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Homestead Draw RanchD U B O I S , W Y O M I N G

Homestead Draw RanchD U B O I S , W Y O M I N GIntroduction

Homestead Draw Ranch comprises 294.86 deeded acres in the

foothills of the mighty Wind River Mountains just 6 miles west

of the charming and friendly western town of Dubois, Wyoming and a

50 min drive from Jackson Hole through National Forest. The acreage

consists primarily of rolling, native sagebrush/grassland, though a

portion is dedicated to an irrigated meadow with Wind River water rights

currently used to produce quality horse hay. The property also includes

an aspen grove with year-round spring, and a forested mountainside. The

topography, though gentle, affords spectacular views of the Absaroka

Mountains—including Ramshorn Peak, a signature feature of the Dubois

area—as well as the dramatic Dubois Badlands.

Improvements include a tastefully designed, beautifully constructed,

energy-efficient 1,944sqft, 3 bedroom + loft, 2.5 bath home with large

decks and mature landscaping; an oversized 2-car detached garage; a

688sqft 2 bedroom guest cabin; a 1,024sqft horse barn with indoor and

outdoor water supply and tack-up areas, a sealed tack room, attached

paddocks, round corral, loafing sheds for horses; and large fenced

pastures. All of the improvements were constructed between 2002 and

2006.

There is convenient year round access to the ranch. The property borders

both Bureau of Land Management (BLM) and National Forest property,

enabling direct access to miles of hiking/riding trails and millions of acres

of public lands, including the vast Bridger-Teton and Shoshone National

Forests. The Wind River may be accessed through BLM land within

a few hundred feet of the property. There are countless trout fishing

opportunities nearby including mountain lakes, pristine streams, and

many sites along the legendary Wind River.

John Turner, Partner/Associate BrokerMatt MacMillan, Associate BrokerOffice 307.734.6100

WWW.LIVEWATERPROPERTIES.COMIrrigated Hay Field

Located in Fremont County,

Wyoming, Homestead Draw

Ranch is just 6 miles west

of the authentic Western

town of Dubois, at the end

of a ±1-mile private road off

of Highway 26—the main

highway leading from Dubois to Greater Yellowstone

and Grand Teton National Parks and to Jackson

Hole. Its location adjacent to the Shoshone National

Forest gives this property a backyard of ±2.4 million

acres of contiguous national forest land available for

exploration and recreation.

For those with private

aircraft, Dubois has a

municipal airport with a

6,100-foot airstrip. For

others, Jackson Hole Airport

(JAC) is 90 minutes west of

Dubois and is serviced by

Delta, United, Skywest, and American. Depending

on the time of year, there are flights from up to 14

major U.S. cities. In addition, Riverton Regional

Airport (RIW) is one hour to the east with service on

DenverAir Connection and Great Lakes Aviation

to Denver.

Location

The Homestead Draw Ranch is located less than an hour east of Jackson Hole,

Wyoming.

Warm Springs Creek on adjacent National Forest

Comprising 294.86 acres, Homestead Draw Ranch includes sagebrush-steppe grasslands and coniferous forest at elevationsranging from approximately 7,200 to 7,700 feet above sea level. At the center is a small spring-fed perennial creek. It is in a largely private location where the mighty Wind River Mountains and Absaroka Mountains meet, and there are tremendous alpine views in all directions. The ranch is located at the end of a private road that is shared by a handful of landowners.

Should new owners wish to construct an additional dwelling or other facilities, there are a number of ideal building sites.The roughly square-shaped property is bordered on the south by the Shoshone National Forest and Bureau of LandManagement lands, providing

both privacy and access to a seemingly endless expanse of public land for outdoor recreation.It would truly take a lifetime to explore the vast public lands that can be accessed directly from Homestead Draw Ranch.

Acreage

Comprising 294.86 acres, Homestead Draw Ranch includes sagebrush-steppe

grasslands and coniferous forest at elevations ranging from approximately

7,200 to 7,700 feet above sea level.

