Pathfinder Ranches
One of the largest ranches in the Rocky Mountain Region
Natrona, Carbon, Sweetwater, Fremont Counties
A modern cattle empire, rivaling the scale of the great landholdings of the open range era.
Spanning 916,076± acres, Pathfinder Ranches is larger than Rhode Island and comprises nearly one percent of Wyoming’s total landmass. Assembled under unified ownership across four counties, the ranch stretches between the Ferris, Pedro, and Green Mountain ranges and encompasses Pathfinder Reservoir and 20 miles of the Sweetwater River, including a vast expanse of high plains, foothills, and river valleys. Pathfinder offers a rare combination of scale, water, wildlife, and history. Devil’s Gate and Independence Rock anchor the landscape, while segments of the Oregon, Mormon, California, and Pony Express Trails weave through the property.
Today, Pathfinder operates as a leased cattle and horse enterprise, supported by reliable water resources with significant pre-1904 irrigation rights and a well-established grazing program. Alongside its agricultural output, the ranch supports diverse wildlife and is home to the first and largest sage-grouse habitat conservation bank approved by the U.S. Fish and Wildlife Service. This conservation asset generates revenue through the sale of mitigation credits. The ranch also plays a key role in ongoing bighorn sheep restoration efforts.
For a future owner, Pathfinder offers the chance to move beyond leasing and shape a legacy in livestock, land, and conservation. It is a singular opportunity to own and operate a property of generational scale in the heart of the American West.
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Pathfinder Ranches
Property Details
A vast expanse of rolling grasslands, scenic river corridors, dramatic mountain ranges, and rock features defines the landscape of Pathfinder Ranches—one of the largest and most iconic holdings in the Rocky Mountain West. With 916,076± total acres, including 99,188± deeded, and approximately 90,444 AUMs annually, Pathfinder stands apart as a modern cattle empire, rivaling the scale of the great landholdings of the open range era.
This extraordinary landscape stretches across the open prairie between the Ferris and Pedro Mountains, follows more than 20 miles of the Sweetwater River, and surrounds the shimmering waters of Pathfinder Reservoir. With towering canyon walls framing Devil’s Gate and the historic Independence Rock standing nearby, the ranch offers a rare blend of productivity and deep historical significance.
This legacy ranch represents the Old West with exceptional grazing opportunities and seemingly endless acreage for hunting, fishing, boating, and exploring Wyoming’s unspoiled beauty.
“You look from one mountain range to the next, and the realization hits you: everything in between is Pathfinder. A vast expanse of grasslands, sagebrush, river corridors, wildlife, and wind. Simply put, it’s freedom.”
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Scott Williams, Associate Broker at Swan Land Company in Buffalo, Wyoming
Located in Natrona, Carbon, Sweetwater, and Fremont Counties, the ranch headquarters lies approximately 16 miles west of Alcova and 45 miles southwest of Casper, Wyoming. Casper is a vibrant community nestled along the North Platte River in central Wyoming. As the second-largest city in the state, Casper offers a unique blend of western heritage, outdoor adventure, and modern amenities. The city serves as a regional hub for commerce, healthcare, and education, with a population of approximately 58,000 residents. Casper is rich in history, particularly tied to the Oregon Trail, with notable landmarks such as the National Historic Trails Interpretive Center. Outdoor recreation abounds with nearby attractions, including Casper Mountain, offering hiking, skiing, and mountain biking, as well as blue-ribbon fishing on the North Platte River. With a welcoming community, thriving arts and culture scene, and easy access to wide-open spaces, Casper balances small-town charm with big-city convenience.
Access to Pathfinder headquarters is excellent, with well-improved ranch roads providing year-round entry.
LOCAL AIRPORT INFO
Casper–Natrona County International Airport (CPR) is located approximately 48 miles from the ranch and offers commercial flights with daily service to Denver and beyond, as well as full private aviation services.
