407 Diamond Basin Rd, Cody, WY 82414

$1,500,000

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List Price
$1,500,000
Days on Market
186
Status
ACTIVE
MLS#
10031971
Lot Size (Acres)
50.89
Year Built
2018

Property Description

Rare 50-acre property with three residences, multiple build sites, and development potential. This unique 50-acre property is ideal for a multi-family compound, rental portfolio, ranch estate, or future development project. Two modern homes built in 2017 each offer a primary suite with full bathroom and walk-in closet, three additional bedrooms, a second full bath, laundry/mud room, and more. Single level, efficient layouts, and with contemporary finishes. Plenty of space to add garages or additional outbuildings. The third (original) residence provides 718 square feet of living space with an attached two-car garage, perfect for a guest house, caretaker’s residence, or rental unit. The land itself is the real asset: multiple building sites with panoramic mountain views in every direction. With 22 irrigated acres, pumps, and watering infrastructure in place, the property is well suited for horses, livestock, hobby farming, or future residential development. The soil is productive, the terrain is usable, and the scale allows for significant subdivision or expansion potential (subject to local approvals). Located approximately one hour from Yellowstone National Park and just minutes from Cody, this property offers a rare combination of privacy, income potential, and future upside. Wildlife, open space, and big-sky views create an exceptional setting for a private retreat, family compound, or income-producing investment.

Additional Information

Area
Cody - Upper South Fork
Garage/Type Stalls
2 Stalls, Attached
Interior Features
Breakfast Bar, Ceiling Fan(s), Garage Door Opener, Handicap Access, Mud Room, Pantry, Walk-In Closet(s)
Exterior Features
Dirt Ditches, Hand Line, Production Ground, Rain Gutters, Private Entrance
Lot Size
2,221,560
Primary Water Type
Public
Cooling Type
None
Days on Market
186
Region
Cody - Upper South Fork
Primary Heat
Electric, Forced Air
Show Address
Yes
Sewer
Septic Tank

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Calculator source: Real Geeks

Listing courtesy of American West Realty & Management.