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Swan Land Properties
Excellent Wyoming sodded pastures
Niobrara County


  • Lusk, Wyoming

  • 2,040 Acres

  • $1,950,000

Offered for the first time in over 70 years, the Bone Ranch represents the rare opportunity to own 2,040 acres of deeded and contiguous grassland in an area known for cattle production.  Located approximately two miles southwest of Lusk, Wyoming, the Ranch encompasses open spaces and rolling hills.  The Ranch offers stock-watering resources in the form of reservoirs and wells and has historically supported 85 cows year around.
The Ranch is a solid grazing unit on 100% deeded property.  Private ownership provides the owner the ultimate flexibility necessary to effectively manage a livestock operation into the future.  The choice of grazing the Ranch seasonally or year-round will be solely up to the discretion of the fortunate new owner.
The Ranch has two established home sites which provide the new owner the opportunity to build upon the legacy left behind by the Bone Family.

Located in Niobrara County | Lusk, Wyoming
  • Excellent sodded pastures.
  • Great access and convenient to town.
  • 2,040± deeded acres;
  • Excellent access via Silver Springs Road, a well-maintained county road;
  • Stock water provided by windmills, springs, and seasonal reservoirs;
  • Fully fenced for grazing purposes;
  • Good, sodded pastures with some dryland hay and farming opportunities;
  • Historical carrying capacity of 85 cow/calf pair year around;
  • Two homesite locations:
  • Homesite 1
  • Home built in 1910, 1,644± square feet, 4 bedrooms and 2 bathrooms
  • Garage, barn, and multiple outbuildings
  • Homesite 2:
  • Home built in 1900, 1,198± square feet, 2 bed, 2 bath (poor condition)
  • Quonset, corrals, calving barn, multiple outbuildings
  • Operating gravel pit located on the Ranch
  • Real estate taxes for 2021 were $2,493.47
  • All mineral interests, if any, will transfer to the new owner
Offered at $1,950,000
Native Pasture:

1651.85 +/- acres


Dryland Hay:

225.23 +/- acres


Dryland Farming:

162.92 +/- acres

*Acreage classifications were calculated utilizing FSA records.



The Ranch can be accessed by traveling approximately 1.5 miles west of Lusk on Highway 20 and then south for half a mile on Silver Springs Road, a graveled county road that borders the Ranch for approximately 2.25 miles on the eastern edge.

Approximate distances to other nearby towns are as follows:
Lusk, Wyoming
Torrington, Wyoming
Scottsbluff, Nebraska
Casper, Wyoming
Deadwood, South Dakota
Cheyenne, Wyoming
Rapid City, South Dakota
Denver, Colorado

1.5 miles
58 miles
90 miles
103 miles
136 miles
142 miles
151 miles
240 miles

Lusk has all the essential services needed before heading to the Ranch.  With the Niobrara County Hospital and Clinic, grocery store, several banks, agricultural supply store, and an excellent public school system, Lusk has the small-town feel while providing the essential elements of life.

Casper, Wyoming, approximately 103 miles west of the Ranch, has commercial air service with connecting flights to several major hubs including Denver and Salt Lake City.  Torrington also offers additional services for building supplies and equipment to satisfy nearly all the needs on the Ranch.


The Ranch elevation is approximately 5,000 feet above sea level.

Lusk experiences a semi-arid climate with cold, dry winters, wet springs, and hot summers.  The average annual precipitation in nearby Lusk is 16.5 inches.  With regards to cattle ranching, Lusk and the surrounding area can be considered one of the most desirable locations to produce cattle in Wyoming.  This is due to the quality of the forage and the ability to put solid gains on cattle with the strong hard native grasses inherent to this area.

The Ranch is divided into seven main pastures by fences that have been well maintained.  The heavily sodded pastures indicate a drought-resistant ecosystem that recovers amply year to year.  The Ranch is watered by three wells and several stock reservoirs.The Bone Family has historically produced adequate hay from the dryland fields to support the cattle through the winter months.

Acreage Breakdown
Total Deeded Acres
Native Pasture
Dryland Hay
Dryland Farming
2,040± acres
1,651.85± acres
225.23± acres
162.92± acres


The carrying capacity of the Ranch is owner rated at 85 animal units.  With rolling hills and good grass cover, the Ranch could be managed as a year-round cow/calf operation or as a seasonal grazing unit.  The Ranch is currently utilized as a year around cow/calf operation, historically carrying 85 ± pairs plus bulls.


The Seller will convey with the Ranch 100% of whatever mineral, oil, gas, geo-thermal, hydro-carbon and gravel rights they actually own, subject to reservations by previous owners. The Seller makes no representation as to the quantity or quality of any mineral or other sub-surface rights appurtenant to the Ranch.


Three wells are located on the Ranch and will transfer with the sale.  Several reservoirs and intermittent drainages traverse the Ranch providing additional stock watering points for the cattle.

