355 Bar None Drive Thermopolis, WY 82443

Bar None Morgan Ranch is a 57.02± acre river-fed equine and irrigated property with direct access from Highway 20 and location approximately three miles south of Thermopolis. About 21± acres of established alfalfa are irrigated under a Valley pivot system supplied by a pump-fed 12-inch pipeline drawing from the Bighorn River, supported by adjudicated surface water rights with early 1900s origins.

The ranch includes a remodeled 3-bedroom, 2-bath residence originally built in 1965, with updates including Pella windows (2014), steel siding (2014), and a roof replaced in 2019. City water services the home, while a separate well supplies water to yard, corrals, barns, and working improvements. Heating is provided by a radiant in-floor boiler system with a recently updated boiler.

At the center of the equine operation is a 60' x 150' heated steel Morton building with 8-inch concrete floors and overhead radiant heat, featuring indoor riding capability. Additional improvements include a heated tack room with full bathroom, an insemination lab, and an on-site apartment, along with full power and water service. Other outbuildings and facilities include a 30' x 40' heated garage, 30' x 100' hay storage, structured paddocks with heated waterers, and four open-front horse shelters. The property has served as a Morgan horse breeding and training ranch; however, this sale includes the real estate and improvements only, with no horses, breeding program, brand assets, or business operations included.