Approximate distances from the ranch headquarters to nearby towns and cities:
| Alcova, Wyoming Casper, Wyoming Rawlins, Wyoming Laramie, Wyoming Cheyenne, Wyoming Denver, Colorado |
16 miles 45 miles 72 miles 154 miles 218 miles 285 miles |
Pathfinder Ranches and the surrounding area are rich in historical significance, particularly tied to the era of westward expansion. One of the most notable nearby landmarks is Independence Rock, located along the historic Oregon, Mormon, Pony Express, and California Trails, also known as the Emigrant Trails, which all crisscross Pathfinder Ranches, where early pioneers carved their names into the granite as they journeyed west. Nearby, Fort Caspar Historic Site offers a well-preserved glimpse into 19th-century frontier life, featuring a reconstructed military post, interpretive exhibits, and artifacts from early settlers and Native American tribes. The National Historic Trails Interpretive Center in Casper provides an immersive experience detailing the stories of pioneers who traveled the Emigrant Trails. Visitors can also explore historic wagon ruts and ferry sites along the North Platte River, where travelers once crossed during their arduous journeys. These attractions, combined with local museums and cultural sites, make the Casper area a fascinating destination for those interested in Wyoming’s rich pioneer and Native American history.
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Casper, Wyoming, serves as the commercial and economic heart of central Wyoming, blending its historic energy roots with dynamic modern industry. Casper’s economy is anchored in energy and extraction, particularly oil, natural gas, coal, and uranium, dating back to the late 1800s. However, the city has steadily diversified into renewables, such as wind energy. The region benefits from a robust manufacturing and logistics sector, with rail connections and highway access, which supports the distribution, aerospace, defense, and environmental technology industries.
Casper is also a thriving service and professional hub, with strong healthcare (Wyoming Medical Center, VA clinic), education (Casper College, University of Wyoming partnerships), financial services, and retail businesses serving as major employers. Tourism and outdoor recreation significantly contribute to the local economy, generating hundreds of millions annually by capitalizing on the city’s access to rivers, reservoirs, mountain sports, and historical attractions.
The elevation on Pathfinder Ranches ranges from approximately 5,600 to 9,225 feet above sea level. The area enjoys a high plains climate characterized by four distinct seasons, with low humidity and abundant sunshine throughout the year. The region averages about 12 to 14 inches of annual precipitation, mostly in spring and early summer. The ranch covers many different climate zones with varying levels of moisture depending on the year.
Pathfinder Ranches unfolds across an expansive canvas of terrain that combines grasslands, river corridors, sagebrush canyons, unique rock outcropping vistas, and mountainous ground with ponderosa pine, juniper, and aspen trees, capturing the full essence of Wyoming’s high plains and Rocky Mountain edge. The ranch surrounds much of Pathfinder Reservoir, contains over 20 miles of the Sweetwater River, and encompasses portions of the Pedro, Ferris, Seminoe, and Green Mountain ranges, with vast amounts of rangeland between these iconic features.
The ranch is an accumulation of over twelve historic ranches and is best described in four units to provide order to the ranch details. The ranch is currently leased out in these separate operating units, supporting a robust and well-managed livestock program. Across the entire operation, approximately 3,400 cows, 180 bulls, 7,500± yearlings, and 130 saddle horses are occupying the ranches. This grazing activity utilizes roughly 73% of the permitted Animal Unit Months (AUMs), intentionally leaving a significant portion of forage available to support and enhance the area’s abundant wildlife habitat.
ACREAGE BREAKDOWN
| Total AUMs: Total Operating Acres: Deeded Acres: Irrigated/Sub-irrigated Meadows: Sub-irrigated/Riparian Corridors: Rangeland: Recreational Rangeland: State Acres: BLM Acres: |
90,444± 916,076± 99,188.32± 2,685± 2,629± 77,816± 16,058± 48,985.31± 767,902.97± |
The Two Crosses Unit is the heart of the ranch, located in Natrona and Carbon Counties. It is central to the ranches and includes Pathfinder Headquarters, a private yet accessible location just 1.5 miles off Highway 220. Sand Creek, Buzzard, and Miracle Mile Ranches lie further south along the west side of Pathfinder Reservoir and are situated at the base of the Ferris and Seminoe Mountain Ranges.
Total AUMs: 37,909±
Total operating acres: 180,061±
Deeded Acres: 39,034±
Irrigated/Sub-irrigated Meadows: 1,904±
Sub-irrigated/Riparian Corridors: 10±
Rangeland: 27,992±
Recreational Rangeland: 9,128±
State Acres: 25,228±
BLM Acres: 115,799±
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IMPROVEMENTS
GREAT PATHFINDER LODGE
With 6,579± square feet of living space, nine bedrooms, and 7½ bathrooms, the lodge is set up to entertain, with a full bar area and multiple sitting areas.
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EMPLOYEE HOUSING
The Two Crosses Unit features seven additional ranch houses to accommodate both long-term and short-term employees.
INDOOR RIDING ARENA
The 94′ x 200′ arena with pole barn construction is suitable for training horses during the winter months.
