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Live & online Real Estate Auction:

Peggy Creek South Ranch

8604 Acres

December 10, 2024

Reva, SD

AUCTION DETAILS & Property Description

Live & Online! Peggy Creek South Ranch Auction | December 10, 2024, 2 p.m. MT | Offered in 6 Individual Tracts & in Combination

Auction Date & Location: December 10th at 2pm at the Reva Hall, Reva, SD & Online at auctions.hewittlandcompany.comOnline bidders must be available by phone. Broker participation is invited. Form and deadline required.

The Peggy Creek Ranch has been renowned for their regenerative/holistic ranch management practices for decades and this property presents an unparalleled opportunity to acquire large tracts of ranchland or a complete operating unit that has been meticulously cared for and well established as a model for regenerative ag. 

Acreage: 8,604+/-Deeded Ac. Plus 160 ac private lease (fenced in)

Property Showings: November 14 & November 26, 10AM-2PM and Day of Auction from 9AM-Noon

Contact: Tyson Hewitt: (605) 206-0034 |  Tanner Hewitt:  (605) 490-7952 | JD Hewitt: (605) 347-1100

Property Location

Property Location: Reva – Perkins County, South Dakota & Harding County, SD

Property Directions: From Reva (Hwy 20 – 79 Jct) South on Hwy 79 6 miles to Sorum Rd, East 9 mi on Sorum Rd to Zeona Rd, then 5 mi South on Zeona Rd to the driveway. Turn east into the ranch HQ.

Locale
Both Perkins and Harding County are tight-knit rural communities of the northern prairies of South Dakota. Perkins county has 3,000 residents in 2,890 square miles.  Perkins County stretches about 63 miles North to South and 46 miles East to West in Northwestern South Dakota. Agricultural activities are the largest land uses throughout the county, accounting for 79% of the total land area. Two incorporated municipalities, Bison and Lemmon, and several unincorporated communities are in Perkins County.  The centrally located town of Bison, SD is located 33 miles northeast and is the County Seat. In Bison, you will find Ag Service businesses, as well as small town essentials like grocery, cafes and schools. To the West 44 miles lies Buffalo, SD the county seat of Harding County.
 
The Perkins County was populated in the second Dakota boom, spurred by the railroad’s westward expansion.  The expansion of the railroad, along with the promise of land to homestead, lured settlers to the county. The rugged landscape of these two counties provides beautiful views and opportunities for recreation. Custer Gallatin National Forest’s eastern edge and the Slim Buttes are excellent places for hiking, camping, fishing, hunting as well as skiing, snowmobiling and other winter activities.
 
Rapid City and the Black Hills area are around a 2-hour drive from Peggy Creek South Ranch. Rapid City is the second largest city in SD. The ‘City of Presidents’ offers a generous mix of shopping, fine and casual dining, medical facilities and industry. Highlights of Rapid City include a thriving main street full of local shops and restaurants, historic hotels, Universities, Ellsworth Air Base and so much more. Regional flight services are available at Rapid City Regional Airport with direct flights to over twenty major markets. 
 
South Dakota is the land of infinite variety, from weather to landscapes to people. The state is split by the Missouri River which runs along the south and snakes northward diving the state into East and West River. East River is more densely populated and predominantly farmland while West River has a lighter population and focus more on the cattle and ranch industry. Tourism and recreation provide many opportunities for recreation, hunting and fishing.
Topography

Topography on the ranch varies from level meadow lands to rugged buttes and well grassed draws and coolies.  

Soils

The soils on the ranch are primarily loam soils with Reeder – Rhodes loam and Reeder Lantry loam comprising the major soil types.

Water

Water on the ranch is abundant with five wells ranging from 190’ to 560’ in depth serving over 9 miles of pipeline. In addition to the electric wells, there is an older windmill and numerous well positioned reservoirs 

Access

The ranch is easily accessed via Zeona Rd – a well-maintained gravel County Rd and is situated an easy 10 minute drive to asphalt.

Improvements

The improvements are anchored by a magnificent 4,560 sq. ft. lodge style home constructed in 2004 and recently remodeled. The home features 8 bedrooms, 4 baths, great room with fireplace, office and an attached three car garage The home has recently been remodeled with new windows, roof, siding and flooring. The remaining improvements consist of functional barns, sheds and modest corrals.

