Arthur M. Blank’s AMB West Holding Company has purchased Dome Mountain Ranch in the Paradise Valley just north of Yellowstone National Park.
Terms of the sale were not disclosed, but fayranches.com had the ranch listed at $45 million. The ranch consists of about 6,300 acres of deeded and leased land. AMB West Holding Company is an investment arm within the Blank Family of Businesses, which are owned and operated by Blank.
Blank will rebrand the property in the coming months as the organization intends to use the ranch as a destination hunting and fishing property, according to a press release announcing the acquisition. With the purchase, Blank now owns Mountain Sky Guest Ranch, West Creek Ranch and Paradise Valley Ranch.
“The new ranch is absolutely breathtaking, and we are thrilled to add it to our portfolio of properties in Paradise Valley,” Blank stated in the release. “While we develop a new brand for the ranch and define how it will be utilized going forward, I assure our friends and neighbors throughout the valley that … caring for this precious land and its natural resources will be of highest priority.”
Dome Mountain Ranch has more than 4 miles of the Yellowstone River frontage, is adjacent to U.S. Forest Service land and contiguous with the Absaroka-Beartooth Wilderness. than 30 acres, two of which are stocked with rainbow and brown trout. The ranch is bordered by the more than 4,000-acre Dome Mountain Wildlife Refuge and the 300- acre Dailey Lake. It is one of the last and largest remaining private wildlife preserves just 20 miles north of Yellowstone National Park, according to the ranch website.
The ranch also has roughly 140 acres under pivot irrigation for orchard grass, needle and thread, clovers, little alfalfa and sanfoin, according to the property listing. It has about 5,300 acres of deeded land, with 470 acres leased from the state of Montana and another 508 leased from the federal Bureau of Land Management.
In 2017, the Montana Fish and Wildlife Commission voted unanimously to endorse the Montana Fish, Wildlife and Parks’ proposal to acquire the Dome Mountain Ranch. The listed asking price at the time was $25 million. FWP’s intent was to add the land to the existing Dome Mountain Wildlife Management Area.
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December 16, 2021 at 02:00PM
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Arthur Blank buys Dome Mountain Ranch - The Livingston Enterprise
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