SAND CREEK HUNTING CAMP/LODGE
With 3,556 square feet of living space and six bedrooms, 4½ bathrooms, and several sitting areas, the Sand Creek Lodge provides comfortable accommodations for hunting expeditions.
ADDITIONAL IMPROVEMENTS
The Two Crosses Unit has multiple shops, storage buildings, a church, and numerous outbuildings.
A detailed list of improvements is available upon request.
The Beulah Belle Unit, located in Natrona County, is rich in historical significance. This unit includes the historic Dumbell Ranch, which is situated on the Sweetwater River just below Devil’s Gate and adjacent to the Independence Rock State Historical Site. This ranch enjoys views of massive granite rock formations and is an iconic setting that is one of a kind. This unit also includes Oil Can Ranch, Spear Ranch, and Cross A Ranch, stretching north approximately 25 miles through the eastern end of the Rattlesnake Hills.
Total AUMs: 19,810±
Total operating acres: 98,357±
Deeded Acres: 23,146±
Irrigated/Sub-irrigated Meadows: 630±
Sub-irrigated/Riparian Corridors: 741±
Rangeland: 19,607±
Recreational Rangeland: 2,168±
State Acres: 7,962±
BLM Acres: 67,248±
IMPROVEMENTS
DUMBELL RANCH
With a main house, a bunkhouse, and an additional mobile home for employees, historic barns, shops, and corrals, the Dumbell is a good base for this portion of the ranch.
OIL CAN RANCH
One ranch house with supporting buildings makes this a nice satellite camp to support operations on the Beulah Belle Unit.
The Stewart Creek Unit includes portions of the notable Sun Ranch, now consisting of Turkey Track Ranch, Grieve Ranch, Belle Springs, and Arapahoe Creek allotment. This is the largest of the four units and lies in Natrona, Fremont, Carbon, and Sweetwater Counties. This unit includes several common grazing allotments stretching over the eastern side of Green Mountain and 45 miles north to south.
Total AUMs: 23,734±
Total operating acres: 569,053±
Deeded Acres: 22,470±
Irrigated/Sub-irrigated Meadows: 0±
Sub-irrigated/Riparian Corridors: 1,779±
Rangeland: 17,429±
Recreational Rangeland: 3,262±
State Acres: 8,999±
BLM Acres: 537,584±
IMPROVEMENTS
TURKEY TRACK RANCH
This location serves as the base for the Stewart Creek Unit with three ranch houses, a horse barn, and miscellaneous outbuildings.
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BELLE SPRINGS
One ranch house with older supporting buildings is located near spring-fed ponds.
GRIEVE COW CAMP
The cow camp cabin, a small shop area, an older barn, and corrals for summer operations are situated near Green Mountain.
A detailed list of improvements is available upon request.
The Wooden Rifle Unit is situated along the eastern edges of Pathfinder Reservoir in Natrona and Carbon Counties and encompasses a good portion of the Pedro Mountains. Approximately 20 miles north to south, this unit includes the Pistol Draw, Two Iron, Dry Creek, and Bison Bend Ranches.
Total AUMs: 8,991±
Total operating acres: 68,606±
Deeded Acres: 14,537±
Irrigated/Sub-irrigated Meadows: 151±
Sub-irrigated/Riparian Corridors: 99±
Rangeland: 12,787±
Recreational Rangeland: 1,500±
State Acres: 6,797±
BLM Acres: 47,272±
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IMPROVEMENTS
PISTOL DRAW RANCH
With a main house, bunkhouse, shop, storage building, barn, and corrals, this is the base for the Wooden Rifle Unit.
TWO IRON RANCH
A ranch house, barn, corrals, and numerous outbuildings make for a suitable satellite location for the Wooden Rifle Unit.
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Pathfinder Ranches holds significant pre-1904 irrigation water rights on over 3,500 acres, sourced from the North Platte and Sweetwater Rivers, including numerous senior rights. 1904 is a signification priority date on the North Platte River as that is the priority date of Pathfinder Reservoir. Through the Modified North Platte Decree, Pathfinder Reservoir can “come into priority” should the snowpack estimates suggest that the reservoir will not fill. This procedure makes 15 irrigation water rights in Pathfinder Ranches’ portfolio gain additional value, as their usage is not impacted by a “call” to put Pathfinder Reservoir in priority.
The water rights are too extensive to be provided within this brochure; however, extensive water right reports and supplemental information can be provided to qualified buyers upon request.
