Mill Iron Ranch

Mill Iron Ranch DUBOIS, WOMING

Birds Eye View of the Mill Iron Ranch Dubois, Wyoming

Mill Iron Ranch DUBOIS, WYOMING

In the heart of Wyoming sits a unique offering known as the Mill Iron Ranch. Covering over 220 acres bordered by BLM in the shadow of the Absaroka Mountain Range, this property blends traditional ranching with upscale dude operations. Conveniently located along the Horse Creek corridor just 5 miles north of Dubois, you will find a ranch compound which includes a 7000sf lodge, guest cabins, stables, ranch manger housing, equipment buildings, hay barn plus the original updated homestead cabin and school house. This is an opportunity to own a slice of western hospitality.

Live the dream—Wyoming, Wild West Forever.

Jo Gathercole, associate broker 307.730.1154 jogathercole@jhrea.com www.jogathercole.com

Greg Wallace, associate broker 307.200.1924 gregwallace@jhrea.com JacksonHoleRealEstateInvestments.com

Mill Iron Ranch - A Corporate Retreat ~ Dude Ranch

A History of Life in the West‌.

is the ongoing saga of the Mill Iron Ranch. The land was originally homesteaded in 1899 by Hank and Maggie Boedecker. The young couple started a cattle business which was passed down through the family until 1917 when it was sold to there oldest son.

The Boedecker’s raised 9 sons and 2 daughters to help continue their legacy.

Hank led a colorful life which included being a hunter for a survey company, stagecoach driver and eventually a lawman who helped escort Billy the Kid to the Wyoming State Prison in 1894. At the turn of the century, Hank hunted and killed a record setting trophy Rocky Mountain Big Horn sheep. This caught the attention of Winchester who liked to use real life action heroes to sell their particular brand of rifle. They tracked Hank down, and in exchange for a brand new Model 94 rifle and 1,000 rounds of ammunition, Hank agreed to be pictured in an ad for Winchester rifles. He got his picture in the local papers and it was quite a big deal!

Eventually, the ranch was sold and expanded to an upscale dude ranch.

The property continues to be used for ranching with portions being farmed for hay and others used for grazing livestock. The entire ranch is fenced with additional cross fencing, corrals and a stable/tack room for horses. Irrigation water rights comes through Little Horse Creek and a registered well on the property. Approximately 90 acres can be used for growing crops. There are numerous metal utility buildings to store equipment, hay and supplies. Three additional custom homes can be used for rental, employee housing or office space. Guests will enjoy quaint cabin accommodations along with a magnificent lodge for central meals and meetings. Great care was given to preserve the original homestead cabin and schoolhouse. Both are now an integral part of the operations at the ranch.

Mill Iron Ranch is close to the Shoshone National Forest and Washakie Wilderness which offers year round recreational opportunities for the avid outdoorsman. Enjoy hiking, fishing, ATV, horseback riding or winter snowmobiling and skiing. The possibilities are limitless for those with the love of the outdoors. Located east of the Continental divide, the climate is somewhat mild with snowfall averages 47 inches with over 300 average sunny days per year.

The town of Jackson Hole is less than 90 miles away with additional guest services including an airport with direct flights to many domestic hubs. The nearest community of Dubois is one of the gateways to Grand Teton and Yellowstone National Parks. Dubois is a small western town with a big heart, giving visitors a taste of what friendly hospitality is all about. It’s a well kept secret for those seeking adventure, big open vistas and peaceful solace.

The Mill Iron Lodge with nearby Guest Cabins.

The Homestead School Cabin built in the early 1900’s.

Below is the original homestead cabin built in the early 1900’s. Updated and preserved the cabin is now used as one of the guest cabins.

Front view of the Lodge is right.

Four duplex guest cabins, which is eight units, were built in 1998. Each unit has it’s own bathroom and bedroom.

Used as an office, this 1200sf building could easily be converted into an additional living space. Built in 1999 .

North end of the property with views of Horse Creek and beyond.

