Ghost Creek Ranch CODY, WYOMING
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Ghost Creek Ranch CODY, WYOMING Hunting | Ranching | Fly Fishing | Conservation Ghost Creek Ranch CODY, WYOMING Introduction ocated in the heart of the Beartooth Mountain Range is the LGhost Creek Ranch. With 131 deeded acres the ranch is just 18 miles south of Cooke City, Montana and an hour drive from Cody, Wyoming, along the world-famous Chief Joseph Highway. The ranch is protected on three sides by Shoshone National Forest. The setting is extremely private and commands spectacular 360-degree views of the surrounding 11,000-foot peaks. Currently utilized as a cow camp, there is a small two-bedroom cabin, and the original homestead cabin. The property is otherwise undeveloped and is ready for an incoming owner who will have the option of several exceptional building sites. Situated between towering cliffs and the Clarks Fork River, the scenery is stunning and wildlife is abundant including, deer, elk, moose, bears, and mountain lions. Ghost creek runs through the middle of the ranch enhancing the lush vegetation and habitat. The rolling terrain is a combination of open pastures, aspen groves and pine forest. The property lends its self well to unlimited recreational opportunities, from horseback riding, hiking, biking, snowmobiling and cross-country skiing to general exploring. With all the beauty and splendor of the area, wildlife and proximity to Cody, Ghost Creek Ranch offers an ideal setting for private mountain retreat, hunting camp, www.livewaterproperties.com Hunting | Ranching | Fly Fishing | Conservation Contact TOBY GRIFFITH ASSOCIATE BROKER C: 307.272.8629 Ghost Creek Ranch boasts 131 acres, Acreage framed by aspen, pines and lush pastures. 131 ACRES The land offers an ideal setting for SURROUNDED BY building sites with 360 degree views of 11,000 FOOT PEAKS the surrounding 11,000 foot peaks and IN THE BEARTOOTH the Beartooth Mountains. The ranch is MOUNTAINS. located in the small mountain community of Crandall which has long been sought after for its spectacular private settings, hunting, fishing and recreation. Ghost Creek Ranch is one of the few properties left in the area not encumbered by a conservation easement. Due to the dynamic ecological and scenic attributes of the property, a potential conservation easement offers an incoming landowner the opportunity to capture significant tax benefits with the placement of an easement, thereby preserving the wild and scenic qualities of the ranch in perpetuity. Hunting | Ranching | Fly Fishing | Conservation Hunting | Ranching | Fly Fishing | Conservation Hunting | Ranching | Fly Fishing | Conservation Hunting | Ranching | Fly Fishing | Conservation The Chief Joseph Scenic Byway is named after the Native American chief of the Nez Perce Tribe. Following the Battle of the Big Hole in Idaho in 1877, Chief Joseph fled east through Yellowstone. He and 1,000 members of his tribe ran from the US Cavalry, who were trying to force the tribe onto a reservation so that white ranchers could have their lands. After crossing through what is now Yellowstone National Park, the Nez Perce evaded capture in the remote Clarks Fork Canyon. The Nez Perce finally surrendered after the six-day Battle of the Bear Paw in northeastern Montana. During the 19th century, the History Western frontier slowly developed FOUNDED BY BUFFALO a mystique and a national BILL IN 1896 THE TOWN reputation centered on ranching, OF CODY WAS CHOSEN big game hunting, and the independent unfettered nature FOR ITS PROXIMITY TO of Western life. As the railroads YELLOWSTONE, ABUNDANCE expanded the famous Buffalo Bill OF WILDLIFE AND LAND Cody’s Wild West show fueled AVAILABLE FOR FARMING the nation’s imagination, soon AND RANCHING. folks from back East and around the world traveled to Wyoming to experience the grandeur of the Rocky Mountains. The town of Cody is located on the Shoshone River in the Bighorn Basin in northwest Wyoming. This basin is surrounded by mountain ranges on three sides: the Absarokas to the west; the Owl Creek Mountains to the south; and the Bighorn Mountains to the east. Founded by Buffalo Bill in 1896 the town of Cody was chosen for its proximity to Yellowstone, abundance of wildlife and land available for farming and ranching. Improvements Mostly undeveloped Ghost Creek Ranch improvements include a small two bedroom cabin, and historic homestead cabin. With power to the property, the ranch offers several exceptional building sites for an incoming owner. Nearby Originating in the high mountain peaks close to Livewater the Montana/Wyoming border the Upper Clarks THE CLARKS FORK OF THE Fork headwaters are near the town of Cooke City, Montana, some 18 miles north of Ghost YELLOWSTONE RIVER Creek Ranch. From here, the river flows within a few hundred yards from the western boundary of Ghost Creek Ranch and continues to parallel the highway for 17 breathtaking miles facilitating excellent public access. Fly fishermen can enjoy the blue-ribbon trout fishery for brook trout, rainbow trout, and Yellowstone Cutthroat trout. Although some