Pathfinder Ranches owns and maintains the nation’s first habitat conservation bank for sage-grouse and the largest bank ever approved by the U.S. Department of the Interior Fish and Wildlife Service (USFWS). The habitat bank was created for the purpose of conserving and protecting the habitat of the greater sage-grouse, elk, mule deer, pronghorn, bald and golden eagles, raptor species, migratory birds, and other wildlife, and to promote improved water quality and quantity while maintaining the agricultural values and open space of the area.
Companies facing state and/or federal sage-grouse mitigation requirements may purchase credits to move development projects forward in Wyoming while eliminating their sage-grouse liabilities forever. Credits can specifically be used to secure year-round access to work sites and other development opportunities through seasonal stipulation exceptions.
* This habitat bank is available for purchase separately from the real estate transaction and in addition to the offering price herein.
U.S. FISH AND WILDLIFE SERVICE
Placed in 1985, this easement covers approximately 760 deeded acres on the Two Iron Ranch. The purposes of the easement are the preservation and maintenance of the wetland and floodplain areas existing along Sage Creek, as well as the protection and enhancement of plant and animal habitat and populations.
WYOMING STOCK GROWERS LAND TRUST
(PENDING) This pending conservation easement covers approximately 17,412.52 deeded acres on the Sand Creek and Buzzard Ranches. This conservation easement will meet obligations prescribed under the sage-grouse habitat bank to ensure that the area under the easement will be retained in perpetuity in its natural, scenic, and rangeland open-space condition; to conserve wildlife habitat, especially habitat for sage-grouse, prevent any use of the area under the easement that will significantly impair or interfere with conservation values; and assure the availability of the property for its traditional uses, including agricultural uses, hunting, fishing, and other forms of recreation, commercial and non-commercial activities, the grazing of domestic animals, and other ranching activities which are not inconsistent with the conservation values of the property. Monitoring and oversight of the conservation easement will be fully funded by an endowment fund, supplied by the seller, to absolve future owners of the Sand Creek and Buzzard Ranches from any financial burdens associated with the easement.
Detailed documents can be provided to qualified buyers upon request.
The area offers an abundance of recreational opportunities for outdoor enthusiasts of all kinds. The North Platte River is nationally renowned for its blue-ribbon trout fishing, attracting anglers from across the country, and provides excellent spots for kayaking, rafting, and paddleboarding. Casper Mountain is a year-round playground offering hiking, mountain biking, horseback riding, and wildlife viewing in the summer, along with downhill skiing, snowboarding, cross-country skiing, and snowshoeing in the winter at Hogadon Basin Ski Area and the Casper Mountain Nordic Trails. The nearby Pathfinder and Alcova Reservoirs offer outstanding boating, camping, and fishing, making them popular summer destinations. Golfers can enjoy several courses, including the scenic Three Crowns Golf Club. With easy access to public lands, hunting for elk, deer, and antelope is also popular in the surrounding region. Whether it’s fishing, hunting, hiking, or water sports, the Casper area provides endless opportunities for adventure and outdoor enjoyment.
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The Pathfinder Ranches are home to a wide variety of wildlife, including elk, mule deer, white-tailed deer, big horn sheep, and pronghorn antelope. The North Platte River and nearby reservoirs attract a variety of waterfowl, including ducks, geese, pelicans, bald eagles, and golden eagles. Sage-grouse inhabit the surrounding grasslands and sagebrush flats. Predators such as black bears, mountain lions, coyotes, foxes, and bobcats can be found on the ranch along with smaller species like beavers, rabbits, and marmots.
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Historically, Pathfinder Ranches and their various ownership entities have obtained the following annual landowner tags: 18 elk, 20 deer, and 20 antelope. Landowner tags allocated to the various units could change depending on how title is taken to the ranch at closing.
Additional information about hunt areas and drawing odds can be found at the Wyoming Game and Fish Website: https://wgfd.wyo.gov/.
Two historic Wyoming livestock brands will transfer with the sale of Pathfinder Ranches, each carrying a deep connection to the region’s ranching legacy. The Bar J Bar brand, used on the left shoulder of cattle and right hip or right shoulder of horses, remains one of the most recognized marks in the area. The Dumbell brand, the Y Cross, includes a mark on the left hip of both cattle and horses and a distinctive sheep brand. Together, these brands will be conveyed in good standing with the Wyoming Livestock Board.
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Pathfinder Ranches is more than a ranch—it is a legend. An extraordinary collection of over a dozen historic ranches, this rare assemblage, spanning across four counties, operates on an astonishing 916,076± total acres. It stands as one of the great giants among working cattle ranches in the Rocky Mountain West.
