Slash E Ranch is located between Island Park, Idaho, and West Yellowstone, Montana, home to the famed west entrance to Yellowstone National Park. The ranch is contiguous to Department of Interior land and State Land that connects with National Forest lands that lead into Yellowstone Park.

Wildlife such as elk, moose, antelope, mule and white-tailed deer, bears, raptors, eagles, wolves, and waterfowl migrate through the property from summer range to winter range and back again, making this 1,072± acre ranch a private version of the park. Two creeks, Targhee Creek and Howard Creek, run through Slash E Ranch. A portion of the property sits on Henry’s Lake, perfect for fishing, kayaking, canoeing, bird watching, and waterfowl hunting. Exceptional for a large family or company retreat, a substantial 3,347± square feet log residence looks out over Henry’s Lake, while four additional log cabins sit along babbling Targhee Creek.

The property and surrounding area offer great winter activities such as snowmobiling, snowshoeing, and cross-country skiing.


Sitting at about 6,480’-6,640’ elevation, the property consists of 1,072± deeded acres in 77 parcels of lush meadows, spring-fed ponds, creeks, and wetlands. Views of Henry’s Lake and the surrounding mountains are ever-present. The ranch borders about 357± acres of Department of the Interior land and state land that borders National Forest that then borders Yellowstone National Park, thus providing thousands of acres to recreate.


Sitting on the eastern shore of one of Idaho’s great high mountain lakes, Slash E Ranch is the kind of place that anglers dream about. Fish for cutthroat, brook, and cut-bow hybrid trout in what is considered one of the finest trout fisheries in the west. It is not often that a ranch of this quality comes on the market. This area has, for many years, been the most sought-after location for recreational ranches in Idaho because of the abundant wildlife and fishery resources and some of the most dramatic scenery in the Northern Rockies. Additionally, the proximity to Yellowstone Park and Bozeman contributes to the attractiveness and value of the ranch. For these reasons, it is not easy to imagine an investment that will provide more enjoyment while remaining one of the most sought-after and finite products in the real estate investment world. Once you visit Slash E Ranch, you will quickly learn how the area earned its reputation.


  • 1,072± deeded acres in 77 parcels
  • 0.8± miles of private shoreline on Henry’s Lake, a 6,000± acre high mountain lake famous for huge trout
  • 2.2± miles of Targhee Creek
  • 1.7± miles of Howard Creek
  • Contiguous to Department of Interior land, as well as state land that connects to National Forest and eventually to Yellowstone National Park
  • 3,347± square feet - three bedroom, two bath - log residence
  • Four cabins that sit near Targhee Creek
  • 15± minutes to Island Park, Idaho
  • 15± minutes to West Yellowstone, Montana, and Yellowstone National Park
  • 30± minutes to Hebgen Lake

Our Reach

Special properties deserve an exceptional land brokerage company like Fay Ranches. Our team has the knowledge, proven record of success, and a deep appreciation for the land and its traditions. We know how to market your unique property to the right audience. We invite you to learn more about our approach. Please call us at 800-238-8616 or click on the link below for more information.

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