For Sale

Prairie Dog Creek

$3,375,000 Banner, WY 238± Deeded Acres

Executive Summary

The Prairie Dog Creek Ranch lies about 13 miles south of Sheridan along the banks of its namesake creek. The 358± acres (238± deeded) offers a complete livestock operation, with a practical and comfortable headquarters complex and a nice balance of irrigated grass hay meadows and well sodded native pasture. The highest elevations of the ranch are on the south end topped with rocky outcroppings and grass plateaus that slope down to Prairie Dog Creek across brush filled draws and over lush irrigated hay fields. Anchoring the operation is a newly constructed owners’ residence that is extremely comfortable and perfectly suited for the ranch. Additionally, the property offers a large insulated equipment shop, an indoor arena, a livestock barn, and multiple sheds. The ranch is well suited for equine activities as there are seven sizable grass paddocks with water and four of them contain loafing sheds for protection from the elements. In summary, the Prairie Dog Creek Ranch represents a complete fully-improved small ranch within a short, paved drive of one of Wyoming’s most sought after small cities.

Just the Facts

  • Location: 13 miles south of Sheridan.
  • Acreage: 358± total acres, 238± deeded
  • Irrigation: 70± irrigated acres
  • Improvements: Beautifully built new ranch home, excellent shop, and outbuildings plus 112’ by 225’ indoor arena with roping chutes and pens.
  • Aesthetic Features: Very private with expansive Big Horn Mountain views
  • Conservation Easements: Unencumbered by conservation easement
  • Operation: Currently a purebred Red Angus operation with huge potential for use as an equestrian property.
  • Summary: An idyllic small operating ranch minutes from Sheridan. 

General Description

Upon exiting the interstate and driving a short distance through small operating ranches on Upper Prairie Dog Creek Road, the entrance to the ranch leads one to a well laid out headquarters complex. The first thing noticed is a large equipment shop and in the distance is the indoor riding arena. A little further beyond and past the grass paddocks is the newly constructed owners’ residence. It is a well-built home with 3,572 square feet on the main floor and a finished basement. Continuing on into the property to the east and south, one encounters 70± acres of irrigated meadows. Further into the ranch, one climbs up into high red bluffs with spring water trickling out and into several densely brushed draws that hold pheasant, deer, and a variety of other Wyoming wildlife. These bluffs offer a stunning backdrop for this productive ranch.

Broker's Comments

Prairie Dog Creek Ranch is immaculate and well improved in one of Wyoming’s most sought-after communities just minutes south of Sheridan. This exceptional small cattle/equestrian ranch is perfect for someone seeking quality improvements and just enough ranch to enjoy but not so much it is overwhelming!

Learn about the locale


The Prairie Dog Creek Ranch has a Banner, WY address and is located about 13 miles south of Sheridan. The ranch is on Upper Prairie Dog Creek Road, one mile east of I-90; just close enough to I-90 for easy access, but far enough down the creek for privacy. Sheridan offers commercial air service from Denver and an active Fixed Base Operator. Buffalo, to the south 20 miles, has a good public airport with a 6,143’ by 75’ asphalt strip in good condition with a somewhat smaller FBO.


The ranch is located in one of Wyoming’s most productive areas, known for higher annual precipitation, a lower elevation, a longer growing season, and milder winters. It is surrounded by prosperous small ranches that raise cattle, horses, and hay. This area enjoys a strong ranching tradition and even smaller landowners who make their living in other pursuits continue to operate their properties in a productive manner as working cattle or horse ranches.


The nearby community of Sheridan (including its satellite, Big Horn) is considered by many to be the most desirable spot in Wyoming for year-round living. At a relatively low 3,800 feet, Sheridan’s climate is mild and its growing season long by Wyoming standards. The town is prosperous and friendly and continues to attract full-time residents from across the U.S.

