Galen Chase

$850,000

117 Acres

Shoshoni, Wyoming, 82648

This 117 acre property is located directly off and north of US Hwy 26 on the western shoreline of Boysen Reservoir. It’s only about 5 miles west of Shoshoni and 17 miles north of Riverton, WY. Riverton is the county seat for Fremont County and is home to Central Wyoming Regional Airport, a two-year junior college, a full-care hospital, a K-12 school system, and has all your shopping needs with stores like Walmart. Shoshoni is much smaller but enjoys many of the benefits of larger towns, like the fact that it also has a K-12 school. Casper, the second largest city in Wyoming, is only 1.5 hours away.Native LandAbout half the property is more or less native with small gullies, gentle rocky outcroppings, and wetland areas filled with towering cottonwoods and other native trees. The Midvale Irrigation Ditch runs through it providing stock and irrigation water during the summer months while it’s running. There is an older set of corrals and a smaller granary, both located in an area that would make a very nice building site. The views from this location are awesome and the topography appears well-suited for building. It’s been a while since any livestock have used the property, but it would make a great small acreage cattle and/or sheep operation, or even an equestrian operation would do well there.Farmland (63.1± ac)The property has 3 separate hay-producing fields that are irrigated using gated pipes and water from the Midvale Irrigation District. The west field is mostly grass with some alfalfa; the east field has a lot of alfalfa, but also grass; the north field is a newer stand of mostly alfalfa. The current harvest amounts are not known but they should be typical of the area respective of the type of forage.)The classification, acres, and cost are as follows:36.5 acres class 3 @ $1.25/ac26.6 class 4 acres @ $.50/acTotal annual irrigation cost for 2023: $1,773Recreational LandThe fact that this property is located practically in the center of the state means access to all the state’s recreational treasures is no more than a half-day drive. Most notable of these would be Yellowstone, Jackson Hole, Flaming Gorge, Cheyenne (state capital), and Devil’s Tower. But in particular, Boysen Reservoir and State Park are one of the state’s best known boating and fishing destinations and this property adjoins it. The Owl Creek Mountains are just a short drive to the north for day trips, hikes, and other outdoor adventures. The famed Wind River Canyon that cuts through the Owl Mountains is a sight to behold but is also considered one of the best fly-fishing rivers in all of Wyoming, which is saying something. The wild and unruly Wind River Mountains, which frame the views of the skyline to the west (from the property), are a short drive away, as well. If you want to enjoy a fun night out, with big city entertainment and fun, The Wind River Casino and Hotel is only 20 miles south of the Property. But, you don’t need to leave the property to enjoy watching and/or hunting for upland and waterfowl, deer, and small game that all enjoy the cover from the trees and topography, and the abundant water and feed resources. Plus, across the fence to the north is all Boysen State Park, for your recreation and viewing enjoyment.Broker’s CommentsThe comments above pretty well describe the opportunities that come with this property, but from a general market perspective, this is a unique offering because of its location. The simple fact is that it is next to and overlooking Boysen Reservoir, and it enjoys the viewshed protection of the State Park to the north. I think you will have a hard time finding any other property like this one. Give us a call, if you’d like more information on it or just to chat more about it.

