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Peregrine Ranch

$4,200,000 Lakeview, MT 400± Deeded Acres

Executive Summary

Peregrine Ranch consists of 400± deeded acres in the Alaska Basin of the renowned Centennial Valley. The Alaska Basin is the eastern extremity of the Centennial Valley at the furthest headwaters of the Missouri River. The Basin is shared with three other private holdings, all of which are protected from development by conservation easements or deed restrictions. The ranch includes BLM and U.S. Forest Service leases of more than 5,000 acres which provide summer grazing for a small cattle operation. It is crossed by Corral Creek and contains three ponds (one of which has been stocked in the past), irrigated hay meadows, open rangeland and timbered hillsides. Improvements include an exceptionally attractive two-bedroom house and guest cabin designed by Jonathan Foote. A separate compound includes employee housing, barns and sheds situated along the gravel county road about 30 miles west of West Yellowstone. Peregrine Ranch enjoys a beautiful setting under the high peaks of the Centennial Range and with one exception is entirely surrounded by public lands.

Just the Facts

∙ Location: 30 miles west of West Yellowstone at the headwaters of Red Rock and Beaverhead rivers
∙ Acreage: 400± deeded
∙ Improvements: vintage Jonathan Foote designed home and guest house – recently exhaustively remodeled; classic historical register quality ranch buildings with new outdoor arena and horse paddocks
∙ Grazing leases: over 5,000 acres of USFS and BLM grazing permits
∙ Special features: almost entirely surrounded by protected federal lands
 
 

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Our Hall and Hall broker, Randy Shelton, kept us in the loop as though it were. Our sale hinged on that of larger surrounding parcels, and when an initial offer fell through, Randy went back to the drawing board and found a suitable buyer who shared our values. That meant a lot to us, as our property had been in the family for more than 100 years.

Jill and Dan Black Kalispell, Montana

From the first time I walked through the door, I sensed Hall and Hall’s highest goals were to understand who I was and build a relationship, to understand what made my property special, and to find the buyer. Their discipline and focus was apparent. Throughout the entire process, their approach towards reality was different from the experiences I have had previously. Genuine would be the word I would use to describe everyone at Hall and Hall.

Lynwood Johnston Bozeman, Montana

I interviewed 4 agents and selected Hall and Hall because of the agency’s reputation for expertise in high end ranch property and global marketing. I had the pleasure of working with Tim Murphy on the sale of a family property in the Paradise Valley, Montana. We believe he represented our family interests well and contributed to the integrity of the property by joining together buyer and seller and a shared love for this special place in our lives.

David Cranston New York, NY

Bill McDavid was an outstanding and very patient partner in this sale. His expertise in the market and marketing of the property was excellent. I would use him again in a heartbeat to either buy or sell a ranch property.

David Schall Skalkaho Creek Ranch

“Guns, bear spray and handsaws: These aren’t the tools of your average luxury real-estate agent. But ranch brokers like Mr. Murphy, a Bozeman-based partner at Hall & Hall, occupy a unique and increasingly challenging niche in the world of multimillion-dollar property.”

Candace Taylor The Wall Street Journal

“When it was time to invest in a ranch for our family, we knew we needed to work with Hall and Hall. The expertise is unsurpassed.”

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In 1988, Joel Leadbetter became a partner at Hall and Hall where he has been instrumental in completing complicated, high-profile deals such as the recent sale of Texas’ historic 512,000-acre Waggoner Ranch.

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Steve Schelhammer

I had been looking for the right property for several years and Elliott Davenport’s insight into the quail plantation market and his ability to think strategically was instrumental in helping me find our new place. Elliott was helpful on all technical aspects of contracting and due diligence. His post closing help with hiring and contractors made the process much easier as well.

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I have purchased 4 ranches through Hall and Hall over the past 20 years, and there is simply no other team in the world like them. They have navigated complexity, professionally attended to every detail, operated with fairness and integrity, and demonstrated an unwavering commitment to me– whether representing me or the person on the other side of the deal.

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