If river frontage, mountain views, acreage, loads of wildlife, close proximity to town on a highway, a nice home, indoor arena, and nearly 80 acres of private land are on your checklist, please consider the Ouellette Ranch. We are pleased to present this special property located just under 11-miles north of Sheridan, WY on the Decker Highway in the Tongue River valley. The gently flowing Tongue River flows through this property for about 1/3 of a mile and next to it are over 1,700 acres of BLM land that leverage this property's size and recreational value immeasurably. The property is full of wildlife. The traditional, two story home has 4 bedrooms and 3 ½ bathrooms. It was built to satisfy almost every need one would want in a house, but in particular family living and enjoyment. If river frontage, mountain views, acreage, loads of wildlife, close proximity to town on a highway, a nice home, indoor arena, and nearly 90 acres of private land are on your checklist, please consider the Ouellette Ranch. We are pleased to present this special property located just under 11-miles north of Sheridan, WY on the Decker Highway in the Tongue River valley. The gently flowing Tongue River flows through this property for about 1/3 of a mile and next to it are over 1,700 acres of BLM land that leverage this property's size and recreational value immeasurably. Wildlife in this area include, but are not limited to, mule and whitetail deer; many different species of upland game birds and waterfowl; plus, birds of prey like eagles and other raptors; even black bear are not uncommon. For fishing, this area of the Tongue River is good for walleye, perch, catfish, and trout at times. For the equestrian there's a 60 x 120-foot indoor arena with an attached 8 stall barn with separate tack room and wash area. The land is very productive with nearly 18 acres capable of being flood irrigated out of the Interstate Ditch. There is an additional ±20 acre dryland pasture that has access to Ash Creek as a year round water supply for animals. It would work well as a small ag property or maybe as a horse ranch for pleasure or for training as it has been in the past. The traditional, two story home has 4 bedrooms and 3 ½ bathrooms. It was built to satisfy almost every need one would want in a house, but in particular family living and enjoyment. The home's main feature is the large 980 sf family room the current owners just love. It's full of windows on three sides and it has A/C electric heat and wood-burning stove. It feels a lot like being in a screened-in outdoor porch, but that can be enjoyed year-round. The home also has a full finished walkout basement with a ½ bath and several large storage rooms; plus, three other basement rooms are used for entertainment and two for general living needs. The outside walls are 14" thick so it's very efficient and quiet. With lots of big windows, the house has great lighting and it's easy to enjoy the beautiful views of the outdoors from just about any room, not just the family room. Many of the other home's features deserve mention like its large kitchen, a formal dining room, smooth textured walls, custom built-in cabinets and bookshelves, a covered and screened-in porch, more than enough storage, jacuzzi bathtubs, walk-in showers, and a huge 4 car, drive-thru garage. Finally, this nice property has a secondary home that could be used as a guest house or as a place for a property manager to live. It is located away from the main home, so both houses can maintain their sense of privacy. Please call or send us a message to learn more about this property. It is definitely rare for a property with all that this one has to come on the market. Key Points • Nearly 1/3 mile of Tongue River • ±18 acres of irrigated meadows using water rights from the Independence Ditch • Borders 1,745 acres of BLM and the Welch Recreation Area • 15 minute drive to town on highway • Excellent hunting, fishing, etc. • Well built 4 bedroom home with lots of storage, big garage, • Indoor arena with attached 8-stall barn • Separate guest house
Single-familyProperty Type
1983Year Built
74 acresLot Size
$319Est. Price/Sq.Ft.
4 car garageParking
Listed by Chase Brothers, LLC Chase• Chase Brothers, LLC
Listed by John Chase• Chase Brothers, LLC
Bought with Chase Brothers, LLC Chase• Chase Brothers, LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
74.9 Acres
Year renovated
—
Sq. Ft.
5,394
Year built
1983
Style
Single Family Residential
County
Sheridan County
APN
57840110000433
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 4
Interior
Heating & Cooling
Has Cooling
Cooling: Central Air, Window Unit(s)
Has Heating
Heating: Electric, Wood, Baseboard
Interior Features
Has Fireplace
# of Fireplaces: 2
Room Information
Has Basement
Basement Details: Partial, Walk-Out Access
Exterior
Exterior Features
Fencing: Fenced
Building Information
Sq. Ft.: 4098.0
Above Grade Finished Area: 1,296
Levels: Two
Property Features
Waterfront Features: Creek
Has View
Security Features: Security System
Other Structures: Shed(s)
Property Information
Property Type: Residential
Raw Mls Property Sub Type: Stick Built
Land Information
Wooded Area: 3.0
Pasture Area: 65.0
Has Irrigation Water Rights
Lot Information
Lot Size : 3262644.0
Lot Size Area: 3,262,644
Lot Size Acres: 74.9
Financial
Tax Information
Tax Annual Amount: $3,920
Utilities
Utility Information
Electric on Property
Utilities: Phone Available
Sewer: Septic Tank
Location
Schools Information
Elementary School: School District #2
Middle Or Junior School: School District #2
High School: School District #2
Location Information
Directions: Go north 10.8 miles from Sheridan on the Decker Highway (State HWY 331). The driveway is the second turn on the right (or east side of the road) after you cross Tongue River.
Subdivision Name: NONE
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 5,394
Stories: 2.0
Lot Size: 74.9 acres
Style: Single Family Residential
Year Built: 1983
Year Renovated: —
County: Sheridan County
APN: 57840110000433
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Coffeen Elementary School
Public K-5 • Assigned • 11.3mi
8/10
Sheridan Junior High School
Public 6-8 • Assigned • 10.3mi
8/10
Sheridan High School
Public 9-12 • Assigned • 10.1mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
23% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Sheridan, WY • 82801
Average low and high temperatures (°F)
38
16
40
14
56
29
57
32
69
41
76
49
86
56
85
54
81
46
65
34
49
24
45
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.4 hours in
June and 4.6 hours in December, placing it above the
U.S. average for solar exposure.