In an absolute auction that drew a handful of bidders, the 2,570± acre Steele Creek Ranch sold for $2.53 million, with the winning bid turned in by the First Bank of Wyoming.
Auctioned by J.P. King Auction Co., company spokeswoman Caley King Newberry noted that absolute auctions are “always a lot more intriguing. At the end of the day, you know as a buyer that you’ll have a great value on a great property. And for the seller, you know there will be a sell — and the auction will bring fair-market value to the property.”
The ranch was sold in two tracts: the first parcel included 1,060 deeded acres, 480 acres of Wyoming lease land and 200 acres U.S. Bureau of Land Management lease; the second parcel included 822 acres.
Situated on the east slope of the Big Horn Mountains, near the “Horn,” Steele Creek Ranch is considered to be one of the most scenic and private mountain frontage ranches in Wyoming.
At 2,570 ± acres, this working cattle ranch features a diversity of terrain and habitat – from rolling grasslands to red stone outcroppings and ponderosa pine forests. Steel Creek, a perennial spring-fed stream, dissects the property and provides year-round water for the abundance of wildlife, including pronghorn, mule deer, elk, Merriams’ turkey, Hungarian partridge, sage grouse, and a variety of other non-game animals.
Located near the Bighorn National Forest, this private and secluded ranch offers amazing opportunities for the trophy big-game hunters, specifically elk, mule deer, and pronghorn antelope. There are also many recreational opportunities, from horse-back riding and mountain biking to cross-country skiing and fishing.
Date: 1:00 pm Mountain Time on Thursday, January 19, 2012
Location: Steele Creek Ranch, 1040 Greub Road, Buffalo, WY 82834
For more information, or to receive a detailed brochure:
Mirr Ranch Group
J.P. King Auctions