$13,400,000

Sheridan Hills Ranch
Sheridan, WY 82801

Acres: 2,393

Description

Sheridan Hills Ranch – A Rare Large-Scale Development & Ranch Offering in One of Wyoming’s Most Coveted Corridors

Sheridan County, Wyoming
±2,400 Deeded Acres | Premier Development & Legacy Ranch Opportunity

EXECUTIVE SUMMARY

Property Overview

Sheridan Hills Ranch is one of the most significant land offerings to reach the Wyoming market in decades. Comprising approximately 2,400 deeded acres along the southeastern edge of the City of Sheridan, the ranch occupies a strategic position in the highly coveted corridor between Sheridan and Big Horn—an area known for premium estate properties, equestrian culture, and long-term value stability.

With more than 1,000 acres zoned Urban and Rural Residential, the ranch presents extraordinary small-acreage development potential at a scale unmatched anywhere in Sheridan County. This zoning flexibility, combined with its location and size, positions Sheridan Hills Ranch as a one-of-a-kind opportunity for developers, investors, conservation buyers, and legacy ranch owners.

Investment Highlights

  • ±2,400 total deeded acres in a premier location
  • 1,000+ acres zoned Urban & Rural Residential
  • One of the largest undeveloped properties bordering the City of Sheridan
  • Situated in the high-demand Sheridan–Big Horn corridor
  • No conservation easement in place—rare opportunity to implement one
  • Excellent water resources: 6 developed reservoirs (±30 acre-feet)
  • Abundant wildlife and strong recreational attributes
  • Multiple deeded access points enabling phased or multi-directional development
  • Minutes to world-class polo, Big Horn, and Sheridan
  • Easy access to the Bighorn Mountains

Location & Regional Context

Sheridan Hills Ranch lies at the gateway to one of Wyoming’s most prestigious residential and recreational areas. The northwestern border of the ranch directly meets the City of Sheridan, while the southern portion flows naturally toward Big Horn, creating a seamless connection between two of the region’s most desirable communities.

Proximity Advantages

  • 5–7 minutes to Sheridan city limits
  • 7–10 minutes to Big Horn and the Big Horn Equestrian Center
  • Immediate access to Bighorn National Forest recreation corridors
  • Surrounded by high-end estates, equestrian properties, and luxury developments

This combination of adjacency, accessibility, and scenic quality cannot be replicated elsewhere in the county.

Water, Wildlife & Natural Features

The ranch’s natural resources support both traditional ranching and high-end recreational use.
Key attributes include:

  • Six large developed reservoirs totaling nearly 30 acre-feet
  • Excellent grazing conditions
  • Diverse topography with rolling hills, grasslands, and panoramic views
  • Robust wildlife populations including mule & whitetail deer, Merriam’s turkey, and upland birds

These features strengthen its utility as a working ranch while also enhancing residential development and conservation value.

 DEVELOPMENT, CONSERVATION & LAND USE

Zoning & Development Potential

Sheridan Hills Ranch offers one of the most significant small-acreage development opportunities in the region.

Zoning Summary

  • Urban Residential (UR): Allows for smaller parcel sizes and higher-density planning
  • Rural Residential (RR): Allows for small-acreage tracts and ranchette-style development

Combined, these classifications open the door to:

  • Master-planned communities
  • Ranchette subdivisions
  • Clustered conservation-based layouts
  • Phased development with multiple access points
  • Premium small-acreage offerings with exceptional views and lifestyle appeal

With deeded access occurring at multiple locations along the ranch’s west side, the property can be developed through independent pods or as a unified master vision.

Conservation Easement Opportunity

Uniquely, the property carries no existing conservation easement—a rarity for a holding of this scale and proximity. This provides the next owner with the flexibility to:

  • Explore significant state and federal tax incentives
  • Protect key view corridors and wildlife habitat
  • Integrate a conservation subdivision strategy
  • Create long-term value through a blend of development and preservation

This freedom positions Sheridan Hills Ranch as a premier candidate for a balanced approach to growth and stewardship.

Ranching & Operational Characteristics

While development potential is exceptional, Sheridan Hills Ranch remains a fully functional ranch property:

  • Reliable water distribution via reservoirs
  • Strong forage and grazing profile
  • Excellent accessibility across the acreage
  • Ideal terrain for cattle operations, horseback riding, and recreation

Its dual nature—productive ranchland with urban-edge development capability—makes it uniquely versatile.

The Opportunity

Sheridan Hills Ranch represents:

  • A legacy-scale holding in a region where land of this size and location is almost nonexistent
  • A premier development play with rare zoning flexibility
  • A conservation opportunity with meaningful long-term value
  • A strategic investment in one of the Rocky Mountain West’s most stable and desirable markets

This is a once-in-a-generation offering suited for visionary investors, developers, ranchers, and land stewards.

Contact Joe Steger To Learn More or Schedule a Tour.

By giving us your phone number and email address, you are giving CENTURY21 BHJ Realty, Inc permission to contact you via email, phone, or text.

Contact Roger St. Clair To Learn More or Schedule a Tour.

By giving us your phone number and email address, you are giving CENTURY21 BHJ Realty, Inc permission to contact you via email, phone, or text.
 

Co-list with Hall & Hall 

Details

  • Agent: Joe Steger
  • MLS Number: 25-1239
  • Property Type: Homesites
  • List Price: 13400000
  • Residential Sites: Yes