For Sale

Y-3 Ranch

$6,900,000 Sun Valley, ID 2,375± Deeded Acres

Executive Summary

Owned by the same Idaho family for nearly 50 years, the Y-3 Ranch is a longstanding, year-round cattle operation located in the lower Wood River Valley 30 miles south of Ketchum and the resort amenities of Sun Valley. The ranch consists of three separate units totaling 2,375± deeded acres plus an adjoining 600± acre state grazing lease. Combining productive sprinkler irrigated cropland and reliable summer pasture, the operation has historically supported 350± breeding cows and is currently running 200±.

Spread across 1,559± deeded acres, the headquarters unit for the Y-3 lies a mile north of Stanton Crossing and US Highway 20 in a very private setting bordered by the ranch’s state lease, lands managed by the Bureau of Land Management, and two other private ranches, including one covered by a conservation easement. Water resources at the headquarters are diverse and feature a half-mile of the Big Wood River, a 1.5± acre trout pond, and multiple springs and stock tanks. There are approximately 450 acres under irrigation with 375± acres of cropland irrigated by multiple wheel lines and a single center pivot. Ranch and residential improvements include a four-bedroom owner’s home, the original two-story farmhouse, employee housing units, equipment storage, machine shop, hay barns with covered feed bunks, and cattle-handling facilities with certified scales. Elk, deer, antelope, and moose call the headquarters home, while trout fishing is available in the river and pond. The headquarters is located in hunt unit 48 and the Smokey-Bennett elk management zone and qualifies for a landowner appreciation program tag for controlled big game hunts.

The East Magic and Timmerman units are located a short distance from the headquarters and are utilized during summer months for pasture and hay production. The 176± acre Timmerman tract lies along State Highway 75 three miles southeast of the headquarters and 15 miles south of the airport in Hailey. The property features 55± acres of irrigated pasture and cropland and an additional four acres of irrigated land managed as a tree farm planted with conifers. A 55± acre dry pasture with a seasonal spring and stock pond is located west of the irrigated lands. The Timmerman parcel also encompasses a set of older buildings currently used for employee housing purposes. Five miles southwest of Timmerman is the 640± acre East Magic unit. This unimproved parcel features strong native grasses and stock water resources that support early season grazing. Depending on annual moisture conditions and management objectives, East Magic supports 50-100 pairs for May and June before cattle are moved to Timmerman for the remainder of the summer. East Magic is easily accessible from Highway 75 on a year-round county road, and there is power to the property servicing a stock well. East Magic and Timmerman reside in hunt unit 52 and the Smokey-Bennett elk management zone and together qualify for a landowner appreciation program tag.

All three units of the Y-3 Ranch offer excellent building locations with elevated views north across the Wood River Valley to Bald Mountain, Kelly Mountain, and the peaks of the Pioneer Range. Boating, water skiing, and fishing are nearby on Magic Reservoir, and the area is home to a number of destination trout streams as well as excellent big game hunting and wingshooting for waterfowl and upland birds. Sun Valley, with its world-class skiing, fine dining and shopping, and excellent golf courses, is located just a half-hour north of the ranch.

Just the Facts

  • 2,375± deeded acres in three separate tracts plus an adjoining 600± acre State of Idaho grazing lease
  • Located 30 miles south of Ketchum/Sun Valley with easy access from public roads
  • Owned and operated as a year-round cattle ranch by the same family for nearly 50 years
  • Traditionally supports 350± breeding cows and running 200± currently
  • Adjudicated surface and groundwater rights for 514.7 acres with 425± acres of sprinkler irrigated cropland 
  • Half-mile of frontage on the Big Wood River as well as a 1.5± acre trout pond and various springs and stock tanks
  • Full set of functional ranch and residential improvements 
  • Surrounded by federal and state lands and other private ranches
  • Foothill setting offering numerous building sites with elevated views across the Wood River Valley
  • Within hunt units 48 and 52 and the Smokey-Bennett elk management zone
  • Strong conservation easement potential
  • Annual property taxes are approximately $7,360
  • Timmerman and East Magic units are available for purchase individually. Please visit hallandhall.com for more information on these offerings. 

General Description

The ranch consists of three separate units totaling 2,375± deeded acres plus an adjoining 600± acre State of Idaho grazing lease. At 1,559± deeded acres, the headquarters tract is the Y-3’s largest parcel and bordered by the ranch’s state grazing lease, lands managed by the Bureau of Land Management (BLM), and two other private ranches, including one covered by a conservation easement. Water resources at the headquarters feature a half-mile of the Big Wood River, a 1.5± acre trout pond, and multiple springs and stock tanks. There are approximately 450 acres under irrigation at the headquarters with 375± acres of cropland irrigated by multiple wheel lines and a Zimmatic center pivot. Ranch and residential improvements include a four-bedroom owner’s home, the original two-story farmhouse, employee housing units, equipment storage, machine shop, hay barns with covered feed bunks, and cattle-handling facilities with certified cattle scales. 

