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DESCRIPTION AND VALUE 3

CONTENTS

Description and value

DESCRIPTION
The lodge property is located on 22 acres and consists of two one acre stock fish ponds, and has one 24'x48'
storage building, five water wells, a 1440 sq. ft. two bedroom/ one bath home built in 2003, and numerous small
storage buildings. Also, a full 24' x 40' foundation with 3' above ground concrete walls that could be used as either a
greenhouse or as additional bedrooms with gorgeous mountain views. Five Rivers Lodge consists of the following:

31,000 +/-sq ft lodge building
36'x 30' great room
13 guest bedrooms each with full baths & approximately 600 sq. ft.
3 staff bedrooms/guest bedrooms with full baths
1 chefs bedroom and full bath
4 extra guest bath rooms
2448 sq. ft. owners unit with full bath. Note* could be easily converted into more guest rooms
48' x 30' dining room
1296 sq. ft. all in one hors d'oeuvre kitchen & cocktail meeting area
1080 sq. ft. commercial kitchen, prep area and dish washing station plus a 10'x12' baking area
A 12'x 20' walk-in cooler and a 12'x 16' walk-in freezer
1764 sq. ft. of meeting & library area
864 sq. ft. of small meeting room and library
3 large laundry rooms
760 sq. ft. fly shop with custom trim and fly cases with over 2,500 individual bins for the flies
Value of Five Rivers Lodge based on the replacement method:
Land value for 22 acres@ $4,000 per acre = $ 115,000
Two 1 ac. ponds with docks, bridges and fish = $ 120,000
1440 sq. ft. house @ $105 per sq. ft = $ 151,200
Five water wells@ $15,000 per well = $ 75,000
20,000=/- sq. ft. of redwood deck. labor and material @ $14 per sq. ft = $ 280,000
Fly shop furnishings and inventory at wholesale = $ 320,000
Lodge furnishings = $ 140,000
Lodge equipment kitchen/garden etc.= $ 70,000
4 miles of natural gas line to service the lodge = $ 45,000
Subtotal without lodge building $ 1,316,000
31,000 sq. ft. Lodge building @ 120 per sq. ft. + $ 3,720,000
#1 Total Value $ 5,036,200
Subtotal (from above) without lodge building $1,409,200
31,000 sq. ft. lodge building @ $95 per sq. ft + $ 2,945,000
#2 Total Value $ 4,354,000