Historic Wyoming ranch lists for $59.5 million after 140 years
Hoback River Homestead, a 2000acre wyoming ranch the same family has held for nearly 140 years, has listed for $59.5 million. The 2,062-acre property sits about 40 minutes south of Jackson Hole with more than two miles of Hoback River frontage and has never before been offered for sale in its current form.
Key Takeaways
- Hoback River Homestead spans 2,062 acres in Wyoming’s Hoback Basin and asks $59.5 million.
- The ranch has stayed in the same family since it was homesteaded in 1888—nearly 140 years.
- It includes more than two miles of Hoback River frontage on both banks plus about 700 irrigated acres.
- Improvements are understated: a 3,414-square-foot 1982 residence and historic ranch buildings, with no conservation easements.
- Broker Peter Widener of Hall & Hall notes river frontage, productive land, and public-land access are increasingly rare near Jackson Hole.
Where is the historic Hoback River Homestead located?
The ranch sits in the Hoback Basin roughly 40 minutes south of Jackson Hole. It represents about 20 percent of all deeded land in the Bondurant Valley, where large private holdings rarely change hands. Follow more listings in our luxury real estate and dream homes coverage.
On three sides, the property borders six miles of Bridger-Teton National Forest, opening onto millions of acres of public wilderness in the Greater Yellowstone region.
What does the $59.5 million Wyoming ranch include?
Beyond acreage, buyers get dual-bank frontage on more than two miles of the Hoback River—private access to one of Wyoming’s premier native trout fisheries. Terrain runs from irrigated hay meadows and wetlands to sagebrush flats, timbered foothills, and mountain country, with roughly 700 irrigated acres backed by historic water rights.
Wildlife is a major draw. Elk, moose, mule deer, bighorn sheep, wolves, black bears, grizzly bears, and mountain lions all move through the Greater Yellowstone Ecosystem across the land.
Unlike many modern Western ranches, Hoback River Homestead is not built around a luxury lodge. The main residence is 3,414 square feet and dates to 1982, alongside several historic ranch buildings and agricultural infrastructure that still supports hay production, horse operations, and leased cattle grazing. The offering is free of conservation easements, leaving flexibility to expand or adapt.
Why does this nearly 140-year family ranch matter now?
Homesteaded in 1888 and never before offered in its current configuration, the sale marks a rare ownership transition in a tightly held valley. According to Robb Report, Hall & Hall broker Peter Widener says the mix of river frontage, working ranchland, and public-land access is increasingly hard to find this close to Jackson Hole.
At $59.5 million, the ask ranks among Wyoming’s most expensive active listings. Demand for large ranches remains strong: a recent Realtor.com report cited in coverage found median ranch listing prices have jumped 112 percent over the past decade as inventory tightened across the Mountain West.