$2,995,000

43 Acres

Sheridan, Wyoming, 82801

Rocknhat RanchThe Rocknhat Ranch epitomizes the Sheridan, Wyoming small ranch experience. With huge, unobstructed views, and at just over 43 acres, this meticulously maintained equestrian property, adjacent to over 7,260 acres of Wyoming State Land, is just a little over 7 miles southeast of downtown Sheridan, Wyoming- one of the premier lifestyle destinations in the American West.Offering the best of the West, this compact agricultural property has a beautiful, custom log home; excellent irrigation that includes 25 shares of stored Kearny water for irrigation anywhere on the property, plus 30.7 acres of adjudicated water rights; a roping arena and round pen with sand, and indoor arena with tack room; fabulous views of the Bighorn Mountains, and an amazing large outdoor recreation area of Wyoming State land right out the back gate for riding, hiking, hunting, or sightseeing.With a rustic, yet refined log home, built to the highest of standards by legendary log home builder- Kurt Luplow, it has the ambiance of a lodge, and the assurance that it's structurally very sound and beautiful with the warmth of logs. It’s perfectly located with unobstructed, world-class views of the Bighorn Mountain “skyscrapers” - including Cloud Peak (13,173’), Blacktooth (13,005’), Mount Woolsey (12,979’), Bomber Mountain (12,854’). In the "tax-friendliest" state of Wyoming, the Rocknhat Ranch gives the perfect blend of privacy and proximity to Sheridan’s amenities. This small ranch not only has the best views in Sheridan County, and premier location, but with its water rights, equestrian facilities and thousands of acres of adjacent public land, it is the perfect rural Wyoming property. Additionally, to truly make it a great equestrian property, the owners developed a beautiful outdoor arena with sand for good footing, plus they built a round pen, and they have an indoor barn large enough for some indoor riding, a tack room, and equipment storage.One can work as hard, or as little as one wants. The systems are all in place to maximize enjoyment without undo labor The Log HomeThe log home was custom built by renowned log home builder, the late Kurt Luplow. His homes are legendary for their quality and craftsmanship. Not one to cut corners, he specifically selected logs that would run the entire length of a wall without splices. The logs for this home were selected after a fire in northern Montana, and due to having been in a fire, and properly harvested, the integrity of the logs was maintained and the insulative properties are excellent. The Land, Water and Water RightsGently rising above US Highway 14, the land has Prairie Dog Ditch #7 running through, from which the irrigation water is delivered. Consider that it has excellent water rights and a sprinkler irrigation system to keep the meadows/horse pasture green and productive, even in very dry years.The owners secured a “Modern Day Water Right” for 30.7 adjudicated acres, but also purchased 25 shares of highly coveted Kearny Reservoir water (these will convey), which can be used anywhere on the property to supplement their adjudicated irrigation water, even after the adjudicated water is gone for the year. With this water, they can irrigate the entire property if they want, to keep the landscape green and productive. The productive meadows can yield up to 68 big round bales and 57 small square bales with fertilizer, and always grazing for the horses. Even in extremely dry years, this water is used into October. The water is pumped out of Prairie Dog Ditch #7 to 3 sprinklers (a big gun, and two mini-guns) via a buried pipeline. This pipeline adequately services the entire property. Additionally, the pipeline flows to an 8,000-gallon storage tank at the very top of the property, which can be used to backflow through the system if necessary for whatever reason one might need it.State LandNot to be overlooked, this large parcel of State land is immediately adjacent to the property and one can walk or ride out onto it for non-motorized recreational purposes. It offers miles of riding or hiking, plus it’s known to produce large mule deer and elk. Perhaps best of all, it gives one the opportunity to just go enjoy pure Wyoming land in privacy.Equestrian FacilitiesThe arena (235’x107’ with a 6’ return alley and roping chute), used for roping, could be used for any number of equestrian disciplines. Due to the imported sand, this arena has excellent footing and will provide years of enjoyment, especially with the stunning views.The Indoor Arena/Barn offers a nice place to do some groundwork with horses and indoor riding during inclement weather, plus it has a nice heated tack room, and there’s still plenty of room to park equipment out of the weather.The 60’ Round Pen with sand footing offers a place to start horses, or just to work a young horse before roping, or heading out to the State Land.

