$7,200,000

5 Lane Lane
Sheridan, WY 82801

Sqft: 87,843

Acres: 227.75

Description

Property Map

This picturesque, conveniently located, one-of-a-kind property presents a unique opportunity in Sheridan County to create your own paradise. Currently zoned as Urban and Rural Residential, sectioned into numerous varying parcel sizes, the prospects are endless with this property. Whether your vision is to subdivide and develop as a major investment opportunity, open a private school, or settle down and raise livestock, the ability to be creative is unlimited. 

Known as Normative Services Inc. (NSI), a non-profit organization that provides individual and family therapy as well as life skills training, the property acts as a home base for operations. The property has been added on to over the years by the Board of Directors and other charitable donors, now encompassing over 227 acres with beautiful mountain views and an incredible location, just three minutes west from downtown Sheridan, Wyoming. Now, for the first time, it is being offered for sale as a whole. For explanatory purposes, the property will be described in four divisions: the Meadows, the Ranch, the Campus and the Creekside Home.

The Meadows: The Meadows is a cluster of six homes built in 2001, all either 4 bedroom, 2.5 bath or 4 bedroom, 3 bath. The Meadows is located on 18 acres of productive hay meadows with clear views of the mountains, which can be further developed for other uses. The homes have historically been used for staff housing at NSI, but an investor could potentially divide and sell the six homes or simply rent them at premium rates.

The Ranch: The Ranch lies on 135+/- acres along the rolling foothills of the Bighorn Mountains with Big Goose Creek winding through it. The entire parcel is zoned Urban Residential creating an opportunity for subdividing. This piece of the property includes a 3 bedroom, 2 bathroom log-built home, an insulated 1800 sq. ft. Cleary shop, loafing sheds for livestock and a stunning, original hip-roof barn, the true essence of an historic property! Running along the bottom of the Ranch is nearly a half mile of Big Goose Creek, which currently provides irrigation to 20+/- acres of hay meadow. Heading south on the Ranch, you begin to meander into rolling hills with mature grass, a productive spring and amazing mountain views perfect for cattle to roam or to create an established set of hiking trails for whatever purpose may take place on the Campus.

The Campus: One of the most unique set of improvements of any property you will come across. This division is called the Campus, as it was the central area of operations for NSI. A quick glance over the buildings includes a main office, football field and track with stadium seating, seven dormitory dwellings, five of which have classroom wings, numerous shop buildings, a medical center with attached home, and a basketball stadium with attached cafeteria and full commercial kitchen. Spreading across over 45 acres, the Campus could continue its life as a private school, or easily be converted to a youth retreat or a church camp; the possibilities are numerous. Alternatively, this picturesque location with nearly a half mile of Big Goose Creek frontage has potential for being developed into an affordable housing subdivision with existing septic systems, natural gas and municipal water already in place in.

The Creekside Home: The Creekside Home is the final division of the property, already separated onto its own 29 + -acre lot. Approximately 20 acres of the property is currently a productive irrigated hay meadow, which includes a loafing/hay storage shed, a small home and over 1,200 ft. of Big Goose Creek frontage. This lot can easily be turned into a small ranchette close to town, or potentially subdivided into smaller lots, as it is zoned Rural Residential. Conversely, if the property were to be developed as a private school or youth camp, there is a unique opportunity to incorporate agricultural education, such as hay and crop production, irrigation, livestock production and even a perfect location for building greenhouses for gardening.

Let your creativity flow as you tour this amazing, unprecedented property where the opportunities are truly boundless!

 Contact listing agent for access to additional information including maps, property inspection documents, Non disclosure agreement, terms of sale, etc. All offers will be reviewed on June 25, 2021

Property Videos

Campus

Campus from CENTURY 21 BHJ Realty, Inc. on Vimeo.

Creekside 

Creekside from CENTURY 21 BHJ Realty, Inc. on Vimeo.

The Meadows

The Meadows from CENTURY 21 BHJ Realty, Inc. on Vimeo.

The Ranch

The Ranch from CENTURY 21 BHJ Realty, Inc. on Vimeo.

Details

  • Agent: Joe Steger
  • MLS Number: 21-508
  • Property Type: House
  • construction: Various
  • roof: Various
  • List Price: 72000000
  • Land and Ranch: Yes
  • Commercial: Yes