The Rapelje Bison ranch consists of approximately 15,950 deeded acres plus a 640 acre state lease. As the name suggests, this highly productive grass ranch has been home to nearly 1,250 bison. The current ownership has liquidated the herd and has chosen not to stock the ranch for the 2021 grazing season. This has allowed the pastures to be rested during the current drought. The owner spared no expense in developing stock water with new wells and an extensive pipeline system that delivers water to numerous tire tanks in multiple pastures. In addition to improving the water, over 100 miles of new flex fence was built replacing the exterior fence and creating additional interior cross-fenced pastures. The ranch has approximately 3,300 acres of dryland farming that is currently fallow and ready to be seeded. A new owner will have the option of seeding the farmland back to grass, which has the potential to increase the current carrying capacity to over 700 animal units or put it into grain or hay to provide diversification and/or winter feed. The improvements consist of a solid set of buildings including a modular home, a bunkhouse, a 4,000 square foot metal building, plus shops and additional support buildings. This low-overhead ranch has convenient access off the Molt-Rapelje Road just 35 miles west of Billings. This is an exceptional well blocked grass ranch in a wonderful location with great distant views of the Beartooth Mountains.