
LEADORE ANGUS RANCH

Leadore, Idaho
$40,000,000
13,000± Acres

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Leadore, Idaho
$40,000,000
13,000± Acres

Set in the sweeping landscapes of eastern Idaho, Leadore Angus Ranch represents one of the Rocky Mountain West’s most remarkable legacy ranch holdings. Spanning approximately 148,000± total acres, including 13,000± deeded acres and more than 135,000± acres of leased grazing lands, this extraordinary river-to-mountain operation stretches from the fertile banks of the famed Lemhi River to the rugged peaks of the Continental Divide. Defined by its immense scale, natural beauty, and productive capability, the ranch offers a rare combination of premier cattle operations, exceptional sporting opportunities, and authentic Western heritage.
At the heart of the ranch lies a highly efficient and fully integrated cattle program capable of supporting more than 2,000 cow/calf pairs year-round, along with replacement heifers and herd bulls. The property features approximately 2,900± irrigated acres, including productive center pivots, native meadows, and fertile river bottoms that contribute thousands of tons of annual hay production. Home to the respected Leadore Angus Bull Sale, the ranch has built a strong reputation for quality registered Angus genetics and long-standing ranching tradition.
Equally impressive is the ranch’s recreational and wildlife appeal. With over eight miles of both banks of the Lemhi River flowing through the property, the ranch offers exceptional trout fishing in a truly private setting. Expansive wildlife habitat supports trophy bull elk, mule deer, whitetail deer, antelope, moose, bighorn sheep, upland birds, and waterfowl. Framed by panoramic views of the Beaverhead Mountains and Lemhi Range, the ranch captures the enduring spirit, scale, and beauty of the American West.
1 Leadore Angus Ranch | Leadore, Idaho
• 13,000± deeded acres, 135,000± leased acres, totaling 148,000± acres
• Over 30 miles of live water, including 8± miles of private, world-class angling on the Lehmi River. This section of the Lemhi river is a very important stretch for the king salmon that run all the way from the Pacific Ocean
• Forest service permits allowing about 1,300 AUs to graze the forest service allotments (81,000± acres) that go with the ranch; BLM permits for 5,250± AUMs for the BLM leases (54,000± acres)
• Ranch has the capacity to easily run 2,000± pairs year-round
• 1,700± acres under pivot to create a hay base that sustains the ranch year-round
• 1,000± acres of flood irrigated hay and pasture land
• Authentic and beautiful ranch compound comprised of historic homes and cabins that have been lovingly restored and beautifully appointed
• 200± head feedlot, with room to expand
• The compound includes both an indoor and outdoor riding/roping arena for the equestrian enthusiast
• Surrounded on three sides by large, privately held ranches and to the north by one of the
largest blocks of wilderness in the Lower 48 States
• Multiple homes, shops, barns, and working corrals
• The current owner is willing to sell cows and equipment to the new owner based on their desire
• Incredible hunting for trophy elk as well as excellent whitetail deer, mule deer, antelope, upland bird, and waterfowl hunting


This expansive ranch operation, located in Leadore, Idaho, encompasses approximately 13,000 deeded acres, supported by an additional 135,000± acres of leased grazing land. The property features 2,900± acres of irrigated ground, including 1,700± acres under center pivot and 1,200± acres of productive flood-irrigated river bottoms, creeks, and native meadows. The balance consists of diverse native rangeland and mountain pasture, providing excellent seasonal grazing capacity.





Situated in the productive ranching country surrounding Leadore, Idaho, this operation is well equipped to support 2,000+ cow/calf pairs, along with all necessary replacement heifers and herd bulls to sustain a fully integrated, yearround program. The scale, forage base, and infrastructure combine to create an efficient and highly functional cattle operation in the heart of eastern Idaho. The ranch is currently home to the Leadore Angus Bull Sale, recognized for offering premier registered Angus genetics. A carefully managed program supports both a substantial registered herd and a large commercial herd, providing flexibility, consistency, and long-term value. With strong production capabilities and an established reputation in the Angus industry, this ranch offers a rare opportunity to continue and expand a proven cattle program in a region known for quality livestock production.




Eight miles of private Lemhi River frontage puts world-class wild trout fishing at the front door. The hunting matches it, with trophy elk, mule deer, whitetail, antelope, bighorn sheep, upland birds, and waterfowl across a property buffered on all sides by wilderness and large private ranches. For the equestrian buyer, a fully equipped indoor roping arena with eight-plus stalls, tack room, and crow’s nest handles year-round riding, while the Salmon-Challis National Forest, at 4.3± million acres, begins at the ranch boundary and extends as far as the day allows.




Elk herds numbering 500+ animals have been counted on the property at a single time, and that number tells the story before the season opens. Beyond elk, the ranch holds trophy mule deer, whitetail deer, pronghorn antelope, moose, and bighorn sheep across its diverse terrain, with multiple moose encounters in a single day being common. Wing shooters will find Hungarian partridge, chukar, and sage grouse throughout the property, and each fall the ranch sits directly beneath a major Pacific Flyway corridor, drawing thousands of migrating ducks and geese to the river bottoms and irrigated fields. Few properties in the Northern Rockies match this combination.