$1,800,000

3.28 Acres

Sheridan, Wyoming, 82801

Adjacent to the 80-acre Big Horn Equestrian Center, and immediately behind the Clubhouse, with sweeping views of the polo fields and the Bighorn Mountains, Creekside at Birdfarm (354 Bird Farm Road) offers a wonderful cowboy-cosmopolitan and equestrian lifestyle within 20 minutes of Downtown Sheridan, WY- one of the most desirable and truly western communities in America. Whether you’re a polo or equestrian enthusiast, or you just like the ambiance of the lifestyle and the friendliness of the community, this property will give you many equestrian amenities while nourishing your soul with Bighorn Mountain Foothills views, the “Sheridan-Lifestyle” and Wyoming’s amazing low taxes.This property is fully set up for the equestrian lifestyle. Owned by a polo player and professional horsewoman, it has been completely designed with polo and/or equestrian activities in mind. Since it’s adjacent to the Big Horn Equestrian Center, one can warm a horse up in the round pen and ride right out the gate to the fields.The Big Horn Equestrian Center offers a variety of events May-September each year, but even in the off-season, one can watch elk and deer on the fields. Equestrian Hills Subdivision residents, with a signed Riding Release Form, have the convenience, ability and privilege (for a small user fee of $150 and above) of walking or riding on the 80-acre Equestrian Center (weather and field conditions permitting).The Property:This 3.28 acre equestrian property has a 4 bedroom, 3-½ bath home, completely and exquisitely remodeled with a rustic-elegant flair that is not only very comfortable and inviting, but practical and functional. In addition to a lovely home, this property has a renovated and updated barn, which is now functional for horses (5 oversized stalls and a tack room). Just outside the barn is a brand new 55’ round pen with washed sand for excellent footing. Furthermore, a new 20’x40’ steel hay barn and two 12’x24’ run-in shelters were added, along with 2,800’ of flex pipe water line to the barn and two new Ritchie heated drinkers. New paddocks were created with 3-rail, pressure treated posts and rails, making this property extremely horse-friendly, simple, and convenient. Additionally a 30 amp plug in has been added for horse trailers or seasonal guests.

$64,495,000

7,444 Acres

Wyoming, 82801

Chase Brothers, LLC and Icon Global is pleased to represent the international marketing and sales campaign of the iconic Cato Ranch.Cato Ranch HighlightsAcreage7,447± Total6,447± Deeded640± State lease360± Private LeaseFeaturesCarrying capacity of approx. 1100 head; 600 cows or pairs and 500 plus yearlingsIntensively managed grazing and irrigation systemsThe Cato Ranch StoryA historic legendary Wyoming masterpiece at the foot of the Bighorn Mountains, established in 1876 as PK Ranch, this ranch played a significant role in the development of rodeo and American polo. The era of this ranch and the legacy of its entrepreneurial stewards, the Cato family, are legendary.Cato is a legacy ranch that continues to operate as a professionally managed working cattle ranch, utilizing regenerative-focused, intensively managed grazing and irrigation systems to enhance wildlife populations, increase land productivity, optimize livestock production, and improve ranch profitability.Nestled amid the rolling foothills and sun-drenched prairies of the American West, the Cato Ranch stands as a symbol of enduring tradition, ingenuity, and the evolving story of the nation’s heartland. Like so many storied spreads, it occupies a special place in the history of the West. Tales of legendary rodeos, midnight cattle drives, and encounters with wildlife, wild cowboys, and Indians have become part of local lore, passed down from one generation to the next.The Story of The Cato Ranch is, ultimately the story of the American West itself: Family and land, tradition and transformation.Brokers' CommentsThe Cato Ranch is a significant landmark and an iconic symbol of Wyoming’s heritage. It is one of the oldest and most historic working cattle ranches in Sheridan County, predating Wyoming’s statehood by 14 years. Formerly known as the Soldier Creek PK Ranch (established in 1876) and now called the Cato Ranch, it has long defined the essence of Sheridan’s history and western life. Its status as a legacy ranch is confirmed by the fact that it continues to operate as a large, 7,440-acre, professionally managed working cattle ranch that uses regenerative and intensive grazing systems to boost productivity and profitability. With its nutrient-rich soils, abundant water, and temperate climate, the ranch is a sanctuary for both livestock and wildlife. The quality and charm of the homes and buildings at the headquarters enhance the ranch’s appeal, blending historical character with modern functionality. Easily accessible and just 20 minutes from Sheridan, WY, and all its amenities, the Cato Ranch presents a once-in-a-generation opportunity to own a ranch of its size, character, and beauty in what is arguably the best real estate area in the country.— Galen Chase, Chase Brothers, LLCThe Cato Ranch represents an extraordinary investment opportunity on multiple levels. The property epitomizes the concept of “Natural Capital” with an abundance of water rights, fertile soils, and expansive grasslands. Moreover, the Cato exemplifies the essence of astute real estate investment in any asset class: Location, Location, Location.All of this is wrapped in nature’s stunning package, and tied with a bow – featuring unobstructed views in every direction , surrounded by contiguous land and other ranches under conservation, all this combine’s to offer stunning unobstructed vistas of the Bighorn Mountains — a position of privacy and tranquility which will remain forever unchanged, welcoming one spectacular season after another, each and every year.