Y Hanging Diamond Ranch, Montana
Property Types: Vacant Land, Farms, Ranches, Waterfront, Home, Cabin, Recreational

$3,000,000 / 4,490 Acres / Sold
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Property Summary

Total Acres: 
LandLeader #: 
Closest Town/Locale: 
Garfield County
Property Type: 
Vacant Land, Farms, Ranches, Waterfront, Home, Cabin, Recreational
Mineral Rights: 

Activities & Amenities

ATV/Off Road
Conservation Easement
Cycling/Mountain Biking
Food Plots
Hunting - Big Game
Hunting - Predator/Varmint
Hunting - Small Game
Hunting - Turkey
Hunting - Upland Birds
Hunting - Waterfowl
Income Producing
Mineral Rights
Water Rights

Land Details

Total Acres: 
Deeded Acres: 
Leased Acres: 
Cleared; Level; Partially Wooded; Rolling
Tillable/Crop/Orchard/Timber Acres: 
Pasture/Grass/CRP Acres: 
Estimated Taxes: 
Source of Lot Size: 
Assessor/Tax Data

Building Details

Year Built: 
Type of Home(s): 
Finished SQFT: 
Full Bathrooms: 
Outbuilding Types: 
4 Grain Bins/3 Barns
Other Improvements: 
Livestock Handling Equipment/Corrals
Fence Type: 
Barbed Wire


Property Description

Property Overview


● 4,490 deeded (3,512 grazing, 972 tillable)

● 3,933 BLM lease

Ranch Headquarters

● Fully functional ranch home or hunting lodge

● 2,865 sq. ft., 1990 manufactured home

● 3 bed/3 bath

● New windows, insulated siding, and roof in 2016

● Complete livestock handling equipment


● Two 300-foot drilled wells near ranch headquarters and corrals, producing 15 GPM of high-quality water

● One stock water well run on generator power, with insulated fiberglass tank for a year-round livestock water source


$5,782 in 2016


● $34,950 annually: Conservation Stewardship Program

● Build on existing conservation efforts while strengthening ranch operation by improving grazing conditions, increasing crop yields, and developing wildlife habitat

● Expires in 2020

Other Improvements

● 4 grain bins (1 hopper-bottom)

● 3 barns for calving and machine storage (15’ x 20’; 32’ x 48’; 40’ x 100’)

● Working pen and corrals

● Loading and unloading area

● Horse training pen

Executive Summary

It doesn’t get much more rugged, remote, or quintessentially Western than this part of eastern Montana. The Y Hanging Diamond Ranch lies on the south bank of the Missouri River as it widens into Fort Peck Reservoir. With 4,490 acres of deeded land, and 3,933 leased, it offers every opportunity for ranching, farming, hunting, fishing, and exploring the majestic and varied landscape. Prepare for world-class fishing, phenomenal elk, deer, antelope, and turkey hunting—and a ranching opportunity that includes abundant water sources for running a 350 cow-calf operation.


The Y Hanging Diamond ranch sits 27 miles north of Jordan, Montana, on the south bank of the Missouri River as it flows into Fort Peck Reservoir. The ranch borders the Charles M. Russell National Wildlife Refuge land, which has more than 41,000 acres of easy-access lake front. Jordan offers a county-owned, public airport two miles northwest of the central business district, just 30 minutes from the ranch. The asphalt-surfaced runway measures 4,300 by 75 feet, and covers 234 acres. Billings International Airport is three hours to the south.


The Y Hanging Diamond is currently operated as a cow and calf ranch with small grain production. The proximity to abundant water sources offers distinct advantages in this dry land area of the country. Horse Shoe Creek and Snow Creek run year-round through the property, in addition to reservoirs and wells that provide plenty of high-quality water. You could potentially run 350 cow-calf pairs, supplementing their feed with hay production. Summer grazing is abundant, with plenty left over for wildlife foraging. Stewardship is a top priority of the current owner, who has maintained excellent weed control. Tillable ground is currently enrolled in the Conservation Stewardship Program (CSP), which provides nearly $35,000 of annual income for maintaining healthy grazing land. When the CSP expires in 2020, you could use that land to grow common small-grain commodities, such as winter wheat, spring wheat, or barley. Our company provides guidance on land cultivation, preservation, food plots, and weed control. We have a certified crop advisor on staff, along with a wildlife biologist. Their knowledge can prove invaluable—both for the novice farmer looking for start-up advice and for the farming veteran needing up-to-date information on fertilizer or chemical choices for crops in the region.