Operation

The Peggy Creek Ranch – South Unit has been utilized as an integral part of the Peggy Creek Ranch Buffalo operation. The natural terrain and native grasslands are well suited for livestock production and bison have done exceptionally well on the ranch. The ranch has been recognized by the Northern Plains Sustainable Ag Society for its model management practices and has been featured in books such as, Dirt Meridian and One Size Fits None. For decades, the ranch has been holistically managed and the results are astounding.  

The Ranch has been operated as a year around grazing unit with supplemental feeding as necessary during the fall and winter. A rotational grazing system has been utilized for decades, resting each pasture from 12 to 24 months between grazing periods.    

Leased acreage: There is a 160 acre private lease fenced into the property in the NW corner of Tract 6. Seller makes no warrantees as to transferability. 

Wildlife

Mule Deer, Pronghorn and Elk, as well as Prairie Chicken, Sharp-tail and Coyote can often be seen on the property.  

Taxes

2023 Taxes were: Harding County: $2,789.80; Perkins County: $21,553.24 

Terms & Conditions
  • An owner’s policy of title insurance will be provided with cost divided equally between Buyer and Seller. Preliminary Title Commitment is available for review prior to the auction at HewittLandCompany.com   
  • The property is being sold “as-is, where-is” and each bidder should conduct his/her own due-diligence related to the property both on-site and off.    
  • The bidder acknowledges that if a bid is submitted during the auction, the bid may become the high bid and therefore obligate the bidder to purchase the tract(s) or parcel(s) at the bid price.    
  • The minimum bid increase will be at the discretion of the Auctioneer. Bids will be recognized in the order received.   
  • Hewitt Land Company reserves the right to reject any and all bids for any reason. It also reserves the right to cancel an auction or remove any item or lot from this auction prior to the close of bidding.  
  • Both the winning bidder and Seller shall hold Hewitt Land Company harmless for any liabilities or expenses resulting from either Bidder’s or Seller’s failure to fulfill any obligations set forth in these Terms and Conditions.  
  • The property will be offered in Six Tracts and in Combination, selling in the manner realizing the greater return. Property sells subject to seller confirmation. At the conclusion of the auction successful bidders shall enter into a purchase agreement and deposit 10% nonrefundable earnest money with the balance due in certified funds upon closing, on or before February 25, 2025. Any early or later closing will be by mutual agreement. Property will be sold without buyer contingency of any kind. Have financial arrangements secured prior to bidding. Property shall be sold by legal description only. No warrantees or representation is made regarding actual acreage. All information has been derived from sources deemed reliable; however, neither Seller nor the Auctioneers/Brokers are making any guarantees or warranties, actual or implied. Property selling “As-is where is”. Inspect to the extent deemed necessary both on and off premises and use your own judgement when bidding. Announcements made at auction take precedence over any prior printed or oral representations.   
  • Possession: Possession of property will be granted at closing. 
  • Title: Marketable title will be transferred by Warranty Deed, subject to easements, restrictions, covenants and/or reservations of record. A title insurance policy will be available for your inspection prior to the auction. An owners policy shall be provided with costs divided equally between buyer and seller  
  • Taxes: The 2024 taxes due in 2025 shall be paid by the Seller. 2025 taxes due in 2026 shall be prorated to the date of closing.  
  • Representation: Hewitt Land Company Represents the Sellers in this Transaction. Broker Participation is invited (form and deadline required).   
  • Owner: Philip S. Jerde and Jill M. Jerde 
  • Online Bids: Registrations for online bidders and Buyer’s Agents must be completed no later than 6:00 p.m. on Monday December 9, 2024. 
Tract Descriptions

Tract 1: HQ Consisting of 377.7+/- Ac. (38.85 ac. hayland) 

  • Tract 1 is the main HQ tract and includes the main residence and support buildings. The residence is a 4,560 sq ft 8 bedroom – 4 bath, Lodge style home. The home has recently had new windows, exterior, roof and flooring installed and features great room, open kitchen, loft, office, basement and attached three stall garage. Peggy Creek traverses the acreage which includes a newly constructed 6 ac. reservoir, scenic buttes and multiple shelterbelts. There are two wells located on Tract 1, one of which is tied into the pipeline network. In the event the property sells in Tracts, an access and utility easement shall be retained for Tract 1 along the existing driveway to Zeona Rd.

