Stewart Family Ranches

Tim Castello [email protected] Phone. 702.604.2142 Mike Chernine [email protected] Phone. 702.496.2223

Brasscap Brokerage

5960 S. Rainbow Suite 300 Las Vegas, NV 89141 Direct. 702.848.2222

Hiko Ranch

Stewart Nevada Enterprises, LLC.

Crystal Springs

Nevada Rock & Sand Company

Stewart Family Ranch

Hiko North Land

Land/Acres

Water - Acre Feet

Fee Simple

1,691.80

2,930.70

• BLM Lease Property

142.44

• Cultivated Property

586.20 ( included in fee simple)



Hiko South Property Fee Simple 186.77

Crystal Springs Land Land/Acres Water - Acre Feet Fee Simple •Diversified Pasture (cultivated)

675.04 1,213 384.90 ( included in fee simple)

Pahroc Land / Water Fee Simple

40.00

• Small Spring Water Indeterminate amount - used for stock water • Grazing Rights - ANIMAL UNIT MONTH

• Total Authorized Allotments 6,723 AUMs (199,724 Acres)

Sales Price:

Hiko Ranch Crystal Springs Ranch

$5,000,000 $5,000,000

Hiko Ranch History

Stewart’s Hiko Ranch came into being soon after World War II when four of the six Stewart brothers – Gilbert, Alden, Neil, and Harold – homesteaded the land under the Desert Land Entry Act and the Pittman Underground Water Act. Alden, Neil, and Harold had just returned home from combat in the War. Electric power lines did not reach the ranch site, the brothers needed funds not just to drill wells but also to purchase diesel generators. They got the money from Neil’s wife, Velma, who had saved $5,000 from her earnings and Neil’s combat pay while he was overseas ($55,000 in today’s values). She had saved the money to buy the couple’s first home they could call their own, something she would not get for another eight years. The brothers irrigated about 600 acres, using over-night reservoirs and flood irrigating. They fenced the land using war-surplus concertina wire and cedar posts cut and hauled from Delamar Mountain. They were tremendously proud of their first stacks of baled alfalfa hay. They had made a stretch of desert green and productive.

Furthermore, in the 1960’s, their brother Cyril acquired the Ranch from his brothers, but in the 1980’s Alden, Neil, Harold and another brother, Gerald, acquired the Ranch back from Cyril. At that time, under Neil’s supervision, wheel lines were installed for irrigation. In 2002, Neil’s family became the sole owner of the Ranch and converted the irrigation system to center-pivots. The family also managed after much effort to reacquire previously lost water rights so as to return production to the original 600-acre level. In the process, the family drilled new wells, naming the most productive “Velma’s Well.” (In the late 1940’s, the brothers had named the wells dug with Velma’s money after themselves; hence the references to this day to “Alden’s Well” and “Harold’s Well.”) The Ranch is now farmed using best agricultural practices. The farmer is Paul Mathews, a highly respected community and church leader in Lincoln County.

Hiko

Las Vegas

Stewart Family Ranch 40 acre fee simple Pahroc land

PAHROC

Stewart Family Ranch

CRYSTAL SPRINGS

Crystal Springs is currently operating as a cattle ranch with close to 600 head of cattle utilizing water from the spring for the ranching & farming operations.

Stewart Family Ranch Hiko / 600 acres currently being farmed for alfalfa and corn. - $50,000 annual income from lease / Paul Mathews-tenant/lessor.

HIKO NORTH

Stewart Family Ranch

HIKO NORTH

Hiko property is currently operated off of seven separate wells pumping ground water to irrigate the farm and water a few hundred head of cattle.

Stewart Family Ranch Crystal Springs - stables - corrals - barns - fenced - power -septic

Hiko Ranch - stables - corrals - barns - fenced - power -septic

Hiko North Ranch

Crystal Springs Ranch

Crystal Springs Ranch

Stewart Family Ranch

Hiko

Hiko Crystal Springs Las Vegas

Las Vegas

Las Vegas, NV Get on I-515 N/US-93 N/US-95 N from N 4th St 2 min (0.7 mi)

Follow I-15 N/US-93 N and Great Basin Hwy to Stewart Ranch Rd in Lincoln County 1 h 41 min (114 mi)

Drive to your destination in Hiko 4 min (1.5 mi)

Hiko, NV

Brasscap Brokerage

5960 S. Rainbow Suite 300 Las Vegas, NV 89141 Direct. 702.848.2222

Mike Chernine [email protected] Phone. 702.496.2223

Tim Castello [email protected] Phone. 702.604.2142