Fort Peck and the CMR Wildlife Refuge

Fort Peck Dam is the largest embankment dam in the United States. Built in the 30s as a Public Works Administration project, the 3.8-mile-long dam across the Missouri River created the fifth-largest man-made reservoir in the U.S. It’s about 134 miles long, with a depth of 220 feet when full, and offers more than 1,520 miles of shoreline. The Charles M. Russell National Wildlife Refuge encloses the entire Fort Peck system within its borders. It was named for one of Montana’s most beloved artists, who portrayed this area’s rich diversity of wildlife and habitat in many of his paintings. Because of its remoteness, the area has changed very little in the past 200 years. You’ll find spectacular examples of river breaks badlands, along with native prairie, forested coulees, and tranquil river bottoms. Elk, mule deer, pronghorn, bighorn sheep, sage and sharp-tailed grouse, and bald eagles make the refuge home. Hunting and fishing opportunities abound, and boating is popular on the Missouri River and Fort Peck Reservoir. Several state parks and recreational areas have been developed within the refuge. Each fall, hundreds of elk congregate in the Slippery Ann Wildlife Viewing Area—a spectacle not to be missed. In an increasingly over-populated world, this remains a place where people and wildlife can still roam free. Campers can pitch a tent wherever they find a great vantage point or a cool stream. Hikers and horseback riders can explore the breaks to their hearts’ content, following wildlife trails, coulees, and creek bottoms just as the cowboys and Native Americans did centuries ago. This is no place for the faint-hearted—if you’re looking for manicured trails, you won’t find them here. What you’ll find is an invigorating connection to earth, sky, and the dynamic and unpredictable forces of nature.

Hunting, Fishing, and Recreation

Fort Peck Reservoir is known for its world-class fishing, with more than 50 species of freshwater favorites. Throw in your line, and you may catch Walleye, Northern Pike, Paddlefish, Sauger, Lake Trout, Small Mouth Bass, or Chinook Salmon. The ranch lies within Montana Hunting District 700 for deer, elk, antelope, and mountain lion, with leased acres that contain many timber draws and river-break valleys. Whether your preferred target is a gopher or a bull elk, you’ll find plenty of opportunity here to test your skills. Six species of upland game birds populate this area, including native sharp-tailed grouse, sage grouse, and the migratory mourning dove. Non-native species include the ring-necked pheasant, Hungarian (gray) partridge, and Merriam’s turkey. You’ll see sharp-tailed grouse throughout the region, while pheasants congregate in the northeast part of the ranch, and in wetland areas. Turkeys roam the entire region, especially in river bottoms, forested areas, and cropland areas with good food sources.Endless recreational activities await you on the ranch and in surrounding areas. Fort Peck Reservoir offers every water sport you can imagine—from sailing and waterskiing to wake boarding, surfing, tubing, and basking in the sun. Horseback riding, hiking, cycling, ATV riding, photography, and more await the lucky new owner of these thousands of acres of stunning Montana landscape.

Topography and Resources

The ranch includes approximately 4,490 deeded acres and 3,933 leased acres consisting of productive farm ground, lush pasture, native grasslands, rolling hills, tiered ridge lines, private reservoirs, and healthy, well-managed forests. Mineral rights appurtenant to the property and owned by the seller will convey to the buyer at closing, although those rights are not guaranteed. We suggest the buyer conduct a mineral search with a title company. All water rights appurtenant to the property and possessed by the seller will also convey to the buyer at closing. Three developed wells serve the property, with detailed logs on file. All water is owned by the State of Montana for the people’s use, so the transfer of water rights is recorded with the state’s Department of Natural Resources and Conservations. The transfer of any right may or may not warrant that right until the adjudication process has been completed by the State of Montana.

Economy and Regional Attractions

Billings, the largest city in Montana and the seat of Yellowstone County, is about three hours south of the ranch, in the south-central part of the state. With a population of 166,855 and a trade area of over half a million people, the city is experiencing the fastest growth of any city in Montana, and a consistently strong economy. Billings grew quickly after its founding as a railroad town in 1882, when it was given the nickname, “Magic City.” The city is named for Frederick H. Billings, president of the Northern Pacific Railroad. With one of the largest trade areas in the United States, Billings is the trade and distribution center for much of Montana east of the Continental Divide, as well as northern Wyoming and the western Dakotas. Billings is a business, retail, and cultural destination, with more hotel rooms than any area in a five-state region. The city hosts a variety of conventions, concerts, sporting, and cultural events. Area attractions include Pompey’s Pillar, Pictograph Cave, Chief Plenty Coup State Park, Zoo Montana, and Yellowstone Art Museum. Within 100 miles, you’ll find Little Bighorn Battlefield National Monument, Bighorn Canyon National Recreation Area, Red Lodge Mountain Resort, and the Beartooth Highway between Red Lodge and Yellowstone National Park.

(406) 622-3224
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Brokerage info: 

Corder and Associates, LLC

1312 Front Street
Fort Benton, MT 59442
United States
(406) 622-3224