, 6 miles of national forest boundary, underground utilities, 60%-70% ponderosa pine, aspen and spruce with huge views of the San Juan Mountains and the lush valley below. It is a true trophy-hunting ranch in a great location, only minutes from a commercial airport. GOVERNMENT SPRINGS RANCH OURAY COUNTY, COLORADO 2,980± ACRES $10,950,000 LINGHAM RANCH OURAY COUNTY, COLORADO 2,495± ACRES $10,600,000 This beautiful ranch was originally known as the American Sheep Ranch, owned by W.A. Lingham who moved to Colorado from Massachusetts in Today the ranch is still owned by his heirs and is operated as a stunning, high-country livestock grazing and wildlife ranch. Lying on the southern shoulders of Horsefly Mesa, the ranch overlooks the entire Uncompahgre River Valley around the town of Ridgway and has unobstructed views of the entire Cimarron and San Juan mountain ranges. The ranch begins at an elevation of 8,800 feet with wide open sage and grass meadows. It then rolls through a series of lush Gamble Oak hills to reach its final height of 9,800 feet with large, old growth stands of Aspen mixed with wildflower meadows, lush springs, and Spruce and Pine covered cliffs. Many times the finest ranches are made with great intention. Over the last thirty plus years and twelve parcel acquisitions, this incredible ranch featuring just under 1700-acres has been assembled only minutes from downtown Ridgway. Featuring Highway 62 and County Road 5 frontage, varied terrain, large ponderosa forest, and an unsurpassed view of the San Juan Mountains. Price reduced for immediate sale. MT. SNEFFELS RANCH OURAY COUNTY, COLORADO 1,681± ACRES $9,995,000

4 SOLDIER CREEK RANCH CARBON COUNTY, UTAH 30,089± ACRES 9,153 DEEDED ACRES $8,500,000 CAMEL POINT RANCH MESA COUNTY, COLORADO 1,480± ACRES $5,750,000 Camel Point Ranch lies just southwest of Glade Park on the southwest rim of Pinon Mesa. Pinon Mesa is a large uplift that runs north of State Highway 141 just east of the Utah state line. The deep canyon of the North Fork of West Creek runs lengthwise through the property from the northeast corner to the south side. The ranch has a wide variety of terrain, where roughly half of the property is forested with aspen, fir, spruce and some pine while the rest is mixed sage, oak brush and scattered open meadows. BLM land borders the property to the south and most of the east boundary. Improvements on the property consist of three cabins and two sheds. Running the entire length of the ranch is North Fork West Creek which provides a great source of water for the abundant wildlife on the property. Along with the world-class, trophy elk hunting of CO GMU 40, the ranch also has excellent Mule Deer, bear and mountain lion hunting. BUGLING ELK RANCH MESA COUNTY, COLORADO 2,151 ACRES $5,490,000 Spanning many square miles of excellent hunting habitat rising from the valley floor up to the mountaintop, Soldier Creek Ranch is the perfect combination of exceptional privacy, plentiful wildlife, diverse terrain, abundant water, and year-round access All Within Two Hours of Salt Lake City! Situated along the Wasatch Mountain Range in Central Utah, the Soldier Creek Ranch occupies over 30,000 acres, of which 9,153 are deeded and unencumbered by any conservation easements. Located 20 minutes from the jet-capable Carbon County Airport, approximately two hours from world class skiing, and the Resort City of Moab, the Soldier Creek Ranch stands alone as an unrivaled opportunity to own a fantastic piece of the American West! Sometimes the scenery is so vivid, the surroundings come alive. Visions of rugged red rock canyons framing snowcapped peaks in the horizon. Cattle moving up into the timber above the ranch are only interrupted with the herds of elk running across irrigated meadows. I would call it a dream, but in reality, this vision, this dream, is the truth we call Bulging Elk Ranch. Located 42 miles southwest of Grand Junction, 2,151± acres of a high mountain canyon ranch is at the foot of Pinon Mesa in Unaweep Canyon. Easily accessed via Hwy 141 the ranch features 1¾ miles of paved road access and sits 32 miles west of Whitewater and 10 miles east of Gateway. The ranch features 120± acres of irrigated pasture, a BLM grazing permit, year-round paved access, located in trophy hunting game Unit 40, varied terrain with spectacular views.