The East Magic and Timmerman tracts are located a short distance from the headquarters and are utilized during summer months for pasture and hay production. The 176± acre Timmerman tract features 55± acres of irrigated pasture and cropland and an additional four acres of irrigated land managed as a tree farm planted with conifers. A 55± acre dry pasture with a seasonal spring and stock pond is located west of the irrigated lands. The Timmerman parcel encompasses a set of older buildings used for employee housing purposes and is also the site of the Timmerman Hill pioneer cemetery where some of Blaine County’s earliest settlers were laid to rest. Five miles southwest of Timmerman is the 640± acre East Magic unit. This unimproved parcel features strong native grasses and stock water resources that support early season grazing. Depending on annual moisture conditions and management objectives, East Magic supports 50-100 pairs for May and June before cattle are moved to Timmerman for the remainder of the summer. There is power to the property servicing a stock well. 

All three units of the Y-3 Ranch offer excellent building locations with elevated views north across the Wood River Valley to Bald Mountain, Kelly Mountain, and the peaks of the Pioneer Range. Boating, water skiing, and fishing are nearby on Magic Reservoir, and the area is home to a number of destination trout streams as well as excellent big game hunting and wingshooting for waterfowl and upland birds. Sun Valley, with its world-class skiing, fine dining and shopping, and excellent golf courses, is located just a half-hour north of the ranch.

Broker's Comments

Insulated by large, private ranches and undeveloped BLM and state lands, the Y-3 Ranch offers amazing seclusion and privacy in a beautiful foothill setting yet is easily accessible to the communities of the Wood River Valley. The Y-3 features excellent operational flexibility and can continue to be managed as a year-round livestock operation or with a focus on seasonal grazing and hay production, equestrian pursuits, recreation, and/or wildlife habitat enhancement. The ranch is also an outstanding candidate for a conservation easement in coordination with one of the Wood River Valley’s conservation organizations active in preserving open space and working ranchlands in Blaine County. 

Learn about the locale

Location

The Y-3 Ranch is located in south central Idaho’s Wood River Valley 15 miles south of Hailey, the county seat for Blaine County and home to Friedman Memorial Airport, and 30 miles south of Ketchum and the resort amenities of Sun Valley. The headquarters tract for the Y-3 lies in a private setting approximately a mile north of US Highway 20 and the bridge at Stanton Crossing. Access to the headquarters is over land owned by the State of Idaho and a neighboring private ranch. The two additional ranch units (referred to as Timmerman and East Magic) are located a short distance from the headquarters. The Timmerman tract lies along State Highway 75 three miles southeast of the headquarters, while East Magic is situated five miles southwest of Timmerman and accessed from Highway 75 by a year-round county road. Friedman Memorial Airport in Hailey offers commercial air service through Delta, United, and Alaska/Horizon Airlines as well as a fix-based operation, Atlantic Aviation, that services and accommodates all sizes of general aviation aircraft. Estimated driving distances to major regional communities are as follows: Twin Falls, 60 miles to the south; Boise, 125 miles to the west; Idaho Falls, 130 miles to the east; Jackson Hole, 230 miles to the east; and Salt Lake City, 270 miles to the southeast. 

Locale

Located on the southern edge of the vast central Idaho wilderness, Blaine County encompasses 2,655± square miles and supports a current population of approximately 21,000. Most of the county’s residents live in the Wood River Valley communities of Hailey, Bellevue, Ketchum, and Sun Valley. Of the nearly 1.7 million acres that comprise the county, 77 percent of the landmass is state or federally owned, assuring ample open space and public lands recreation opportunities. With the Y-3 Ranch, one is able to take advantage of the amenities and activities typically found in a first-class resort community while also enjoying the low-key lifestyle afforded by rural living. As part of the larger Sun Valley community, an owner has access to one of the nation’s most prestigious year-round resort areas. Top-rated golf courses, fine dining and cultural opportunities, excellent hunting and fishing, and world-class downhill and cross-country skiing are all available within a short distance of the property. At the same time, the ranch is situated in the lower Wood River Valley which offers a lovely pastoral setting with high-quality fish and wildlife resources only minutes away from Wood River Valley’s more populated communities. Among other features, the lower valley is famous for blue ribbon trout fishing on Silver Creek, flights of ducks and geese crisscrossing the skyline, herds of elk, deer, and antelope, and working farms and ranches. With the Y-3 Ranch, an owner truly enjoys the best of everything the area offers. 

Climate

The elevation of the Y-3 Ranch averages 4,900 feet. The climate for the area is best described as semi-arid with an average humidity of 30 percent and annual precipitation of 14 inches per year. Summers are comfortable with the temperatures reaching into the 80s and cooling to the mid-50s at night. Winters are generally cold with an average maximum temperature from November through February of 35 degrees and an average minimum temperature during the same period of 13 degrees.

