TURNKEY RANCH WITH MEADOW, SODA CREEK, CROPLAND & CRP REVENUE - Set against the wide-open landscapes of southeastern Idaho, the Hilda Thompson Ranch is an expansive, agricultural holding with recreational value and long-term investment potential. Located approximately four and a half miles northwest of Soda Springs, this historic ranch was first established in the early 1900s as a dry farm and has recently evolved into a productive agricultural and cattle grazing operation with established income streams, water resources, and functional infrastructure. Today, the ranch operates under an efficient rotational grazing system capable of supporting approximately 400 head of cattle. The perimeter is mostly fenced with extensive cross-fencing dividing productive pastures and allowing for sustainable grazing management. The fencing infrastructure has been upgraded and maintained in very good to excellent condition. Comprising five contiguous parcels with year-round access and frontage on both sides of Government Dam Road, the property spans a diverse landscape of cropland, open meadow with a meandering creek, and wildlife habitat. According to the USDA, 975.36 acres are designated cropland, with approximately 857 acres currently enrolled in the CRP program, generating about $50,000 annually, with roughly seven years remaining on the contract. The CRP agreement allows grazing twice during the ten-year term, providing additional flexibility for livestock operations. Water resources are a defining feature of the ranch. Year-round Soda Creek meanders through the property, supporting thriving populations of waterfowl and enhancing both agricultural use and recreational appeal, and ultimately feeding into the canal company system for distribution. Infrastructure consists of a 2,400 square foot shop, a 2,340 square foot original barn, a large cattle corral with chute, a three-sided implement and tractor shed, and five aerated grain bins with a combined capacity of 75,000 bushels. A modest farmhouse originally built around 1945 and remodeled in 1990 offers approximately 842 square feet on the main level plus a basement. Additional value includes a cinder mine resource and two short-term leases currently in place involving buildings, infrastructure, and select grazing. For sportsmen and outdoor enthusiasts, the ranch borders expansive public ground managed by the Bureau of Land Management, including the renowned 90 Percent Range, an area carefully managed for healthy mule deer populations. The ranch also hosts a 110-acre wetland habitat project developed through a conservation easement with the Idaho Department of Fish and Game through 2030. Sponsored in part by Ducks Unlimited, the project created a 1,100-foot dike and protected habitat for ducks and swans, complete with a viewing station and parking area. This is an outdoor recreation enthusiast's paradise. Blackfoot and Alexander Reservoirs offer motorized and non-motorized boating, swimming, fishing, ice fishing, and bird watching opportunities. Blackfoot Reservoir is the second largest reservoir in southeastern Idaho, covering 18,000 surface acres when full, and offers a campground and boat ramp managed by the Bureau of Land Management, and is known for an abundance of wildlife. With state land, BLM ground, and Caribou National Forest close by, there are hundreds of miles of dirt roads and trails to explore horseback riding, hiking, backpacking, camping, mountain biking, cruising in ATVs, wildlife viewing, and big game and upland game hunting. Winter access to the public land requires a snow machine and opens the door to a magical winter wonderland adventure, snowmobiling, fat tire biking, cross-country skiing, and snowshoeing. Elk migration is heavy in this area, and mule deer and moose are also plentiful. Whether your vision is expanding an agricultural portfolio, establishing a productive ranch headquarters, developing a private hunting retreat, or creating a legacy homestead
RanchProperty Type
1,890 acresLot Size
Listed by Ann White• Whitetail Properties Real Estate LLC
TURNKEY RANCH WITH MEADOW, SODA CREEK, CROPLAND & CRP REVENUE - Set against the wide-open landscapes of southeastern Idaho, the Hilda Thompson Ranch is an expansive, agricultural holding with recreational value and long-term investment potential. Located approximately four and a half miles northwest of Soda Springs, this historic ranch was first established in the early 1900s as a dry farm and has recently evolved into a productive agricultural and cattle grazing operation with established income streams, water resources, and functional infrastructure. Today, the ranch operates under an efficient rotational grazing system capable of supporting approximately 400 head of cattle. The perimeter is mostly fenced with extensive cross-fencing dividing productive pastures and allowing for sustainable