House of the Day: Studly Horse Ranch in Wild Wyoming

One of the country's most promiscuous stallions now has more to brag about than just the sheer volume of his conquests. He's residing at a ranch that listed last week for a whopping $175 million. The sprawling Jackson Land and Cattle Ranch in Wyoming is home to a renowned equestrian center in Jackson Hole and boasts the presence of Peptoboonsmal, a legend in the sport of cutting whose offspring have won over $16 million in competition.

The logic-defying price tag of this ranch, located just three minutes from downtown Jackson Hole, is in no way a result of the quality of the estate's actual home. In the way of dwellings, the property offers relative modesty: a simple three-bedroom main house and a four-bedroom guesthouse for ranch staff. The real reason for the price is the 52-stall equestrian center and the 1,750 acres of rolling pine-blanketed hills at the facility's disposal.

The acreage provides ample room for cattle grazing and cutting, the sport of separating a lone cattle from its herd by horseback. The estate also serves as the stamping grounds for a stallion of near-unrivaled potency. In the 2008 breeding season alone, the stud known as Peptoboonsmal bred with 167 mares.