Inside the Mill Creek Ranch Lodge‌

Large bar area.

A large commercial kitchen allows for meal preparation for guests and visitors.

Two additional homes are currently being rented. Can also be used for a manager or additional visitors.

A Beautiful summer day at the Mill Iron Ranch.

An abundance of wildlife can be seen at various times on the ranch property. The hundreds of acres of rolling mesas, surrounding the ranch, make this an ideal haven for all kinds of big and small animals alike.

Wyoming is a year round paradise for anyone who loves the outdoors. Whether you are looking for an adventure in the Wind River mountains or experiencing the excitement of a rodeo, you won’t be disappointed. Try your hand at snowmobiling in the winter or maybe fly fishing in the summer. Grand Teton and Yellowstone National Parks are within easy driving distance of Mill Iron Ranch. Opportunity abounds for those who want to explore nature whether you’re on the go or sitting back enjoying the scenery.

919 Acres

236.3 Acres

48.24 Acres 63.69 Acres

MILL IRON RANCH 220 Total Acres 7700sf Guest Lodge Commercial Kitchen/Bar 4 Guest Duplex’s Remodeled Homestead Cabin Original School House/Cabin Office Building 2 Managers/Rental Homes 2 Large Prefab Utility/Storage Buildings Hay Barn Stable/Tack Room/Corrals 88 Acres of Hay Fields MLS # 16-2127 Priced at $3,245,000

TAX FRIENDLY WYOMING Wyoming remains one the most tax-friendly states in the nation year after year. If you are looking to stretch your retirement dollars or protect your estate this can be a very important consideration. Here are 10 good reasons offered by Brian Jones, a senior vice president at Bank of Jackson Hole, why it’s good to make Wyoming your residence: 1. No state income tax: With no state tax on personal or corporate income, “you have more disposable income,” Jones says.

2. Dynasty trusts: In Wyoming, you can shield your real estate from federal estate taxes for up to 1,000 years through a dynasty trust. “You can establish a trust in Wyoming for the benefit of your family or other beneficiaries,” Jones says. “You can transfer your real estate into a limited liability company or family partnership and then put that into the ‘dynasty trust,’ which can continue for a thousand years.” As a result, multiple generations can make use of and enjoy the property, without having to pay estate taxes or worse, having to sell the property in order to pay the taxes. A key point to remember: The trust must be administered in Wyoming.

3. No inheritance tax: “Wyoming can collect a very limited estate tax, which is tied to the federal estate tax credit, but you have to have a very large estate before that would kick in,” Jones says. “But in general, Wyoming doesn’t collect any inheritance tax."

4. No state gift tax: “Somebody who owns property in Wyoming can ‘gift’ that real estate to their heirs without having to worry about paying a state gift tax,” Jones says.

5. No tax on out-of-state retirement income: “A lot of people in Jackson Hole use Wyoming as a second home,” Jones says. “They have retirement income that comes from other states where they may be a resident. Wyoming doesn’t tax that retirement income that’s earned outside of Wyoming, which is certainly beneficial.”

6. Low property taxes: “Wyoming has very low property taxes compared to other states,” Jones says. “The taxes that you do pay here are based on the assessed value of the property.” For Teton County, he says, the rate is 1.2 percent of a property’s assessed value. The rate for the city of Jackson is 8/10 of 1 percent.

7. No excise taxes: When you fill up your car’s gas tank or buy a bag of groceries in Wyoming, you won’t pay any state tax on your gas or food.

8. No tax on mineral ownership. “A lot of states charge owners a tax on their mineral ownership, but Wyoming does not,” Jones says.

“If you own minerals, you won’t pay a tax on it like you would your home.

9. No intangible taxes: Wyoming doesn’t make you pay a tax on financial assets like stocks and bonds.

10. No tax on the sale of real estate.

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Jackson, Wyoming 80 West Broadway, 83001 ~ P.O. Box 4897 307.730.1154 ~ 307.200.1924 www.JHREA.com ~ 888.733.6060