PINEY RIDGE RANCH
Upton, Wyoming $13,750,000
2,099.43± Acres
INTRODUCTION
Welcome to the Piney Ridge Ranch—a premier legacy property in the western Black Hills of northeastern Wyoming. Encompassing 2,099.43± deeded acres and bolstered by over 1,279± acres of additional State and National Forest leases, this ranch offers a rare blend of privacy, production, and outdoor recreation. Anchored by a stunning 6,500± square foot custom log home, the improvements are as functional as they are breathtaking. A heated 130’ x 275’ indoor arena with stalls, tack room, and pipe roping setup provides an ideal setting for year-round equestrian pursuits, while extensive outbuildings, loafing sheds, and a full cattle working facility support a self-sufficient cow/calf operation rated for 225 pairs.
The ranch features a diverse mix of rolling meadows, pine-covered ridges, and oak-lined draws, creating an ideal habitat for trophy elk, deer, antelope, and upland birds. Two landowner elk tags are currently issued annually, underscoring the property’s strong wildlife presence. Water is abundant across the ranch, with three permitted wells and a poly pipeline network feeding 18 stock tanks, plus springs and reservoirs that provide additional stock water.
Situated 16± miles northeast of Upton and 23± miles south of Sundance, the property offers unmatched access to both tranquility and adventure. The region is rich in recreational opportunities, from fishing at Keyhole Reservoir to hiking at Devils Tower, with the cultural heritage of Deadwood and the grandeur of Mount Rushmore and Crazy Horse Memorial just a scenic drive away. Whether you’re looking to ranch, recreate, or retreat, the Piney Ridge Ranch stands ready to deliver the very best of Wyoming’s wild and working West.
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Piney Ridge Ranch | Upton, Wyoming
QUICK FACTS
• 2,099.43± deeded acres
• 640± State of Wyoming lease acres
• 639.52± Forest Service leased acres
• 6,500± square foot Custom log home
• 130’ x 275’ heated indoor arena
• 1,184± square foot guest home
• Steel pipe corral system
• Excellent elk, deer, and upland bird hunting
• Two Landowner Elk permits
• Fenced into 12 pastures
• Owner-rated at 225 cow/calf pairs year-round
• Located in the Black Hills of Wyoming
Piney Ridge Ranch | Upton, Wyoming
ACREAGE
• 2,099.43± deeded acres
• 1,279.52± leased acres
• 3,378.95± total acres
The Piney Ridge Ranch combines open grass meadows, Ponderosa pine-covered hills, and oak and strewn drainages. It is an incredible mix of forage and habitat for cattle and wildlife alike. The 2,099.43± deeded acres are further benefitted by adding a 640± acres State of Wyoming lease on the north end of the ranch and a 639± acre National Forest lease on the south. The elevation of the ranch is 4,900± feet.
The ranch is fenced into 12 pastures, giving the operator the ability to rotational graze it. Stock water is available in each pasture, and spring-fed ponds and reservoirs across the ranch provide additional stock water. The ranch has previously produced approximately 800 round bales of dryland hay annually. The seller does not hay the property currently but chooses to graze it.
Piney Ridge Ranch | Upton, Wyoming
Piney Ridge Ranch | Upton, Wyoming
IMPROVEMENTS
The ranch is meticulously cared for, and no place shows that more than the improvements. The pinnacle of the entire ranch is the majestic custom log home overlooking the ranch and the compound.
MAIN RESIDENCE
The main residence is a beautiful custom 6,500± square foot log home featuring two stories and a full walkout basement. The home has been significantly updated in the last two years, with new flooring throughout, new windows and exterior doors, new granite countertops in the kitchen and bath, and a new roof, and the exterior has been sandblasted and refinished in a warm natural stain. The home features five bedrooms, 4.5 baths, an office area, and a great room with 28foot vaulted ceilings. The home is heated by in-floor radiant heat supplied by a Crown Royal wood boiler with a propane boiler backup.
The spacious kitchen is a chef’s delight. You first notice the striking granite countertops and the amount of workspace, then realize the kitchen is equipped with a Viking gas double oven range, commercial refrigerator, pantry, and its own access door to the patio. The covered deck and patio provide the outdoor venue to enjoy the scenery after a long day on the ranch.
The natural wood, fireplaces, custom light fixtures, and western flare accompanying a log home all make this home an inviting, peaceful sanctuary.