5 Located 10 miles from the bustling town of Montrose Colorado this 1,100± acre ranch peers over the valley floor atop Bostwick Park. Bordering Hwy. 50 to the south and Bostwick Park Road to the east, the ranch has great access, underground utilities offering tremendous future upside potential. Consisting of 210± irrigated acres, the ranch offers productive irrigated hay land with over 1.5 miles of an elevated building site. Irrigation water includes 15 shares of Cimarron Ditch and Canal Company and 313 acre feet of Bostwick Park Conservancy District water. Situated with the backdrop of the Black Canyon National Monument to the north and huge panoramic San Juan Mountain views to the south and west. Montrose Valley Ranch is a 132± acre ranch located perfectly against the southeastern city limits of Montrose. Stunning views of the San Juan Mountains, flowing water in Cedar Creek and rolling hills lined with Cottonwood trees make this property the perfect Gentleman s ranch. Over 97± irrigated acres of fertile crop and hay ground, are irrigated with UVWUA shares and 1 CFS of adjudicated water. The ranch has county road access via Otter road to the South and Montrose City s Ogden Road to the North. The North boundary is directly across from the Bridges Golf Course main entrance. Currently zoned agricultural, this land is as good as it gets! SAN JUAN MOUNTAIN RANCH MONTROSE COUNTY, COLORADO 1,100± ACRES $2,995,000 SPRING CREEK LUXURY ESTATE MONTROSE COUNTY, COLORADO 225± ACRES $2,950,000 This luxurious 225± acre estate is conveniently located 5.5 miles west of Montrose, Colorado off of Spring Creek Road. This ranch is positioned atop a beautiful mesa overlooking the Montrose Valley to the East and a short distance to the west is the beautiful Shavano Valley. Above the rolling hills and the lush green meadows are spectacular views of the San Juan Mountains to the south. Running along two sides of the property are canals lined with Cottonwood trees that provide ample water for approximately 89± acres of irrigated pasture with an additional 60± acres of irrigated hay ground. The main house is a beautiful 2 story, 3,378 sq. ft., 4 bedroom, 4 bath home with several covered porches surrounded by flowers, trees and landscaping. Next to the house is a detached garage built by Morton Buildings. Also on the property is a single story, 1,600 sq. ft., 3 bedroom, 2 bath house built in the 1960 s. MONTROSE VALLEY RANCH MONTROSE, COLORADO 132± ACRES $2,950,000

6 KM RANCH MONTROSE, COLORADO 767± ACRES $2,795,000 Located 11 miles east of Montrose, Colorado this end-of-the-road ranch is the essence of Colorado Ranch living. Beginning with lush, irrigated meadow the productive hay ranch escalates in elevation 1,200 feet allowing a mix of vegetation suited perfectly for alpine livestock grazing and big game hunting. The ranch features 163± irrigated acres, historic water rights, huge mountain views and multiple sources of domestic water. 420± acres of the ranch are cross-fenced for optimal cattle grazing rotations and crop production. The ranch includes a 4-bedroom, 2-bathroom, mountain cabin with loft and 1-car garage. Other improvements included a 3-bedroom, 2-bathroom, Caretaker s home, large equipment shop and numerous outbuildings. All but 37 acres of the property have been preserved with a conservation easement. If you re looking for that ranch hidden around the corner with year-round county maintained access from which you can easily run to town and get milk in time to be home for a successful big game hunt in the afternoon, the KM Ranch is for you. HIDDEN VALLEY RANCH COLLBRAN, COLORADO 1,042± ACRES 482± DEEDED ACRES $2,500,000 Tucked into a secluded valley with BLM on both sides you ll find the 482± beautiful acres of Hidden Valley Ranch. With 67± acres of irrigated hay fields and 65± acres of irrigated pasture, this ranch features some historic and plentiful water rights out of Salt Creek, Kiggins and Salisbury Ditch Company, and Collbran Conservancy District. With a 42 AUM Grazing Lease, several homes, barns, equipment and storage sheds you have multiple options for utilizing the ranch to its fullest. Hiding out here, you ll be one hour from the nearest commercial airport and 40 minutes from Powderhorn Ski Resort with convenience 9 miles away in the quaint town of Collbran. A perfect place to call home. RED ROCK CANYON RANCH MONTROSE COUNTY, COLORADO 286± ACRES $2,295,000 Located on Bostwick Park, 10 miles east of Montrose, Colorado, this 286± acre ranch features 270± highly productive irrigated acres with a 4-stall horse barn, two domestic wells, and spectacular mountain views. A 3,226 sq. ft. farmhouse was recently built to capture the beauty and tranquility of the San Juan Mountains, Uncompahgre Plateau, and West Elk Mountains surrounding the ranch. If you re looking for a highly productive, turnkey, hay ranch, you will not find a finer property in the area.