access points that offer the best fishing require walking in relatively steep terrain, populations of trout are abundant throughout the upper section of this high mountain river. The fisheries here are maintained by natural reproduction and managed as a wild fishery. Hatches are abundant, caddis is the predominant hatch, but there are plenty of golden stones, green drakes, blue-winged olives, flavilinea, pale-morning duns, and gray drakes. Fishing the Clarks Fork of the Yellowstone River offers large trout, beautiful floating opportunities and good public access to the river for all fishermen who want that perfect fishing adventure. The Clark’s Fork is also famously known for the spectacular 20 mile-long canyon it carves between the Beartooth Mountains on the north and the Absaroka Mountains to the south. Hemmed in by 1,200-foot high sheer granite walls, the canyon section was included in the National Wild and Scenic Rivers System in 1991. Kayakers from around the world are attracted to this canyon by its continuous class IV – VI rapids, waterfalls, and plunges. The Box Canyon of the Clarks Fork of the Yellowstone River is one of the most challenging multi-day runs in North America. The river cuts through the third deepest canyon in the lower forty-eight, and can only be accessed by kayakers or climbers. The Box Canyon itself possesses an indescribable, surreal beauty that is matched only by the power and difficulty of its rapids; however, portages in the Box begin end in deadly drops with no way out, so aggressive boat scouting is not recommended. Wildlife GHOST CREEK RANCH Surrounded by National Forest on three sides, PROVIDES ONE OF THE the area is known for its natural beauty and is home to many different species of wildlife AREAS’ MOST DIVERSE including elk, moose, mule and whitetail WILDLIFE VIEWING deer, antelope. Bear, mountain lion, wolves, ENVIRONMENTS. bobcats, and big horn sheep can all be found in the nearby Shoshone National Forest. This Wyoming getaway provides plenty of viewing opportunities for various types of hawks, eagles, owls, pheasants, grouse and songbirds. Location • 50 miles to Cody • 18 miles to Cook City • 55 miles to the northeast entrance of Yellowstone National park • 85 miles to Red Lodge Ski Mountain host Creek Ranch is located between Cody and Cook City, Montana along Gthe famous Chief Joseph Highway. Well known for its jaw dropping scenery the road connects Cody with the Beartooth Highway and the Northeast entrance to Yellowstone National Park. Considered one of the most popular gateway communities to the Park, Cody is the Park County seat. With a population of 9000, Cody provides everything a resort community has to offer. Amenities include state-of-the-art medical facilities, fine dining, excellent lodging, art galleries and museums including the prestigious Buffalo Bill Historical Center. The Yellowstone Regional Airport is the commercial airport in Cody, and it is serviced by Delta and United with connections to Salt Lake City and Denver International Airports. Recreation Recreational opportunities at the ranch and in the area are unlimited. With white water rafting, hiking, camping, world-class trout fishing, and one of the largest contiguous tracts of national parks, forest and wildlife management areas in the country, Ghost Creek Ranch is the perfect staging property for the outdoor enthusiast. For the downhill skiers within a short drive is Red Lodge Ski Mountain and Sleeping Giant Ski area just east of Yellowstone. Wyoming Tax Benefits BLOOMBERG WEALTH MANAGEMENT MAGAZINE CONSISTENTLY RATES WYOMING AS THE #1 TAX FRIENDLY STATE IN AMERICA FOR BOTH INDIVIDUALS AND CORPORATIONS Bloomberg Wealth Management magazine consistently rates Wyoming as the #1 Tax Friendly State in America for both individuals and corporations. Land ownership in Wyoming can offer significant reductions in federal income taxes through the strategic use of conservation easements while protecting this valuable resource that we all cherish. Here are the “lucky” thirteen reasons to purchase and stay in Wyoming for state residents: • No state income tax on personal or corporate income • No state inheritance tax or estate tax • No state excise taxes on gas or food • No tax on the sale of real estate • No state capital gains tax • Dynasty trusts are permitted to shelter assets from generation to generation • Wyoming Close LLC statute • No tax on out-of-state retirement income • No state gift tax • No intangible taxes on financial assets • No personal property tax on property held for personal use • No tax on individual mineral interest • Lower property taxes based on the assessed value Summary Ghost Creek Ranch offers an opportunity to own an extremely private setting in one of the most dramatically beautiful locations in the country. Bordered on three sides by National Forest the ranch offers 131 deeded acres with lush pastures, aspen groves and pine forests. Recreational activ- ities abound in every season – from cross-coun- try skiing, snowshoeing and snowmobiling in the winter to hiking, horseback riding, hunting and world class fishing.