640 CLEARWATER Lane, Thayne, WY 83127

$15,950,000

Property Type: Residential Baths: 5 Square Footage: 6,790 Lot Size (sq. ft.): 9,583,200 Status: Closed

Current Price: $15,950,000 List Date: 9/26/2025 Last Modified: 12/06/2025

Overview

Description

Nestled along the banks of Wyoming's famed Salt River, Cakebread Ranch is a ±220-acre retreat offering unmatched fly fishing, abundant wildlife, and refined yet versatile improvements—all approximately an hour from Jackson Hole. With two miles of river frontage and a spring-fed side channel, the property delivers world-class angling in a setting of privacy and natural beauty. A charming lodge, historic fly shop, extensive gardens, and well-kept grounds provide immediate enjoyment while leaving ample opportunity for a new owner's vision, whether a private sporting retreat or an exclusive club concept. Combining proximity to Jackson, Wyoming's favorable tax benefits, and a name synonymous with sophistication, Cakebread Ranch is a truly distinctive offering in the heart of Star Valley.

Supplements: Well improved, the Ranch includes a custom-built lodge, a reconstructed historic cabin functioning as a fly shop, a metal shop building with a cozy 2-bedroom, 1-bathroom apartment, and a hay storage structure. In addition to these buildings, the highlight of the Ranch is the extensive garden, complete with a greenhouse, processing cabin, and rows o ... (Read more)

Listing Details MLS# 25-2561

Location, Tax & Legal

Number: 640
Street: CLEARWATER
Street Suffix: Lane
County: Lincoln
State: WY
Zip Code: 83127
Area: 11B - Central Star Valley, Lincoln County
Subdivision: None
Common Name: Cakebread Ranch
Zoning: Resort
Association Fee Frequency: Annually
Ann. HOA Fee $: 0
Taxes: 37038.34
Tax Year: 2025
Legal Description: TBD based on survey being performed

Listing Information

Non-Public: No
Auction YN: No
Listing Price: 15950000
Effective Date: 2025-09-25

Property Info

Realtor.com Type: Residential - Single Family
House Style: 2 Story
Year Built: 2013
Main House Baths-Full: 5
Main House Total Baths: 5
Main House 2nd Flr & Above SqFt: 990
Ownership: Single Family
Main House-Main Level SqFt: 5800
Main House Garage Type: None
Main House SqFt: 6790
Overall Total Baths: 5
Overall Livable SqFt: 6790
Acres: 220
Horses Allowed: Yes
List Price Per SqFt: 2349.04
Main House Total Bedrooms: 0
Main House # Stalls: 0
Main House-BG SqFt Finished: 0
Guest House Bedrooms: 0
Guest House Baths: 0
Guest House Garage SqFt: 0
Guest House SqFt: 0
Overall Total Bedrooms: 0
Overall Garage SqFt: 0

Compensation and Showing Info

Agent Owned: N

Status Change Information

Under Cont. Date: 2025-10-06
Sold Date: 2025-12-04
Seller Concessions: No

Ground Flr Primary Bdrm

Ground Flr Primary Bdrm: No

More Information

Marketing Name

MarketName1: Cakebread Ranch

Remarks & Directions

Possession: At Closing

Water

Well: Yes

Sewer

Septic (existing): Yes

Basement

None: Yes

Construction

Stick Built On Site: Yes

Exterior

Cedar: Yes

Furnished

Unfurnished: Yes

Amenities

Barn/Stable: Yes
Cathedral Ceiling(s): Yes
Fenced: Yes
Hardwood Floors: Yes
Landscaped: Yes
Multi-Media Wiring: Yes
Patio: Yes
Storage: Yes
Wet Bar: Yes

Property Features

Adjacent Open Space: Yes
Cable to Property: Yes
Creek Frontage: Yes
Fishing: Yes
Flat: Yes
Not in Subdivision: Yes
River Access: Yes
River Frontage: Yes
Stream: Yes
Year Round Access: Yes

Hardwood Floors

Pine: Yes

Roof

Metal: Yes

Fuel Type

Combo: Yes
Electric: Yes
Propane: Yes
Wood: Yes

Propane Tank

Owned: Yes

Heat

Forced Air: Yes
Hydronic in-floor: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Refrigerator: Yes
Washer: Yes

Water Softener

Included: Yes

Driveway

Asphalt: Yes

View

Mountain View: Yes
Valley: Yes
Water: Yes
Wyoming Range Views: Yes

Lifestyle

Cattle Ranch: Yes
Country Living: Yes
Equestrian/Polo: Yes
Fishing: Yes
Fly-In Community: Yes
Guest Ranch: Yes
Lakefront/Riverfront: Yes
Mountain: Yes
Outdoor Recreation: Yes
Ranch/Farm: Yes
Recreational Ranch: Yes
Sporting Ranch: Yes

Property Features

Water: Well Sewer: Septic (existing) Basement: None Construction: Stick Built On Site Exterior: Cedar Furnished: Unfurnished Amenities: Barn/Stable; Cathedral Ceiling(s); Fenced; Hardwood Floors; Landscaped; Multi-Media Wiring; Patio; Storage; Wet Bar Property Features: Adjacent Open Space; Cable to Property; Creek Frontage; Fishing; Flat; Not in Subdivision; River Access; River Frontage; Stream; Year Round Access Hardwood Floors: Pine Roof: Metal Fuel Type: Combo; Electric; Propane; Wood Propane Tank: Owned Heat: Forced Air; Hydronic in-floor Appliances: Dishwasher; Disposal; Dryer; Freezer; Refrigerator; Washer Water Softener: Included Driveway: Asphalt View: Mountain View; Valley; Water; Wyoming Range Views Lifestyle: Cattle Ranch; Country Living; Equestrian/Polo; Fishing; Fly-In Community; Guest Ranch; Lakefront/Riverfront; Mountain; Outdoor Recreation; Ranch/Farm; Recreational Ranch; Sporting Ranch

Listing Office: Live Water Properties LLC

Listing Agent: Matthew C. MacMillan

Last Updated: December - 06 - 2025

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