Tract 2: Consisting of 2,218.4+/- Ac. (188.83+/- ac. hayland)

  • Situated directly south and east of the HQ tract, Tract 2 is a remarkably diverse and productive tract. The topography varies from high grassy buttes separated by lush draws and meadows. There are several well positioned reservoirs along with the “big dog” well and pipeline network. The Tract is cross-fenced into numerous pastures and the fences are in excellent condition. In the event either Tracts 2 or 3 sell separately, a two-year well and pipeline agreement shall be retained.  

Tract 3: ‘Northridge’ Consisting of approximately 1,097 Ac.

  • Tract 3 lies north of the HQ tract and east of Zeona Rd., and is comprised of well sodded native grassland. This Tract will be surveyed and Platted prior to closing. The acreage is approximate and may change pending survey. The final purchase price will be based on the actual acreage determined by survey and plat. In the event Tracts 2 and 3 sell separately, there will be a two-year well-share and pipeline easement reserved for the benefit of Tract 3.  

Tract 4: ‘East Zeona’ Consisting of, 1,190.65+/-Ac. (658.94 ac.+/- hayland)

  • This Tract lies adjacent to Zeona Rd for 2 miles and includes 658.94 acres productive hayland! The balance of the tract is well sodded native pasture. This tract is watered by the pipeline network along with several well positioned reservoirs. A functional set of corral improvements is located on this tract. (The free-standing buffalo corral panels are not included in the sale). The property is well fenced and cross-fenced with multiple smaller traps close to the corrals. In the event tracts 4 and 5 sell separately, a survey shall be conducted prior to closing and any adjustment in acreage will be used to determine the final sale price; and a two-year well share and pipeline easement shall be reserved for the benefit of Tract 4. 

Tract 5: ‘West Zeona’ Consisting of 1,160.95+/- Ac., (473.01+/- ac. hayland)

  • Tract 5 lies adjacent to Zeona Rd for 1.75 miles and is comprised of productive hay meadows and strong native grass. The tract is fenced and cross-fenced into several sizeable pastures. There is a well located on Tract 5 which is tied into the pipeline network extending to the rest of the offering. In the event the tracts sell separately, a two-year well share and pipeline easement shall be reserved. In the event Tract 4 and 5 sell separately, a survey shall be conducted prior to closing to determine the exact acreage and any adjustment will be used to determine the final sale price.  

Tract 6: ‘Harding County’ Consisting of 2,559.31 +/- Ac.

  • This tract is comprised of native grassland and the grass cover and rugged topography make this an outstanding grazing unit! There is one electric well and an old windmill located on Tract 6, along with a long, wet draw with numerous reservoirs and water holes. As with the entire ranch, Mule Deer, Pronghorn and Elk, as well as Prairie Chicken, Sharp-tail and Coyote can often be seen on the property.  

Contact Us

Tanner Hewitt, Broker Associate: Rapid City, SD Office, (605) 490-7952

Tyson Hewitt, Broker Associate: Rapid City, SD Office, (605) 206-0034

JD Hewitt, Managing Broker: Rapid City, SD Office, (605) 347-1100

Ask a Question or Schedule a Visit

The information provided by Hewitt Land Company has been obtained from sources deemed to be reliable, but is not guaranteed or warranted by Hewitt Land Company or the sellers of these properties. It is the responsibility of the prospective buyer to independently confirm the accuracy and completeness of this information. Prospective buyers and advisors are encouraged to do their own due diligence in regard to tax, financial and legal matters, and to determine the suitability of a specific property to the buyer's needs. This offering is subject to errors, omissions, prior sale, price change, correction or withdrawal from the market without notice. All references are approximate. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. Sellers reserve the right to accept or reject any and all offers without liability to any buyer or cooperating broker. Fences may or may not be located along property borders.