Located just out of Encampment, this 300± pair cattle ranch, located on the slopes of the Sierra Madre Mountains, contains 4,300± total acres (2,600± acres are deeded). The ranch has 600± acres of very productive irrigated meadows with good water rights. Anchoring the ranch on the west side is a spectacular executive home that overlooks much of the irrigated land and the many small valleys and tributaries that feed it. There is also a nice practical set of improvements that take care of the working-end of the operation. The ranch is a perfect balance of scenic mountain country and production. The rolling, mountainous terrain supports trophy quality elk, mule deer and antelope, as well as blue grouse, ruffed grouse and Hungarian partridge.
Just the Facts
- 4,300± total acres (2,600± deeded, 1,100 BLM and 600 state)
- 600± irrigated acres
- 5,200± square foot executive home
- Fully functional and adequate second home and operating improvements
- Excellent hunting
- Spectacular scenery
- Located in a highly coveted area of Wyoming
- Impressive panoramic views of Sierra Madre and Snowy Range Mountains
The Half Diamond Horseshoe lies both north and west of Encampment. The main residence is a left turn to the west off Silver Spur Road up a private driveway. This spectacular executive home faces east overlooking the heart of the ranch and across the valley of the Encampment River. Just immediately south of the home is West Cottonwood Creek and a developed fishing pond filled with trout.
The working end of the ranch is immediately to the right off Silver Spur Road making it easily accessible for daily ranch activity. This was the original headquarters of the ranch and the original house is well-suited for a guest home or ranch manager’s residence. This headquarters also includes barns, corrals, shops, and all the needed improvements to run a viable cattle operation. Below the main residence and surrounding the ranch headquarter are approximately 600 irrigated acres with aspen filled draws and West Cottonwood Creek flowing through.
The mountainous portion of the ranch is contiguous and lies southwest of Encampment on both sides of State HWY 70. Continuing up the highway towards Colorado, the ranch features a combination of mountainous sagebrush slopes and dense groves of aspens with most containing flowing springs. Further up the mountain, the ranch has lodgepole and spruce pine forests that border BLM and US Forest Service land.
An immaculate and productive ranch in a convenient and scenic part of southern Wyoming, Half Diamond Horseshoe lends itself well to an absentee owner who wants a working ranch that is comfortably leased out to a local rancher. Should the new owner wish to operate the ranch, it is a well-balanced and viable operation in its own right. The recreational attributes are outstanding with trout fishing, big game, and upland bird hunting immediately out the back door.
The ranch is situated just outside Encampment, essentially bordering the town on the north and west sides. It lies at the beginning of large ranch country. The Half Diamond Horseshoe is strategically located with most of the neighboring ranches in strong hands.
The immediate area of Encampment and Saratoga to the north is considered by many to be one of the most desirable spots in Wyoming. Exceptional summertime living and recreation with a variety of amenities and activities for the enjoyment of the entire family. Encampment has plenty of recreational opportunities available in and around this scenic western town. In the summer, camping, ATVing, canoeing, fishing, rafting, hiking, horseback riding, mountain biking and kayaking are among the favorite outdoor activities of the locals. In the autumn, hunting is the activity of choice. Winter provides recreational opportunities like cross country skiing, snowmobiling and snowshoeing.
This area of Carbon County is known for some of the best river fishing in Wyoming. The Encampment River flows into the North Platte River between Encampment and Saratoga. Both rivers are famed for remarkable freestone trout fishing.
Just 30 minutes away from the ranch is the Old Baldy Club. Old Baldy provides members and guests the unique experience of superb golf on a championship golf course designed by Henry Hughes. The club also offers members exquisite dining and a multitude of activities. For more information see: http://oldbaldyclub.com/
The ranch headquarters is at 7,250 feet elevation with the altitude of the ranch ranging from approximately 7,000 feet to over 8,500 feet on the upper reaches. In general terms, the higher in elevation the ranch goes, the more snow and moisture it receives.
Climate data for Encampment shows an average temperature range in July of 78-45 degrees and an average range in January of 33-10 degrees. Annual precipitation averages approximately 14 inches with average annual snowfall of approximately 75 inches.
Acreage (Deeded & Leased)
- 3,700± acres native range, riparian, mountain slope and building sites
- 600± acres flood irrigated
- 4,300± acres total
- 600± acres State lease
- 1,100± acres BLM lease
- 2,600± acres deeded
- 4,300± acres total
WYOMING AS A TAX HAVEN
Many consider Wyoming to be one of the tax friendliest states to live in. Here are a few of the reasons:
No state income tax on personal or corporate income or out of state retirement income
No state inheritance or gift tax
No state capital gains tax
Dynasty trusts are permitted in Wyoming
No tax on personal property held for personal use
Property taxes in general are low and based on assessed values.
No taxes on the sale of real estate
Please consult a tax professional for more information and assistance in evaluating Wyoming as “tax haven”.
The ranch improvements are complete and in generally excellent condition. Half Diamond Horseshoe is distinguished by an exceptional owner’s residence estimated at over 5,200 square feet on essentially two levels. This custom-designed wood, stone and Corten steel-sided house was built in 1981 with no expense spared. The main floor features an open living room with fireplace, dining room, and modern kitchen. The east side of the home offers large glass windows providing big dramatic views, a master bedroom and bathroom, as well as 4 other bedrooms and 2.5 bathrooms. The west side of the house opens to a beautiful stone terraced back yard for entertaining and enjoying the outdoors.
The 1,724± -square foot structure was once the main residence for the ranch and is the anchor for the ranch headquarters.
This complex includes two large equipment shops, barns and a complete set of working corrals.