Sheridan has a rich western tradition. It is or has been throughout its history the hub for many large legacy ranching operations such as the Kendrick Cattle Company, dating back to 1892, which once operated on over 300,000± acres, and currently the Padlock Ranch which operates on nearly 500,000± acres to the north and east. Sheridan is also the collection point for the area’s historic dude ranches – Eaton’s’ Ranch is said to be the oldest active dude ranch in the U.S. It is well over 100 years old. HF Bar Ranch, which opened just a few years later, is located 25 miles to the south along the Big Horns. Sheridan is the home of King Ropes and their wonderful private museum. Horse trailers and pickups with the obligatory pair of stock dogs in the back are commonplace.

Sheridan is much more than a cow town, however. It boasts some of Wyoming’s best fishing and hunting, gourmet dining, and a championship golf course. Based at the nonprofit Big Horn Equestrian Center is one of the oldest active polo clubs in the nation, dating back to 1893. The center’s fields are the venue not only for polo matches but for steeplechases, three-day events, and soccer tournaments. As mentioned earlier, this complex is only minutes from the ranch.

The Flying H Polo Club adjacent to the Big Horn Polo Club offers the finest polo fields in the U.S. and brings international level polo to the community at no charge. Theater and visual arts are popular as well with two artist residency programs bringing in talent from across the country. The newly constructed Brinton Museum in Big Horn is another unusual treasure to bless such a small community.

The Sheridan area has always been oriented towards equestrian activities with old English families bringing polo into the community over 100 years ago, and tens of thousands of horses were raised, broke, and shipped out of the area in the early part of the twentieth century. The earliest cutting-horse competitions were staged near Sheridan.

The area is easily accessible. There is commercial air service from Sheridan to Denver. Billings, Montana, with its international airport, is less than a two-hour drive via Interstate 90 from Sheridan. It should also be noted that the medical facilities in Sheridan are excellent, including a large hospital offering a variety of specialties. Billings, of course, has the finest medical complex in the multi-state area with two hospitals, one of which is now affiliated with the Mayo Clinic.


The Sheridan area climate is without question one of the most comfortable year-round climates in the state. The eastern slopes of the Bighorn Mountains tend to be subject to occasional extreme conditions including high winds and heavy, wet spring snowstorms. However, on balance, the year-round climate is very pleasant as these rare extreme conditions do not last long and often bring warm chinook winds during the winter and produce lush summer grazing. The ranch lies south of Sheridan and its elevation ranges from 4,250 feet to nearly 4,800 feet.

The warmest season runs from mid-June to mid-September with an average daily high temperature above 76°F. The hottest days are in late July, with an average high of 87°F and low of 56°F. The cold season lasts from mid-November to early March with an average daily high temperature just below 43°F. The coldest days are in January with an average low of 11°F and high of 32°F.

Growing season is approximately 110 days and most ranchers expect to get two good cuttings of hay and often a third. Winters are subject to chinook winds which keep the landscape relatively free of large snow accumulations. Average rainfall is near 14 inches with most of it falling from April through September.

Learn more about the property

Acreage (Deeded & Leased)

The ranch consists 358± total acres with 238± deeded and 120± acres of State of Wyoming lease. It is estimated to have 70± acres of irrigation that is currently producing lush grass for both hay and pasture. 

Deeded Acres: 238±
State Leased Acres: 120±
Total Leased Acres: 120±
Total Acres: 358±


The Prairie Dog Creek Ranch offers a wonderful owner’s home, insulated equipment shop, indoor arena, livestock barn, and multiple loafing sheds. The primary structures can be described as follows:

