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PN Ranch

$21,500,000 Winifred, MT 20,722± Deeded Acres

Overview

Executive Summary

The 48,594± acre PN Ranch lies just north of the small community of Winifred, about 55 miles north of Lewistown, at the confluence of the Judith and the Missouri rivers. It includes approximately fourteen miles along the south side of the Missouri and nine miles of both banks of the Judith, and portions of the ranch are a part of the Upper Missouri River Breaks National Monument, the Missouri National Wild and Scenic River, and the Dog Creek Wilderness Study Area, giving it importance and credibility on a national stage. Its 20,722± deeded acres contain extensive bottomlands with 561± irrigated acres that include three pivots. When combined with good basic operating improvements and nearly 48,000± acres of strong grass country, of which 4,200± is improved pasture (formerly CRP) and 657± acres are currently enrolled in CRP though 2021, the ranch is estimated to support 1,500 animal units on an average year with the future capacity to run even more. Lewis and Clark set up camp on this site in 1805. Fifty-one years later it became the first military post in Montana Territory providing a base of commerce for fur traders and riverboats. As the territory was settled and livestock was introduced, these lands became established as the PN Ranch, representing one of the oldest working cattle ranches in Montana. The lands are also home to a rich variety of wildlife including whitetail and mule deer, elk, antelope and upland birds which thrive in the thousands of acres of tall grasses. The deer, in particular, grow large and many likely die of old age in this rugged Missouri Breaks country. There is also a large population of bighorn sheep and many believe that these rams may be amongst the largest in the world. With modest but practical improvements that include an historic home, the PN Ranch is a remote, scenic and wild operating cattle ranch that has played an important role in the history books of Montana.

Just the Facts

  • 48,594± total acres (20,722± deeded acres)
  • 25± miles of combined Missouri and Judith River frontage
  • 4,244± acres former CRP/improved pasture
  • 657±  acres in CRP through 2021
  • 561± irrigated acres
  • Sharptail grouse, Hungarian partridge, and pheasant habitat
  • Big game includes mule deer, whitetail deer, antelope, elk, bighorn sheep
  • 1,500 AU cattle operation
  • $3,000,000 estimated value of the included cattle, equipment, tools, feed
  • 22 miles north of Winifred, Montana
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Tim Murphy
Real Estate Partner
Bozeman, MT
Client Stories | Yellowstone River in the Paradise Valley

Tim brought two colleagues to the property initially, leveraging years of experience and perspective related to valuation.

I had the pleasure of working with Tim Murphy on the sale of a family property in Paradise Valley, Montana. I interviewed four agents in the Bozeman and Livingston markets and selected Hall and Hall because of the agency’s reputation for expertise in high-end ranch property and global marketing....

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Tim Murphy
Real Estate Partner
Bozeman, MT