Here, the quiet rhythm of the land transforms grass into pounds of lean, healthy beef, sustaining livelihoods and feeding the world. It’s a place where horses are seasoned under worn saddles and weathered reins, and where every sunrise casts its glow over a landscape as dramatic as it is humble, forever offering its bounty to those who respect it.
This land has always been a path to something greater. Along the Oregon Trail, weary pioneers paused at Independence Rock, by the Sweetwater River, resting their animals and gathering the courage to journey onward. The Pony Express, California Trail, and the Mormon Trail followed the same well-worn route, stopping along these rivers and meadows to drink, forage, and press forward toward hope.
Pathfinder Ranches is a testament to stewardship. Past stewards have worked this ground, building healthy soil, nurturing wildlife habitats, and protecting fragile species such as the greater sage-grouse through thoughtful grazing practices and regenerative efforts.
John C. Fremont—“The Great Pathfinder”—once explored this region, mapping the frontier and forever linking his name to its history. An empire like this isn’t built overnight. It has taken more than a century of grit, vision, and dedication. Now, the crown is ready to pass. This property is a true king maker. The next owner will inherit a legacy, with the chance to make a lasting impact on the land, the industry, the culture, and the state of Wyoming; to experience the simple wealth of clean air and wide-open spaces; and to immediately take their place among the major players in the cattle world.
Pathfinder Ranches, as Previously Described Herein, is offered at US $79,500,000.00 Cash or at Terms acceptable solely at the discretion of the Seller. The Conditions of Sale Are as Follows:
- All offers to purchase or letters of intent must be in writing.
- All Prospective Buyers must demonstrate to the sole satisfaction of the Seller and Listing Agent the financial capability to purchase the property prior to scheduling a personal tour of the property.
- Within three (3) business days of acceptance of an offer, earnest money of 5.00% of the Purchaser’s offering price shall be deposited to First American Title Insurance Company, National Commercial Services, 215 South State Street, Suite 380, Salt Lake City, UT, 84111, and will be placed in escrow.
- The Seller will provide and pay for a standard owner’s title insurance policy issued by First American Title Insurance Company, National Commercial Services.
- All of the mineral rights appurtenant to the property and currently owned by the Seller will be transferred at Closing.
- A Greater Sage-Grouse Habitat Bank has been established on Pathfinder Ranches, in which credits can be sold to mitigate development in areas affecting sage-grouse. This bank is not included in the offering price but can be purchased separately.
- Buyers’ Brokers are welcome and cordially invited to contact Scott Williams or Mike Swan with Swan Land Company for information regarding Cooperation Policies, Commission Splits, and to set up a private ranch tour.
TERMS OF INSPECTION
A 48-hour notice is requested to make proper arrangements for a tour of Pathfinder Ranches.
Swan Land Company has been authorized by the Seller to act as their Exclusive Real Estate Broker on the sale of Pathfinder Ranches.
The Sellers reserve 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 or step into the chain of title on any property that the Seller may acquire.
This entire Offering is subject to errors, omissions, prior sale, change, or withdrawal without notice. Information provided herein is intended only as general guidelines and has been obtained from sources deemed reliable; however, accuracy is not warranted or guaranteed by the Sellers, the Listing Brokers, or Swan Land Company. Prospective Buyers should verify all information to their sole and complete satisfaction.
The Seller is selling Pathfinder Ranches in an “as is” condition. Boundaries shown on any accompanying maps are approximate. The maps are not to scale and are for orientation purposes only. The accuracy of the maps and information portrayed thereon is not guaranteed or warranted.
Due Diligence Interview
Pathfinder Ranches
Q: What should a new owner know about the condition of the range and current grazing management?
Scott: Pathfinder has been carefully managed to balance productivity with long-term ecological health. The ranch currently operates at about 73% of its permitted AUMs, leaving a significant buffer for range resiliency, wildlife support, and rotational flexibility. That level of restraint is unusual for a property of this size and demonstrates the sellers’ long-term stewardship mindset.
Pathfinder Ranches President: We’ve worked hard to keep the range in excellent condition. Grazing is distributed across four distinct operating units, each with its own infrastructure, livestock flow, and seasonal timing. Pasture rotation and rest periods are built into the schedule every year. There’s a lot of capacity left if someone wanted to run at full AUMs, but it’s been managed with wildlife and long-term productivity in mind.