Learn more about the property

Acreage (Deeded & Leased)

The Y-3 Ranch consists of 2,375± deeded acres in three separate tracts: the headquarters (1,559± deeded acres), Timmerman (176± deeded acres), and East Magic (640± deeded acres). The headquarters also includes an adjoining 600± acre state grazing lease.  

Deeded Acres: 2,375±

Total Acres: 2,375±

Additional Information

The Seller is also offering the Timmerman and East Magic tracts individually as follows:

  • Timmerman -- $710,000
  • East Magic -- $850,000

Improvements

The Y-3 Ranch offers all of the infrastructure necessary for a viable livestock operation. The majority of ranch and residential improvements are located at the headquarters and include a comfortable four-bedroom owner’s home, the original two-story, four-bedroom farmhouse, two employee housing units, equipment storage, machine shop, four hay barns with covered feed bunks, and cattle-handling facilities with certified cattle scales. The Timmerman parcel encompasses a set of older buildings located used for employee housing.

Water Rights

The Y-3 Ranch holds nine surface and ground irrigation rights covering 514.7 acres. Of this total, the headquarters tract holds six irrigation rights for 455.4 acres, while the Timmerman parcel holds three irrigation rights for 59.3 acres. There are multiple stock and domestic water rights for each of the three parcels plus a recreation water right for the trout pond at the headquarters. Each of the water rights has been adjudicated through the State of Idaho’s Snake River Basin Adjudication.  

Mineral Rights

All mineral and subsurface rights owned by the Seller will transfer to the new owner at closing.

Taxes

Annual Blaine County property taxes total approximately $7,360 and breakdown as follows:

  • Headquarters – $4,910
  • Timmerman – $2,165
  • East Magic – $285

Learn about the recreational amenities

Wildlife Resources

Featuring a 1.5± acre trout pond and over a half-mile of frontage on the Big Wood River, the Y-3 offers excellent trout fishing through the season. In addition to onsite fishing opportunities, the ranch lies in the center of Idaho’s best collection of trout waters. From classic spring creek fishing on world renown Silver Creek to the excellent freestone fisheries of the Big Wood, Little Wood, and Big Lost Rivers to stillwater fishing on nearby Magic Reservoir, an owner of the Y-3 is only minutes away from an outstanding fishing experience.  

The area is also rich with upland birds and waterfowl. Chukar and Hungarian partridge are plentiful in the surrounding foothills and grasslands, while sage grouse are abundant in sagebrush stands on adjacent BLM lands. Numerous springs and spring creeks are found in the lower Wood River Valley. Because of their flow and constant temperature, these bodies of water rarely freeze in the winter, which make them a haven for migrating and wintering ducks and geese.  

The Wood River Valley is home to strong populations of big game. Elk, mule deer, antelope, and moose can all be found on the Y-3 taking advantage of the ranch’s size and insulated location. The ranch is located in units 48 and 52 and the Smokey-Bennett elk management zone and qualifies for landowner appreciation program tags for controlled big game hunts in both units. 

Recreational Considerations

In addition to hunting and trout fishing, the Sun Valley area offers a variety of high quality, year-round outdoor recreation activities only minutes away from the ranch. Winter activities include skiing on famous Bald Mountain and cross-country skiing, snowshoeing, and snowmobiling on the area’s extensive trail network. During the summer and fall, the area’s diverse topography offers unparalleled hiking, trail riding, cycling, and ATV riding. Blaine County is also blessed with tens of thousands of acres of BLM and national forest lands that provide unlimited opportunities to experience the best of Idaho’s backcountry.

Learn about the general operations

General Operations

The ranch is managed as a balanced, year-round cow-calf operation with the capacity to run up to 350 breeding cows plus bulls utilizing the Timmerman and East Magic units and state grazing lease. The owner typically carries over steer and heifer calves until April. At the headquarters, there are approximately 450 acres under irrigation with 375± acres of cropland irrigated by multiple wheel lines and a 125-acre Zimmatic center pivot. The ranch raises its own winter feed, and cattle utilize the deeded rangelands, irrigated pastures, and state lease during the grazing season. Ranch improvements at the headquarters include equipment storage, a machine shop, hay barns with covered feed bunks, and cattle-handling facilities with certified cattle scales. Depending on moisture conditions and management objectives, East Magic and Timmerman support 50-100 pairs for the summer. Cattle are hauled to East Magic in early May and remain there until July when they are moved to Timmerman for the remainder of the summer. East Magic features strong native grasses, and there is power to the property servicing a stock well. Timmerman features 55± acres of irrigated pasture and cropland. A 55± acre dry pasture with a seasonal spring and stock pond is located west of the irrigated lands.

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