View from living room

TThough Dubois has only 1,000 permanent residents, it offers many amenities found in larger communities, including a supermarket and drugstore, museums, several restaurants, numerous shops, hunting and fishing guide services, a public swimming pool, a library, and a nine‐hole golf course. In the summer, there are a variety of public events, including a rodeo and chuckwagon dinner every Friday evening. The Wind River runs right through town, and there are spectacular mountain views in every direction. Due to its archetypal Western beauty, the area

has been chosen through the years as a location for a number of commercials and Hollywood films. American Cowboy Magazine named Dubois one of the “Best Rural Towns of 2012.” The article stated, “These ranch communities embody the big country we love. Remote and surrounded by beautiful range land and wilderness, small towns form our nation’s heart. Whether you already live in a place like this—or want to—we—honor and celebrate American community values. These are the doorways to the Cowboy Way.

Area

Dubois is an authentic Old West mountain town, with historic buildings, wooden sidewalks, and a real cowboy culture.

View of Ramshorn Peak from house

The Upper Wind River is a free-flowing natural river dominated by cutthroat trout. As the river meanders down the

valley, rainbow and brown trout populations increase, giving anglers the chance to land all three species in one

day. Public fishing access points up and down the river offer some of the best fishing near the town of Dubois.

A tract of BLM land directly adjacent to Homestead Draw Ranch at the NNW corner provides a particularly

convenient access to the Wind River, and the many tributaries of the Wind River also offer excellent fishing. For

example, a trail from the ranch house leads directly into spectacular Warm Springs Canyon and to quiet, pristine

fishing spots on Warm Springs Creek.

In addition to the amazing fisheries close to the property, there are endless angling destinations and opportunities

within a short drive from the ranch. These include the Buffalo Fork, the Snake River, and an abundance of streams

and rivers in Grand Teton and Yellowstone National Parks. There are 626 lakes and reservoirs and 2,057 miles

of streams that comprise the fishing waters of the Wind River Country. These include pristine mountain streams

rushing beneath towering granite spires, crystal clear lakes, and wide rivers twisting through stunning canyons.

Nearby Live Water:

Bisecting the valley just below the ranch, the Wind River offers some of the best and most varied fishing in the country.

Wind River nearby

House, Garage and barn

Tack room

Improvements

Nestled in a sheltered site just below the forest is the main home of 1,944sqft, with 3-bedrooms, 2.5-baths, large decks, and mature landscaping.

Being of newer construction, the home is highly energy efficient and features both forced-air heat and an auxiliary wood-burning heat stove. The master bedroom is of an en-suite design, enabling ample privacy for the owners, even while having a full complement of guests. The home has a 768sqft detached garage, oversized to allow for equipment storage or for workshop or craft facilities. Nearby is a 1,024sqft horse barn with indoor and outdoor tack-up areas, a sealed tack room, an attached paddock, indoor and outdoor water supply, a round corral, and a large fenced pasture. Along the spring creek is a 688sqft, 2-bedroom guest cabin overlooking the hay field, and an additional large fenced pasture with a detached loafing shed for horses. All of the improvements were constructed between 2002 and 2006. There is one private water well each for the main house and the guest cabin. Water rights to the spring belong exclusively to the owners of the ranch.

The current owners irrigate ±10 acres of land at the base of the property to raise certified weed-free horse hay and for horse pasture. The irrigation water is pumped from the Wind River under permit from the Wyoming State Engineer’s Office. If desired, the irrigated acreage may be roughly doubled to the size of the area irrigated historically.

BBordered by public lands, there are

many game species present on

the ranch or nearby, including elk,

moose, mule deer, whitetail deer,

bighorn sheep, and pronghorn

antelope. In addition, mountain

lions, bears, wolves, and bobcats

may be found in the area. For

bird enthusiasts, this Wyoming

ranch provides plenty of viewing

opportunities for various types of

hawks, eagles, owls,

and songbirds.

Homestead Draw Ranch is an

ideally situated, easily accessible

home base for hunting. There

are a number of guide services

operating in the area for those new

to the geography. Wyoming Game

& Fish Department hunt areas are

as follows: *Elk: Hunt Area 68, a

general hunt area with a special

limited-quota season for archery.

