TURNKEY RANCH WITH MEADOW, SODA CREEK, CROPLAND & CRP REVENUE - Set against the wide-open landscapes of southeastern Idaho, the Hilda Thompson Ranch is an expansive, agricultural holding with recreational value and long-term investment potential. Located approximately four and a half miles northwest of Soda Springs, this historic ranch was first established in the early 1900s as a dry farm and has recently evolved into a productive agricultural and cattle grazing operation with established income streams, water resources, and functional infrastructure. Today, the ranch operates under an efficient rotational grazing system capable of supporting approximately 400 head of cattle. The perimeter is mostly fenced with extensive cross-fencing dividing productive pastures and allowing for sustainable grazing management. The fencing infrastructure has been upgraded and maintained in very good to excellent condition. Comprising five contiguous parcels with year-round access and frontage on both sides of Government Dam Road, the property spans a diverse landscape of cropland, open meadow with a meandering creek, and wildlife habitat. According to the USDA, 975.36 acres are designated cropland, with approximately 857 acres currently enrolled in the CRP program, generating about $50,000 annually, with roughly seven years remaining on the contract. The CRP agreement allows grazing twice during the ten-year term, providing additional flexibility for livestock operations. Water resources are a defining feature of the ranch. Year-round Soda Creek meanders through the property, supporting thriving populations of waterfowl and enhancing both agricultural use and recreational appeal, and ultimately feeding into the canal company system for distribution. Infrastructure consists of a 2,400 square foot shop, a 2,340 square foot original barn, a large cattle corral with chute, a three-sided implement and tractor shed, and five aerated grain bins with a combined capacity of 75,000 bushels. A modest farmhouse originally built around 1945 and remodeled in 1990 offers approximately 842 square feet on the main level plus a basement. Additional value includes a cinder mine resource and two short-term leases currently in place involving buildings, infrastructure, and select grazing. For sportsmen and outdoor enthusiasts, the ranch borders expansive public ground managed by the Bureau of Land Management, including the renowned 90 Percent Range, an area carefully managed for healthy mule deer populations. The ranch also hosts a 110-acre wetland habitat project developed through a conservation easement with the Idaho Department of Fish and Game through 2030. Sponsored in part by Ducks Unlimited, the project created a 1,100-foot dike and protected habitat for ducks and swans, complete with a viewing station and parking area. This is an outdoor recreation enthusiast's paradise. Blackfoot and Alexander Reservoirs offer motorized and non-motorized boating, swimming, fishing, ice fishing, and bird watching opportunities. Blackfoot Reservoir is the second largest reservoir in southeastern Idaho, covering 18,000 surface acres when full, and offers a campground and boat ramp managed by the Bureau of Land Management, and is known for an abundance of wildlife. With state land, BLM ground, and Caribou National Forest close by, there are hundreds of miles of dirt roads and trails to explore horseback riding, hiking, backpacking, camping, mountain biking, cruising in ATVs, wildlife viewing, and big game and upland game hunting. Winter access to the public land requires a snow machine and opens the door to a magical winter wonderland adventure, snowmobiling, fat tire biking, cross-country skiing, and snowshoeing. Elk migration is heavy in this area, and mule deer and moose are also plentiful. Whether your vision is expanding an agricultural portfolio, establishing a productive ranch headquarters, developing a private hunting retreat, or creating a legacy homestead
Active
$6,400,000
2049 Government Dam Rd, Soda Springs, ID 83276
2beds
--sqft
Land w/Residential
Built in ----
1,890 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Productive pasturesMostly fenced with cross-fencingYear-round access and frontageYear-round soda creek
- 204 days
- 247
- 9
Zillow last checked:
Listing updated:
Listed by:
David White 208-709-9237,
Whitetail Properties Real Estate LLC
Source: PCTMLS,MLS#: 581855
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Propane
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Other
- Has garage: Yes
Features
- Fencing: Partial
- Waterfront features: Lake/Creek
Lot
- Size: 1,890 Acres
- Features: Rural, Secluded
- Topography: Level
Details
- Additional structures: Barn(s), Corral(s), Workshop
- Parcel number: 08S41E241200
- Zoning description: City Zoning: Other,County Zoning: Agricultural
- Horse amenities: Grain Bin
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Land w/Residential
Materials
- Hardboard/Composition, Wood Siding, Frame
Utilities & green energy
- Sewer: Private Septic
- Water: Well-Private
Community & HOA
Location
- Region: Soda Springs
Financial & listing details
- Tax assessed value: $424,661
- Annual tax amount: $4,185
- Date on market: 3/10/2026
- Listing terms: Cash,Conventional,USDA Loan
- Road surface type: Dirt, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Price change | $6,400,000-9.9% |
Source: | ||
| 3/11/2026 | Listed for sale | $7,100,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,032 -3.5% | $424,661 +8.3% |
| 2024 | $2,106 +2.5% | $392,182 +14.9% |
| 2023 | $2,056 -8.5% | $341,304 +14.6% |
| 2022 | $2,247 | $297,785 +20% |
| 2021 | -- | $248,179 +10.8% |
| 2020 | $2,313 +4.6% | $223,966 +7.9% |
| 2018 | $2,213 -0.4% | $207,587 +3.3% |
| 2017 | $2,222 +6.3% | $200,994 |
| 2016 | $2,090 +1.7% | $200,994 +2% |
| 2015 | $2,055 | $196,994 +2.5% |
| 2014 | -- | $192,116 |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 83276
Nearby schools
Schools provided by the listing agent
- Elementary: Thirkill
- Middle: Tigert
- High: Soda Springs
Source: PCTMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.