Q: What does nearly a million acres actually look and feel like?
Scott: Pathfinder Ranches is truly expansive. It makes up nearly 1.4% of Wyoming’s entire landmass. This kind of scale is almost impossible to replicate in the modern era. From one end to the other, it’s a 90-minute drive. When people ask how big it is, I tell them: you can stand on one mountain range, look to the next, and everything between is Pathfinder.
Pathfinder Ranches President: What makes Pathfinder feel even bigger is the variety. You’ve got high plains, river corridors, canyons, mountain foothills and entire mountain ranges. Each unit has its own elevation, vegetation, and timing. Some pastures are wide-open and gently rolling; others are steep and rugged. It’s not just big, it’s diverse. And that gives you options for grazing, for wildlife, for how you want to manage each piece of the puzzle.
Q: What’s the status of the conservation easement and how does it affect future improvements?
Scott: There is a pending conservation easement with the Wyoming Stock Growers Land Trust that covers about 17,400 deeded acres on the Sand Creek and Buzzard Ranches. It’s designed to support the ranch’s sage-grouse habitat bank and preserve the landscape’s working character. Grazing, hunting, ranch operations, and recreation are all still permitted under the terms of the easement.
Pathfinder Ranches President: The easement won’t get in the way of day-to-day ranch operations. We can still build fences, run livestock, and make improvements that don’t conflict with the conservation values. It mainly ensures that this portion of the ranch stays undeveloped and intact. The easement is also backed by an endowment that funds future monitoring and removes ongoing cost from the landowner.
Q: What could a transition away from leasing the grazing look like?
Scott: There’s a clear path forward for a buyer who wants to move away from the current leasing structure. The ranch is divided into four logical operating units, which makes it easier to phase out leases unit by unit, rather than all at once. Depending on the buyer’s goals, the transition could happen as soon as next year, allowing for infrastructure upgrades and staff placement as needed.
Pathfinder Ranches President: All the grazing leases are documents in formal agreements. However, these leases can be terminated in 180 days by formal notice, so there’s flexibility built in. If a new owner wants to step in and start running their own cattle, we could prioritize that on one unit and phase in others. Some of the lessees may even be open to staying on as managers or partners, depending on the arrangement. The groundwork is there to scale up quickly.
Q: How are sage-grouse mitigation credits valued and used today?
Scott: The habitat conservation bank at Pathfinder is the largest in the nation ever approved by the U.S. Fish and Wildlife Service, giving its owner a virtual corner on the mitigation credit market in Wyoming. It’s a rare, revenue‑generating conservation asset. Companies in energy, infrastructure, and development must offset impacts to sage-grouse habitat—and these credits are the mechanism. In many cases, purchasing credits also allows year-round access to project sites that would otherwise be seasonally restricted during lekking or nesting periods.
Pathfinder Ranches President: We manage the habitat bank with wildlife in mind—monitoring key areas, upgrading fencing, and improving forage—but it all works in concert with our grazing program. This isn’t conservation that pulls land out of use. It’s stewardship that strengthens the land and supports the herd. The bank doesn’t just preserve habitat; it fits the rhythm of working ranch life. This is conservation that works with ranching, not against it.
Q: What should a buyer know about the bighorn sheep restoration efforts?
Scott: Pathfinder has played a leading role in a landmark wildlife restoration effort in partnership with Wyoming Game and Fish and other agencies. The Pedro Mountains and surrounding ranges are historic bighorn sheep habitat, and restoring these populations has become a key part of Wyoming’s long-term conservation goals. For the right buyer, this is more than a legacy opportunity, it’s a chance to actively support species recovery on a landscape scale.
Pathfinder Ranches President: We’ve worked closely with Game and Fish on habitat protection and public access coordination to help re-establish bighorn sheep in the Sweetwater Rocks region. The terrain here is perfect, rugged, remote, lightly grazed, and protected from contact with domestic sheep. Restoration efforts are already underway, and there’s a real opportunity for the next landowner to continue or even expand the work. It’s been one of the most rewarding parts of managing this landscape.
Scott M. Williams
Michael S. Swan
Pathfinder Ranches
In the Press
Swan Land Company Closes Historic Sale of Pathfinder Ranches: One of Wyoming's Largest Cattle Empires Changes Hands
Swan Land Press Release
Pathfinder Ranches contains within it The Oregon Trail, Independence Rock, The Pony Express Trail, the North Platte and Sweetwater Rivers, Pathfinder Reservoir, and the country’s first and largest habitat conservation bank for sage-grouse.