grazing management. The fencing infrastructure has been upgraded and maintained in very good to excellent condition. Comprising five contiguous parcels with year-round access and frontage on both sides of Government Dam Road, the property spans a diverse landscape of cropland, open meadow with a meandering creek, and wildlife habitat. According to the USDA, 975.36 acres are designated cropland, with approximately 857 acres currently enrolled in the CRP program, generating about $50,000 annually, with roughly seven years remaining on the contract. The CRP agreement allows grazing twice during the ten-year term, providing additional flexibility for livestock operations. Water resources are a defining feature of the ranch. Year-round Soda Creek meanders through the property, supporting thriving populations of waterfowl and enhancing both agricultural use and recreational appeal, and ultimately feeding into the canal company system for distribution. Infrastructure consists of a 2,400 square foot shop, a 2,340 square foot original barn, a large cattle corral with chute, a three-sided implement and tractor shed, and five aerated grain bins with a combined capacity of 75,000 bushels. A modest farmhouse originally built around 1945 and remodeled in 1990 offers approximately 842 square feet on the main level plus a basement. Additional value includes a cinder mine resource and two short-term leases currently in place involving buildings, infrastructure, and select grazing. For sportsmen and outdoor enthusiasts, the ranch borders expansive public ground managed by the Bureau of Land Management, including the renowned 90 Percent Range, an area carefully managed for healthy mule deer populations. The ranch also hosts a 110-acre wetland habitat project developed through a conservation easement with the Idaho Department of Fish and Game through 2030. Sponsored in part by Ducks Unlimited, the project created a 1,100-foot dike and protected habitat for ducks and swans, complete with a viewing station and parking area. This is an outdoor recreation enthusiast's paradise. Blackfoot and Alexander Reservoirs offer motorized and non-motorized boating, swimming, fishing, ice fishing, and bird watching opportunities. Blackfoot Reservoir is the second largest reservoir in southeastern Idaho, covering 18,000 surface acres when full, and offers a campground and boat ramp managed by the Bureau of Land Management, and is known for an abundance of wildlife. With state land, BLM ground, and Caribou National Forest close by, there are hundreds of miles of dirt roads and trails to explore horseback riding, hiking, backpacking, camping, mountain biking, cruising in ATVs, wildlife viewing, and big game and upland game hunting. Winter access to the public land requires a snow machine and opens the door to a magical winter wonderland adventure, snowmobiling, fat tire biking, cross-country skiing, and snowshoeing. Elk migration is heavy in this area, and mule deer and moose are also plentiful. Whether your vision is expanding an agricultural portfolio, establishing a productive ranch headquarters, developing a private hunting retreat, or creating a legacy homestead
Year
Property tax
Land + Additions
Assessment*
2025
$2,032 (−3.5%)
$186,845 + $242,816
$429,661
2024
$2,106 (+3.5%)
$181,845 + $242,816
$424,661
2023
$2,035 (−9.4%)
$168,890 + $223,292
$392,182
2022
$2,247 (−9.4%)
$142,225 + $199,079
$341,304
2021
$2,480 (+7.2%)
$124,263 + $173,522
$297,785
2020
$2,313 (−0.2%)
$93,489 + $154,690
$248,179
2019
$2,318 (+4.8%)
$89,453 + $134,513
$223,966
2018
$2,213 (−0.4%)
$83,785 + $130,361
$214,146
2017
$2,222 (+6.4%)
$70,633 + $130,361
$200,994
2016
$2,089 (+1.7%)
$70,633 + $130,361
$200,994
2015
$2,054 (−2.2%)
$70,633 + $130,361
$200,994
2014
$2,100
$58,587 + $133,529
$192,116
Public record
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Lot size
360 Acres
Year renovated
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Finished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Other
County
Caribou County
APN
08S41E241200
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Basement
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Accessible
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Last updated by owner on Aug 24, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 88° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
1 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Soda Springs, ID • 83276
Average low and high temperatures (°F)
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72
45
59
35
43
26
36
23
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Sun exposure
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Redfin Estimate for 2049 Government Rd
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This home is pending
The seller has accepted an offer, and this property is now pending.