Types of Wyoming Ranches for Sale

Wyoming is one of the top states with available acreage for sale to those wishing to invest in ranch ownership. Residents enjoy the state’s natural beauty, breathtaking mountain ranges, and abundant wildlife, offering unrivaled fish and game opportunities. But what kinds of ranches are available to those wishing to move to the Cowboy State? When you’re looking for a place to call your own in Wyoming, there are a few different property types to consider.

Hunting Ranches

Common big game found on Wyoming hunting ranches include whitetail deer, mule deer, elk, bear, and moose, while the most common small game hunting includes ducks and geese. The best hunting in the state is in the area surrounding the Yellowstone and Jackson Hole areas. Other attractive hunting habitats include the Green River and the Bighorn Mountains. Many recreational properties also offer convenient access to natural bodies of water for fishing.

Fishing Ranches

Fishing ranches offer unparalleled recreational opportunities for fishing enthusiasts. With private water access and the ability to add your own custom home and land improvements, the investment in a fishing ranch will be an investment you won’t regret and one that your whole family will treasure. Wyoming offers many teeming waters for fishing, including the Snake River and Green River, as well as the Bighorn River and Wind River, where fly fishers can find an abundance of cutthroat trout.

Cattle Ranches

With an ideal climate and a drive of less than three hours to Denver, the southeastern portion of Wyoming is becoming a hotspot for cattle ranches. Wyoming is home to more than 1 million cattle, especially in the southeastern counties of the state, including Albany, Platte, Goshen, Laramie, and Converse. The area also offers access to everything you need to run a successful operation. Cattle markets, feedlots, feed crops, and natural water sources are all easily accessible in southeastern Wyoming. Some cattle ranches also offer recreational opportunities for hunting and fishing.

Equestrian Ranches

The state’s scenic views and mild climate make Wyoming an ideal place for equestrian lovers to call home. A rancher can turn their horse property into an income-producing guest ranch, boarding facility, or breeding operation. Or you can simply enjoy the views and the trail rides with your own family. In your property search, try to find a ranch with existing stables and other land improvements, a place to call home, and lots of scenic trails for riding. Ranches in the southeastern portion of the state have the benefit of being close to the big city (Denver, Colorado), although the best views will be found in the northwestern sector.

Agricultural Ranches

More than 30 million acres of Wyoming ranch land is used to produce crops and livestock. The main crops are hay, wheat, barley, sugar beets, beans, and corn, with wheat and barley production bringing in tens of millions of dollars annually. If you’re looking to start an agricultural ranch in Wyoming, search for a property with large acreage, sufficient rainfall, and other favorable conditions for farming.

Final Thoughts

Ready to take a look at available offerings and buy your dream ranch home? Let Mirr Ranch Group help you locate and purchase the perfect piece of property for you and your family.

Why Ranches in Wyoming Are Perfect for New and Experienced Ranchers

Wyoming has recently gained a lot of media attention due to Kanye West’s love of the ranch properties within the state. It is hard to argue with him because ranches in Wyoming offer many benefits to investors of all types. Whether you are looking for a smaller recreational retreat or plan to move out West full time, there are plenty of options. 

Today, we will highlight why Wyoming is a great place to consider for new and experienced ranchers alike. So, read on to learn more about ranches in Wyoming.

Why Wyoming?

The Cowboy State is the 10th largest state in the USA and is home to vast swathes of uninhabited land. In parts, you are more likely to see wildlife than humans, so the state is ideal for people looking for solitude. 

The two National Parks – Yellowstone and the Grand Tetons – are the state’s crowning jewels, but you are never far away from areas of natural beauty to explore. The diverse terrain throughout the state and the lack of large cities make the state a prime habitat for a wide variety of big game, birds, and other wildlife. If you love the great outdoors, then Wyoming should be top of your list.

What Do You Want The Property For?

The first thing you should do is make a list of why you want the property. Are you planning to use it as a recreation retreat or to run an agricultural business? Do you want your ranch to be income-producing, or are you just looking to add land to your property portfolio?

