5.73± acres in a prime Sheridan location between Morrison Ranch and Mountain Shadows subdivisions, featuring adjudicated water rights and mountain views. Situated just minutes from downtown Sheridan and the Powder Horn Golf Community. No covenants - bring your vision. This open canvas offers flexibility for a signature single-family estate or potential future subdivision into multiple lots (buyer to verify zoning, access, and subdivision feasibility). A rare combination of location, views, and freedom.