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Sold: Fall River Springs

Ashton, ID

1,122 Acres$5,165,800

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Property Details

The Fall River Springs, known locally as Triangle B Ranch, is located 6 miles southwest of Ashton, Idaho, in the Chester region along the banks of the Fall River.  Ashton has historically been an agricultural community that has lately become a gateway community for outdoor activities in all seasons with two fly shops offering shuttle services, a grocery store, several new restaurants, and a snowmobile and ATV dealer.  Twenty-five minutes north on Highway 20 brings one to the famous Railroad Ranch section of the Henry’s Fork River and the resort area of Island Park.  Twenty minutes east on county roads brings one past the confluence of Robinson Creek, Warm River and the Henry’s Fork to the backcountry entrance to Yellowstone National Park.  The town of St. Anthony is the Fremont County seat and is located ten minutes south of the ranch on Highway 20.  The thriving four-year college and agricultural community of Rexburg is located twenty minutes south of the ranch with the city of Idaho Falls just twenty minutes beyond, providing all major conveniences, including medical facilities and commercial air service. Grand Targhee Ski and Summer Resort is an hour’s drive east just past the resort area of Driggs, and Jackson Hole is an hour and forty minutes drive southeast.  The Henry’s Fork, Teton, South Fork, Warm, Snake and Madison Rivers are all within 90 minutes of the ranch.  Targhee National Forest surrounds this entire area with over 500,000 acres for hiking, biking, horseback riding, camping, snowmobiling, skiing, photography, rafting and other outdoor activities.

This ranch consists of 1,122.92 acres with three-quarters mile of the Fall River flowing along the southeastern border of the property.  The diverse habitat of the ranch consists of agricultural fields, rolling hills with sage brush and tall native grasses, meadows, wetlands, ponds, cottonwood and aspen groves, the Fall River and numerous spring creeks.  There are a multitude of potential building sites with several high points on the property that provide direct Teton Mountain views to the east and overlook existing ponds.  There are several private sites tucked into 3 to 5-acre aspen groves and several river sites nestled into the cottonwood forest overlooking the freestone Fall River.  There is a stand of cottonwoods towering over part of the river corridor.  It provides spectacular colors in the fall.

On the southern portion, the property borders Highway 20 for a quarter mile allowing for easy access to and from the property.  A paved county road forms a portion of the western boundary, then runs east between the southern 696.92 acres and the northern 426 acres.

An interior road system has been established over the years on the ranch, which has been used by the owners to care for livestock and allow movement to and from either side of the property.  The roads travel through the rolling hills, along the river frontage, through the aspen groves and along the spring creeks.  Elevation changes, close to fifty feet, afford the property a diverse, rolling topography.  This allows one to nestle a home in one of many building sites or to perch a home on top of a hill for those spectacular Teton Views.  The highest elevation on the property is approximately 5,124 feet.

There is one home included in the sale of this ranch, which is located on the southern boundary of the ranch next to the junction of the interior access road and Highway 20.  This home is approximately 40 years old, of brick construction, and includes 3 bedrooms, 2 bathrooms, a 1-car garage and a partially finished basement.

In addition to this home, there a number of improvements that have a moderate contributory value.  These include a 4,320 sqft 15-year old pole hay shed with steel roof in average condition, a 2,400 sqft 20-year old pole hay shed in fair condition, a 1,260 sqft older concrete block barn, a 450 sqft concrete block loafing shed, a 364 sqft wood frame granary used for storage, two 2,600 sqft older concrete block sheep sheds and two sets of corrals.

The Fall River, occasionally referred to as the Falls River, originates in Yellowstone National Park’s southwestern corner, fed by various warm springs, spring creeks and snowpack runoff from the Pitchstone Plateau inside the Park.  It continues another fifty miles downstream to join with the Henry’s Fork River in Chester, approximately one mile downstream from this ranch.  While it is listed on many maps as the Falls River, the name was officially changed in the mid 1980s to agree with the name that local residents use for the river.  The many waterfalls along its course are the source of the original name.

The Fall River hosts cutthroat, rainbow and cutthroat-rainbow hybrid trout (aka “cutt-bows”) that inhabit this stretch, including trout that have made their way up from the Henry’s Fork to evade the fishing pressure of this popular river.  The Fall River has a unique regulation applied to its water; no commercially guided fishing is allowed on the river.  This reduces drift boat traffic on the Fall River to very few private trips each year that float through the waters on this property.  This freestone river is home to many twenty-inch rainbows that are notoriously strong, hard-fighting fish. The summer and fall dry fly fishing is spectacular on the ranch with prolific hatches of salmon flies, golden stones, baetis, PMDs, various species of Caddis and drake mayflies and good numbers of hoppers, ants and beetles.

In an increasingly popular location, Fall River Springs offers big mountain views, mixed tree cover and topography, stellar wild trout fishing, ample wildlife, substantial upland bird and waterfowl populations. Well located with nearby access to commercial air service, Yellowstone National Park, world-class skiing and endless miles of trophy trout water, Fall River Springs is the ideal retreat property for the sporting Buyer.

Available as a whole or in smaller parcels:
The entire Fall River Springs property currently exists in two parcels all contiguous to each other. The property is available in its entirety, or buyers may consider one of the smaller parcels:

• Fall River Springs is 1,122 acres 3/4 mile of Fall River frontage.

• Northern Parcel is 418 acres with agricultural component.

• Southern Parcel is 697 acres with improvements and 3/4 mile of Fall River frontage.

Fall River Springs: 1,122 acres, entire property $5,165,800
Northern Parcel: 418 acres, $1,500,000
Southern Parcel: 697 acres and improvements, $3,950,000

Get To Know Wyoming Ranches for Sale in Wyoming

Ranches for sale in Wyoming, in particular properties located in Jackson Hole and surrounding resort counties, not only provide unmatched access to the plethora of recreational opportunities in the area, but offer excellent real estate investment opportunities as well. With such close proximity to Grand Teton and Yellowstone National Parks, these properties range from expansive fly fishing and hunting ranches to classic working cattle properties. Wyoming resident tax advantages and ranch value appreciation make investing in ranch real estate here a smart buy-and-enjoy strategy.

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