Over eight miles of private access to both banks of the Lemhi River anchors a wild trout fishery. Brook, rainbow, and cutthroat trout average 14 to 16 inches, with consistent opportunities at fish in the 18 to 20-inch class. The season opens with the Mother’s Day caddis hatch, shifts to exceptional hopper fishing from July through September, and provides excellent fishing with nymphs and streamers throughout the year. Anglers wanting more water, the Beaverhead and Big Hole Rivers in Montana are a short drive north, adding two of the West’s most celebrated blue-ribbon fisheries to the itinerary.
The name Leadore comes directly from what early prospectors found in the surrounding mountains: lead and ore. In the late 1800s, that discovery drew miners, merchants, and settlers into the Lemhi Valley, establishing one of the Northern Rockies’ more remote outposts during a period when the West was still being mapped.
As mining activity shifted, the ranchers moved in and recognized what the valley had always offered: reliable water, deep native grasses, and ground that raised good cattle. Generations of families built operations here and stayed, creating a ranching culture defined less by trend than by continuity.
The region’s history runs even deeper. The Lewis and Clark Expedition passed through the Lemhi Valley in the early 1800s, decades before the miners arrived, making this one of the most historically significant corridors in the American West.
Leadore today reflects all of it: a quiet, working community where the land has been in serious production for well over a century, and the people who work it have not forgotten how it started.


Salmon, Idaho, lies 40± minutes to the west and offers full-service amenities, a regional airport, and access to the Salmon River. Dillon, Montana, to the north, adds dining and FBO support for private aircraft. Idaho Falls provides commercial flights, medical facilities, and city services to the south. Closer to the ranch, Dubois, Idaho, covers day-to-day needs.
The Salmon-Challis National Forest begins at the ranch boundary. The Beaverhead Mountains and Lemhi Range frame the horizon, and the Lewis and Clark Trail passes through the valley. The infrastructure to support serious ranch ownership is within reach. The solitude that makes it worth owning is already here.
Leadore sits in Lemhi County, Idaho, where ranching is not a lifestyle choice but a generational tradition. The town provides essential services, including a school, general store, and post office, within a close-knit community built around the land.
Salmon, Idaho, is 40± minutes to the northwest and offers regional services, dining, and airport access along the historic Salmon River. As the birthplace of Sacajawea and the gateway to the Frank Church-River of No Return Wilderness, the largest contiguous wilderness in the Lower 48, Salmon anchors a region that ranks among the most historically and recreationally significant in the American West.


The ranch is served by four airport options at varying distances. The Leadore airstrip is minutes from the property and handles light aircraft for direct daily access. Salmon, Idaho, 40± minutes to the northwest, offers a regional airport serving general aviation and charter flights. Dillon, Montana, to the north, provides a municipal airport with FBO support for private aircraft. Idaho Falls, Idaho, serves as the commercial hub, with daily flights to major western cities, rental car services, and full passenger amenities. The result is a property that feels genuinely remote and remains genuinely accessible.




Multiple water rights will transfer with the sale of this ranch. The list is extensive, and a copy of the water right can be provided upon request.
All mineral rights appurtenant to the property and owned by the seller will convey to the buyer at closing. Mineral rights are not guaranteed. It is suggested that the buyer conduct a mineral search with a title company.
www.fayranches.com | 800.238.8616 | info@fayranches.com
The Lemhi Regional Land Trust has a conservation easement on a portion of the property.
Each of us at Fay Ranches loves the land and wants to see it remain a productive agricultural ground and a quality fish and wildlife habitat. Through promoting thoughtful land stewardship, Fay Ranches has guided owners toward a legacy of conserving wide-open spaces, enhancing and creating fisheries and wildlife habitats, and implementing sustainable agricultural operations. Fay Ranches is proud to say that since our company began in 1992, our clients’ conservation ethics and land-use practices have significantly enhanced our work landscape.


Leadore Angus Ranch runs from the Lemhi River to the Continental Divide across 148,000± total acres of eastern Idaho cattle country. The operation is proven and turnkey: 2,000± cowcalf pairs, a well-regarded registered Angus bull sale, and 2,900± irrigated acres producing enough hay to feed the cow herd. Eight± miles of private Lemhi River trout water and some of Idaho’s most productive elk habitat round out a property built to be owned for generations, not seasons.




$40,000,000 Cash
Conventional Financing 1031 Exchange
Please contact RJ Patterson at (406) 544-6007 | rpatterson@ fayranches.com to schedule a showing. This is an exclusive listing. An agent from Fay Ranches, Inc. must be present at all showings, unless otherwise noted or other arrangements are made. To view other properties we have listed, please visit our web page at www. fayranches.com.
Offer is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classification, carrying capacities, maps, etc., is intended only as a general guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purchasers are encouraged to research the information to their own satisfaction.






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