Property Overview
Sitting below the Big Horn Mountains near the mouth of Shell Creek Canyon, the 55± acre parcel offers substantial improvements, Red Gulch Creek frontage, and an irrigation spillway. The Broken Spoke Ranch offers quick, easy access from Highway 14 and is located between the towns of Shell and Greybull, Wyoming. Bordering Bureau of Land Management (BLM) land to the south and east, the location offers an almost endless backyard. The Red Gulch BLM behind the Broken Spoke Ranch is approximately 225,000± uninterrupted acres, including a 32± mile scenic dirt road that leads to the Red Gulch Dinosaur Tract site. The topography includes a large hill that would make an additional building site with breathtaking views and flatland near the creek with existing facilities.
Additionally, Broken Spoke Ranch will be sold with 200-acre feet of water rights from the new Leavitte Reservoir. This reservoir is under construction and will be completed soon, adding to the possibility of increased production and value for the future of the property.
The improvements include multiple buildings. A custom two-bedroom and one-bathroom log home with a wrap-around porch provides a view of the roping arena, horse corrals, and hot walker. Another brand-new mobile home sits on-site with a comfortable porch and beautiful landscaping. The improvements also include a 4,116± square -foot heated shop with large overhead garage doors, with the ability to pull through. It offers plenty of space for recreational vehicles, UTVs, farm equipment, and large trucks. This ranch has clean, continuous fencing and well-manicured roads. In 2025, a cell tower was added to the front corner of the property along the highway. This addition provided cell phone coverage to the entire community of Shell, WY, and also a monthly residual income to the property.
The nearby recreation creates additional demand for this property. Skiing, snowmobiling, hunting, fishing, and much more await the adventurer in Northwest Wyoming’s Big Horn Basin. The property’s proximity to Yellowstone National Park offers a perfect getaway for recreation. The Broken Spoke Ranch is now available as a small working ranch or recreational getaway. It allows for a move-in-ready situation for the buyer, their recreation, and their livestock.
Property Facts
- 55± Acres
- Two dwellings on the property
- Large, heated shop
- Red Gulch Creek frontage
- Roping arena and horse facility
- Monthly residual income from a cell tower
- One hour from Yellowstone Regional Airport
- Two hours from Yellowstone National Park
- 20 minutes from Antelope Butte Ski Resort
- Additional 200-acre feet of water rights from Leavitt Reservoir
- BLM Access