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No, Zelenskyy Isn’t Buying 916,000-Acre Pathfinder Ranches — But Someone Is
Cowboy State Daily
A rumor that Ukranian President Zelensky is buying the 916,000-acre Pathfinder Ranch in Wyoming spread like wildfire Monday. But, it’s not true. However, an offer is pending on the $79.5 million ranch. No, Ukranian President Volodymyr Zelenskyy did not buy a ranch larger than Rhode Island in Wyoming, making himself the 10th largest landowner in the United ...
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New Owner Of Wyoming Ranch Larger Than Rhode Island Revealed (And It's Not Zelenskyy)
Cowboy State Daily
The new mystery owner of Wyoming’s massive Pathfinder Ranches — larger than Rhode Island — has finally been revealed, and, as Cowboy State Daily previously reported, it is indeed not Ukrainian President Volodymyr Zelenskyy.
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Mystery buyer of $79.5M Wyoming ranch revealed
The Independent (UK)
A Wyoming ranch bigger than the state of Rhode Island has a new owner, ending months of speculation over the mystery buyer.
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Mystery buyer of $79.5M Wyoming ranch 4 times the size of NYC — and larger than Rhode Island —is revealed
NY Post
The mysterious buyer of a Wyoming ranch four times larger than New York City and bigger than the state of Rhode Island has been identified as a chief executive officer and local politician who already owns a million acres of land.
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A Ranch Four Times the Size of New York City for $79.5 Million
New York Times
A vast ranch in central Wyoming straddles four counties and is equipped for commercial cattle operations, with a riding arena, a church and mountain views.
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This Wyoming Mega Ranch That’s Four Times Bigger Than New York City Is Now Up For Grabs
Maxim (International)
Pathfinder Ranch will attract ultra high-net-worth individuals who want to feed the world, or someone who loves conservation and wants to have some open space and fresh air. A ranch fit for a cowboy king is currently on the market for $79.5 million in central Wyoming. Spanning 916,076 acres—four times the size of New York City and ...
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This $79.5M Wyoming ranch is 4 times the size of New York City — and larger than Rhode Island
New York Post
By Emily Davis | Watch out, city slickers — you could fit more than four New York Cities inside this ranch. A 916,076-acre grazing empire in Wyoming listed this week for a grand total of $79.5 million, the New York Times reported. Pathfinder Ranches, which encompasses four separate properties, is one of the largest working ranches in the Rocky ...
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Eine Ranch, viermal so groß wie New York City, zum Schnäppchenpreis
Der Spegiel (German)
Ungefähr 17 Stunden – so lange dauert es, bis man eine Fläche von rund 370.000 Hektar zu Fuß durchquert hat. Jedenfalls, wenn die Fläche etwa quadratisch ist und man ohne Unterbrechung läuft. Der oder die zukünftigen Besitzer der Pathfinder Ranches im US-Bundesstaat Wyoming sollte(n) also über gutes Schuhwerk verfügen – oder über motorisierte Fahrzeuge –, wenn ...
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Giant ranch twice the size of London and FOUR times bigger than New York City goes on sale for $79.5m
Luxury Property News (UK)
Pathfinder Ranch in Wyoming spans 916000 acres with rivers historic trails cattle operations and a main lodge now listed for $79.5m offering a rare legacy ownership opportunity. Pathfinder Ranch boasts over 916,000 acres and includes a large cattle operation, a main lodge and even a church. The property features hardwood floors, stone and wood walls, and ...
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Wyoming Ranch Bigger Than Rhode Island Lists For $79.5 Million
Cowboy State Daily
By Renée Jean | Wyoming’s expansive Pathfinder Ranches come in at nearly 1 million acres — bigger than the state of Rhode Island. And it’s on the market for $79.5
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US ranch three times bigger than London up for sale for £60m
The Telegraph (UK)
Pathfinder Ranches in Wyoming features a nine-bedroom homestead and consists primarily of expansive meadows. A luxurious Wyoming ranch three times the size of London is up for sale for £60m ($79.5m…
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This Wyoming Ranch Is So Big It Has Its Own Vacation House—and It Just Hit the Market for $79 Million
Travel + Leisure
By Stacey Leasca | A ranch the size of Rhode Island is for sale in Wyoming. Here’s what it includes.