New Ranchers

If you are a new rancher looking to start living off the land, then maybe starting with a smaller property in an established agricultural community would be a great place to start. Places like Wheatland in Platte County is well-known for its friendly agricultural community and excellent irrigation system. There are some ranches with small acreages in the area where you can either grow crops or run a small cattle holding.

Recreational Ranches

For investors looking for more space to enjoy recreation, then searching for properties that border mountain ranges or National Parks is a good option. Hot Springs County has some prime real estate located close to pristine wilderness. This area is home to a diverse range of big game such as elk, mule deer, moose, and bighorn sheep, so perfect for hunters. Ranches on and around the Laramie Mountains also provide ideal habitat for big game and some of the country’s best trout fishing.

Vacation Homes

Many new investors are looking to utilize ranch properties as weekend or vacation retreats. Generally, smaller ranches located close to National Parks or Public Land are ideal for vacation homes. There are several key considerations when looking for ranches as vacation homes. The first is thinking about how close you want to be to civilization and the activities you would like to do. Some ranches are very isolated and will require long drives to the nearest towns for supplies and other amenities.  You will also want easy access to nearby airports if you are planning to fly in at the weekend.

3 Reasons to Invest in Ranch Land for Sale in Wyoming

Land is and has always been a valuable commodity, and Wyoming has an abundance of it. As the least populous state in the United States, it is an excellent place to escape from the city. In fact, Wyoming doesn’t really do cities — the state capital of Cheyenne is the largest, with a population of around 60,000. 

Investors have been attracted by the wide-open spaces of Wyoming for generations, and the wealth of options available attracts modern investors. In this post, we will look at different ways that investors can gain significant returns on investment from ranch land for sale in Wyoming.

Lifestyle

The first way is related not to money but to health and well-being. The state is dominated by mountains and home to some of the country’s best national parks. The air is fresher, and air pollution is a distant concept here. 

If you imagine waking up to beautiful panoramic views of mountains and breathing in the fresh air, Wyoming ticks a lot of boxes. Being surrounded by nature provides ranch owners with many opportunities to enjoy recreational activities throughout the year, such as big game hunting, fishing, hiking, skiing, and horse riding. The lifestyle is unlike anything you will be used to in the cities, with a slower pace of life being an excellent way to get rid of stress.

Buying ranch land in Wyoming makes excellent sense if you are looking to buy a legacy ranch that can be enjoyed for generations. Properties close to Grand Teton and Yellowstone will always have value due to the fabulous location. When you factor in capital gains for any increase in land value, ranch land can be a valuable addition to your property portfolio.

Recreational Ranch

As a state filled with an abundance of wildlife, hunters and fishers are always looking for new spots far from tourists. Big game species — such as elk, bison, mountain lions, moose mule deer, and pronghorns — roam the land in large numbers. Some ranches may even lie on key mule deer, pronghorn, and elk migratory routes.

Some ranchers decide to use their ranch land as an exclusive sporting lodge, which attracts both private and corporate clients looking to enjoy an authentic Western experience. As a bonus, opting to run your ranch as an income-producing business is also a great way to gain sizeable income tax deductions for the day-to-day costs of running your ranch.

Agricultural Business 

Some new ranchers decide to buy ranch land for agricultural operations, and many areas of Wyoming are ideal for a wide range of crops and livestock. Agricultural activities in the Cowboy State bring in about $2 billion in receipts every year, making it one of the primary economic drivers. Cattle represent the largest commodity, but the mountainous terrain of the state makes it ideal for the outstanding wool and sheep products that the state has become famous for.

Other key agricultural products in the state include hay, sugar beets, barley, and corn. If you’re new to ranching, then hiring a ranch management team would be a sound investment, as they could put a crop management system in place and take care of day-to-day operations. One other point to note is that in Wyoming, agricultural property is taxed on its production value, not its market value, which can lead to significant savings in property taxes.