OWNER’S HOME: This is truly a magnificent home built in 2016 with a thoughtful floor plan that is designed to accommodate guests, family, and grandchildren. It is estimated at 3,572 square feet on the main floor and another 2,232 square feet of finished space in the basement, plus an attached heated three-car garage. The front entryway brings you into a nice welcoming area and a place to take your coat off. Further into the home it opens up into a high vaulted room with a cozy sitting area around the rock fireplace. The kitchen is at the far end of the great room and has a large island with two counter levels, one for high-top sitting and dining and a lower counter providing plenty of workspace for entertaining and meal preparation. Beyond the kitchen island is a beautiful set of kitchen cabinets and countertops. All kitchen counters are of beautiful handpicked granite. For larger gatherings, there is a spacious dining room with views across the ranch. The main level features a beautiful master bedroom suite as well as one other additional bedroom and private bath. There is also a nice mudroom and a large separate office. A warm and attractive wood staircase into the walkout basement brings you to another rock fireplace and family area. The basement offers two additional bedrooms, a bathroom, and a large utility area. The basement is “walkout” and opens up to an expansive lawn overlooking Prairie Dog Creek. 

EQUIPMENT SHOP: Estimated at 6,000 square feet this steel building was built in 2009 with full concrete floor and is in excellent condition with two large entry doors for bringing in large trucks, tractors, and equipment. The building is insulated with a heated office and apartment, in addition to the large work area. 

INDOOR ARENA: This large riding/roping arena is approximately 112’ x 225’, complete with roping boxes and a catch pen. 

LIVESTOCK BARN: Located towards the north end of the compound, the large wood, steel sided livestock barn is one of the older buildings on the ranch but is in great working condition. Estimated at 2,200 square feet and all-wood construction with steel siding, the barn is complete with tack area, small pens, and stalls. Above is open loft for hay or other storage.

EQUIPMENT STORAGE SHED: Located on the north end of the property, this pole building for equipment storage is estimated at 3,410 square feet and was built in 1979.

MISCELLANEOUS OUTBUILDINGS: On the ranch are three newer loafing sheds and a couple of the original outbuildings. One of the original outbuildings is a very historic rock barn that was built in 1889 by the Newcomer family. This is an iconic structure to the local community and the “Newcomer Place” was one of the earliest settlements in the area.

Water Resources

The ranch has both sides of Prairie Dog Creek for approximately a quarter mile and multiple spring filled draws. Additionally, there are 70± irrigated acres with appropriated water rights from 9 Mile Ditch and Prairie Dog Creek. The spring-fed draws provide convenient wintertime water sources for livestock as the water is warm enough in places to stay open for drinking water. There is also a newer domestic well servicing the main residence and an additional well supplying water to the remainder of the compound.

Mineral Rights

All minerals appurtenant to the property and owned by the current owners will be conveyed to the buyer.


Based upon past years, the annual real estate taxes are estimated at $7,850.

Learn about the recreational amenities

Wildlife Resources

Wildlife on the ranch includes both species of deer, antelope, the occasional elk, pheasants, sharptail grouse, and Hungarian partridge. The lush irrigation and brushed draws are good habitat for holding game. 

The Sheridan area and the Bighorn Mountains are well known for their many recreational amenities, such as golf and tennis, equestrian based activities (including polo, of course), fishing, hiking, and riding in the mountains, which are extremely “user-friendly” - there is no shortage of activities. Fortunately, it does not attract a national or international set of tourists, but it is a community that provides its residents quality outdoor recreation as well as many arts and cultural amenities. 

Only a few miles from the Prairie Dog Creek Ranch to the south is Lake DeSmet. This large body of water holds rainbow and brown trout, perch, and walleye. Besides its excellent fishing, Lake DeSmet provides a wonderful water recreation facility. There are multiple boat ramps and campgrounds allowing for lots of summer recreation. 

Learn about the general operations

General Operations

The Prairie Dog Creek Ranch is operated as a small pure-bred Red Angus cattle operation. The sellers are currently running 45 pairs and keep a few horses around. Upon a closer look, it is easy to see that the ranch would be an ideal horse property for either raising colts or boarding polo horses. The multiple pastures and paddocks also work well for a purebred operation as there are many options for selective penning and keeping cattle handy when processing and breeding. Currently the seller hays about 1/3 of the irrigated acres and grazes the rest. If an owner wanted to focus more on hay production, the ranch has very good water rights and quality soil. 

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