0 Painted Hills Dr Sheridan, WY 82801

This exceptional 35-acre ranch property presents a unique opportunity to own a piece of Wyoming's breathtaking landscape. Located just four miles east of Sheridan, WY, off US Highway 14, and one mile north, this property boasts 360-degree panoramic views of the Big Horn Mountains, including Blacktooth Mountain, the Painted Hills (Whispering Hills), and the valley below. The land is classified for agricultural use, resulting in low property taxes of only $26 for 2024. The property features a shared well with a 25 gallons per minute yield (per Wyoming state permit, buyer to verify), a couple of natural springs, three livestock tanks, a portable corral, and a small shooting range. The property is fenced and zoned AG, allowing for the construction of one primary residence and additional outbuildings such as a barn or shop. There are no existing structures, providing complete flexibility in home placement. Permits are already in place for a stock reservoir and groundwater spring. This is Tract No. 10 of Whispering Hills/Painted Hills. The well is 625 feet deep. This property is ideal for those seeking a tranquil retreat with stunning views and the ability to build their dream home while enjoying the benefits of nearby Sheridan. The sale is structured as a 1031 exchange. The APN is 55831620000433. Ownership is held by Forever Grace Ranch LLC.