For Sale

Mullenger Ranch

$4,320,000 Beulah, WY 960± Deeded Acres

Overview

Executive Summary

Tucked in the scenic Wyoming Black Hills, just 17 miles northwest of Spearfish and four miles northeast of Beulah, the Mullenger Ranch presents a rare opportunity to own a Black Hills property with significant recreational appeal. Encompassing approximately 960± deeded acres and surrounded by expansive neighboring holdings, the ranch offers remarkable privacy and seclusion. Its diverse landscape showcases rolling meadows, wooded draws, striking rimrock outcrops, and elevated plateaus—each contributing to sweeping views and exceptional wildlife habitat. The varied topography provides numerous ideal sites for a custom home or secluded mountain retreat. Deep, timber-lined canyons shaded by Ponderosa pines and oak trees conceal natural springs and ponds, while an artesian-fed pipeline delivers water to improved tanks for livestock and game alike. The ranch supports a rich wildlife population, including elk, mule deer, whitetail deer, turkey, bald and golden eagles, falcons, hawks, owls, bobcats, and mountain lions.

Carefully managed and thoughtfully preserved, Mullenger Ranch is a standout recreational retreat with excellent wildlife resources and solid grazing for livestock.

Just the Facts

  • Acreage: Approximately 960± deeded acres
  • Elevation: Ranges from 3,500 to 4,000 feet, ideal for year-round access and varied terrain
  • Topography: A striking mix of timbered canyons, open hillsides, and grassy plateaus
  • Water Resources: Two spring-fed ponds, multiple natural springs, and an artesian-fed pipeline system for livestock and wildlife
  • Wildlife: Frequent sightings of elk, mule and whitetail deer, wild turkey, mountain lions, bobcats, falcons, and both golden and bald eagles
  • Landscape: Scenic blend of timbered canyons, open ridgelines, and native grass plateaus, perfect for horseback riding, hiking, or a future home site
  • Overview: A premier hunting and recreational retreat, with strong water infrastructure and outstanding natural beauty
mike fraley listing image
Mike Fraley
Director, Real Estate Partner
Sheridan, WY
Client Stories | South of Rapid City

Mike's ranching background, thoughtfulness and attention to detail all made for a smooth and successful closing.

Working with Mike Fraley to sell our family ranch was truly a pleasure throughout the process. He handled everything with skill and integrity, from family emotions and interfacing with ranch hands, to managing showings without interfering with ranching operations and expertly handling all the...

mike fraley headshot
Mike Fraley
Director, Real Estate Partner
Sheridan, WY