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Gillispie Draw Subdivision offers spacious rural living just outside Sheridan, Wyoming, with large tracts ranging from 4+ to 9+ acres that provide privacy, outdoor space, and a sense of security for custom homes and recreation.

Designed for peaceful single-family living, Gillispie Draw allows a variety of residential styles while maintaining visual appeal through approved exterior materials, fencing standards, and the careful placement of accessory structures such as garages, shops, and barns.

The subdivision is horse-friendly and well-suited for a rural Wyoming lifestyle. Horses and livestock are permitted, and tracts are designed to support barns, loafing sheds, tack rooms, and hay storage. Property care standards, including manure management and appropriate placement of equipment, help preserve a clean, neighbor-friendly environment, making it a welcoming place for horse owners.

Residents enjoy privately maintained subdivision roads, underground utilities that preserve open views, and platted easements for access and services, ensuring a reliable and hassle-free rural lifestyle.

An active Homeowners Association manages road maintenance, architectural approvals, and covenant compliance, with annual assessments supporting shared infrastructure and long-term stewardship. Commercial or industrial operations are prohibited to preserve the neighborhood's quiet enjoyment and rural character, addressing potential buyer concerns about future business use.

With its balance of rural freedom, horse-friendly covenants, custom home flexibility, and protective design standards, Gillispie Draw Subdivision is a dependable choice for buyers seeking space, privacy, and lasting value—just minutes from Sheridan.

       

Gillispie Draw Subdivision

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Lot Number

3

4

5

6

7

8

9

10

11

12

13

14

15

List Price

$299,000

$325,000

$449,000

$345,000

$365,000

$409,000

$319,000

$399,000

$419,000

$439,000

$419,000

$449,000

$479,000

Lot Size/sqft

194,713.2

382,892

271,814.4

224,769.6

222,156.0

365,468.4

202,989.6

223,027.2

319,730.4

293,594.4

270,943.2

361,983.6

404,236.8

Lot SizeAcre

4.47

8.53

6.24

5.16

5.10

8.39

4.66

5.12

7.34

6.74

6.22

8.31

9.28

Gillispie Draw Subdivision is thoughtfully designed for buyers seeking custom home opportunities with room to enjoy a Wyoming lifestyle, including horses and rural living, while maintaining long-term property values and neighborhood appeal. The covenants provide reasonable guidelines that protect the subdivision without over-restricting everyday use.

Gillispie Draw Convenants

Horse-Friendly Rural Living

  • Horses and livestock are permitted, subject to Sheridan County regulations
  • Tracts are designed to support rural uses such as barns, loafing sheds, and tack or hay storage
  • Outdoor areas may be improved for livestock use while maintaining overall property appearance

Custom Home Construction

  • One single-family residence per tract
  • Buyers may design and build custom homes with flexibility in layout and style
  • Architectural Review Committee (ARC) ensures quality construction while allowing individualized designs
  • Exterior materials, colors, rooflines, and site placement are reviewed to promote compatibility

Barns, Shops & Accessory Buildings

  • Accessory structures such as barns, shops, garages, and storage buildings are allowed
  • Structures must be approved and visually compatible with the primary residence
  • Allows flexibility for equestrian and recreational needs without sacrificing neighborhood aesthetics

Water, Utilities & Infrastructure

  • Each tract must have an approved water source, such as a permitted well
  • Underground utilities maintain open views and reduce visual clutter
  • Septic systems must meet county and state requirements, supporting responsible rural development

Roads & Access

  • Privately maintained subdivision roads
  • Homeowners Association oversees road maintenance and shared infrastructure
  • Platted easements provide reliable access and utility placement throughout the subdivision

Property Care & Neighbor Consideration

  • Properties must be maintained in a clean, orderly manner
  • Outside storage, equipment, trailers, and recreational vehicles must be placed appropriately
  • Fencing is permitted with approval and should complement rural and equestrian use

Owners Association

  • Gillispie Draw Homeowners Association manages:
    • Road maintenance
    • Architectural approvals
    • Covenant compliance
  • Annual assessments help maintain roads and protect long-term value across the subdivision

Why Buyers Love Gillispie Draw

  •  Horse-friendly rural living
  • Custom home flexibility
  • Space for barns, shops & livestock
  • Design standards that protect value without over-restriction
  • Peaceful setting near Sheridan
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Lot 3

$299,000

4.47 Acres

Lot 4

$325,000

8.53 Acres

Lot 4 - 8.53 ac
Lot 5 - 6.24 ac

Lot 5

$449,000

6.24 Acres

Lot 6 - 5.16 ac

Lot 6

$345,000

5.16 Acres

Lot 7

$365,000

5.10 Acres

Lot 7 - 5.10 ac
Lot 8 - 8.39 ac

Lot 8

$409,000

8.39 Acres

Lot 9 - 4.66 ac

Lot 9

$319,000

4.66 Acres

Lot 10

$399,000

5.12 Acres

Lot 10 - 5.12 ac
Lot 11 - 7.34 ac

Lot 11

$419,000

7.34 Acres

Lot 12 - 6.74 ac

Lot 12

$439,000

6.74 Acres

Lot 13

$419,000

6.22 Acres

Lot 11 - 6.19 ac
Lot 14 - 8.31 ac

Lot 14

$449,000

8.31 Acres

Lot 15

$479,000

9.28 Acres

Lot 15 - 9.28 ac