Adjacent to Box Cross 640
The Prairie Springs Ranch represents a limited opportunity to own a large, unencumbered agricultural property near the coveted area of Big Horn, Wyoming. From the earliest days of its founding in the late 1800s the Big Horn area south of Sheridan has been the most prized and sought after land in the area. It has attracted investors from all over the world, many of whose families are still here on the original ranch. The opportunity, though quite rare, to own land in this area still exists today in offerings like the Prairie Springs Ranch. It is one of the few remaining large acreage properties in this area that is yet to be developed but still has all its development rights; excellent water rights; unbelievable views of the mountains; plus, the location is excellent.
Savvy investors will quickly recognize the unlimited potential of this 293± acre property.
Agriculturally, it is very productive. The ranch has abundant irrigation water and many natural springs and coupled with its rich, productive soils it has ample grazing for livestock or brood mares and growing crops. Of the total acreage, approximately 270 acres are under irrigation, much of which is side roll sprinklers. Irrigation water from Big Horn Reservoir (157 shares; 88.45 A, 69.08 B) is delivered via Colorado Colony Ditch. The Big Horn Reservoir water is valuable, but restricted to adjudication and agricultural use within the Colorado Colony Ditch Co. Under current management, the farm ground is producing about 460 bales, 1,560# of mostly grass hay. With some cultivation and replanting of different crops, the property has the potential to produce close to 1000 tons of hay per year.
Recreationally, it has all kinds of wildlife, including deer, small game and many species of upland birds and waterfowl. Locals who know from experience will all brag about the abundance of deer and pheasants on the property. With all its water, natural habitat and privacy, wildlife will thrive. Topographically, the property would lend itself well to anyone with equestrian interests. It affords opportunities for a polo practice field and/or an arena for training. Additionally it has ample room for pens, paddocks for turnout and barns.
Furthermore, with its rich gravel resources, one would be able to use on-site gravel for any new roads or building pads. With the water, soils and gravel, this property is quite self-contained and offers value many opportunities for a new owner.
With its incredible views, natural beauty and the convenience of being located only about 5 miles from downtown Sheridan or 7 miles to the polo fields in Big Horn, this is the perfect property for anyone looking to build a dream home, while securing a solid real estate investment in the Sheridan area. Development potential in this area is real, so from an investment standpoint, an owner should always have that option; however, if securing the land in its current state for perpetuity is the owner’s desire, then a conservation easement might be considered for this property.
Prairie Springs Ranch offers many options and one will quickly discover these and others when on the property and experiencing it for yourself.
Call us today for any questions you might have and to set up an appointment to see it for yourself.
Associate Broker · Chase Brothers, LLC Owner
Licenses: WY 10317; MT 14250
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