Sold! Montana’s N Bar Ranch

The Wall Street Journal reports that Land Report 100er Tom Siebel has sold Montana’s iconic N Bar Ranch, 62,091 contiguous acres in the Snowy Mountains. The Journal reports that the buyer was a Texas limited partnership principally owned by Dan and Farris Wilks, co-founders of Frac Tech, a Texas-based oil-field drilling-services firm.

Located approximately 90 miles north of Billings and 35 miles southeast of Lewiston, the N Bar totals 62,091 acres, including 51,409 deeded, 4,875 BLM leased, 1,920 Montana leased, and 3,887 privately leased. Joel Leadbetter at Hall and Hall had the $45 million listing; final sales numbers were not disclosed.

The historic N Bar has an imposing legacy and predates Montana statehood. Its headquarters compound, which was established in 1885, is listed on the National Register of Historic Places. Under Seibel’s stewardship, the N Bar made balancing cattle operations with wildlife needs a top priority. According to the ranch website:

With respect to livestock, the N Bar Ranch has retained the best genetics of the N Bar-registered Angus lines. Current management has transformed the ranch into a commercial cow/calf/yearling operation running 1,000 cows with the intention of carrying the calves over to yearlings. A conservative estimate of capacity—at 30 acres per animal unit—is more than 2,000 animals; however, in keeping with present management’s emphasis on maintaining top quality wildlife habitat, the ranch currently supports approximately 1,500 head of cattle.

Read more HERE.

For Sale: Hall & Hall Lists Montana’s N Bar Ranch

One of the most historic working ranches in the Rocky Mountain West is on the market. The 62,091-acre N Bar Ranch, whose chain of title includes Tom Cruse, Anton Holter, and Jack Milburn has been listed by Hall and Hall for $45 million, not including livestock and other personal property.

“The N Bar Ranch is a piece of Montana history complete with a profitable livestock operation and an outstanding wildlife component,” said Hall and Hall broker Joel Leadbetter. Ranging in elevation from 4,200 to 5,500 feet above sea level, the ranch is time-tested cattle country and is further blessed by abundant wildlife, including trophy elk, mule deer and whitetail, antelope, Hungarian pheasant, and sharptail and mountain grouse. Brown trout thrive in the 60 miles of Flatwillow Creek that wind through the property down from the Snow Mountains. ”We are thrilled to be representing such a phenomenal land holding,” Leadbetter adds.

Located approximately 90 miles north of Billings and 35 miles southeast of Lewiston, the N Bar is 62,091 total acres, including 51,409 deeded, 4,875 BLM leased, 1,920 Montana leased, and 3,887 privately leased.

Read more about the listing in Friday’s Wall Street Journal or visit the ranch’s website.