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Summit County Council Member’s company acquires million-acre Wyoming ranch
KPCW
The Pathfinder Ranches property is larger than Rhode Island. Lea este artículo en español aquí. The company Summit County Councilmember Chris Robinson owns with his siblings Alexander and Victoria, The Ensign Group, L.C., closed on Pathfinder Ranches in Wyoming Jan. 14. Pathfinder spans 916,000 acres and four counties in east central Wyoming. According to the ...
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Wyoming Ranch Spans Four Counties in Rocky Mountains | Hits Market for $79 Million | WION
WION (India)
A massive Wyoming ranch stretches across four U.S. states in the Rocky Mountains, making it one of the most unique properties in America.
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Find Out How to Own 916,000 Acres of Wyoming
My Country 95.5
If you have an extra $80 million lying around, you should look into buying the Pathfinder Ranch—916,076 acres of prime Wyoming land. When you break it down, you could own 1.45% of Wyoming’s total land area. Swan Land Company’s Scott Williams says about the ranch: “You look from one mountain range to the next, and the ...
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A ranch larger than Rhode Island is now for sale—and it looks straight out of Yellowstone
AS USA (Spain)
“This is not just a ranch, it’s an empire,” states the company charged with selling the Pathfinder Ranch located in the heart of Wyoming. The epic TV series that culminated in Yellowstone, starring Kevin Costner, was one of the most watched cable shows recently. Not just for its outstanding cast and the gripping story it ...
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Pathfinder Ranches in Photos
Robb Report
By Tori Latham | Pathfinder Ranches in Wyoming is spread across four counties and spans almost 1 million acres. The massive property, bigger than the entire state of Rhode Island, just hit the market for $79.5 million.
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Giant property twice the size of London goes on sale for £59m
Mirror (UK)
The massive property boasts almost one million acres of land that spans four counties. A giant ranch twice the size of London and four times bigger than New York City is now on sale for a huge $79.5m (£59m). Pathfinder Ranch boasts 916,000 acres and includes a large cattle operation, a main home lodge and even a church…
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Wyoming Ranch Spanning 1,431 Square Miles Lists for $79.5 Million
Mansion Global
A 916,000-acre cattle ranch in Wyoming—complete with a nine-bedroom lodge—hit the market Wednesday for $79.5 million. Pathfinder Ranches, located about 200 miles northwest of Cheyenne in Alcova, Wyoming, is “one of few remaining large cattle operations in the American West,” Ryan Lance, president of Pathfinder Ranches, said in a statement. “But more than that, Pathfinder represents ...
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Incredible €64.8m ranch four times the size of New York City comes with its own bar, church and river
Irish Mirror (Ireland)
A ranch four times the size of New York City is on the market for $79.5m (€64.8m) The Pathfinder Ranches is a sprawling 916,000-acre Wyoming cattle empire comprising 12 ranches under the unified ownership across four counties. In addition to being four times the size of New York City, the ranch is larger than the state ...
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Is This A Real-Life Yellowstone Ranch?
Country & Town House (UK)
‘Simply put, it’s freedom’ Four times the size of New York City, three times the size of London – at a little under 1 million acres (916,076 to be precise), this cattle ranch in Wyoming might just be the real life Yellowstone..
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Wyo. Stock Growers, Pathfinder Sand Creek Ranch partner to protect 17,757 acres
Rawlins Times
CHEYENNE — The Wyoming Stock Growers Land Trust and Ryan Lance, president and manager of the Pathfinder Sand Creek Ranch, finalized a conservation easement on Oct. 29 to permanently protect 17,757 acres in Carbon County. According to the press release, this move will safeguard productive agricultural land, vital wildlife habitats, and historic open-spaces.
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Nearly one million acres of Wyoming land listed for $79.5M
AGDAILY
A ranch in Wyoming so vast it’s bigger than the state of Rhode Island, and more than four times the size of New York City, is now for sale, with an asking price of $79.5 million. The Pathfinder Ranches, totaling more than 916,000 acres (about 1,431 square miles), stretch across Natrona, Carbon, Sweetwater, and Fremont counties. ...
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Ranch four times the size of New York City is for sale for nearly $80 million
Mirror (US)
A ranch four times the six of New York City is on the market for $79.5 million. The Pathfinder Ranches is a sprawling 916,000-acre Wyoming cattle empire comprising 12 ranches under the unified ownership across four counties. In addition to being four times the size of New York City, the ranch is larger than the state of Delaware, ...
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Pathfinder Ranches
- 916,076 Total
- $79,500,000
RIVER ROAD RANCH
- 163 Deeded
- $13,750,000
SOUTH CROWN RANCH
- 318 Deeded
- $10,800,000