Piney Ridge Ranch | Upton, Wyoming
Piney Ridge Ranch | Upton, Wyoming
GUEST HOME
The guest home is a 1,184± square foot three-bedroom, one-bath ranch-style home. It, as well, has been updated. New windows, roof, and new paint on the interior and exterior. One of the original barns sits in the same compound, complete with a metal pipe corral, stock water, and electricity. A new roof has also been installed on the barn. It has a detached two-car garage. This home is well suited for visitors or a caretaker.
ARENA
The working improvements are not to be overlooked by any means. At the center of the compound sits a 130’ by 275’ indoor arena that is ready for team roping, barrel racing, cutting, or whatever you and your horse desire. The arena has also been updated, with new insulation in the walls and ceiling, and new colored metal has been installed on the exterior, including the roof. The arena boasts 11 box stalls, each with water. The corral system inside is made of welded pipe with a roping chute, stripping chute, and return alley. The arena is heated with four propane unit heaters and fully lighted, making it useable any time of day or the year. Other amenities include a bathroom, wash rack, two tack rooms, and hay storage. A round pen is conveniently located just outside the arena for additional training purposes. 13
Piney Ridge Ranch | Upton, Wyoming
OUTBUILDINGS & CORRAL
The ranch has several additional outbuildings, including a 3,034± square foot Quonset utility/shop building, a 14’ x 320’ loafing shed that can be used for calving or for horse pens, a 35’ X 70’ equipment shed, and a 36’ x 44’ heated shop with double garage doors. To round out the working improvements are the all-metal pipe cattle working facilities, complete with an enclosed hydraulic chute and hydraulic calf chute. The corral system comes with sorting alleys, tub, and loading chute. The corral system was designed for minimal labor and ease of handling livestock.
Piney Ridge Ranch | Upton, Wyoming
RECREATION
In Wyoming’s Black Hills, Upton offers year-round recreation and a strong sense of community. Explore nearby Devils Tower, fish at Keyhole Reservoir, or ride horseback through ponderosa pine forests. The area is a haven for hunting, fishing, camping, and off-road adventure and is surrounded by public lands like Black Hills National Forest and Thunder Basin National Grassland. Wildlife is abundant, and winters bring snowmobiling and skiing—even in town. Local festivals, rodeos, and museums celebrate Upton’s Western roots and history.
FISHING
Northeastern Wyoming offers a range of fishing opportunities for all skill levels. Keyhole Reservoir, just northeast of Upton, spans 14,000 acres and is known for walleye, pike, bass, crappie, perch, and catfish. With five boat ramps and yearround access, it’s ideal for boat, shore, and ice fishing. For a quieter experience, Thunder Basin National Grassland has warm water spots like Turner and Kellogg Reservoirs with smallmouth bass and bluegill. Fly anglers can head east to the Black Hills’ clear, spring-fed streams like Sand Creek, where brown trout challenge even seasoned fishermen.
Devils Tower
Photo not taken on property
Photo not taken on property
Photo not taken on property
HUNTING | WILDLIFE
The Piney Ridge Ranch is an outstanding hunting property. A significant elk herd resides on the ranch, producing excellent trophy bulls. The seller currently receives two Landowner Elk Permits for Hunt Area 117. Both whitetail and mule deer have sustainable populations on the ranch, with the whitetail deer being the more prominent. The ranch lies in Deer Hunt Unit 6, a general, over-the-counter tag for residents. Antelope are also found on the ranch and are also in a general, over-the-counter tag for residents in Hunt Unit 5. For the bird hunter, Sharptailed grouse and turkey provide ample opportunities to test one’s skill with a shotgun.
17 Piney Ridge Ranch | Upton, Wyoming
AREA HISTORY
Steeped in the spirit of the Old West, Upton, Wyoming, proudly embraces its frontier roots. Originally a key stop along the historic Custer-Belle Fourche Trail, Upton played a role in cattle drives that moved herds across the plains in the late 1800s. The railroad’s arrival in the early 20th century transformed the area into a vital shipping hub for timber, livestock, and coal, anchoring the town’s early economy. Western heritage remains strong today, celebrated through local rodeos, brandings, and community events like Upton Fun Days. Echoes of pioneer life still linger in nearby historic sites, museums, and preserved prairie landscapes, offering a glimpse into the rugged determination that helped settle the Wyoming Black Hills.