*Deer: Hunt Area 128 provides

a short general hunt season and

several limited-quota seasons,

including a late-season permit that

allows an especially good chance

at a trophy mule deer. *Antelope:

Hunt area 84 has two limited-

quota seasons in September and

October. Landowner permits may

be available based on the size

of the property and its extensive

utilization by game animals.

Wildlife & Hunting The location of Homestead Draw Ranch is ideal for observing a wide range of wildlife.

A person could saddle up at the horse barn and travel the same trails once used by the “Mountain Man” explorers and trappers of the early 1800s.

Just west of the ranch, where the Wind River and Absaroka mountains meet, is Togwotee Pass. Predominantly National Forest, this area in winter offers tremendous snowmobiling and backcountry skiing opportunities. Just over the pass are Grand Teton and Yellowstone National Parks, with their millions of pristine acres and several lifetimes’ worth of hiking, exploring, fishing, mountaineering, and

sightseeing opportunities. Just beyond Grand Teton Park are the Town of Jackson and Teton Village.

Together, these nearby areas provide many opportunities for hiking; biking; camping; rock-climbing; fishing and hunting; river rafting and kayaking; horseback riding; wildlife and

landscape photography; several excellent golf courses; backcountry and Nordic skiing; and, for the alpine skier, Jackson Hole Mountain Resort—recently voted #1 in the nation in a poll of skiers. The Jackson Hole Valley and the City of Jackson also provide tremendous opportunities for dining, shopping, entertainment, and cultural events.

Recreational Opportunities

Homestead Draw Ranch is a horse enthusiast’s dream. With direct access to the Shoshone National Forest and

BLM lands, there are literally thousands of miles of public trails and millions of

acres to explore.

Brooks Lake nearby

Conservation Easement:A conservation easement placed with The Nature Conservancy on 124 acres at the southern edge of the property protects the land directly adjacent to U.S. Forest Service and BLM lands from development. A conservation-minded owner could investigate placing a conservation easement on additional acreage, further protect-ing the property and possibly generating valuable tax benefits.

Wyoming Tax Benefits:Bloomberg Wealth Management magazine consistently rates Wyoming as the #1 Tax Friendly State in America for both individuals and corporations. Land ownership in Wyoming can offer significant reductions in federal income taxes through the strategic use of conservation easements while protecting this valuable resource that we all cherish. Here are the “lucky” thirteen reasons to purchase and stay in Wyoming for state residents:

• No state income tax on personal or

corporate income

• No state inheritance tax or estate tax

• No state excise taxes on gas or food

• No tax on the sale of real estate

• No state capital gains tax

• Dynasty trusts are permitted to shelter assets

from generation to generation

• Wyoming Close LLC statute

• No tax on out-of-state retirement income

• No state gift tax

• No intangible taxes on financial assets

• No personal property tax on property held for

personal use

• No tax on individual mineral interest

• Lower property taxes based on the

assessed value

Homestead Draw Ranch is a beautiful, 294.86-acre parcel tucked

away in its own private location in the Wind River Mountains

foothills with sweeping mountain views. With direct access to

the Shoshone National Forest and Bureau of Land Management

lands and proximity to Jackson Hole, Yellowstone National Park,

and Grand Teton National Park Ranch, the ranch offers endless

opportunities for outdoor recreation and sightseeing. Located

in the heart of Western history, culture, and wilderness, this is a

spectacular mountain property.

PRICE REDUCED: $1,800,000TAXES: $5,921 in 2017

CONTACT: John Turner, Partner/Associate BrokerMatt MacMillan, Associate Broker

Toll Free: 307.349.7510 | jturner@livewaterproperties.commatt@livewaterproperties.com

Summary

Notes:1) This is an exclusive listing of Live Water Properties LLC; an agent of Live Water Properties must be present to conduct a showing. The owners respectfully request that other agents and/or prospective

buyers contact Live Water Properties in advance to schedule a proper showing and do not attempt to tour or trespass the property on their own. Thank you.2) Offering subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information provided herein is intended as a general guideline and has been

provided by sources deemed reliable, but the accuracy of which we cannot guarantee.3) Live Water Properties LLC represents the Seller as a Seller’s Agent.

Homestead Draw Ranch Location Map

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