West Cottonwood Creek is a small live stream traversing through the ranch. The ranch also has numerous spring fed drainages throughout. Half Diamond Horseshoe has exceptional water rights that are appropriated and irrigate approximately 600 acres. Further information is available at the offices of Hall and Hall.
No mineral rights are being reserved by the sellers. A mineral search has not been completed and the seller is unsure of what interests they may own.
Estimated at $4,674, based upon previous years.
If you’re looking for incredible fishing, Carbon County Wyoming is a an ideal destination. Near Encampment there are a multitude of places to fish including the Encampment River, the North Platte River, and numerous alpine lakes. Rainbow, brown and cutthroat trout are numerous in the pristine rivers. Fishing on the ranch is provided by a small stocked trout pond immediately south of the main residence.
Half Diamond Horseshoe Ranch supports an array of wildlife species. The variety of terrain, from deep evergreen forest and high mountain deserts to riparian areas along the creeks, provides habit for a wide assortment of wild game species. Resident herds of deer, elk, and antelope are abundant. When hunting season opens, hunting pressure on nearby public lands pushes additional animals, particularly elk and mule deer, onto the ranch. Both elk and mule deer are typically found on the higher elevations of the ranch most of the year, including the early fall archery season. The high plains sagebrush portions of the ranch are ideal habitat for antelope of trophy quality. The aspen groves and mountain slopes are ideal for blue grouse, and the sagebrush contry is ideal for sage grouse, providing a variety of upland game.
The ranch is currently leased to a local rancher who does all the irrigating, puts up the hay, and grazes his cattle on the property. The current owner has a comfortable relationship with this hardworking local rancher and enjoys him as a tenant. The recently renewed 3-year lease has provisions for canceling with the sale of the property. We are not privy to the financial arrangement which we believe is somewhat fluid. The Half Diamond Horseshoe is a cattle ranch with an owner rated stocking capacity of 300 pair.
Other PropertiesMore Like This
LEK RanchStory, WY
Located 26 miles south of Sheridan adjoining Bighorn Mountains, 1,359± acre private retreat offers lovely, tasteful three-bedroom home, outbuildings, caretaker’s apartment. Live water, extensive wildlife, and a magical setting.
“Most brokers have a strong sense of independence, so brokerages work around that, but Hall and Hall is not about the one working alone—their strength and longevity is built on the group, on the family,” explains Tyler Jacobs. “It’s the basic fundamentals and traditional values that we’ve thrived on since the company was founded back in 1946.”
Our Hall and Hall broker, Randy Shelton, kept us in the loop as though it were. Our sale hinged on that of larger surrounding parcels, and when an initial offer fell through, Randy went back to the drawing board and found a suitable buyer who shared our values. That meant a lot to us, as our property had been in the family for more than 100 years.
From the first time I walked through the door, I sensed Hall and Hall’s highest goals were to understand who I was and build a relationship, to understand what made my property special, and to find the buyer. Their discipline and focus was apparent. Throughout the entire process, their approach towards reality was different from the experiences I have had previously. Genuine would be the word I would use to describe everyone at Hall and Hall.
I interviewed 4 agents and selected Hall and Hall because of the agency’s reputation for expertise in high end ranch property and global marketing. I had the pleasure of working with Tim Murphy on the sale of a family property in the Paradise Valley, Montana. We believe he represented our family interests well and contributed to the integrity of the property by joining together buyer and seller and a shared love for this special place in our lives.
Bill McDavid was an outstanding and very patient partner in this sale. His expertise in the market and marketing of the property was excellent. I would use him again in a heartbeat to either buy or sell a ranch property.
“Guns, bear spray and handsaws: These aren’t the tools of your average luxury real-estate agent. But ranch brokers like Mr. Murphy, a Bozeman-based partner at Hall & Hall, occupy a unique and increasingly challenging niche in the world of multimillion-dollar property.”
“When it was time to invest in a ranch for our family, we knew we needed to work with Hall and Hall. The expertise is unsurpassed.”
In 1988, Joel Leadbetter became a partner at Hall and Hall where he has been instrumental in completing complicated, high-profile deals such as the recent sale of Texas’ historic 512,000-acre Waggoner Ranch.
“The professionalism, preparation, and overall positive demeanor exhibited… were truly impressive… I have never before worked with a more dedicated, knowledgeable, and level-headed sales professional.”
I had been looking for the right property for several years and Elliott Davenport’s insight into the quail plantation market and his ability to think strategically was instrumental in helping me find our new place. Elliott was helpful on all technical aspects of contracting and due diligence. His post closing help with hiring and contractors made the process much easier as well.
I have purchased 4 ranches through Hall and Hall over the past 20 years, and there is simply no other team in the world like them. They have navigated complexity, professionally attended to every detail, operated with fairness and integrity, and demonstrated an unwavering commitment to me– whether representing me or the person on the other side of the deal.
Having been in our family for 70 years, selling Loveridge was a big decision for our family and we needed the right person to walk us through this process. Elliott Davenport has exceeded our expectations and represented our family very well through this sale. His depth of knowledge for the Red Hills, his critical thinking, intimate understanding of the market, and honest approach has made this process very pleasant and rewarding for us. Simply, he gets it and that has served us very well.
Positioning a high-end Luxury Farm in the market to maximize Seller value requires a special set of skills along with a true understanding of the audience. Having a National presence and the knowledge of how to market into that audience is key to executing a successful transaction. Elliott Davenport of Hall & Hall and his team of seasoned professionals are uniquely qualified to deliver these results. They exceeded our expectations! We could not be more thrilled with their performance.