Property Sold

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Dome Mountain Ranch - Park County, Emigrant, MT

The Dome Mountain Ranch is one of the most famous ranches in Montana, and deservedly so. The ranch is set beautifully amid the wild country of southern Paradise Valley, south of Livingston and just north of Yellowstone Park. The ranch comprises approximately 5,329 deeded acres (plus an additional 470 leased State acres and 508 leased BLM acres). Dome Mountain Ranch is bordered on one side by 4.5± miles of the Yellowstone River, providing some of the finest wild trout fishing in the world. The ranch borders public National Forest Service land, contiguous with the 932,000 acres Absaroka/Beartooth Wilderness. The Absaroka Beartooth Wilderness borders Yellowstone National Park. Known as the Great Yellowstone Ecosystem, this block of public land extends south beyond Jackson, Wyoming, encompassing an estimated twenty million acres of some of the world’s most beautiful and wild country.

The ranch is stunning, with views over the Yellowstone River Valley and the Gallatin Range to the West, south to the borders of Yellowstone National Park, north over the length of the Yellowstone River to Livingston, MT, and East to the peaks of the Absaroka Range. The land transitions through three ecosystems from the river bottom riparian area to the Absaroka Mountain Range’s forested mountains. There are also three lakes on Dome Mountain Ranch, the 25± acre Thelma Lake, the 6± acre Vanessa’s Lake, and a 6± acre alpine lake. The ranch is well improved with a beautiful log home and guest homes and the Dome Mountain Guest Ranch structures along the river.

Dome Mountain Ranch and its outfitting and guest ranch business have been featured on The Travel Channel, The Outdoor Network, “Reel Outdoors,” “Bass Pro Shops Outdoor World TV,” “Rocky Boots, “Elk Country Journal,” “Cabela’s Outdoor Adventures,” and other nationally televised programs; as well as been featured in Outdoor Life, Fly Fisher, Trout Magazine, Bugle Magazine (the official publication of the Rocky Mountain Elk Foundation) and others. See the ranches’ website: Dome Mountain Ranch

Dome Mountain Ranch is most famous for the prolific wildlife that roams its timbered draws and open parks and the amazing trout fishery flowing past in the waters of the Yellowstone River and the private lakes within the ranch. At times, the elk herd seems everywhere as trophy bulls, calves, and cows appear from every aspen grove as the late afternoon sun creates long shadows. The trout fishing can be as good as it gets with big rainbow, brown, and cutthroat trout ready to inhale your dry fly.

The new owner may choose to discontinue the commercial aspect of the ranch and enjoy the privacy the ranch provides or continue the lodge and guest ranch endeavors. It is entirely up to the new owner and their goals and desires for the ranch.


  • 5,329± deeded acres total with an additional 470± acres leased from the State and 508± leased from BLM
  • 4.5± miles of frontage on the Yellowstone River (one side)
  • Thelma Lake 25± acres
  • Vanessa’s Lake 6± acres
  • Alpine Lake 6± acres
  • 9.5± miles to Yellowstone over trails
  • Direct access to Dailey Lake
  • Abundant wildlife; moose, elk, mule deer, whitetail deer, mountain lion, grizzly and black bears, bighorn sheep, antelope, wolves, coyotes, bobcats, eagles, ducks, geese, osprey and falcons
  • Extensive homes, cabins, guest houses, commercial Lodge, barns, shops, sheds, equipment, and other outbuildings. (a full list of items can be provided upon request)
  • Borders millions of acres of public land and wilderness
  • 143± acres under pivot irrigation for orchard Grass, Needle & Thread, Clovers, Little Alfalfa, and Sanfoin
  • The land is managed for wildlife habitat enhancement. Hay is produced for the hunting operation and horse feedstock
  • Excellent Water Rights
  • Learn more about this property, its investment potential and information about the area in the Property Brochure.


Fay Ranches has been providing brokerage and advisory services for the acquisition and sale of significant land assets since 1992. While not forgetting our roots as a sporting ranch company, we have expanded our focus and expertise to include the finest farms, ranches, timberland, plantations and vineyards from coast to coast. Over the last two decades, we have built a network of relationships including our Strategic Alliance with Texas-based Republic Ranches. We continue to lead the industry with our consistent ability to source land opportunities for investors and use our unrivaled reach and marketing platform to handle the sale of exceptional land assets.  Fay Ranches is headquartered in Bozeman, Montana with offices across the United States, from Oregon to Tennessee.

Dome Mountain Ranch

Park County, Emigrant, MT

5,329 Acres

Property Sold
Sep 24th, 2023
$45,000,000 (Asking Price)