Photo not taken on property
NEARBY ATTRACTIONS & ACTIVITIES
The Upton area is perfect for exploring some of the region’s most iconic attractions. Just over an hour’s drive away, Deadwood, South Dakota’s historic town, invites visitors to walk the same streets once traveled by Wild Bill Hickok and Calamity Jane, with preserved 19th-century architecture, casinos, and museums. A bit farther into the Black Hills, you’ll find Mount Rushmore National Memorial—an awe-inspiring tribute to four US presidents carved into granite—and the Crazy Horse Memorial, an ongoing monument to Native American heritage. Closer to home, Devils Tower National Monument rises dramatically from the prairie just north of Upton, offering hiking, climbing, and cultural insight. Combined with Keyhole State Park’s fishing and boating opportunities and the rugged beauty of the Black Hills National Forest, the area surrounding Upton delivers rich history, outdoor adventure, and unforgettable sightseeing.
Photo not taken on property
19 Piney Ridge Ranch | Upton, Wyoming
CLIMATE
The Upton area is considered semi-arid and enjoys a true four-season climate. The ranch sits at 4,900± feet in elevation and sees an average of 15 inches of precipitation per year.
Climate charts courtesy of https://www.city-data.com/city/Upton-Wyoming.html
www.fayranches.com | 800.238.8616 | info@fayranches.com
CONSERVATION | STEWARDSHIP
Each of us at Fay 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 has guided owners toward a legacy of conserving wide-open spaces, enhancing and creating fisheries and wildlife habitats, and implementing sustainable agricultural operations. Fay 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.
MINERAL RIGHTS
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.
WATER RIGHTS
The Piney Ridge Ranch is well-watered. Three permitted wells supply water to 18 tanks via an underground 2” poly pipeline. Additional stock water is available from reservoirs, springs, and ponds.
21 Piney Ridge Ranch | Upton, Wyoming
Situated in the rolling foothills between Sundance and Upton, Wyoming, this property lies in the heart of the western Black Hills—where wide-open rangeland meets towering pine ridges. The location offers a rare combination of privacy and accessibility. Upton’s small-town services are only minutes away, and regional hubs like Rapid City, South Dakota, and Gillette, Wyoming, are within easy reach. Outdoor adventure surrounds the area, from the nearby Thunder Basin National Grassland to the scenic drives and historic landmarks of the greater Black Hills. Whether you’re headed to Devils Tower, Deadwood, or Mount Rushmore, this property places you at the gateway to some of the region’s most iconic destinations.
www.fayranches.com | 800.238.8616 | info@fayranches.com
GETTING THERE
To reach the Piney Ridge Ranch from Upton, Wyoming, travel northeast on State Highway 116 for 10 miles and turn right onto Dry Creek Road, a county-maintained gravel road. Travel approximately 6 miles to reach the ranch.
From Sundance, Wyoming, travel approximately 17 miles on State Highway 116 to Dry Creek Road, turn left, and travel approximately 6 miles to the ranch.
AIRPORT SERVICES
Two cities provide commercial air service to the ranch. Campbell County Airport, located in Gillette, Wyoming, 60± miles northwest, provides daily commercial flights. Rapid City Regional Airport, about 110 miles east, is a larger airport with more daily options.
Piney Ridge Ranch | Upton, Wyoming
Piney Ridge Ranch | Upton, Wyoming
SUMMARY
The Piney Ridge Ranch is a premier 2,099.43± acre legacy ranch in the heart of Wyoming’s Black Hills. With additional leased acreage and exceptional improvements—including a 6,500± square foot custom log home and a 130’ x 275’ indoor arena—the ranch supports 225 cow/calf pairs and offers year-round equestrian use. Trophy elk, deer, and upland bird hunting abound, with two landowner elk tags issued annually. Ample water, diverse terrain, and well-designed infrastructure make this a turnkey operation. Piney Ridge Ranch is the ideal blend of production, recreation, and Western lifestyle, surrounded by iconic destinations like Devils Tower and Mount Rushmore.
www.fayranches.com | 800.238.8616 | info@fayranches.com
Piney Ridge Ranch | Upton, Wyoming
Please contact Neil Bangs at (307) 217-0327 | nbangs@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.
$13,750,000 Cash
Conventional Financing 1031 Exchange
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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