7 SIMS MESA RANCH MONTROSE COUNTY, COLORADO 1,290± ACRES $1,935,000 Sims Mesa Ranch is located six miles south of Montrose along Sims Mesa Road. Located in CO GMU 62, this 1,290± acre ranch consists of two parcels that are surrounded on three sides by BLM ground. From the brush covered mesas of the ranch to rolling hills and Juniper covered valleys there is ample habitat for Mule Deer and small game. Dolores Creek Canyon runs across the east side of the ranch while a spur of Happy Canyon cuts into the ranch along the northwest corner. The many trails and roads across the property make this ranch a great place for recreation and hunting. The location of this property provides sweeping views of Montrose and the lush Uncompahgre River Valley to the snow covered mountaintops of the Cimarron and San Juan Mountain Ranges. This property offers privacy while still having the conveniences of town only 10 minutes away. CIMARRON CERRO RANCH MONTROSE COUNTY, COLORADO 1,163± ACRES $1,895,000 Cimarron Cerro Ranch is an excellent grazing ranch made up of 1,163± acres and is conveniently located 20 minutes east of Historic Montrose Colorado! The ranch is made up of gently sloping, grassy terrain with oaks, cedars and cottonwoods dispersed throughout. Cottonwood Creek meanders through the ranch and there are numerous ponds scattered about. Improvements include a beautiful three-bedroom log home that was constructed in 2002, as well as a small barn/shed. The ranch is located within game management unit 65 and offers excellent hunting opportunities. The ranch offers stunning views in every direction and is under a conservation easement. PEA GREEN FARM MONTROSE COUNTY, COLORADO 177± ACRES $1,400,000 This 177± acre irrigated farm is conveniently located less than 1 mile west of Pea Green Corner where Banner Road meets Highway 348. Located on the extremely fertile California Mesa, this property features an abundant shares of UVWUA irrigation water, making this farmland some of the most highly productive and sought-after ground in the area. In addition to its prime location and crop production value, this farm features wide-open views of the San Juan and West Elk Mountains and Grand Mesa. Both sides can be accessed via paved Banner Road to the south or County Road 5215 on the west. This farm produces high yields of corn, onions or beans and has done so well into its history. NEW LISTING

8 Offered for the first time since 1951 this 149± acre irrigated farm is conveniently located only 4.5 miles from downtown Montrose. Located on the lush Spring Creek Mesa, this property features an abundant shares of UVWUA irrigation water, making this farm ground some of the most highly productive and soughtafter ground in the area. In addition to its prime location and crop production value, this farm features wide-open views of the San Juan Mountains and Grand Mesa. Both sides can be accessed via State Hwy 90 on the east or County Road 6100 on the west. This fantastic opportunity hasn t been seen in nearly 70 years. The property has been recently appraised and priced for immediate sale. WILLIS SPRING CREEK FARM MONTROSE, COLORADO 149 ACRES $1,250,000 DALIA ROAD FARM MONTROSE COUNTY, COLORADO 120± ACRES $984,000 It s been over 30 years since the Dalia Road Farm has been available. Historically used to produce sweet corn seed, pinto beans and alfalfa this 120-acre farm has proven itself repeatedly to be a consistent high producing, rocky mountain farm. Located minutes from the town of Olathe and 10 miles to towns of Delta or Montrose it s easy to do life here on the farm. Featuring shares of UVWUA water, a small farm house and modest outbuilding, the property is ready for farm expansion, a wintering cow facility or a luxury home within the productive landscape. Excellent Hunting Property with live water located less than 30 minutes from Montrose! Surrounded by thousands of acres of BLM on three sides, this property has endless recreational opportunities. Great elk and deer hunting area located within Game Management Unit 62, which offers over the counter bull tags. The west fork of Dry Creek flows through one end of the property, and the east fork of Dry Creek flows next to the other end of the property on the BLM. There is a cabin on the property, as well as numerous ponds and springs. This property is a fantastic value with the price reduced to just over $1,300 per acre! MOORE RANCH MONTROSE COUNTY, COLORADO 720± ACRES $950,000