Currently, there are two established home sites on the Ranch.
Homesite 1:

• Home built in 1910, 1,644± square feet, 4 bedrooms and 2 bathrooms.
• Garage, barn, and multiple outbuildings.

Homesite 2:

• Home built in 1900, 1,198± square feet, 2 bed, 2 bath.  This home is currently not inhabited, but the location is excellent!
• Quonset, corrals, calving barn, multiple outbuildings.

Gravel Pit
An open and permitted gravel pit is located on the Ranch.  The new owner will benefit from deciding the pit’s future.  Please call to discuss any details associated with the gravel pit.


The Ranch is home to numerous species of wildlife.  Antelope, mule deer, sharp-tailed grouse, sage grouse, Hungarian partridge, and waterfowl can be found on the Ranch at various times of the year.
Glendo State Park, 40 miles southwest of the ranch offers approximately 12,000 acres of water for boating and fishing opportunities, camping sites, and over 40 miles of mountain bike trails.
The Black Hills of South Dakota, northeast of the ranch, contain thousands of acres of public land for hiking, camping, and touristic activities including visits to Mount Rushmore, Deadwood, and the town of Sturgis.

Electricity is available at both homesites, propane fuels the heating systems, and domestic water is provided by wells at each homesite.

The real estate taxes for 2022 were approximately $2,643.81.

The Seller hereby makes known that there may be variations between the property boundary lines and the location of the existing boundary fences on the Bone Ranch.  The Seller makes no warranties with regard to the location of the fence lines in relationship to the property boundary lines, nor does the Seller make any warranties or representations with regard to the specific acreage within the fenced property lines.

The Seller is selling the Bone Ranch in its “as is-where is” condition which includes the location of the fences as they now exist.  Boundaries shown on any accompanying maps are approximate.  The maps are not to scale and are for visual aid only.  The accuracy of the maps and information portrayed therein is not guaranteed nor warranted.

Bone Ranch is a true grass ranch that is well situated in southeast Wyoming.  The 2,040 deeded acres are located in a single block with easy access from the town of Lusk, Wyoming, and located directly adjacent to a well-maintained graveled road.  The combination of convenience to town, excellent access, good grass resources, well-maintained fences, and appealing natural topography present an opportunity that is rarely available in this part of Wyoming.  The Ranch is perfect for those looking for open space and agricultural production while living close to the amenities of a nearby town.


Bone Ranch, as previously described herein, is offered at US $1,950,000.00 Cash or Terms acceptable solely at the discretion of the Seller.  The conditions of sale as of July 2022 are as follows:

  1. All Prospective Buyers must demonstrate, to the satisfaction of the Seller, absolute financial capability to purchase the Ranch prior to scheduling an inspection of the Ranch;
  2. Earnest money deposit will be due upon completion of a fully executed contract, and all earnest money deposits will be held in escrow by Sovereign State Title Company, Sheridan, Wyoming;
  3. The Sellers will provide and pay for a standard owner’s title insurance policy.  Any endorsements requested by the Buyer or any lender will be at Buyer’s expense.  Title to the real property will be conveyed by a warranty deed;
  4. Buyers’ Brokers are welcome and invited to contact listing broker Scott Williams in our Buffalo, Wyoming Office for information regarding Cooperation Policies.


The Seller reserves the right to effect a tax-deferred exchange for other real property in accordance with provisions in Section 1031 of the Internal Revenue Code.  The Buyer will not be required to incur any additional expenses nor to step into the chain of title on any property which the Seller may acquire.

This entire Offering is subject to errors, omissions, prior sale, change, or withdrawal without notice and approval of purchase by the Seller.  Information regarding land classifications, acreages, carrying capacities, crop yields, potential profits, etc., are intended only as general guidelines and have been obtained from sources deemed reliable; however, accuracy is not warranted or guaranteed by the Seller or Swan Land Company.  Prospective Buyers should verify all information to their sole and complete satisfaction.



A 48-hour notice is requested to make proper arrangements for an inspection of Bone Ranch.

Swan Land Company has been authorized by the Seller to act as their Exclusive Real Estate Broker on the sale of Bone Ranch.  Since 2002, we have focused on the brokerage of significant ranches, farms, and recreational properties throughout the Rocky Mountain West.

This Offering is based on information believed to be correct; however, it is subject to errors, omissions, prior sale, and change or withdrawal without notice.  Information contained herein has been provided by the Sellers or obtained from other sources deemed reliable.  The Agent does not, however, guarantee accuracy and recommends that any Prospective Buyer conduct an independent investigation.

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Scott M. Williams
Land has always been a passion for me as long as I can remember. I think back to my beginnings, where we learned to enjoy the satisfaction in a hard day’s work, the feeling of responsibility as we cared for livestock through blizzard and drought, and the reward in finding practical solutions to day-to-day problems. ...
Meet the Broker
Swan Land Agent, Scott Williams

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