The $22 Million Midland Ranch: 7 Shocking Facts About Wyoming's 1.15 Million-Acre Legacy For Sale

The Midland Ranch, a monumental property in Western Wyoming, has captured the attention of high-net-worth buyers and conservationists across the globe, especially as the luxury ranch market heats up in late 2025. This isn't just a piece of property; it is a true legacy-scale holding, representing a self-contained ecosystem and a profound connection to the history of the American West. The sheer scale and operational integrity of The Midland Ranch make it a once-in-a-generation acquisition.

As of December 18, 2025, the ranch is officially offered for sale, presenting a rare opportunity to own a piece of Wyoming that is larger than many entire cities. With a wave of historic legacy ranches hitting the market, The Midland Ranch stands out due to its immense size, rich history, and surprising price point. Here are the most essential and shocking details about this unparalleled listing.

The Midland Ranch Profile and Listing Details

The Midland Ranch is currently one of the most substantial and significant land offerings in the Rocky Mountain West. Its listing is managed by some of the most exclusive brokers in the country, highlighting its status as an elite asset.

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• Ranch Name: The Midland Ranch
• Location: Western Wyoming, near Boulder, Sublette County, Wyoming, United States
• Asking Price: $22,000,000
• Total Acreage: 1.15 Million Acres (Deeded & Leased)
• Deeded Acreage: Approximately 5,880± Acres (The core private land)
• Leased Acreage: Over 1.14 Million Acres (State and Federal grazing leases)
• Property Type: Legacy Cattle Ranch, Hunting and Recreational Land, Private Retreat
• Real Estate Brokerage: LandVest | Christie's International Real Estate
• Key Broker: Court Merrigan
• Significance: A vast, self-contained, operational cattle ranching enterprise.
• Mineral Rights: Included with the sale of the deeded land (details to be confirmed in due diligence).

The Shocking Scale: Bigger Than a State and Five Cities Combined

The number 1.15 million acres is difficult to comprehend, but when put into perspective, the true scale of The Midland Ranch becomes apparent. This immense size is a primary driver of the curiosity and value surrounding the listing, positioning it as a continental-scale holding.

The Comparison That Stuns

The Midland Ranch is not just large; it is colossal. At 1.15 million acres (including both deeded and leased land), the property is more than five times larger than the entire landmass of New York City. To put it another way, the total acreage of the ranch is larger than the state of Delaware. This vastness ensures the property operates as a complete, self-contained ecosystem, offering unparalleled privacy and operational integrity for the new owner.

The Operational Engine

Despite the immense total size, the $22 million price tag is primarily focused on the core 5,880 deeded acres, which are the private lands that anchor the entire operation. These deeded acres control access to the enormous surrounding state and federal grazing leases, which are essential for the ranch's cattle operation. The ranch is designed to be a fully functioning, income-producing cattle ranch, not just a recreational retreat. This combination of private ownership controlling vast public resources is a common, yet increasingly rare, feature of historic Western ranches.

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A History Forged on America’s Most Famous Trails

The Midland Ranch is steeped in the history of the American West, a factor that significantly increases its topical authority and appeal to buyers seeking more than just a real estate investment. Its lands have been traversed by some of the most important figures and movements in U.S. history.

The Trail System and Outlaw Ties

Historic trails crisscross the ranch, serving as a tangible link to the past. The property contains segments of the legendary Oregon Trail and the Mormon Trail, which were vital routes for westward expansion in the 19th century. Even more intriguing, the land was once part of the infamous Owl's Hoot Outlaw Trail. This historical depth adds a layer of rugged heritage that cannot be replicated by modern properties, making it an ideal private retreat for a history enthusiast.

Sublette County’s Legacy

Located in Sublette County, the ranch sits in an area long famous for its deep roots in ranching and the Rocky Mountain fur trade, dating back to the early 1800s. The county prides itself on its ranching heritage, providing a stable and supportive environment for a continued cattle operation. This regional stability is a major draw for high-net-worth buyers looking for a long-term investment in a functional, tax-efficient state like Wyoming.

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What the Midland Ranch Sale Means for the 2025 Luxury Market

The sale of The Midland Ranch is a bellwether for the broader luxury ranch market in the Rocky Mountain region, particularly in 2025, which is seeing a "generational turnover" of legacy properties.

The Wave of Legacy Ranches

The listing is part of a historic wave of large, legacy-scale ranches hitting the market. This trend is driven by generational shifts and a renewed interest from ultra-wealthy individuals seeking privacy, tangible assets, and tax advantages. Other notable properties, such as the Pitchfork Ranch and Pathfinder Ranches, have also been part of this historic turnover. This market dynamic ensures that The Midland Ranch is being viewed by a select pool of the world's most affluent investors.

The Wyoming Allure: Tax Efficiency and Privacy

Wyoming continues to be one of the most attractive states for ranch land investment, a key factor fueling the current market trends. Its favorable tax structure, combined with unparalleled privacy and the beauty of the landscape—from the Big Horn Mountain views to the proximity of Jackson Hole—makes it a prime target for those looking to establish a secluded, luxurious, and financially sound private retreat. The scarcity of properties that offer this level of scale and operational integrity guarantees intense interest.

Unmatched Conservation and Recreational Opportunities

Beyond its cattle operation, the ranch offers unmatched opportunities for big-game hunting and conservation. Its vast, pristine setting in one of Wyoming's most important wild places provides a sanctuary for wildlife and an ideal location for a private sporting club or a dedicated conservation effort. The ability to build a truly private retreat in the heart of this wild landscape is a major selling point for the discerning buyer.

The Midland Ranch, with its $22 million price and 1.15 million acres of managed land, is more than a sale; it is a transfer of a piece of American heritage. As the luxury ranch market evolves in 2025, this legacy-scale holding will undoubtedly become a benchmark for all future Western ranch transactions.