9 SEACAT FARM MONTROSE COUNTY, COLORADO 133± ACRES $940,000 This farm consists of 133± acres, of which approximately 85± are very productive irrigated acres. There are currently buried risers and gated pipe delivering the irrigation water to the fields. The farm includes ample UVWUA irrigation water rights. With views of the San Juan Mountains, the 1,600 sq. ft. farm house sits among a large group of beautiful, 100 year old Cottonwood trees. Other improvements include numerous outbuildings; storage sheds, working cattle pens and a nice lake designed for irrigation. MANGOLD RIVER RANCH RIDGWAY, COLORADO 40± ACRES $840,000 The Mangold River Ranch contains 40± acres and is comprised of a beautifully wooded, south-facing hillside, which has numerous possible home sites with wall-to-wall views of the San Juan and Cimarron Mountain Ranges. The lower portion of the property is sub-irrigated meadow traversed by both Dallas Creek and Pleasant Valley Creek. WHISPERING PINES RANCH OURAY COUNTY, COLORADO 40 ACRES $699,000 This 40-acre parcel is truly a unique location to build a luxury dream home. It is currently the only semi-vacant acreage available off the paved portion of County Road 1. Located on Log Hill Mesa 6.5 miles from Ridgway and directly across the road from the entrance to Divide Ranch Golf Course. This property offers a combination of incredible views of the Cimarron and Sneffles Ranges while providing all the privacy you require. There is a seasonal stream and pond on the property. Elk, mule deer, wild turkey and bear are frequent visitors. A year-to-year grazing lease is also in place.

10 LONE STAR RANCH MONTROSE COUNTY, COLORADO 40 ACRES $675,000 Nestled in the heart of the Uncompahgre National Forest, the scenery and privacy surrounding this lovely home is second to none. The custom three-bedroom, three-bath log home was built with Ponderosa pine harvested and milled on the property. This stunning home offers in-floor heat, high-speed Internet and great cell service from a Wilson Booster, and a huge deck with huge views. Owners have an opportunity to enjoy nature like few can. The San Juan Mountains, Lone Cone Mountain and the Uncompahgre Plateau all show themselves through abundant ponderosa and aspen. Various streams meander through the property, close to the historic homestead cabin and the old outhouse. The twobay barn has an oversized door and deep bays. This unique location provides total seclusion, but allows you to stay connected. KIER MOUNTAIN RANCH CEDAREDGE, COLORADO PARCEL A: 322± ACRES $290,000 PARCEL B: 873± ACRES $600,000 These two pristine mountain parcels are located near Cedaredge, Colorado on the south face of the legendary Grand Mesa of Southwest Colorado, which has long been known as one of the best big game hunting areas in the nation. Grand Mesa is home to large herds of Rocky Mountain Elk, as well as Shiras Moose, Mule Deer, Black Bear and Mountain Lion. Both parcels provide excellent hunting opportunities as well as possible livestock grazing. Both parcels are served by a National Forest access road. Parcel B being passenger car accessible while Parcel A has a more rustic road access. HAPPY CANYON RANCH MONTROSE COUNTY, COLORADO 360 ACRES $414,000 Happy Canyon Ranch is seven miles south of Montrose off Happy Canyon Road. In CO GMU 62, this 360± acre ranch consists of two parcels surrounded on two sides by BLM land. Along with many trails throughout, Happy Canyon Creek runs for ¾ of a mile across the ranch, making it a great place for recreation and hunting. The rolling hills, junipercovered valleys and brush-covered mesas provide ample habitat for mule deer and other small game. The location of this property provides sweeping views of the Grand Mesa, Cimarron and San Juan Mountain Ranges. With town only a few minutes away, this property provides totally privacy with great views.