Lazy K Ranch | Encampment, Wyoming

Lazy K Ranch

Lazy K Ranch

SIZE

3,100+/- deeded acres

2,350 +/- lease acres

LOCATION

Carbon County, Wyoming

PRICE

$13,000,000

TO THE LAZY K RANCH

3,100 +/- DEEDED ACRES

1,750 +/- BLM LEASE ACRES

600 +/- STATE LEASE ACRES

HIGHLIGHTS

Surrounding the incorporated town of Encampment, WY to the north, south and west, the Lazy K Ranch consists of 3,100 +/- deeded acres benefitted by 600 +/State of Wyoming lease acres and 1,750 +/- Bureau of Land Management lease acres along the slopes of the Sierra Madre Mountains. The ranch has 750 acres of productive irrigated meadows, three sets of living improvements and two sets of working improvements. The irrigated ground has historically produced 680 tons of grass hay off of 400 acres this past year.

750 +/- IRRIGATED ACRES

LOCATION & ACCESS

The ranch borders thousands of acres of Bureau of Land Management, State of Wyoming and Forest Service lease acres with access to the Encampment River to the south, the Sierra Madre Mountains to the west, the Snowy Range Mountains to the east, and the Medicine Bow - Routt National Forest. Highway 70 divides a portion of the ranch to the west and is open year-round through the property to the closure at the National Forest boundary only a few miles up the mountain. The town of Saratoga is located 20 miles to the north of the ranch and has an airport (SAA – Shivley Field) with a 8,800’ runway, a grocery store, and several restaurants and local shops.

The ranch is located in close proximity to the following towns:

• Saratoga, Wyoming

• Rawlins, Wyoming

• Laramie, Wyoming

20 miles

62 miles

90 miles

• Steamboat, Colorado 109 miles

• Denver, Colorado 193 miles

EXCEPTIONAL MAIN RESIDENCE

6,600 +/- SQUARE FEET

IMPROVEMENTS

The 1981 custom-designed, exceptional main residence is situated overlooking a portion of the irrigated land and the town of Encampment. The home features an open living room with an immaculate stone fireplace, a dining room and large kitchen, with five bedrooms and three bathrooms – including a master suite with an adjoining office. The large glass windows throughout the home offer expansive views of the property and the beautiful, landscaped courtyard and stone terraced yard. The home is conveniently accessed off of Silver Spur Road to the west, which is a county-maintained gravel road north of Encampment. The main home and six acres are platted as a separate parcel and are zoned as Rural Residential. The rest of the ranch is zoned as RAM – Ranching, Agricultural, and Mining.

The second home and working improvements are also accessed off of Silver Spur to the east and are situated along West Cottonwood Creek. This was the original ranch homestead and headquarters and would make an excellent guest home or manager’s residence. The home was built in 1920 and is situated next to a barn, working corrals and across the road from a shop and several outbuildings.

The third home and additional working improvements are located south of the town of Encampment and are accessed off of Finley Hill Road along the North Fork of the Encampment River.

RECREATION

The terrain and ample amounts of live water support trophy elk, mule deer and antelope as well as upland birds and fish in the North Fork of the Encampment River. The Encampment/Saratoga area is well-known for its incredible fishing in the North Platte River and Encampment River, both of which are designated blue-ribbon trout streams and are only a short distance from the ranch. The ranch is located in antelope draw area 52. Highway 70 divides elk hunt area 13 and 15 and deer hunt areas 80 and 81. Elk draw areas 13 and 15 are general areas.

VIEW OF FRONT LAWN AND POND FROM MAIN HOME

LEASES

There are two Bureau of Land Mangement leases associated with the ranch. The Tennant Creek Allotment (WY11013) and the Albert H. Oldman Allotment (WY11019). The Tennant Creek Allotment lease is permitted for 126 AUMs. The Albert H. Oldman Allotment lease is permitted for a total of 46 AUMs.

The State of Wyoming lease is permitted for 120 AUMs on 600 acres (Lease #37440).

The 2021 estimated property taxes are $6,500. Wyoming offers an extremely favorable tax climate including:

• No personal income tax

• No corporate income tax

• No gross receipts tax

• No inventory tax

• Low retail sales tax

• Low property tax

• Favorable inheritance tax

• Favorable unemployment tax

WATER & MINERAL RIGHTS

WATER - The North Fork of the Encampment River, Cushman Creek and West Cottonwood Creek all flow through portions of the ranch and provide ample live water for recreation and irrigation. There are domestic wells at all of the homes and guest houses and the ranch benefits from extensive surface water rights for irrigation, copies of which are available upon request from our office.

(Note: This water right information was taken from the Wyoming State Engineer’s database. The documentation is considered to be accurate, but it is not guaranteed. Prospective buyers are expected to conduct their own independent investigation of the water rights.)

MINERALS - The Seller’s make no representation as to the ownership of the mineral rights or mineral estate on the subject property. The Sellers do not believe they own any minerals; however, there will be no mineral reservation in the deed, so if any minerals are owned by the Sellers which are appurtenant to the property that fee mineral ownership will be conveyed to the Buyer at closing.

CLIMATE & ELEVATION

The elevation along the irrigated hay meadows is approximately 7,200 feet, as you move west toward the mountains the elevation climbs to 8,200 feet in many areas.

The average summer temperature ranges from a high of 85 degrees to a low of 68 degrees. During the winter months the temperature ranges from a high of 48 degrees to a low of 6 degrees.

The annual precipitation on the ranch is approximately 16.9 inches.

Information and graphs are provided by City-Data.com.

SUBJECT PROPERTY

Why Pfister?

EXPERTISE. VISION. DEDICATION. RESULTS.

“Old West Values” because we have roots here, in a part of the country that’s known for authenticity and hard work. “New West Vision” because we’re always looking to the future, to ensure we’re in step with your needs and priorities.

These are things that matter to you, and they’re the same principles that have helped Pfister Land Company, LLC become known as one of the premier real estate firms in the West. We represent buyers and sellers throughout the west on real estate transactions. We look forward to exploring how we can help you buy or sell Western properties.